DANS GOODS 2 LIMITED

Company Registration Number:
SC665933 (Scotland)

Unaudited statutory accounts for the year ended 31 July 2023

Period of accounts

Start date: 1 August 2022

End date: 31 July 2023

DANS GOODS 2 LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2023

Directors report
Balance sheet
Additional notes
Balance sheet notes

DANS GOODS 2 LIMITED

Directors' report period ended 31 July 2023

The directors present their report with the financial statements of the company for the period ended 31 July 2023

Principal activities of the company

Convenience Store



Directors

The director shown below has held office during the whole of the period from
1 August 2022 to 31 July 2023

Dan Vranceanu


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
30 July 2024

And signed on behalf of the board by:
Name: Dan Vranceanu
Status: Director

DANS GOODS 2 LIMITED

Balance sheet

As at 31 July 2023

Notes 2023 2022


£

£
Fixed assets
Intangible assets: 3 21,000 24,000
Tangible assets: 4 12,498 13,887
Total fixed assets: 33,498 37,887
Current assets
Stocks: 5 48,000 25,000
Debtors: 6 2,183
Cash at bank and in hand: 491 2,412
Total current assets: 48,491 29,595
Creditors: amounts falling due within one year: 7 ( 79,843 ) ( 62,012 )
Net current assets (liabilities): (31,352) (32,417)
Total assets less current liabilities: 2,146 5,470
Provision for liabilities: ( 1,941 ) ( 2,878 )
Total net assets (liabilities): 205 2,592
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 105 2,492
Total Shareholders' funds: 205 2,592

The notes form part of these financial statements

DANS GOODS 2 LIMITED

Balance sheet statements

For the year ending 31 July 2023 the company was entitled to exemption 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 30 July 2024
and signed on behalf of the board by:

Name: Dan Vranceanu
Status: Director

The notes form part of these financial statements

DANS GOODS 2 LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied.

    Tangible fixed assets depreciation policy

    Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent impairment losses.

    Intangible fixed assets amortisation policy

    Intangible assets are measured at cost less accumulated amortisation and any accumulated impairment losses. Amortisation is charged so as to allocate the cost of intangibles less their residual values over their estimated useful lives, using the straight-line method. If there is an indication that there has been a significant change in amortisation rate or residual value of an asset, the amortisation of that asset is revised prospectively to reflect the new expectations. If the net fair value of the identifiable assets and liabilities acquired exceeds the cost of a business combination, the excess up to the fair value of non-monetary assets acquired is recognised in profit or loss in the periods in which the non-monetary assets are recovered. Any excess exceeding the fair value of non-monetary assets acquired is recognised in profit or loss in the periods expected to be benefitted.Purchased Goodwill is amortised over 10 years.

    Other accounting policies

    Deferred taxDeferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing differenceGoing concern After reviewing the forecasts and projections, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing it financial statements.

DANS GOODS 2 LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 2 2

DANS GOODS 2 LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 August 2022 30,000 30,000
Additions
Disposals
Revaluations
Transfers
At 31 July 2023 30,000 30,000
Amortisation
At 1 August 2022 6,000 6,000
Charge for year 3,000 3,000
On disposals
Other adjustments
At 31 July 2023 9,000 9,000
Net book value
At 31 July 2023 21,000 21,000
At 31 July 2022 24,000 24,000

DANS GOODS 2 LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 August 2022 16,832 16,832
Additions
Disposals
Revaluations
Transfers
At 31 July 2023 16,832 16,832
Depreciation
At 1 August 2022 2,945 2,945
Charge for year 1,389 1,389
On disposals
Other adjustments
At 31 July 2023 4,334 4,334
Net book value
At 31 July 2023 12,498 12,498
At 31 July 2022 13,887 13,887

DANS GOODS 2 LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Stocks

2023 2022
£ £
Stocks 48,000 25,000
Total 48,000 25,000

DANS GOODS 2 LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

6. Debtors

2023 2022
£ £
Other debtors 2,183
Total   2,183

DANS GOODS 2 LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

7. Creditors: amounts falling due within one year note

2023 2022
£ £
Accruals and deferred income 2,100 1,500
Other creditors 77,743 60,512
Total 79,843 62,012