Company Registration No. 08130125 (England and Wales)
DJC Financial Solutions Ltd
Unaudited accounts
for the year ended 31 July 2023
DJC Financial Solutions Ltd
Unaudited accounts
Contents
DJC Financial Solutions Ltd
Company Information
for the year ended 31 July 2023
Director
Mr David Churchill
Company Number
08130125 (England and Wales)
Registered Office
23 Oakfields
Marshfield
Cardiff
Glamorgan
CF3 2EZ
United Kingdom
Accountants
Nathan Evans Limited
16 Cambrian Way
Marshfield
Cardiff
CF3 2WB
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of DJC Financial Solutions Ltd for the year ended 31 July 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
DJC Financial Solutions Ltd for the year ended
31 July 2023 as set out on pages
5 -
6 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
Nathan Evans Limited
Chartered Accountants
16 Cambrian Way
Marshfield
Cardiff
CF3 2WB
8 April 2024
DJC Financial Solutions Ltd
Statement of financial position
as at 31 July 2023
Cash at bank and in hand
9,781
20,086
Creditors: amounts falling due within one year
(3,064)
(12,261)
Net current assets
6,717
7,825
Total assets less current liabilities
6,717
7,825
Creditors: amounts falling due after more than one year
(5,445)
(7,366)
Called up share capital
2
2
Profit and loss account
1,270
457
Shareholders' funds
1,272
459
For the year ending 31 July 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 director acknowledges his 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 and authorised for issue on 8 April 2024 and were signed on its behalf by
Mr David Churchill
Director
Company Registration No. 08130125
DJC Financial Solutions Ltd
Notes to the Accounts
for the year ended 31 July 2023
DJC Financial Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 08130125. The registered office is 23 Oakfields, Marshfield, Cardiff, Glamorgan, CF3 2EZ, United Kingdom.
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.
4
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
2,978
2,213
Loans from directors
-
9,000
5
Creditors: amounts falling due after more than one year
2023
2022
The company was under the control of Mr D Churchill throughout the current and prior period. Mr Churchill owns 50% of the share capital and received £11,856 in dividends during the year (2022: £9,507).
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).