Company Registration No. 04267825 (England and Wales)
Douglas Knight Sunblinds Ltd
Unaudited accounts
for the year ended 31 March 2023
Douglas Knight Sunblinds Ltd
Unaudited accounts
Contents
Douglas Knight Sunblinds Ltd
Company Information
for the year ended 31 March 2023
Directors
James Willson
Lisa Willson
Company Number
04267825 (England and Wales)
Registered Office
Unit G1 Beeding Close
Bognor Regis
West Sussex
PO22 9TS
England
Accountants
Paul Wragg FCA
87 Redwing Road
Clanfield
Waterlooville
Hampshire
PO8 0LX
Douglas Knight Sunblinds Ltd
Statement of financial position
as at 31 March 2023
Tangible assets
13,208
16,093
Cash at bank and in hand
50,642
54,353
Creditors: amounts falling due within one year
(115,408)
(146,569)
Net current (liabilities)/assets
(1,499)
1,694
Total assets less current liabilities
11,709
17,787
Provisions for liabilities
Deferred tax
(3,058)
(3,058)
Called up share capital
4
4
Profit and loss account
8,647
14,725
Shareholders' funds
8,651
14,729
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 March 2024 and were signed on its behalf by
James Willson
Director
Company Registration No. 04267825
Douglas Knight Sunblinds Ltd
Notes to the Accounts
for the year ended 31 March 2023
Douglas Knight Sunblinds Ltd is a private company, limited by shares, registered in England and Wales, registration number 04267825. The registered office is Unit G1 Beeding Close, Bognor Regis, West Sussex, PO22 9TS, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
over the lease term
Plant & machinery
20% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
20% reducing balance
Douglas Knight Sunblinds Ltd
Notes to the Accounts
for the year ended 31 March 2023
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
16,761
57,377
31,181
105,319
Disposals
(16,761)
-
-
(16,761)
At 31 March 2023
-
57,769
31,181
88,950
At 1 April 2022
16,761
41,696
30,769
89,226
Charge for the year
-
3,175
102
3,277
On disposals
(16,761)
-
-
(16,761)
At 31 March 2023
-
44,871
30,871
75,742
At 31 March 2023
-
12,898
310
13,208
At 31 March 2022
-
15,681
412
16,093
Amounts falling due within one year
Trade debtors
51,195
84,680
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
27,984
36,982
Amounts owed to group undertakings and other participating interests
4,590
-
Taxes and social security
-
6,451
Other creditors
24,506
629
Loans from directors
-
23,768
7
Average number of employees
During the year the average number of employees was 6 (2022: 8).