IRIS Accounts Production v24.1.0.576 12804707 director 1.9.22 31.8.23 31.8.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure128047072022-08-31128047072023-08-31128047072022-09-012023-08-31128047072021-08-31128047072021-09-012022-08-31128047072022-08-3112804707ns16:EnglandWales2022-09-012023-08-3112804707ns15:PoundSterling2022-09-012023-08-3112804707ns11:Director12022-09-012023-08-3112804707ns11:PrivateLimitedCompanyLtd2022-09-012023-08-3112804707ns11:SmallEntities2022-09-012023-08-3112804707ns11:AuditExemptWithAccountantsReport2022-09-012023-08-3112804707ns11:SmallCompaniesRegimeForDirectorsReport2022-09-012023-08-3112804707ns11:SmallCompaniesRegimeForAccounts2022-09-012023-08-3112804707ns11:FullAccounts2022-09-012023-08-3112804707ns11:RegisteredOffice2022-09-012023-08-3112804707ns6:CurrentFinancialInstruments2023-08-3112804707ns6:CurrentFinancialInstruments2022-08-3112804707ns6:ShareCapital2023-08-3112804707ns6:ShareCapital2022-08-3112804707ns6:SharePremium2023-08-3112804707ns6:SharePremium2022-08-3112804707ns6:RetainedEarningsAccumulatedLosses2023-08-3112804707ns6:RetainedEarningsAccumulatedLosses2022-08-3112804707ns6:PlantMachinery2022-09-012023-08-3112804707ns6:PlantMachinery2022-08-3112804707ns6:PlantMachinery2023-08-3112804707ns6:PlantMachinery2022-08-3112804707ns6:WithinOneYearns6:CurrentFinancialInstruments2023-08-3112804707ns6:WithinOneYearns6:CurrentFinancialInstruments2022-08-31
REGISTERED NUMBER: 12804707 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 AUGUST 2023

FOR

DCIB LIMITED

DCIB LIMITED (REGISTERED NUMBER: 12804707)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023




Page

Company Information 1

Chartered Certified Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


DCIB LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2023







DIRECTOR: R J Vincent





REGISTERED OFFICE: 4a Parkway
Porters Wood
St Albans
Hertfordshire
AL3 6PA





REGISTERED NUMBER: 12804707 (England and Wales)





ACCOUNTANTS: Bentens
Chartered Certified Accountants
Abbey House
51 High Street
Saffron Walden
Essex
CB10 1AF

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
DCIB LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of DCIB Limited for the year ended 31 August 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of DCIB Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of DCIB Limited and state those matters that we have agreed to state to the director of DCIB Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that DCIB Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of DCIB Limited. You consider that DCIB Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of DCIB Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Bentens
Chartered Certified Accountants
Abbey House
51 High Street
Saffron Walden
Essex
CB10 1AF


3 April 2024

DCIB LIMITED (REGISTERED NUMBER: 12804707)

BALANCE SHEET
31 AUGUST 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 10,368 8,964

CURRENT ASSETS
Debtors 4 448,892 208,871
Cash at bank 524,170 445,563
973,062 654,434
CREDITORS
Amounts falling due within one year 5 845,742 562,307
NET CURRENT ASSETS 127,320 92,127
TOTAL ASSETS LESS CURRENT
LIABILITIES

137,688

101,091

CAPITAL AND RESERVES
Called up share capital 100 100
Share premium 89,935 89,935
Retained earnings 47,653 11,056
SHAREHOLDERS' FUNDS 137,688 101,091

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

DCIB LIMITED (REGISTERED NUMBER: 12804707)

BALANCE SHEET - continued
31 AUGUST 2023


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 April 2024 and were signed by:





R J Vincent - Director


DCIB LIMITED (REGISTERED NUMBER: 12804707)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 15% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 6 ) .

DCIB LIMITED (REGISTERED NUMBER: 12804707)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023

3. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2022 10,545
Additions 3,234
At 31 August 2023 13,779
DEPRECIATION
At 1 September 2022 1,581
Charge for year 1,830
At 31 August 2023 3,411
NET BOOK VALUE
At 31 August 2023 10,368
At 31 August 2022 8,964

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 8,927 -
Other debtors 439,965 208,871
448,892 208,871

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 85,331 59,088
Other creditors 760,411 503,219
845,742 562,307

6. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is R J Vincent by virtue of the fact that he owns 100% of the issued share capital in RJVI Holdings Limited (co number 12800717) which owns 65.01% of the issued share capital in the company.

R J Vincent is a director of RJVI Holdings Limited.