4 01/11/2022 31/10/2023 2023-10-31 false false false false false false false true false false true false false false false false true false No description of principal activities is disclosed 2022-11-01 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 12257680 2022-11-01 2023-10-31 12257680 2023-10-31 12257680 2022-10-31 12257680 2021-11-01 2022-10-31 12257680 2022-10-31 12257680 2021-10-31 12257680 core:PlantMachinery 2022-11-01 2023-10-31 12257680 core:FurnitureFittingsToolsEquipment 2022-11-01 2023-10-31 12257680 core:MotorVehicles 2022-11-01 2023-10-31 12257680 bus:OrdinaryShareClass1 2022-11-01 2023-10-31 12257680 bus:OrdinaryShareClass2 2022-11-01 2023-10-31 12257680 bus:Director1 2022-11-01 2023-10-31 12257680 core:PlantMachinery 2022-10-31 12257680 core:FurnitureFittingsToolsEquipment 2022-10-31 12257680 core:MotorVehicles 2022-10-31 12257680 core:PlantMachinery 2023-10-31 12257680 core:FurnitureFittingsToolsEquipment 2023-10-31 12257680 core:MotorVehicles 2023-10-31 12257680 core:WithinOneYear 2023-10-31 12257680 core:WithinOneYear 2022-10-31 12257680 core:AfterOneYear 2023-10-31 12257680 core:AfterOneYear 2022-10-31 12257680 core:ShareCapital 2023-10-31 12257680 core:ShareCapital 2022-10-31 12257680 core:RetainedEarningsAccumulatedLosses 2023-10-31 12257680 core:RetainedEarningsAccumulatedLosses 2022-10-31 12257680 bus:OrdinaryShareClass1 core:ShareCapital 2023-10-31 12257680 bus:OrdinaryShareClass1 core:ShareCapital 2022-10-31 12257680 bus:OrdinaryShareClass2 core:ShareCapital 2023-10-31 12257680 bus:OrdinaryShareClass2 core:ShareCapital 2022-10-31 12257680 core:PlantMachinery 2022-10-31 12257680 core:FurnitureFittingsToolsEquipment 2022-10-31 12257680 core:MotorVehicles 2022-10-31 12257680 bus:Director1 2022-10-31 12257680 bus:Director1 2021-10-31 12257680 bus:Director1 2022-10-31 12257680 bus:Director1 2021-11-01 2022-10-31 12257680 bus:SmallEntities 2022-11-01 2023-10-31 12257680 bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 12257680 bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 12257680 bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 12257680 bus:FullAccounts 2022-11-01 2023-10-31
Company registration number: 12257680
DRY ICE NATIONWIDE LIMITED
Unaudited filleted financial statements
31 October 2023
DRY ICE NATIONWIDE LIMITED
Contents
Statement of financial position
Notes to the financial statements
DRY ICE NATIONWIDE LIMITED
Statement of financial position
31 October 2023
2023 2022
Note £ £ £ £
Fixed assets
Tangible assets 5 266,167 266,801
_______ _______
266,167 266,801
Current assets
Debtors 6 143,068 174,113
Cash at bank and in hand 106,296 207,260
_______ _______
249,364 381,373
Creditors: amounts falling due
within one year 7 ( 195,887) ( 368,731)
_______ _______
Net current assets 53,477 12,642
_______ _______
Total assets less current liabilities 319,644 279,443
Creditors: amounts falling due
after more than one year 8 ( 14,997) ( 24,507)
_______ _______
Net assets 304,647 254,936
_______ _______
Capital and reserves
Called up share capital 9 200 200
Profit and loss account 304,447 254,736
_______ _______
Shareholders funds 304,647 254,936
_______ _______
For the year ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 28 July 2024 , and are signed on behalf of the board by:
Jagruti Acharya
Director
Company registration number: 12257680
DRY ICE NATIONWIDE LIMITED
Notes to the financial statements
Year ended 31 October 2023
1. General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is 66 Chertsey Road, Ashford, Middlesex, TW15 1SG.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery - 20 % reducing balance
Fittings fixtures and equipment - 20 % reducing balance
Motor vehicles - 20 % reducing balance
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently measured at amortised cost.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 4 (2022: 3 ).
5. Tangible assets
Plant and machinery Fixtures, fittings and equipment Motor vehicles Total
£ £ £ £
Cost
At 1 November 2022 187,875 45,871 70,183 303,929
Additions 19,942 72,834 - 92,776
Disposals - - ( 40,433) ( 40,433)
_______ _______ _______ _______
At 31 October 2023 207,817 118,705 29,750 356,272
_______ _______ _______ _______
Depreciation
At 1 November 2022 27,817 1,916 7,395 37,128
Charge for the year 33,493 18,256 5,282 57,031
Disposals - - ( 4,054) ( 4,054)
_______ _______ _______ _______
At 31 October 2023 61,310 20,172 8,623 90,105
_______ _______ _______ _______
Carrying amount
At 31 October 2023 146,507 98,533 21,127 266,167
_______ _______ _______ _______
At 31 October 2022 160,058 43,955 62,788 266,801
_______ _______ _______ _______
6. Debtors
2023 2022
£ £
Trade debtors 126,568 130,543
Other debtors 16,500 43,570
_______ _______
143,068 174,113
_______ _______
7. Creditors: amounts falling due within one year
2023 2022
£ £
Bank loans and overdrafts 10,320 10,610
Trade creditors 156,667 317,315
Corporation tax 19,061 18,278
Social security and other taxes 6,769 10,587
Other creditors 3,070 11,941
_______ _______
195,887 368,731
_______ _______
8. Creditors: amounts falling due after more than one year
2023 2022
£ £
Bank loans and overdrafts 14,997 24,507
_______ _______
9. Called up share capital
Issued, called up and fully paid
2023 2022
No £ No £
Ordinary A shares shares of £ 1.00 each 100 100 100 100
Ordinary B shares shares of £ 1.00 each 100 100 100 100
_______ _______ _______ _______
200 200 200 200
_______ _______ _______ _______
10. Directors advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2023
Balance brought forward Advances /(credits) to the director Amounts repaid Balance o/standing
£ £ £ £
Jagruti Acharya 11,145 - ( 11,145) -
_______ _______ _______ _______
2022
Balance brought forward Advances /(credits) to the director Amounts repaid Balance o/standing
£ £ £ £
Jagruti Acharya 4,145 7,000 - 11,145
_______ _______ _______ _______