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REGISTERED NUMBER: 04618000 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023

FOR

DOUBLES AND TREBLES (BRIDGES) LIMITED

DOUBLES AND TREBLES (BRIDGES) LIMITED (REGISTERED NUMBER: 04618000)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DOUBLES AND TREBLES (BRIDGES) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2023







DIRECTORS: K D Morris
M D Webb
P Morgan





SECRETARY: P Morgan





REGISTERED OFFICE: Court House
Court Road
Bridgend
CF31 1BE





REGISTERED NUMBER: 04618000 (England and Wales)





ACCOUNTANTS: Graham Paul Limited
Court House
Court Road
Bridgend
CF31 1BE

DOUBLES AND TREBLES (BRIDGES) LIMITED (REGISTERED NUMBER: 04618000)

BALANCE SHEET
31 MAY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 81,309 11,361
81,309 11,361

CURRENT ASSETS
Stocks 393,123 582,200
Debtors 6 71,974 2,852
Investments 7 5,599 5,599
Cash at bank 4 4
470,700 590,655
CREDITORS
Amounts falling due within one year 8 253,527 395,289
NET CURRENT ASSETS 217,173 195,366
TOTAL ASSETS LESS CURRENT
LIABILITIES

298,482

206,727

CREDITORS
Amounts falling due after more than one
year

9

(145,280

)

(42,216

)

PROVISIONS FOR LIABILITIES (2,149 ) (2,159 )
NET ASSETS 151,053 162,352

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 11 150,953 162,252
SHAREHOLDERS' FUNDS 151,053 162,352

DOUBLES AND TREBLES (BRIDGES) LIMITED (REGISTERED NUMBER: 04618000)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 February 2024 and were signed on its behalf by:





M D Webb - Director


DOUBLES AND TREBLES (BRIDGES) LIMITED (REGISTERED NUMBER: 04618000)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023


1. STATUTORY INFORMATION

Doubles and Trebles (Bridges) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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

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.
Plant and machinery etc - 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

DOUBLES AND TREBLES (BRIDGES) LIMITED (REGISTERED NUMBER: 04618000)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2023


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 June 2022
and 31 May 2023 5,000
AMORTISATION
At 1 June 2022
and 31 May 2023 5,000
NET BOOK VALUE
At 31 May 2023 -
At 31 May 2022 -

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 June 2022 - 47,324 47,324
Additions 70,000 1,852 71,852
At 31 May 2023 70,000 49,176 119,176
DEPRECIATION
At 1 June 2022 - 35,963 35,963
Charge for year - 1,904 1,904
At 31 May 2023 - 37,867 37,867
NET BOOK VALUE
At 31 May 2023 70,000 11,309 81,309
At 31 May 2022 - 11,361 11,361

DOUBLES AND TREBLES (BRIDGES) LIMITED (REGISTERED NUMBER: 04618000)

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 2,525 2,852
Other debtors 69,449 -
71,974 2,852

7. CURRENT ASSET INVESTMENTS
2023 2022
£    £   
Unlisted investments 5,599 5,599

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 162,783 221,013
Hire purchase contracts 22,333 27,475
Trade creditors 14,885 39,470
Taxation and social security 16,084 42,403
Other creditors 37,442 64,928
253,527 395,289

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 145,280 30,768
Hire purchase contracts - 11,448
145,280 42,216

10. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans and overdraft 93,625 95,112
Stocking loans 84,160 -
177,785 95,112

Bank loans and overdrafts are secured on the assets of the company.

Stocking loans are secured on the vehicles in which they relate to.

DOUBLES AND TREBLES (BRIDGES) LIMITED (REGISTERED NUMBER: 04618000)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2023


11. RESERVES
Retained
earnings
£   

At 1 June 2022 162,252
Deficit for the year (11,299 )
At 31 May 2023 150,953

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 May 2023 and 31 May 2022:

2023 2022
£    £   
M D Webb
Balance outstanding at start of year - 4,081
Amounts advanced 9,198 -
Amounts repaid - (4,081 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 9,198 -

K D Morris
Balance outstanding at start of year - -
Amounts advanced 50,788 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 50,788 -

13. RELATED PARTY DISCLOSURES

The amount owed to the directors at the year end was £31,588 (2022 - £52,364), these loans are interest free.