Registered number: 10066953 | ||||||||
FOR THE YEAR ENDED 31/03/2023 | ||||||||
Prepared By: | ||||||||
CBS Accountants Ltd | ||||||||
Chartered Accountants | ||||||||
Unit 17, Orbital 25 Business Park | ||||||||
Dwight Road | ||||||||
Watford | ||||||||
Hertfordshire | ||||||||
WD18 9DA |
Davids & Dawood Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/03/2023 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 10066953 | ||||||||
ACCOUNTANTS | ||||||||
CBS Accountants Ltd | ||||||||
Chartered Accountants | ||||||||
Unit 17, Orbital 25 Business Park | ||||||||
Dwight Road | ||||||||
Watford | ||||||||
Hertfordshire | ||||||||
WD18 9DA |
Davids & Dawood Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31/03/2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 |
Davids & Dawood Ltd | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Cash at bank and in hand | ||||||||||
5,830 | 19,694 | |||||||||
CREDITORS: Amounts falling due within one year | 5 | |||||||||
NET CURRENT LIABILITIES | ( | (180,827) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 6 | 418,137 | 418,137 | |||||||
NET LIABILITIES | ( | ( | ||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 7 | |||||||||
Profit and loss account | (5,938) | (4,064) | ||||||||
SHAREHOLDERS' FUNDS | ( | ( | ||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Davids & Dawood Ltd | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/03/2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Investment Properties | ||||||||
Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. | ||||||||
Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in the profit and loss account. |
1c. Financial Instruments | ||||||||
Basic financial instruments are recognized at amortised cost using the effective interest method. | ||||||||
Other financial instruments are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognized in profit or loss. |
2. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | - | |||||
3. TANGIBLE FIXED ASSETS |
Cost |
At 31/03/2023 |
Depreciation |
At 31/03/2023 |
Net Book Amounts |
At 31/03/2023 |
Davids & Dawood Ltd | ||||||||
4. INVESTMENT PROPERTIES | ||||||||
Investment | ||||||||
Properties | Total | |||||||
£ | £ | |||||||
Fair value | ||||||||
At 01/04/2022 | 595,000 | 595,000 | ||||||
At 31/03/2023 | 595,000 | 595,000 | ||||||
Investment property comprises of a freehold residential property that is let. The fair value of the investment property is included at directors valuation. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties. | ||||||||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
UK corporation tax | 141 | 1,091 | ||||||
M F Davids | 93,775 | 99,715 | ||||||
Z N Davids | 93,715 | 99,715 | ||||||
Accruals | 900 | - | ||||||
188,531 | 200,521 | |||||||
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Bank loans (secured) >1yr | 418,137 | 418,137 | ||||||
418,137 | 418,137 | |||||||
7. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
70 | 70 | |||||||
30 | 30 | |||||||
100 | 100 | |||||||
Davids & Dawood Ltd | ||||||||
8. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
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