Caseware UK (AP4) 2023.0.135 2023.0.135 2023-10-312023-10-31true2022-11-01false22falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09815514 2022-11-01 2023-10-31 09815514 2021-11-01 2022-10-31 09815514 2023-10-31 09815514 2022-10-31 09815514 c:Director1 2022-11-01 2023-10-31 09815514 d:PlantMachinery 2022-11-01 2023-10-31 09815514 d:PlantMachinery 2023-10-31 09815514 d:PlantMachinery 2022-10-31 09815514 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 09815514 d:CurrentFinancialInstruments 2023-10-31 09815514 d:CurrentFinancialInstruments 2022-10-31 09815514 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 09815514 d:CurrentFinancialInstruments d:WithinOneYear 2022-10-31 09815514 d:UKTax 2022-11-01 2023-10-31 09815514 d:UKTax 2021-11-01 2022-10-31 09815514 d:ShareCapital 2023-10-31 09815514 d:ShareCapital 2022-10-31 09815514 d:RetainedEarningsAccumulatedLosses 2023-10-31 09815514 d:RetainedEarningsAccumulatedLosses 2022-10-31 09815514 c:FRS102 2022-11-01 2023-10-31 09815514 c:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 09815514 c:FullAccounts 2022-11-01 2023-10-31 09815514 c:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 09815514 e:PoundSterling 2022-11-01 2023-10-31 iso4217:GBP xbrli:pure
Registered number: 09815514








DYERS UK LIMITED

FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 OCTOBER 2023

 
DYERS UK LIMITED
REGISTERED NUMBER: 09815514

STATEMENT OF FINANCIAL POSITION
AS AT 31 OCTOBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 6 
76
150

  
76
150

Current assets
  

Stocks
 7 
1,250
1,250

Debtors: amounts falling due within one year
 8 
9,531
17,078

Cash at bank and in hand
  
3,364
4,988

  
14,145
23,316

Creditors: amounts falling due within one year
 9 
(14,074)
(27,515)

Net current assets/(liabilities)
  
 
 
71
 
 
(4,199)

Total assets less current liabilities
  
147
(4,049)

  

Net assets/(liabilities)
  
147
(4,049)


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
146
(4,050)

  
147
(4,049)


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Page 1

 
DYERS UK LIMITED
REGISTERED NUMBER: 09815514
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 OCTOBER 2023

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 15 April 2024.




A. Dyer
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
DYERS UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1.


General information

Dyers UK Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is 30 Orange Street, London, WC2H 7HF.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding value added tax. The following criteria must also be met before revenue is recognised:
Sale of goods
Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
 the Company has transferred the significant risks and rewards of ownership to the buyer;
 the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
 the amount of revenue can be measured reliably;
 it is probable that the Company will receive the consideration due under the transaction; and
 the costs incurred or to be incurred in respect of the transaction can be measured reliably.
Rendering of services
Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
 the amount of revenue can be measured reliably;
 it is probable that the Company will receive the consideration due under the contract;
 the stage of completion of the contract at the end of the reporting period can be measured reliably;  and
 the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
DYERS UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

2.Accounting policies (continued)

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
25% Straight Line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.4

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Work in progress and finished goods include labour and attributable overheads.

 
2.5

Debtors

Short term debtors are measured at transaction price, less any impairment. 

 
2.6

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. 

 
2.7

Creditors

Short term creditors are measured at the transaction price. 

 
2.8

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of income and retained earnings.
Financial assets and liabilities are offset and the net amount reported in the Statement of Financial Position when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Page 4

 
DYERS UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

2.Accounting policies (continued)

 
2.9

Dividends

Equity dividends are recognised when they become legally payable.

 
2.10

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.


3.


Employees

2023
2022
£
£

Wages and salaries
29,500
27,000

29,500
27,000


The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Taxation


2023
2022
£
£

Corporation tax


Current tax on profits for the year
595
-


595
-


Total current tax
595
-

Factors affecting tax charge for the year

The company has a tax loss brought forward of £3,733 which has been offset against the current year profit.

Factors that may affect future tax charges

There were no factors that may affect future tax charges.

Page 5

 
DYERS UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

5.


Dividends

2023
2022
£
£


Dividends paid
2,000
-

2,000
-


6.


Tangible fixed assets





Plant and machinery

£



Cost or valuation


At 1 November 2022
1,098



At 31 October 2023

1,098



Depreciation


At 1 November 2022
948


Charge for the year on owned assets
74



At 31 October 2023

1,022



Net book value



At 31 October 2023
76



At 31 October 2022
150


7.


Stocks

2023
2022
£
£

Finished goods and goods for resale
1,250
1,250

1,250
1,250


Page 6

 
DYERS UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

8.


Debtors

2023
2022
£
£


Trade debtors
7,687
14,956

Other debtors
1,844
2,122

9,531
17,078



9.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
595
-

Other taxation and social security
4,419
3,459

Other creditors
6,081
19,528

Accruals
2,979
4,528

14,074
27,515


 
Page 7