1 June 2022 false No description of principal activity Taxfiler 2023.12 10769817business:PrivateLimitedCompanyLtd2022-06-012023-05-31 107698172022-05-31 107698172022-06-012023-05-31 10769817business:AuditExempt-NoAccountantsReport2022-06-012023-05-31 10769817business:FilletedAccounts2022-06-012023-05-31 107698172023-05-31 10769817business:Director12022-06-012023-05-31 10769817business:Director22022-06-012023-05-31 10769817business:RegisteredOffice2022-06-012023-05-31 107698172022-05-31 10769817core:WithinOneYear2023-05-31 10769817core:WithinOneYear2022-05-31 10769817core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 10769817core:ShareCapitalcore:PreviouslyStatedAmount2022-05-31 10769817core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 10769817core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-05-31 10769817core:PreviouslyStatedAmount2023-05-31 10769817core:PreviouslyStatedAmount2022-05-31 10769817business:SmallEntities2022-06-012023-05-31 10769817countries:EnglandWales2022-06-012023-05-31 10769817business:OrdinaryShareClass12022-06-012023-05-31 10769817business:OrdinaryShareClass12021-06-012022-05-31 107698172021-06-012022-05-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 10769817 (England and Wales)
DAVIES OIL & GAS MANAGEMENT ADVISORY LIMITED Unaudited accounts for the year ended 31 May 2023
DAVIES OIL & GAS MANAGEMENT ADVISORY LIMITED Unaudited accounts Contents
Page
- 2 -
DAVIES OIL & GAS MANAGEMENT ADVISORY LIMITED Company Information for the year ended 31 May 2023
Directors
David Davies Maria Davies
Company Number
10769817 (England and Wales)
Registered Office
193 Richmond Road Twichenham TW1 2NJ
- 3 -
DAVIES OIL & GAS MANAGEMENT ADVISORY LIMITED Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
10,875 
3,022 
Cash at bank and in hand
78,319 
20,072 
89,194 
23,094 
Creditors: amounts falling due within one year
(18,971)
(5,161)
Net current assets
70,223 
17,933 
Net assets
70,223 
17,933 
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
70,219 
17,929 
Shareholders' funds
70,223 
17,933 
For the year ending 31 May 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 directors acknowledge their 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 of Directors and authorised for issue on 9 February 2024 and were signed on its behalf by
David Davies Director Company Registration No. 10769817
- 4 -
DAVIES OIL & GAS MANAGEMENT ADVISORY LIMITED Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
DAVIES OIL & GAS MANAGEMENT ADVISORY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10769817. The registered office is 193 Richmond Road, Twichenham , TW1 2NJ.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
10,875 
3,022 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
17,576 
4,205 
Loans from directors
1,395 
956 
18,971 
5,161 
6
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
4 Ordinary shares of £1 each
4 
4 
- 5 -
DAVIES OIL & GAS MANAGEMENT ADVISORY LIMITED Notes to the Accounts for the year ended 31 May 2023
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
- 6 -