Registered number
10780376
Dog&drone Limited
Filleted Accounts
31 May 2023
Dog&drone Limited
Registered number: 10780376
Balance Sheet
as at 31 May 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 1,867 1,280
Current assets
Debtors 4 950 -
Cash at bank and in hand 10,313 12,179
11,263 12,179
Creditors: amounts falling due within one year 5 (12,847) (13,180)
Net current liabilities (1,584) (1,001)
Net assets 283 279
Capital and reserves
Called up share capital 1 1
Profit and loss account 282 278
Shareholder's funds 283 279
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 his 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.
P J Allibone
Director
Approved by the board on 19 February 2024
Dog&drone Limited
Notes to the Accounts
for the year ended 31 May 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. Turnover includes revenue earned from the rendering of services. 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.
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:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 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. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 June 2022 4,518
Additions 1,662
At 31 May 2023 6,180
Depreciation
At 1 June 2022 3,238
Charge for the year 1,075
At 31 May 2023 4,313
Net book value
At 31 May 2023 1,867
At 31 May 2022 1,280
4 Debtors 2023 2022
£ £
Trade debtors 950 -
5 Creditors: amounts falling due within one year 2023 2022
£ £
Amounts owed to group undertakings and undertakings in which the company has a participating interest 7,804 9,804
Taxation and social security costs 568 1,104
Other creditors 4,475 2,272
12,847 13,180
6 Controlling party
The company is a subsidiary of Pete Allibone Limited which considers the director, P J Allibone to be its controlling party.
7 Other information
Dog&drone Limited is a private company limited by shares and incorporated in England. Its registered office is:
81 Hyperion Walk
Horley
Surrey
RH6 7DB
Dog&drone Limited 10780376 false 2022-06-01 2023-05-31 2023-05-31 VT Final Accounts October 2023 release 2 P J Allibone No description of principal activity 10780376 2021-06-01 2022-05-31 10780376 core:WithinOneYear 2022-05-31 10780376 core:ShareCapital 2022-05-31 10780376 core:RetainedEarningsAccumulatedLosses 2022-05-31 10780376 2022-06-01 2023-05-31 10780376 bus:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 10780376 bus:AuditExemptWithAccountantsReport 2022-06-01 2023-05-31 10780376 bus:Director40 2022-06-01 2023-05-31 10780376 1 2022-06-01 2023-05-31 10780376 2 2022-06-01 2023-05-31 10780376 core:PlantMachinery 2022-06-01 2023-05-31 10780376 countries:England 2022-06-01 2023-05-31 10780376 bus:FRS102 2022-06-01 2023-05-31 10780376 bus:FullAccounts 2022-06-01 2023-05-31 10780376 2023-05-31 10780376 core:WithinOneYear 2023-05-31 10780376 core:ShareCapital 2023-05-31 10780376 core:RetainedEarningsAccumulatedLosses 2023-05-31 10780376 core:PlantMachinery 2023-05-31 10780376 2022-05-31 10780376 core:PlantMachinery 2022-05-31 iso4217:GBP xbrli:pure