IRIS Accounts Production v24.1.9.2 05052043 director 1.11.22 31.10.23 31.10.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh050520432022-10-31050520432023-10-31050520432022-11-012023-10-31050520432021-10-31050520432021-11-012022-10-31050520432022-10-3105052043ns15:EnglandWales2022-11-012023-10-3105052043ns14:PoundSterling2022-11-012023-10-3105052043ns10:Director12022-11-012023-10-3105052043ns10:PrivateLimitedCompanyLtd2022-11-012023-10-3105052043ns10:SmallEntities2022-11-012023-10-3105052043ns10:AuditExempt-NoAccountantsReport2022-11-012023-10-3105052043ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3105052043ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-3105052043ns10:FullAccounts2022-11-012023-10-3105052043ns10:CompanySecretary12022-11-012023-10-3105052043ns10:RegisteredOffice2022-11-012023-10-3105052043ns5:CurrentFinancialInstruments2023-10-3105052043ns5:CurrentFinancialInstruments2022-10-3105052043ns5:ShareCapital2023-10-3105052043ns5:ShareCapital2022-10-3105052043ns5:RetainedEarningsAccumulatedLosses2023-10-3105052043ns5:RetainedEarningsAccumulatedLosses2022-10-3105052043ns5:PlantMachinery2022-11-012023-10-3105052043ns5:PlantMachinery2022-10-3105052043ns5:ComputerEquipment2022-10-3105052043ns5:ComputerEquipment2022-11-012023-10-3105052043ns5:PlantMachinery2023-10-3105052043ns5:ComputerEquipment2023-10-3105052043ns5:PlantMachinery2022-10-3105052043ns5:ComputerEquipment2022-10-3105052043ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-3105052043ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-31
REGISTERED NUMBER: 05052043 (England and Wales)













Financial Statements

for the Year Ended 31 October 2023

for

Dewars Fork Trucks Limited

Dewars Fork Trucks Limited (Registered number: 05052043)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Dewars Fork Trucks Limited

Company Information
for the Year Ended 31 October 2023







DIRECTOR: W Dewar





SECRETARY: Mrs D F Dewar





REGISTERED OFFICE: Wren House
68 London Road
St Albans
Hertfordshire
AL1 1NG





REGISTERED NUMBER: 05052043 (England and Wales)





ACCOUNTANTS: Roy Pinnock & Co LLP
Chartered Certified Accountants
Wren House
68 London Road
St Albans
Hertfordshire
AL1 1NG

Dewars Fork Trucks Limited (Registered number: 05052043)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 129,707 143,628

CURRENT ASSETS
Stocks 9,449 9,449
Debtors 5 110,714 129,758
Cash at bank 22,147 23,480
142,310 162,687
CREDITORS
Amounts falling due within one year 6 133,352 141,656
NET CURRENT ASSETS 8,958 21,031
TOTAL ASSETS LESS CURRENT
LIABILITIES

138,665

164,659

PROVISIONS FOR LIABILITIES 26,582 27,289
NET ASSETS 112,083 137,370

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 111,983 137,270
SHAREHOLDERS' FUNDS 112,083 137,370

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

Dewars Fork Trucks Limited (Registered number: 05052043)

Balance Sheet - continued
31 October 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 12 July 2024 and were signed by:





W Dewar - Director


Dewars Fork Trucks Limited (Registered number: 05052043)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

Dewars Fork Trucks Limited 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. 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.
Plant and machinery etc - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Dewars Fork Trucks Limited (Registered number: 05052043)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

2. ACCOUNTING POLICIES - continued

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 6 ) .

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 November 2022 434,789 2,714 437,503
Additions 18,659 - 18,659
At 31 October 2023 453,448 2,714 456,162
DEPRECIATION
At 1 November 2022 292,084 1,791 293,875
Charge for year 32,273 307 32,580
At 31 October 2023 324,357 2,098 326,455
NET BOOK VALUE
At 31 October 2023 129,091 616 129,707
At 31 October 2022 142,705 923 143,628

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 100,936 120,599
Other debtors 9,778 9,159
110,714 129,758

Dewars Fork Trucks Limited (Registered number: 05052043)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade creditors 59,408 104,928
Taxation and social security 72,906 36,586
Other creditors 1,038 142
133,352 141,656

7. ULTIMATE CONTROLLING PARTY

The controlling party is W Dewar.