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REGISTERED NUMBER: 08502896 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

D J Pape & Associates (Nw) Limited

D J Pape & Associates (Nw) Limited (Registered number: 08502896)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Income Statement 2

Balance Sheet 3

Statement of Changes in Equity 4

Notes to the Financial Statements 5

Report of the Accountants 8

D J Pape & Associates (Nw) Limited

Company Information
for the Year Ended 31 October 2023







DIRECTOR: Miss P Pape





SECRETARY:





REGISTERED OFFICE: 13 High Street East
Glossop
Derbyshire
SK13 8DA





REGISTERED NUMBER: 08502896 (England and Wales)





ACCOUNTANTS: DJ Pape & Associates (NW) Ltd
13 High Street East
Glossop
Derbyshire
SK13 8DA

D J Pape & Associates (Nw) Limited (Registered number: 08502896)

Income Statement
for the Year Ended 31 October 2023

31.10.23 31.10.22
Notes £    £   

TURNOVER 711,145 490,985

Cost of sales 7,750 10,555
GROSS PROFIT 703,395 480,430

Administrative expenses 438,156 185,292
265,239 295,138

Other operating income 14,820 14,035
OPERATING PROFIT 4 280,059 309,173

Interest receivable and similar income 5,265 3,334
285,324 312,507

Interest payable and similar expenses 49,667 21,361
PROFIT BEFORE TAXATION 235,657 291,146

Tax on profit 60,967 55,819
PROFIT FOR THE FINANCIAL YEAR 174,690 235,327

D J Pape & Associates (Nw) Limited (Registered number: 08502896)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 592,578 559,876
Tangible assets 6 214,550 215,668
807,128 775,544

CURRENT ASSETS
Debtors 7 1,171,500 1,295,315
Cash at bank and in hand 75,042 25,028
1,246,542 1,320,343
CREDITORS
Amounts falling due within one year 8 687,120 617,143
NET CURRENT ASSETS 559,422 703,200
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,366,550

1,478,744

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,366,450 1,478,644
SHAREHOLDERS' FUNDS 1,366,550 1,478,744

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

The financial statements were approved by the director and authorised for issue on 2 December 2023 and were signed by:





Miss P Pape - Director


D J Pape & Associates (Nw) Limited (Registered number: 08502896)

Statement of Changes in Equity
for the Year Ended 31 October 2023

Called up
share Retained Total
capital earnings equity
£    £    £   

Balance at 1 November 2021 100 1,399,484 1,399,584

Changes in equity
Dividends - (156,167 ) (156,167 )
Total comprehensive income - 235,327 235,327
Balance at 31 October 2022 100 1,478,644 1,478,744

Changes in equity
Dividends - (286,884 ) (286,884 )
Total comprehensive income - 174,690 174,690
Balance at 31 October 2023 100 1,366,450 1,366,550

D J Pape & Associates (Nw) Limited (Registered number: 08502896)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

D J Pape & Associates (Nw) 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.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

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.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

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.

D J Pape & Associates (Nw) Limited (Registered number: 08502896)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

3. EMPLOYEES AND DIRECTORS

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

4. OPERATING PROFIT

The operating profit is stated after charging:

31.10.23 31.10.22
£    £   
Depreciation - owned assets 1,351 1,632
Goodwill amortisation 35,396 27,000

5. INTANGIBLE FIXED ASSETS
Patents
and
Goodwill licences Totals
£    £    £   
COST
At 1 November 2022 657,712 - 657,712
Additions 67,928 170 68,098
At 31 October 2023 725,640 170 725,810
AMORTISATION
At 1 November 2022 97,836 - 97,836
Amortisation for year 35,396 - 35,396
At 31 October 2023 133,232 - 133,232
NET BOOK VALUE
At 31 October 2023 592,408 170 592,578
At 31 October 2022 559,876 - 559,876

6. TANGIBLE FIXED ASSETS
Improvements Fixtures
Freehold to and Computer
property property fittings equipment Totals
£    £    £    £    £   
COST
At 1 November 2022 195,900 13,243 16,096 10,582 235,821
Additions - - 233 - 233
At 31 October 2023 195,900 13,243 16,329 10,582 236,054
DEPRECIATION
At 1 November 2022 - - 12,176 7,977 20,153
Charge for year - - 830 521 1,351
At 31 October 2023 - - 13,006 8,498 21,504
NET BOOK VALUE
At 31 October 2023 195,900 13,243 3,323 2,084 214,550
At 31 October 2022 195,900 13,243 3,920 2,605 215,668

D J Pape & Associates (Nw) Limited (Registered number: 08502896)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 28,870 76,092
Other debtors 1,142,630 1,219,223
1,171,500 1,295,315

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans and overdrafts 5,916 5,190
Trade creditors 7,545 1,687
Taxation and social security 275,066 278,038
Other creditors 398,593 332,228
687,120 617,143

D J Pape & Associates (Nw) Limited

Report of the Accountants to the Director of
D J Pape & Associates (Nw) Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 October 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






DJ Pape & Associates (NW) Ltd
13 High Street East
Glossop
Derbyshire
SK13 8DA


Date: .............................................