Derby Bed Centre Limited |
Registered number: |
04264320 |
Balance Sheet |
as at 31 August 2023 |
|
Notes |
|
|
2023 |
|
|
2022 |
£ |
£ |
Fixed assets |
Tangible assets |
3 |
|
|
1,666 |
|
|
2,048 |
|
Current assets |
Stocks |
|
|
14,133 |
|
|
20,757 |
Debtors |
4 |
|
33,313 |
|
|
30,601 |
Cash at bank and in hand |
|
|
5,970 |
|
|
7,748 |
|
|
|
53,416 |
|
|
59,106 |
|
Creditors: amounts falling due within one year |
5 |
|
(30,292) |
|
|
(36,984) |
|
Net current assets |
|
|
|
23,124 |
|
|
22,122 |
|
Total assets less current liabilities |
|
|
|
24,790 |
|
|
24,170 |
|
Creditors: amounts falling due after more than one year |
6 |
|
|
(24,689) |
|
|
(23,918) |
|
|
|
Net assets |
|
|
|
101 |
|
|
252 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
101 |
|
|
101 |
Profit and loss account |
|
|
|
- |
|
|
151 |
|
Shareholder's funds |
|
|
|
101 |
|
|
252 |
|
|
|
|
|
|
|
|
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
S Johnson |
Director |
Approved by the board on 28 February 2024 |
|
Derby Bed Centre Limited |
Notes to the Accounts |
for the year ended 31 August 2023 |
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Computer equipment |
over 3 years |
|
Fixtures, fittings, tools and equipment |
15% on reducing balance |
|
|
Stocks |
|
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. |
|
|
Grants |
|
Revenue grants are recognised in the profit and loss account so as to match them with expenditure towards which they are intended to contribute. |
|
|
2 |
Employees |
2023 |
|
2022 |
Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Equipment and fixtures |
£ |
|
Cost |
|
At 1 September 2022 |
10,456 |
|
At 31 August 2023 |
10,456 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 September 2022 |
8,408 |
|
Charge for the year |
382 |
|
At 31 August 2023 |
8,790 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 August 2023 |
1,666 |
|
At 31 August 2022 |
2,048 |
|
|
4 |
Debtors |
2023 |
|
2022 |
£ |
£ |
|
|
Trade debtors |
2,149 |
|
637 |
|
Directors loan account |
31,164 |
|
29,964 |
|
|
|
|
|
|
33,313 |
|
30,601 |
|
|
|
|
|
|
|
|
|
|
5 |
Creditors: amounts falling due within one year |
2023 |
|
2022 |
£ |
£ |
|
|
Bank loans and overdrafts |
3,498 |
|
3,498 |
|
Corporation tax |
5,829 |
|
1,082 |
|
Trade creditors |
18,047 |
|
16,502 |
|
Taxation and social security costs |
34 |
|
10,601 |
|
Other creditors |
2,884 |
|
5,301 |
|
|
|
|
|
|
30,292 |
|
36,984 |
|
|
|
|
|
|
|
|
|
|
6 |
Creditors: amounts falling due after one year |
2023 |
|
2022 |
£ |
£ |
|
|
Bank loans |
24,689 |
|
23,918 |
|
|
|
|
|
|
|
|
|
|
7 |
Other information |
|
|
Derby Bed Centre Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
279 Nottingham Road |
|
Derby |
|
Derbyshire |
|
DE21 6FP |