Registered number
12287696
Isobel Davidson Communications Limited
Filleted Accounts
31 October 2023
Isobel Davidson Communications Limited
Company Information
Director
Mrs I M Davidson
Accountants
Anderson Griffin
Rotunda Buildings
Montpellier Exchange
Cheltenham
Glos
Registered office
2 Priors Road
Cheltenham
Glos
Registered number
12287696
Isobel Davidson Communications Limited
Registered number: 12287696
Balance Sheet
as at 31 October 2023
Notes 2023 2022
£ £
Fixed assets
Intangible assets 3 - 2,500
Tangible assets 4 - 105
- 2,605
Current assets
Debtors 5 37,288 4,650
Cash at bank and in hand 15,188 37,998
52,476 42,648
Creditors: amounts falling due within one year 6 (4,557) (7,741)
Net current assets 47,919 34,907
Net assets 47,919 37,512
Capital and reserves
Called up share capital 1 1
Profit and loss account 47,918 37,511
Shareholder's funds 47,919 37,512
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mrs I M Davidson
Director
Approved by the board on 31 January 2024
Isobel Davidson Communications Limited
Notes to the Accounts
for the year ended 31 October 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Computer equipment over 4 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Intangible fixed assets £
Goodwill:
Cost
At 1 November 2022 10,000
At 31 October 2023 10,000
Amortisation
At 1 November 2022 7,500
Provided during the year 2,500
At 31 October 2023 10,000
Net book value
At 31 October 2023 -
At 31 October 2022 2,500
Goodwill is being written off in equal annual instalments over its estimated economic life of 4 years.
4 Tangible fixed assets
Computer equipment
£
Cost
At 1 November 2022 428
At 31 October 2023 428
Depreciation
At 1 November 2022 323
Charge for the year 105
At 31 October 2023 428
Net book value
At 31 October 2023 -
At 31 October 2022 105
5 Debtors 2023 2022
£ £
Trade debtors 1,288 4,650
Other debtors 36,000 -
37,288 4,650
6 Creditors: amounts falling due within one year 2023 2022
£ £
Taxation and social security costs 3,521 5,881
Directors loan - 824
Other creditors 1,036 1,036
4,557 7,741
7 Controlling party
The company is controlled by the director.
8 Other information
Isobel Davidson Communications Limited is a private company limited by shares and incorporated in England. Its registered office is:
2 Priors Road
Cheltenham
Glos
Isobel Davidson Communications Limited 12287696 false 2022-11-01 2023-10-31 2023-10-31 VT Final Accounts April 2022 No description of principal activity 12287696 2021-11-01 2022-10-31 12287696 core:WithinOneYear 2022-10-31 12287696 core:ShareCapital 2022-10-31 12287696 core:RetainedEarningsAccumulatedLosses 2022-10-31 12287696 2022-11-01 2023-10-31 12287696 bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 12287696 bus:AuditExemptWithAccountantsReport 2022-11-01 2023-10-31 12287696 bus:Director1 2022-11-01 2023-10-31 12287696 1 2022-11-01 2023-10-31 12287696 2 2022-11-01 2023-10-31 12287696 core:Goodwill 2022-11-01 2023-10-31 12287696 core:PlantMachinery 2022-11-01 2023-10-31 12287696 countries:England 2022-11-01 2023-10-31 12287696 bus:FRS102 2022-11-01 2023-10-31 12287696 bus:FullAccounts 2022-11-01 2023-10-31 12287696 2023-10-31 12287696 core:WithinOneYear 2023-10-31 12287696 core:ShareCapital 2023-10-31 12287696 core:RetainedEarningsAccumulatedLosses 2023-10-31 12287696 core:Goodwill 2023-10-31 12287696 core:PlantMachinery 2023-10-31 12287696 2022-10-31 12287696 core:Goodwill 2022-10-31 12287696 core:PlantMachinery 2022-10-31 iso4217:GBP xbrli:pure