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REGISTERED NUMBER: 09935080 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

DECISION POINT 1 LTD

DECISION POINT 1 LTD (REGISTERED NUMBER: 09935080)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DECISION POINT 1 LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: P D FitzGerald





SECRETARY: P D FitzGerald





REGISTERED OFFICE: 50 Lowther Road
Brighton
BN1 6LH





REGISTERED NUMBER: 09935080 (England and Wales)





ACCOUNTANTS: P B Syddall & Co
Chartered Accountants
Grafton House
81 Chorley Old Road
Bolton
Lancashire
BL1 3AJ

DECISION POINT 1 LTD (REGISTERED NUMBER: 09935080)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 5,138 6,045

CURRENT ASSETS
Debtors 6 1,275 84,723
Cash at bank 97,669 6,738
98,944 91,461
CREDITORS
Amounts falling due within one year 7 39,426 29,162
NET CURRENT ASSETS 59,518 62,299
TOTAL ASSETS LESS CURRENT
LIABILITIES

64,656

68,344

PROVISIONS FOR LIABILITIES 976 1,149
NET ASSETS 63,680 67,195

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 63,580 67,095
SHAREHOLDERS' FUNDS 63,680 67,195

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

DECISION POINT 1 LTD (REGISTERED NUMBER: 09935080)

BALANCE SHEET - continued
31 DECEMBER 2023


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 March 2024 and were signed by:





P D FitzGerald - Director


DECISION POINT 1 LTD (REGISTERED NUMBER: 09935080)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Decision Point 1 Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
The financial statements have been prepared under the historical cost convention.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 25% on reducing balance

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 2 ) .

DECISION POINT 1 LTD (REGISTERED NUMBER: 09935080)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

5. TANGIBLE FIXED ASSETS
Office
equipment
£   
COST
At 1 January 2023
and 31 December 2023 10,236
DEPRECIATION
At 1 January 2023 4,191
Charge for year 907
At 31 December 2023 5,098
NET BOOK VALUE
At 31 December 2023 5,138
At 31 December 2022 6,045

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 28,511
Other debtors - 52,816
VAT 488 446
Prepayments 787 2,950
1,275 84,723

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 879 2,955
Tax (652 ) 1,291
Other creditors 542 864
Directors current account 37,632 23,052
Accrued expenses 1,025 1,000
39,426 29,162

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

2023 2022
£    £   
P D FitzGerald
Balance outstanding at start of year - 19,100
Amounts repaid - (19,100 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

DECISION POINT 1 LTD (REGISTERED NUMBER: 09935080)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is P D FitzGerald.