DW SURFACE SPECIALISTS LIMITED |
Registered Number:11159303 |
For the period ended 31 March 2023
England and Wales
Unaudited Financial Statements
For the period ended 31 March 2023
DW SURFACE SPECIALISTS LIMITED
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
DW SURFACE SPECIALISTS LIMITED
Statement of Financial Position
2022
2023
Property, plant and equipment |
32,573
39,030
2
32,573
39,030
Trade and other receivables |
21,310
46,246
3
13,389
Cash and cash equivalents |
14,082
60,328
34,699
Trade and other payables: amounts falling due within one |
year |
(35,533)
(63,880)
4
(834)
(3,552)
Net current liabilities
Total assets less current liabilities |
29,021
38,196
Trade and other payables: amounts falling due after more |
than one year |
(40,918)
(32,556)
5
(3,535)
Net liabilities
(2,722)
1
1
(3,536)
(2,723)
(3,535)
(2,722)
Shareholders' funds
For the period ended 31 March 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 of its financial statements for the period ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 07 March 2024 and were signed by: |
The notes form part of these financial statements |
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For the period ended 31 March 2023
DW SURFACE SPECIALISTS LIMITED
Notes to the Financial Statements
Statutory Information
DW SURFACE SPECIALISTS LIMITED is a private limited company, limited by shares, domiciled in England and |
Wales, registration number 11159303. |
33 Tapley Road
Chelmsford
Essex
CM1 4XY
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Computer Equipment
Motor Vehicles
2. Property, plant and equipment |
Motor Vehicles
43,769
567
35,072
8,130
1,292
1,292
-
-
8,130
35,072
1,859
45,061
Provision for depreciation and impairment |
4,739
204
2,684
1,851
Charge for period
7,749
330
6,477
942
12,488
534
9,161
2,793
5,337
25,911
1,325
32,573
6,279
32,388
363
39,030
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For the period ended 31 March 2023
DW SURFACE SPECIALISTS LIMITED
Notes to the Financial Statements Continued
3. Trade and other receivables |
2022
2023
46,246
21,310
4. Trade and other payables: amounts falling due within one year |
2022
2023
Taxation and social security |
62,130
33,133
1,750
2,400
63,880
35,533
5. Trade and other payables: amounts falling due after more than one year |
2022
2023
14,429
18,143
18,127
22,775
32,556
40,918
6. Related party transactions |
The company is controlled by the Director who holds 100% of the voting rights of the company. |
During the period the Director was paid interim dividends on the sum of £45,000 (2022: £48,000). |
7. Directors advances and guarantees |
Loaned
Repaid
Dylan Watkins
Director Interest free loan advance |
37,464
19,272
37,464
19,272
37,464
19,272
37,464
19,272
8. Average number of persons employed |
During the year the average number of employees was 2 (2022 : 2)
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