1 July 2022 false Taxfiler 2023.14 03790355business:PrivateLimitedCompanyLtd2022-07-012023-06-30 037903552022-06-30 037903552022-07-012023-06-30 03790355business:AuditExempt-NoAccountantsReport2022-07-012023-06-30 03790355business:FilletedAccounts2022-07-012023-06-30 037903552023-06-30 03790355business:Director12022-07-012023-06-30 03790355business:Director22022-07-012023-06-30 03790355business:Director32022-07-012023-06-30 03790355business:RegisteredOffice2022-07-012023-06-30 037903552022-06-30 03790355core:WithinOneYear2023-06-30 03790355core:WithinOneYear2022-06-30 03790355core:AfterOneYear2023-06-30 03790355core:AfterOneYear2022-06-30 03790355core:ShareCapitalcore:PreviouslyStatedAmount2023-06-30 03790355core:ShareCapitalcore:PreviouslyStatedAmount2022-06-30 03790355core:RevaluationReservecore:PreviouslyStatedAmount2023-06-30 03790355core:RevaluationReservecore:PreviouslyStatedAmount2022-06-30 03790355core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 03790355core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-06-30 03790355core:PreviouslyStatedAmount2023-06-30 03790355core:PreviouslyStatedAmount2022-06-30 03790355business:SmallEntities2022-07-012023-06-30 03790355countries:EnglandWales2022-07-012023-06-30 03790355core:LandBuildings2022-07-012023-06-30 03790355core:MotorVehicles2022-07-012023-06-30 03790355core:FurnitureFittings2022-07-012023-06-30 03790355core:Goodwill2022-06-30 03790355core:Goodwill2023-06-30 03790355core:LandBuildings2022-06-30 03790355core:MotorVehicles2022-06-30 03790355core:FurnitureFittings2022-06-30 03790355core:LandBuildings2023-06-30 03790355core:MotorVehicles2023-06-30 03790355core:FurnitureFittings2023-06-30 03790355business:OrdinaryShareClass12022-07-012023-06-30 03790355business:OrdinaryShareClass12021-07-012022-06-30 037903552021-07-012022-06-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 03790355 (England and Wales)
DAB LIFT & ELECTRICAL SERVICES LIMITED Unaudited accounts for the year ended 30 June 2023
DAB LIFT & ELECTRICAL SERVICES LIMITED Unaudited accounts Contents
Page
- 2 -
DAB LIFT & ELECTRICAL SERVICES LIMITED Company Information for the year ended 30 June 2023
Directors
David Brown Gary Brown Steven Brown
Company Number
03790355 (England and Wales)
Registered Office
UNIT 12 EASTER PARK FERRY LANE SOUTH RAINHAM ESSEX RM13 9BP
- 3 -
DAB LIFT & ELECTRICAL SERVICES LIMITED Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
500,000 
500,000 
Tangible assets
1,048,154 
925,199 
1,548,154 
1,425,199 
Current assets
Debtors
471,771 
461,271 
Cash at bank and in hand
571,501 
538,214 
1,043,272 
999,485 
Creditors: amounts falling due within one year
(507,482)
(700,789)
Net current assets
535,790 
298,696 
Total assets less current liabilities
2,083,944 
1,723,895 
Creditors: amounts falling due after more than one year
(64,819)
(126,675)
Net assets
2,019,125 
1,597,220 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
231,908 
231,908 
Profit and loss account
1,787,117 
1,365,212 
Shareholders' funds
2,019,125 
1,597,220 
For the year ending 30 June 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 31 October 2023 and were signed on its behalf by
David Brown Director Company Registration No. 03790355
- 4 -
DAB LIFT & ELECTRICAL SERVICES LIMITED Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
DAB LIFT & ELECTRICAL SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03790355. The registered office is UNIT 12 EASTER PARK, FERRY LANE SOUTH, RAINHAM, ESSEX, RM13 9BP.
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 as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
0%
Motor vehicles
20%
Fixtures & fittings
18%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 July 2022
500,000 
At 30 June 2023
500,000 
Amortisation
At 1 July 2022
- 
At 30 June 2023
- 
Net book value
At 30 June 2023
500,000 
At 30 June 2022
500,000 
- 5 -
DAB LIFT & ELECTRICAL SERVICES LIMITED Notes to the Accounts for the year ended 30 June 2023
5
Tangible fixed assets
Land & buildings 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 July 2022
820,000 
205,965 
37,431 
1,063,396 
Additions
- 
179,672 
- 
179,672 
Disposals
- 
(49,813)
- 
(49,813)
At 30 June 2023
820,000 
335,824 
37,431 
1,193,255 
Depreciation
At 1 July 2022
- 
104,728 
33,469 
138,197 
Charge for the year
- 
39,113 
1,977 
41,090 
On disposals
- 
(34,186)
- 
(34,186)
At 30 June 2023
- 
109,655 
35,446 
145,101 
Net book value
At 30 June 2023
820,000 
226,169 
1,985 
1,048,154 
At 30 June 2022
820,000 
101,237 
3,962 
925,199 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
446,387 
460,671 
Other debtors
25,384 
600 
471,771 
461,271 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
142,627 
129,432 
Taxes and social security
351,878 
280,522 
Other creditors
12,977 
290,835 
507,482 
700,789 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
64,819 
126,675 
9
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
10
Average number of employees
During the year the average number of employees was 18 (2022: 18).
- 6 -