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REGISTERED NUMBER: 09806320 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

DB Freezer Services Limited

DB Freezer Services Limited (Registered number: 09806320)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


DB Freezer Services Limited

Company Information
for the Year Ended 31 October 2023







DIRECTORS: D Blackford
Mrs H Lewis-Blackford





REGISTERED OFFICE: 30 Gretton Street
Barleythorpe
Oakham
Rutland
LE157UU





REGISTERED NUMBER: 09806320 (England and Wales)





ACCOUNTANTS: CKBSS Ltd
61A South Street
Oakham
Rutland
LE156BG

DB Freezer Services Limited (Registered number: 09806320)

Statement of Financial Position
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10,881 12,927

CURRENT ASSETS
Stocks 8,000 5,000
Debtors 5 131,965 69,819
Cash at bank and in hand 97,444 90,871
237,409 165,690
CREDITORS
Amounts falling due within one year 6 108,066 71,070
NET CURRENT ASSETS 129,343 94,620
TOTAL ASSETS LESS CURRENT
LIABILITIES

140,224

107,547

PROVISIONS FOR LIABILITIES 2,067 2,456
NET ASSETS 138,157 105,091

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 138,057 104,991
138,157 105,091

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 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.

DB Freezer Services Limited (Registered number: 09806320)

Statement of Financial Position - continued
31 October 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 March 2024 and were signed on its behalf by:





D Blackford - Director


DB Freezer Services Limited (Registered number: 09806320)

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

1. STATUTORY INFORMATION

DB Freezer Services 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 25% on cost

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 Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

DB Freezer Services Limited (Registered number: 09806320)

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

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 November 2022 2,077 4,517 28,569 645 35,808
Additions 250 - - 640 890
At 31 October 2023 2,327 4,517 28,569 1,285 36,698
DEPRECIATION
At 1 November 2022 1,006 2,644 18,709 522 22,881
Charge for year 307 374 1,972 283 2,936
At 31 October 2023 1,313 3,018 20,681 805 25,817
NET BOOK VALUE
At 31 October 2023 1,014 1,499 7,888 480 10,881
At 31 October 2022 1,071 1,873 9,860 123 12,927

DB Freezer Services Limited (Registered number: 09806320)

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

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 November 2022
and 31 October 2023 16,074
DEPRECIATION
At 1 November 2022 9,490
Charge for year 1,317
At 31 October 2023 10,807
NET BOOK VALUE
At 31 October 2023 5,267
At 31 October 2022 6,584

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 129,483 52,161
Other debtors 2,482 17,658
131,965 69,819

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Hire purchase contracts - 4,068
Trade creditors 39,929 19,541
Taxation and social security 54,528 40,303
Other creditors 13,609 7,158
108,066 71,070