REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 30 March 2023 |
for |
DPH Robotics Ltd |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 30 March 2023 |
for |
DPH Robotics Ltd |
DPH Robotics Ltd (Registered number: 08911117) |
Contents of the Financial Statements |
for the Year Ended 30 March 2023 |
Page |
Company Information | 1 |
Chartered Certified Accountants' Report | 2 |
Statement of Financial Position | 3 |
Notes to the Financial Statements | 5 |
DPH Robotics Ltd |
Company Information |
for the Year Ended 30 March 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
5 Moor Street |
Worcester |
Worcestershire |
WR1 3DB |
Chartered Certified Accountants' Report to the Board of Directors |
on the Unaudited Financial Statements of |
DPH Robotics Ltd |
The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of DPH Robotics Ltd for the year ended 30 March 2023 which comprise the Statement of Income and Retained Earnings, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us. |
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook. |
This report is made solely to the Board of Directors of DPH Robotics Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of DPH Robotics Ltd and state those matters that we have agreed to state to the Board of Directors of DPH Robotics Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report. |
It is your duty to ensure that DPH Robotics Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of DPH Robotics Ltd. You consider that DPH Robotics Ltd is exempt from the statutory audit requirement for the year. |
We have not been instructed to carry out an audit or a review of the financial statements of DPH Robotics Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
5 Moor Street |
Worcester |
Worcestershire |
WR1 3DB |
DPH Robotics Ltd (Registered number: 08911117) |
Statement of Financial Position |
30 March 2023 |
30.3.23 | 30.3.22 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 5 |
Investments | 6 |
CURRENT ASSETS |
Debtors | 7 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 8 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
9 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
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. |
DPH Robotics Ltd (Registered number: 08911117) |
Statement of Financial Position - continued |
30 March 2023 |
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 |
DPH Robotics Ltd (Registered number: 08911117) |
Notes to the Financial Statements |
for the Year Ended 30 March 2023 |
1. | STATUTORY INFORMATION |
DPH Robotics Ltd is a |
2. | STATEMENT OF COMPLIANCE |
3. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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 |
Office Equipment | - |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
Business combinations |
Business combinations are accounted for using the purchase method. The consideration for each |
acquisition is measured at the aggregate of the fair values at acquisition date of assets given, |
liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of |
the acquired, plus any costs directly attributable to the business combination. When a business |
combination agreement provides for an adjustment to the cost of the combination contingent on |
future events, the group includes the estimated amount of that adjustment in the cost of the |
combination at the acquisition date if the adjustment is probable and can be measured reliably. |
Investments |
Investments in equity shares which are publicly traded or where the fair value can be measured |
reliably are initially measured at fair value, with changes in fair value recognized in profit or loss. |
Investments in equity shares which are not publicly traded and where fair value cannot be measured |
reliably are measured at cost less impairment. |
Interest income on debt securities, where applicable, is recognized in income using the effective |
interest method. Dividends on equity securities are recognized in income when receivable. |
4. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
DPH Robotics Ltd (Registered number: 08911117) |
Notes to the Financial Statements - continued |
for the Year Ended 30 March 2023 |
5. | TANGIBLE FIXED ASSETS |
Office |
Equipment |
£ |
COST |
At 31 March 2022 |
Additions |
At 30 March 2023 |
DEPRECIATION |
At 31 March 2022 |
Charge for year |
At 30 March 2023 |
NET BOOK VALUE |
At 30 March 2023 |
At 30 March 2022 |
6. | FIXED ASSET INVESTMENTS |
Investments (neither listed nor unlisted) were as follows: |
30.3.23 | 30.3.22 |
£ | £ |
Investment in JVs additions | 50 | 50 |
7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.3.23 | 30.3.22 |
£ | £ |
Other debtors |
Directors' current accounts | - | 13,500 |
8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.3.23 | 30.3.22 |
£ | £ |
Bank loans and overdrafts |
Tax |
Other creditors |
Directors' current accounts | 720 | 9,059 |
Accruals and deferred income |
DPH Robotics Ltd (Registered number: 08911117) |
Notes to the Financial Statements - continued |
for the Year Ended 30 March 2023 |
9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
30.3.23 | 30.3.22 |
£ | £ |
Bank loans - 1-2 years |
Bank loans - 2-5 years |
Bank loans more 5 yr by instal |
Amounts falling due in more than five years: |
Repayable by instalments |
Bank loans more 5 yr by instal | - | 1,220 |