1 April 2023 false Taxfiler 2024.1 11171538business:PrivateLimitedCompanyLtd2023-04-012024-03-31 111715382023-03-31 111715382023-04-012024-03-31 11171538business:AuditExemptWithAccountantsReport2023-04-012024-03-31 11171538business:FilletedAccounts2023-04-012024-03-31 111715382024-03-31 11171538business:Director12023-04-012024-03-31 11171538business:RegisteredOffice2023-04-012024-03-31 111715382023-03-31 11171538core:WithinOneYear2024-03-31 11171538core:WithinOneYear2023-03-31 11171538core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 11171538core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 11171538core:PreviouslyStatedAmount2024-03-31 11171538core:PreviouslyStatedAmount2023-03-31 11171538business:SmallEntities2023-04-012024-03-31 11171538countries:EnglandWales2023-04-012024-03-31 11171538core:ComputerEquipment2023-03-31 11171538core:ComputerEquipment2023-04-012024-03-31 11171538core:ComputerEquipment2024-03-31 111715382022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 11171538 (England and Wales)
DBVFX Limited Unaudited accounts for the year ended 31 March 2024
DBVFX Limited Unaudited accounts Contents
Page
- 2 -
DBVFX Limited Company Information for the year ended 31 March 2024
Director
James Douglas Brown
Company Number
11171538 (England and Wales)
Registered Office
7 Hogarth Road Leicester LE4 2SA
Accountants
Linda Kimberley-Brooks 73 Leicester Road Thurcaston Leicester LE7 7JH
- 3 -
DBVFX Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
8,048 
10,571 
Current assets
Debtors
13,130 
238 
Cash at bank and in hand
37,077 
32,677 
50,207 
32,915 
Creditors: amounts falling due within one year
(8,823)
(5,597)
Net current assets
41,384 
27,318 
Net assets
49,432 
37,889 
Capital and reserves
Profit and loss account
49,432 
37,889 
Shareholders' funds
49,432 
37,889 
For the year ending 31 March 2024 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 director acknowledges his 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 and authorised for issue on 16 April 2024 and were signed on its behalf by
James Douglas Brown Director Company Registration No. 11171538
- 4 -
DBVFX Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
DBVFX Limited is a private company, limited by shares, registered in England and Wales, registration number 11171538. The registered office is 7 Hogarth Road, Leicester, LE4 2SA.
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 accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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: 25% reducing balance
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2023
20,563 
Additions
160 
At 31 March 2024
20,723 
Depreciation
At 1 April 2023
9,992 
Charge for the year
2,683 
At 31 March 2024
12,675 
Net book value
At 31 March 2024
8,048 
At 31 March 2023
10,571 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
13,117 
- 
Accrued income and prepayments
13 
238 
13,130 
238 
- 5 -
DBVFX Limited Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
6,883 
5,011 
Loans from directors
386 
94 
Accruals
1,554 
492 
8,823 
5,597 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 6 -