Caseware UK (AP4) 2023.0.135 2023.0.135 2023-10-312023-10-3122provision of auxillary pilot services2022-11-01truefalsetrue 12254068 2022-11-01 2023-10-31 12254068 2021-11-01 2022-10-31 12254068 2023-10-31 12254068 2022-10-31 12254068 c:Director1 2022-11-01 2023-10-31 12254068 d:CurrentFinancialInstruments 2023-10-31 12254068 d:CurrentFinancialInstruments 2022-10-31 12254068 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 12254068 d:CurrentFinancialInstruments d:WithinOneYear 2022-10-31 12254068 d:ShareCapital 2023-10-31 12254068 d:ShareCapital 2022-10-31 12254068 d:RetainedEarningsAccumulatedLosses 2023-10-31 12254068 d:RetainedEarningsAccumulatedLosses 2022-10-31 12254068 c:EntityHasNeverTraded 2022-11-01 2023-10-31 12254068 c:FRS102 2022-11-01 2023-10-31 12254068 c:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 12254068 c:FullAccounts 2022-11-01 2023-10-31 12254068 c:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 iso4217:GBP xbrli:pure
Registered number: 12254068






THE DUSTY ANGEL COMPANY LTD
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023










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THE DUSTY ANGEL COMPANY LTD
REGISTERED NUMBER:12254068

BALANCE SHEET
AS AT 31 OCTOBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 3 
105
105

Cash at bank and in hand
 4 
379
379

  
484
484

Creditors: amounts falling due within one year
 5 
(1,676)
(1,058)

Net current liabilities
  
 
 
(1,192)
 
 
(574)

Total assets less current liabilities
  
(1,192)
(574)

  

Net liabilities
  
(1,192)
(574)


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
(1,194)
(576)

  
(1,192)
(574)


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THE DUSTY ANGEL COMPANY LTD
REGISTERED NUMBER:12254068
    
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2023

For the year ended 31 October 2023 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




David Miller
Director

Date: 4 March 2024

Page 2

 
THE DUSTY ANGEL COMPANY LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1.


General information

The Dusty Angel Company Limited is a private company limited by shares, incorporated in England and Wales. Its registered office is 31 The Squires, Pease Pottage, Crawley, East Sussex, RH11 9BU.
The principal activity of the company is the provision of auxillary piloting services, and the company has not traded during the year.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

 
2.2

Going concern

Despite having net liabilities, the company continues to operate as a going concern due to the support of the directors.

 
2.3

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.4

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.5

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are
Page 3

 
THE DUSTY ANGEL COMPANY LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

2.Accounting policies (continued)


2.5
Financial instruments (continued)

initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Page 4

 
THE DUSTY ANGEL COMPANY LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

3.


Debtors

2023
2022
£
£


Other debtors
105
105

105
105



4.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
379
379

379
379



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
1,202
728

Accruals and deferred income
474
330

1,676
1,058


 
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