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REGISTERED NUMBER: 09804649 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

INGE DUNBAR LIMITED

INGE DUNBAR LIMITED (REGISTERED NUMBER: 09804649)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 October 2023










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


INGE DUNBAR LIMITED

COMPANY INFORMATION
For The Year Ended 31 October 2023







DIRECTOR: I A Dunbar





REGISTERED OFFICE: Oakland Farm
Grayswood
Haslemere
Surrey
GU27 2DD





REGISTERED NUMBER: 09804649 (England and Wales)

INGE DUNBAR LIMITED (REGISTERED NUMBER: 09804649)

ABRIDGED BALANCE SHEET
31 October 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,565 5,527

CURRENT ASSETS
Stocks 100,483 97,182
Debtors 10,970 23,993
Cash at bank 5,956 5,071
117,409 126,246
CREDITORS
Amounts falling due within one year 93,589 102,698
NET CURRENT ASSETS 23,820 23,548
TOTAL ASSETS LESS CURRENT
LIABILITIES

27,385

29,075

CREDITORS
Amounts falling due after more than one year 25,995 27,877
NET ASSETS 1,390 1,198

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 1,389 1,197
SHAREHOLDERS' FUNDS 1,390 1,198

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 her 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.

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 October 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director and authorised for issue on 24 July 2024 and were signed by:





I A Dunbar - Director


INGE DUNBAR LIMITED (REGISTERED NUMBER: 09804649)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 October 2023


1. STATUTORY INFORMATION

Inge Dunbar 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
The financial statements have been prepared in accordance with the provisions of Section 1A ''Smaller Entities'' of Financial Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the sale of furniture and antiques, excluding value added tax, sold during the year.

Turnover is recognised as the right to consideration arises and adjustments are made for accrued and deferred income.

Tangible fixed assets
Tangible fixed assets are stated at cost or valuation less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery-25% on cost
Fixtures and fittings-25% on cost
Motor vehicles-20% reducing balance
Computer equipment-33% on cost

Stocks
Stocks are stated at the lower of cost and estimated selling price, less costs to complete and sell. Cost includes all costs of purchase, including costs to bring stock to its present location and condition. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

Financial instruments
The company enters into basic financial instruments, which result in the recognition of financial assets and liabilities. Financial instruments are recognised at amortised cost. At the end of each reporting period financial instruments are assessed for evidence of impairment, and changes are recognised in profit or loss.

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 tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods.

Consideration is given to whether deferred tax should be provided in respect of material timing differences which have not reversed at the balance sheet date. Deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or future taxable profits

Current and deferred tax assets and liabilities are not discounted and are 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.

Hire purchase and leasing commitments
Rentals payable under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

INGE DUNBAR LIMITED (REGISTERED NUMBER: 09804649)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 October 2023


4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 November 2022 25,982
Additions 282
At 31 October 2023 26,264
DEPRECIATION
At 1 November 2022 20,455
Charge for year 2,244
At 31 October 2023 22,699
NET BOOK VALUE
At 31 October 2023 3,565
At 31 October 2022 5,527

5. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 24,000 12,000
Between one and five years 24,000 -
48,000 12,000