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REGISTERED NUMBER: 07577287 (England and Wales)















D-FLO LIMITED

ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023






D-FLO LIMITED (REGISTERED NUMBER: 07577287)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023




Page

Company Information 1

Chartered Accountants' Report 2

Abridged Statement of Financial Position 3 to 4

Notes to the Financial Statements 5 to 6


D-FLO LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTORS: Mr C J Brimson
Mr W K Procter
Mr G A Warren





REGISTERED OFFICE: c/o BCD Accountants Limited
Second Floor
21 Graham Street
Birmingham
United Kingdom
B1 3JR





REGISTERED NUMBER: 07577287 (England and Wales)





ACCOUNTANTS: BCD Accountants Limited
Second Floor
21 Graham Street
Birmingham
United Kingdom
B1 3JR

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
D-FLO LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of d-flo Limited for the year ended 31 July 2023 which comprise the Abridged Income Statement, Abridged Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of d-flo Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of d-flo Limited and state those matters that we have agreed to state to the Board of Directors of d-flo Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than d-flo Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that d-flo Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of d-flo Limited. You consider that d-flo Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of d-flo Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






BCD Accountants Limited
Second Floor
21 Graham Street
Birmingham
United Kingdom
B1 3JR


10 July 2024

D-FLO LIMITED (REGISTERED NUMBER: 07577287)

ABRIDGED STATEMENT OF FINANCIAL POSITION
31 JULY 2023

2023 2022
Notes £    £   
FIXED ASSETS
Intangible assets 4 503,800 430,361
Tangible assets 5 23,524 25,317
527,324 455,678

CURRENT ASSETS
Debtors 1,053,414 380,482
Cash at bank 16,721 44,968
1,070,135 425,450
CREDITORS
Amounts falling due within one year (1,363,395 ) (700,673 )
NET CURRENT LIABILITIES (293,260 ) (275,223 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

234,064

180,455

CREDITORS
Amounts falling due after more than one
year

(18,333

)

(28,333

)

PROVISIONS FOR LIABILITIES (131,831 ) (86,579 )
NET ASSETS 83,900 65,543

CAPITAL AND RESERVES
Called up share capital 11 11
Retained earnings 83,889 65,532
SHAREHOLDERS' FUNDS 83,900 65,543

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

D-FLO LIMITED (REGISTERED NUMBER: 07577287)

ABRIDGED STATEMENT OF FINANCIAL POSITION - continued
31 JULY 2023


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 Income Statement and an abridged Statement of Financial Position for the year ended 31 July 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 10 July 2024 and were signed on its behalf by:





Mr W K Procter - Director


D-FLO LIMITED (REGISTERED NUMBER: 07577287)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1. STATUTORY INFORMATION

d-flo 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost
less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of ten years, from completion date.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

Going concern
The financial statements have been prepared using the going concern basis of accounting.

D-FLO LIMITED (REGISTERED NUMBER: 07577287)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2022 - 15 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 August 2022 527,128
Additions 140,169
At 31 July 2023 667,297
AMORTISATION
At 1 August 2022 96,767
Amortisation for year 66,730
At 31 July 2023 163,497
NET BOOK VALUE

At 31 July 2023 503,800
At 31 July 2022 430,361

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 August 2022 84,167
Additions 10,454
At 31 July 2023 94,621
DEPRECIATION
At 1 August 2022 58,850
Charge for year 12,247
At 31 July 2023 71,097
NET BOOK VALUE
At 31 July 2023 23,524
At 31 July 2022 25,317

6. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 6,498 26,200
Between one and five years - 17,733
6,498 43,933