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Company Registration No. 08081122 (England and Wales)
DIL AND THE BEAR LIMITED Unaudited accounts for the year ended 31 July 2023
DIL AND THE BEAR LIMITED Unaudited accounts Contents
Page
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DIL AND THE BEAR LIMITED Company Information for the year ended 31 July 2023
Directors
Dilaila GALBRAITH Graeme Clarke
Company Number
08081122 (England and Wales)
Registered Office
18 FRONT STREET TYNEMOUTH NORTH SHIELDS NE30 4DX UNITED KINGDOM
Accountants
Dockwray Ltd 100 Howard Street North Shields NE30 1NA
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DIL AND THE BEAR LIMITED Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
95,669 
110,621 
Current assets
Inventories
5,000 
- 
Debtors
10,810 
(785)
Cash at bank and in hand
23,412 
71,954 
39,222 
71,169 
Creditors: amounts falling due within one year
(54,759)
(62,326)
Net current (liabilities)/assets
(15,537)
8,843 
Total assets less current liabilities
80,132 
119,464 
Creditors: amounts falling due after more than one year
(130,053)
(167,213)
Net liabilities
(49,921)
(47,749)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(50,021)
(47,849)
Shareholders' funds
(49,921)
(47,749)
For the year ending 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 23 May 2024 and were signed on its behalf by
Dilaila GALBRAITH Director Company Registration No. 08081122
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DIL AND THE BEAR LIMITED Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
DIL AND THE BEAR LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08081122. The registered office is 18 FRONT STREET, TYNEMOUTH, NORTH SHIELDS, NE30 4DX, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity. Monetary amounts in these financial statements are rounded to the nearest £.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% straight line
Motor vehicles
25% straight line
Computer equipment
25% straight line
Other tangible fixed assets
Leasehold improvements 4%
Going concern
The financial statements have been prepared on the going concern basis.In choosing this basis, the director has assessed the impact of Covid-19 and the financial assistance received. Covid-19 support During the year the company received Covid-19 support in the form of Local Authority Grants and HM Revenue & Customs CJRS Grants. Covid-19 support grants are recognised at the fair value of the grant receivable using the accrual model. Under the accrual model, the grant shall be recognised as income on a systematic basis over the period in which the entity recognises the costs for which the grant is intended to compensate.
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DIL AND THE BEAR LIMITED Notes to the Accounts for the year ended 31 July 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 August 2022
169,850 
1,900 
15,156 
2,731 
189,637 
Additions
3,856 
- 
- 
- 
3,856 
Disposals
- 
(395)
- 
- 
(395)
At 31 July 2023
173,706 
1,505 
15,156 
2,731 
193,098 
Depreciation
At 1 August 2022
70,723 
1,505 
4,877 
1,911 
79,016 
Charge for the year
17,387 
- 
606 
420 
18,413 
At 31 July 2023
88,110 
1,505 
5,483 
2,331 
97,429 
Net book value
At 31 July 2023
85,596 
- 
9,673 
400 
95,669 
At 31 July 2022
99,127 
395 
10,279 
820 
110,621 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
10,810 
(785)
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
21,555 
19,106 
Trade creditors
16,068 
11,422 
Taxes and social security
3,479 
(8,773)
Other creditors
15 
6,929 
Loans from directors
13,642 
33,642 
54,759 
62,326 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
33,140 
43,788 
Loans from directors
96,913 
123,425 
130,053 
167,213 
8
Average number of employees
During the year the average number of employees was 20 (2022: 20).
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