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REGISTERED NUMBER: 05534880 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2022

FOR

DGS HARROVIAN LTD

DGS HARROVIAN LTD (REGISTERED NUMBER: 05534880)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DGS HARROVIAN LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2022







DIRECTORS: C Kapadia
D Thakrar





SECRETARY: D Thakrar





REGISTERED OFFICE: 5 Jardine House
Harrovian Business Village
Bessborough Road
Harrow
Middlesex
HA1 3EX





REGISTERED NUMBER: 05534880 (England and Wales)





ACCOUNTANTS: David Simon Limited
Chartered Certified Accountants
5 Jardine House
Harrovian Business Village
Bessborough Road
Harrow
Middlesex
HA1 3EX

DGS HARROVIAN LTD (REGISTERED NUMBER: 05534880)

BALANCE SHEET
31 AUGUST 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 571,598 590,180
571,598 590,180

CURRENT ASSETS
Stocks 84,133 72,569
Debtors 6 274,212 336,285
Cash at bank and in hand 41,650 82,782
399,995 491,636
CREDITORS
Amounts falling due within one year 7 316,770 438,999
NET CURRENT ASSETS 83,225 52,637
TOTAL ASSETS LESS CURRENT
LIABILITIES

654,823

642,817

CREDITORS
Amounts falling due after more than one
year

8

253,867

287,358
NET ASSETS 400,956 355,459

CAPITAL AND RESERVES
Called up share capital 67,600 67,600
Retained earnings 333,356 287,859
SHAREHOLDERS' FUNDS 400,956 355,459

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2022 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.

DGS HARROVIAN LTD (REGISTERED NUMBER: 05534880)

BALANCE SHEET - continued
31 AUGUST 2022


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 Board of Directors and authorised for issue on 7 February 2024 and were signed on its behalf by:




C Kapadia - Director



D Thakrar - Director


DGS HARROVIAN LTD (REGISTERED NUMBER: 05534880)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2022

1. STATUTORY INFORMATION

DGS Harrovian Ltd 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.

Going concern
The COVID-19 (coronavirus) pandemic has had an increasingly significant effect on individuals, businesses and organisations worldwide. The outbreak came into widespread public knowledge in 2020. The Directors have taken all necessary measures to satisfy themselves that the Company will continue to be able to operate throughout the current lockdown conditions and beyond. Therefore, the Company is considered to be a going concern and no adjustments have been made to the figures in these financial statements.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of three years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost
Plant and machinery etc - 25% on reducing balance

Stocks
Work in progress is valued at net realisable value.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

DGS HARROVIAN LTD (REGISTERED NUMBER: 05534880)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2022

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2021 - 25 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2021
and 31 August 2022 555,783
AMORTISATION
At 1 September 2021
and 31 August 2022 555,783
NET BOOK VALUE
At 31 August 2022 -
At 31 August 2021 -

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 September 2021 661,916 33,394 695,310
Disposals - (934 ) (934 )
At 31 August 2022 661,916 32,460 694,376
DEPRECIATION
At 1 September 2021 83,838 21,293 105,131
Charge for year 13,238 4,818 18,056
Eliminated on disposal - (409 ) (409 )
At 31 August 2022 97,076 25,702 122,778
NET BOOK VALUE
At 31 August 2022 564,840 6,758 571,598
At 31 August 2021 578,078 12,101 590,179

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 125,809 298,147
Other debtors 148,403 38,138
274,212 336,285

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 34,000 36,000
Trade creditors 27,651 48,410
Taxation and social security 150,833 304,795
Other creditors 104,286 49,794
316,770 438,999

DGS HARROVIAN LTD (REGISTERED NUMBER: 05534880)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2022

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2022 2021
£    £   
Bank loans 253,867 287,358

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr 117,867 163,358

The bank loan is secured by way of a debenture and a legal charge over the freehold property included in fixed assets.