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REGISTERED NUMBER: 09020116 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023

FOR

DTW WAKEFIELD LIMITED

DTW WAKEFIELD LIMITED (REGISTERED NUMBER: 09020116)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 May 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DTW WAKEFIELD LIMITED

COMPANY INFORMATION
For The Year Ended 31 May 2023







DIRECTORS: J T Talbot
Mrs D Talbot





REGISTERED OFFICE: Equinox House
Clifton Park, Shipton Road
York
Yorkshire
YO30 5PA





REGISTERED NUMBER: 09020116 (England and Wales)





ACCOUNTANTS: Fortus North Limited
Business Advisors & Accountants
5&6 Manor Court
Manor Garth
Scarborough
North Yorkshire
YO11 3TU

DTW WAKEFIELD LIMITED (REGISTERED NUMBER: 09020116)

BALANCE SHEET
31 May 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 19,009 25,167

CURRENT ASSETS
Debtors 5 127,797 133,900
Cash at bank 2,893 3,847
130,690 137,747
CREDITORS
Amounts falling due within one year 6 38,364 51,137
NET CURRENT ASSETS 92,326 86,610
TOTAL ASSETS LESS CURRENT LIABILITIES 111,335 111,777

CREDITORS
Amounts falling due after more than
one year

7

(50,144

)

(57,733

)

PROVISIONS FOR LIABILITIES (3,612 ) (4,782 )
NET ASSETS 57,579 49,262

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 57,479 49,162
SHAREHOLDERS' FUNDS 57,579 49,262

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

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

The directors acknowledge their 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.

DTW WAKEFIELD LIMITED (REGISTERED NUMBER: 09020116)

BALANCE SHEET - continued
31 May 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 December 2023 and were signed on its behalf by:





J T Talbot - Director


DTW WAKEFIELD LIMITED (REGISTERED NUMBER: 09020116)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 May 2023


1. STATUTORY INFORMATION

Dtw Wakefield Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. 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.

These financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

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 the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery - 20% on reducing balance
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Cash at bank and in hand
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown with borrowings in current liabilities.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

DTW WAKEFIELD LIMITED (REGISTERED NUMBER: 09020116)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 May 2023


4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 June 2022
and 31 May 2023 5,095 39,997 45,092
DEPRECIATION
At 1 June 2022 2,426 17,499 19,925
Charge for year 534 5,624 6,158
At 31 May 2023 2,960 23,123 26,083
NET BOOK VALUE
At 31 May 2023 2,135 16,874 19,009
At 31 May 2022 2,669 22,498 25,167

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 127,797 133,900

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 19,877 25,143
Hire purchase contracts 7,799 7,799
Corporation tax 8,625 12,706
Social security and other taxes - 174
VAT - 3,216
Directors' current accounts 222 426
Accrued expenses 1,841 1,673
38,364 51,137

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bounce back loan 34,545 34,335
Hire purchase contracts 15,599 23,398
50,144 57,733

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary 1 100 100

DTW WAKEFIELD LIMITED (REGISTERED NUMBER: 09020116)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 May 2023


9. RELATED PARTY DISCLOSURES

During the year the company made advances to and received payments from two companies which are under common control. Interest was charged at a rate of 2.5% on each of these loans. The balance outstanding is shown in other debtors and at the year end the remaining balance for each company was as follows: -

TH Property Investments Ltd - £89,644 (£123,900 - 2022)
TH Tanning and Beauty Limited - £38,153 (£10,000 - 2022)