Registered number
08372427
London Dozo Ltd
Unaudited Filleted Accounts
31 October 2023
London Dozo Ltd
Registered number: 08372427
Balance Sheet
as at 31 October 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 4 4,241 3,605
Current assets
Stocks - 12,500
Debtors 5 274,363 279,380
Cash at bank and in hand 149,498 467,554
423,861 759,434
Creditors: amounts falling due within one year 6 (41,096) (414,386)
Net current assets 382,765 345,048
Net assets 387,006 348,653
Capital and reserves
Called up share capital 200 200
Profit and loss account 386,806 348,453
Shareholder's funds 387,006 348,653
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr K W Chew
Director
Approved by the board on 22 July 2024
London Dozo Ltd
Notes to the Accounts
for the year ended 31 October 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 12 21
3 Intangible fixed assets £
Goodwill:
Cost
At 1 November 2022 50,000
At 31 October 2023 50,000
Amortisation
At 1 November 2022 50,000
At 31 October 2023 50,000
Net book value
At 31 October 2023 -
Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.
4 Tangible fixed assets
Land and buildings Plant and machinery etc Total
£ £ £
Cost
At 1 November 2022 32,556 176,199 208,755
Additions - 1,430 1,430
At 31 October 2023 32,556 177,629 210,185
Depreciation
At 1 November 2022 29,095 176,055 205,150
Charge for the year 472 322 794
At 31 October 2023 29,567 176,377 205,944
Net book value
At 31 October 2023 2,989 1,252 4,241
At 31 October 2022 3,461 144 3,605
5 Debtors 2023 2022
£ £
Trade debtors - 32,474
Other debtors 274,363 246,906
274,363 279,380
6 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 21,401 -
Taxation and social security costs 4,438 107,801
Other creditors 15,257 306,585
41,096 414,386
7 Controlling party
The company is under the control of the director, Mr K W Chew by virtue of his shareholdings n the company.
8 Other information
London Dozo Ltd is a private company limited by shares and incorporated in England. Its registered office is:
114 Hamlet Court Road
Westcliff on sea
Essex
SS0 7LP
London Dozo Ltd 08372427 false 2022-11-01 2023-10-31 2023-10-31 VT Final Accounts April 2024 Mr K W Chew No description of principal activity 08372427 2021-11-01 2022-10-31 08372427 core:WithinOneYear 2022-10-31 08372427 core:ShareCapital 2022-10-31 08372427 core:RetainedEarningsAccumulatedLosses 2022-10-31 08372427 2022-11-01 2023-10-31 08372427 bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 08372427 bus:AuditExemptWithAccountantsReport 2022-11-01 2023-10-31 08372427 bus:Director40 2022-11-01 2023-10-31 08372427 1 2022-11-01 2023-10-31 08372427 2 2022-11-01 2023-10-31 08372427 core:LandBuildings 2022-11-01 2023-10-31 08372427 core:PlantMachinery 2022-11-01 2023-10-31 08372427 countries:England 2022-11-01 2023-10-31 08372427 bus:FRS102 2022-11-01 2023-10-31 08372427 bus:FilletedAccounts 2022-11-01 2023-10-31 08372427 2023-10-31 08372427 core:WithinOneYear 2023-10-31 08372427 core:ShareCapital 2023-10-31 08372427 core:RetainedEarningsAccumulatedLosses 2023-10-31 08372427 core:Goodwill 2023-10-31 08372427 core:LandBuildings 2023-10-31 08372427 core:PlantMachinery 2023-10-31 08372427 2022-10-31 08372427 core:Goodwill 2022-10-31 08372427 core:LandBuildings 2022-10-31 08372427 core:PlantMachinery 2022-10-31 iso4217:GBP xbrli:pure