IRIS Accounts Production v23.3.1.45 00691436 Board of Directors 1.6.22 31.5.23 31.5.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh006914362022-05-31006914362023-05-31006914362022-06-012023-05-31006914362021-05-31006914362021-06-012022-05-31006914362022-05-3100691436ns10:Originalns15:EnglandWales2022-06-012023-05-3100691436ns14:PoundSterlingns10:Original2022-06-012023-05-3100691436ns10:Originalns10:Director12022-06-012023-05-3100691436ns10:Original2022-06-012023-05-3100691436ns10:Original2023-05-3100691436ns10:Originalns10:PrivateLimitedCompanyLtd2022-06-012023-05-3100691436ns10:Originalns10:SmallEntities2022-06-012023-05-3100691436ns10:Originalns10:AuditExempt-NoAccountantsReport2022-06-012023-05-3100691436ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-06-012023-05-3100691436ns10:SmallCompaniesRegimeForAccountsns10:Original2022-06-012023-05-3100691436ns10:Originalns10:FullAccounts2022-06-012023-05-3100691436ns10:Originalns10:OrdinaryShareClass12022-06-012023-05-3100691436ns10:Originalns10:Director22022-06-012023-05-3100691436ns10:Originalns10:RegisteredOffice2022-06-012023-05-3100691436ns10:Original2022-05-3100691436ns10:Originalns5:CurrentFinancialInstruments2023-05-3100691436ns10:Originalns5:CurrentFinancialInstruments2022-05-3100691436ns5:ShareCapitalns10:Original2023-05-3100691436ns5:ShareCapitalns10:Original2022-05-3100691436ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-05-3100691436ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-05-3100691436ns10:Originalns5:OwnedOrFreeholdAssetsns5:LandBuildings2022-06-012023-05-3100691436ns10:Originalns5:FurnitureFittings2022-06-012023-05-3100691436ns10:Original2021-06-012022-05-3100691436ns10:Originalns5:LandBuildings2022-05-3100691436ns10:Originalns5:FurnitureFittings2022-05-3100691436ns10:Original2022-05-3100691436ns10:Originalns5:LandBuildings2022-06-012023-05-3100691436ns10:Originalns5:LandBuildings2023-05-3100691436ns10:Originalns5:FurnitureFittings2023-05-3100691436ns10:Originalns5:LandBuildings2022-05-3100691436ns10:Originalns5:FurnitureFittings2022-05-3100691436ns10:Originalns5:CostValuation2022-05-3100691436ns10:Originalns5:AdditionsToInvestments2023-05-3100691436ns10:Originalns5:DisposalsRepaymentsInvestments2023-05-3100691436ns10:Originalns5:CostValuation2023-05-3100691436ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-3100691436ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-05-3100691436ns10:Originalns10:OrdinaryShareClass12023-05-31
REGISTERED NUMBER: 00691436 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023

FOR

D.A.Tubb Limited

D.A.Tubb Limited (Registered number: 00691436)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 May 2023




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 7


D.A.Tubb Limited

COMPANY INFORMATION
for the year ended 31 May 2023







Directors: A Tubb
Mrs R Howes





Registered office: Abacus House, 129 North Hill
Plymouth
Devon
PL4 8JY





Registered number: 00691436 (England and Wales)





Accountants: Nigel Webster & Co
129 North Hill
Plymouth
Devon
PL4 8JY

D.A.Tubb Limited (Registered number: 00691436)

BALANCE SHEET
31 May 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Tangible assets 4 27,273 30,005
Investments 5 35,591 33,950
62,864 63,955

Current assets
Stocks - 45,055
Debtors 6 40,420 54,797
Cash at bank and in hand 339,267 119,196
379,687 219,048
Creditors
Amounts falling due within one year 7 48,872 78,510
Net current assets 330,815 140,538
Total assets less current liabilities 393,679 204,493

Capital and reserves
Called up share capital 8 1,000 1,000
Retained earnings 392,679 203,493
Shareholders' funds 393,679 204,493

D.A.Tubb Limited (Registered number: 00691436)

BALANCE SHEET - continued
31 May 2023


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.

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 & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 February 2024 and were signed on its behalf by:





A Tubb - Director


D.A.Tubb Limited (Registered number: 00691436)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 May 2023

1. STATUTORY INFORMATION

D.A. Tubb 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.

Preparation of consolidated financial statements
The financial statements contain information about D.A.Tubb Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover represents amounts received for the retail sale of goods together with amounts due for the provision and dispensing of drugs, net of any applicable value added tax. Turnover is recognised at the point of sale/dispensing.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Fittings and utensils - 20% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & 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.


D.A.Tubb Limited (Registered number: 00691436)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 May 2023

2. ACCOUNTING POLICIES - continued
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.

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.

Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 8 ) .

D.A.Tubb Limited (Registered number: 00691436)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 May 2023

4. TANGIBLE FIXED ASSETS
Fittings
Freehold and
property utensils Totals
£    £    £   
Cost
At 1 June 2022 53,899 21,506 75,405
Disposals - (21,506 ) (21,506 )
At 31 May 2023 53,899 - 53,899
Depreciation
At 1 June 2022 25,535 19,865 45,400
Charge for year 1,091 141 1,232
Eliminated on disposal - (20,006 ) (20,006 )
At 31 May 2023 26,626 - 26,626
Net book value
At 31 May 2023 27,273 - 27,273
At 31 May 2022 28,364 1,641 30,005

5. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
Cost
At 1 June 2022 1 33,949 33,950
Additions - 1,642 1,642
Disposals (1 ) - (1 )
At 31 May 2023 - 35,591 35,591
Net book value
At 31 May 2023 - 35,591 35,591
At 31 May 2022 1 33,949 33,950

The shares relating to group companies were:

Company Shares held Activity
D.A.Tubb (Newton Ferrers) Limited 100% Dormant

D.A.Tubb Limited (Registered number: 00691436)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 May 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 42,221
Other debtors 40,420 12,576
40,420 54,797

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors - 47,502
Taxation and social security 44,280 1,105
Other creditors 4,592 29,903
48,872 78,510

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1,000 Ordinary £1 1,000 1,000

9. RELATED PARTY DISCLOSURES

At the balance sheet date the company was owed the following amounts from to the directors:

Name £
A Tubb Director 592