Company Registration No. 06147172 (England and Wales)
Dbit Projects Limited
Unaudited accounts
for the year ended 31 January 2024
Dbit Projects Limited
Unaudited accounts
Contents
Dbit Projects Limited
Company Information
for the year ended 31 January 2024
Directors
Derek Blackwell
Catherine Blackwell
Company Number
06147172 (England and Wales)
Registered Office
28 HIGH STREET
UPPER GRAVENHURST
BEDFORD
BEDFORDSHIRE
MK45 4HY
Accountants
Bidwell Accountancy Limited
157 Milton Keynes Business Centre
Foxhunter Drive
Milton Keynes
Buckinghamshire
MK14 6GD
Dbit Projects Limited
Statement of financial position
as at 31 January 2024
Cash at bank and in hand
19,060
37,183
Creditors: amounts falling due within one year
(15,793)
(22,045)
Net current assets
3,267
25,548
Called up share capital
10
10
Profit and loss account
3,690
25,538
Shareholders' funds
3,700
25,548
For the year ending 31 January 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 directors acknowledge their 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 of Directors and authorised for issue on 29 July 2024 and were signed on its behalf by
Derek Blackwell
Director
Company Registration No. 06147172
Dbit Projects Limited
Notes to the Accounts
for the year ended 31 January 2024
Dbit Projects Limited is a private company, limited by shares, registered in England and Wales, registration number 06147172. The registered office is 28 HIGH STREET, UPPER GRAVENHURST, BEDFORD, BEDFORDSHIRE, MK45 4HY.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2023
1,867
-
1,867
At 31 January 2024
1,867
649
2,516
At 1 February 2023
1,867
-
1,867
Charge for the year
-
216
216
At 31 January 2024
1,867
216
2,083
At 31 January 2024
-
433
433
Amounts falling due within one year
Dbit Projects Limited
Notes to the Accounts
for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
9,407
13,643
Loans from directors
2,130
1,860
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).