3DM Leisure Limited
for the
Year Ended 31 December 2022
Registration number:
3DM Leisure Limited
Contents
Page
Company Information |
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Abridged Balance Sheet |
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Notes to the Unaudited Abridged Financial Statements |
3DM Leisure Limited
Company Information
Directors |
M C Price R L Price |
Registered office |
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Accountants |
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3DM Leisure Limited
(Registration number: 08369086)
Abridged Balance Sheet as at 31 December 2022
Note |
2022 |
2021 |
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Fixed assets |
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Tangible assets |
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Current assets |
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Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current assets |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
( |
( |
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Accruals and deferred income |
( |
( |
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Net assets |
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Capital and reserves |
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Called up share capital |
100 |
100 |
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Retained earnings |
194,023 |
137,808 |
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Shareholders' funds |
194,123 |
137,908 |
For the financial year ending 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
• |
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial accounts have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.
Approved and authorised by the
......................................... |
3DM Leisure Limited
Notes to the Unaudited Abridged Financial Accounts for the
Year Ended 31 December 2022
General information |
The company is a private company limited by share capital, incorporated in England and Wales. The company's registration number is 08369086 and the registered office address is Stanmore House, 64-68 Blackburn Street, Radcliffe, Manchester, M26 2JS.
These financial statements were authorised for issue by the
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial accounts are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These abridged financial accounts have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Revenue recognition
Turnover represents the invoiced value of goods and services, net of Value Added Tax.
Tangible assets
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
Asset class |
Depreciation method and rate |
Fixtures, fittings and equipment |
25% straight line method |
Stocks
Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion, and selling costs.
Defined contribution pension obligation
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
3DM Leisure Limited
Notes to the Unaudited Abridged Financial Accounts for the
Year Ended 31 December 2022
Tangible assets |
Total |
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Cost or valuation |
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At 1 January 2022 |
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Additions |
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Disposals |
( |
At 31 December 2022 |
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Depreciation |
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At 1 January 2022 |
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Charge for the year |
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Eliminated on disposal |
( |
At 31 December 2022 |
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Carrying amount |
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At 31 December 2022 |
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At 31 December 2021 |
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Share capital |
Allotted, called up and fully paid shares
2022 |
2021 |
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No. |
£ |
No. |
£ |
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100 |
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100 |
Financial commitments, guarantees and contingencies |
Amounts disclosed in the balance sheet
Included in the balance sheet are employer pension contributions paid after date of £428 (2021 - £327).
Related party transactions |
The directors have a joint loan account with the company which was overdrawn by £81,113 at the year end (2021 - £38,790). The loan account was overdrawn to a maximum of £89,131 in the year (2021 - £199,352). During the year the company made total advances to the directors of £81,932 and received credits of £41,040. Interest at a commercial rate has been charged on this loan which is repayable on demand.
Transition to FRS 102 |
There have been no reclassifications or remeasurements of any of the figures at 31 December 2020 or 2021 and therefore the figures are as originally reported.