IRIS Accounts Production v24.1.9.2 10410941 director 1.11.22 31.10.23 31.10.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh104109412022-10-31104109412023-10-31104109412022-11-012023-10-31104109412021-10-31104109412021-11-012022-10-31104109412022-10-3110410941ns15:EnglandWales2022-11-012023-10-3110410941ns14:PoundSterling2022-11-012023-10-3110410941ns10:Director12022-11-012023-10-3110410941ns10:PrivateLimitedCompanyLtd2022-11-012023-10-3110410941ns10:SmallEntities2022-11-012023-10-3110410941ns10:AuditExemptWithAccountantsReport2022-11-012023-10-3110410941ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3110410941ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-3110410941ns10:FullAccounts2022-11-012023-10-3110410941ns10:RegisteredOffice2022-11-012023-10-3110410941ns5:CurrentFinancialInstruments2023-10-3110410941ns5:CurrentFinancialInstruments2022-10-3110410941ns5:ShareCapital2023-10-3110410941ns5:ShareCapital2022-10-3110410941ns5:RetainedEarningsAccumulatedLosses2023-10-3110410941ns5:RetainedEarningsAccumulatedLosses2022-10-3110410941ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-3110410941ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-31
REGISTERED NUMBER: 10410941 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

DIRECT CONNECTIONS LIMITED

DIRECT CONNECTIONS LIMITED (REGISTERED NUMBER: 10410941)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 6

DIRECT CONNECTIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTOR: C R Hartness





REGISTERED OFFICE: 14-15 Harelands Courtyard Offices
Moor Road
Melsonby
North Yorkshire
DL10 5NY





REGISTERED NUMBER: 10410941 (England and Wales)





ACCOUNTANTS: Momentum Taxation and Accountancy Ltd
Harelands Courtyard Offices
Moor Road
Melsonby
Richmond
North Yorkshire
DL10 5NY

DIRECT CONNECTIONS LIMITED (REGISTERED NUMBER: 10410941)

BALANCE SHEET
31 OCTOBER 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 4 765,977 797,789
Cash at bank and in hand 108 316
766,085 798,105
CREDITORS
Amounts falling due within one year 5 486,631 533,511
NET CURRENT ASSETS 279,454 264,594
TOTAL ASSETS LESS CURRENT
LIABILITIES

279,454

264,594

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 279,354 264,494
SHAREHOLDERS' FUNDS 279,454 264,594

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 his 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.

DIRECT CONNECTIONS LIMITED (REGISTERED NUMBER: 10410941)

BALANCE SHEET - continued
31 OCTOBER 2023


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

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

The financial statements were approved by the director and authorised for issue on 31 July 2024 and were signed by:





C R Hartness - Director


DIRECT CONNECTIONS LIMITED (REGISTERED NUMBER: 10410941)

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


1. STATUTORY INFORMATION

Direct Connections 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.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

DIRECT CONNECTIONS LIMITED (REGISTERED NUMBER: 10410941)

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


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2022 - 13 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors (1,701 ) 637,729
Other debtors 767,678 160,060
765,977 797,789

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 75,109 80,510
Taxation and social security 23,222 64,701
Other creditors 388,300 388,300
486,631 533,511

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
DIRECT CONNECTIONS LIMITED


The following reproduces the text of the report prepared for the director 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 Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director 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 Direct Connections Limited for the year ended 31 October 2023 which comprise the Income Statement, Balance Sheet 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Direct Connections Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Direct Connections Limited and state those matters that we have agreed to state to the director of Direct Connections Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Direct Connections 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 Direct Connections Limited. You consider that Direct Connections 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 Direct Connections 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.






Momentum Taxation and Accountancy Ltd
Harelands Courtyard Offices
Moor Road
Melsonby
Richmond
North Yorkshire
DL10 5NY



CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
DIRECT CONNECTIONS LIMITED


Date: .............................................