Company Registration No. 12240890 (England and Wales)
DWRF Limited
Unaudited accounts
for the year ended 31 October 2023
DWRF Limited
Unaudited accounts
Contents
DWRF Limited
Company Information
for the year ended 31 October 2023
Company Number
12240890 (England and Wales)
Registered Office
203 West Street
Fareham
Hampshire
PO16 0EN
ENGLAND
Accountants
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
DWRF Limited
Accountants' report
Accountants' report to the director of DWRF Limited on the preparation of the unaudited statutory accounts for the year ended 31 October 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
DWRF Limited for the year ended
31 October 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of DWRF Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of DWRF Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than DWRF Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that DWRF Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of DWRF Limited. You consider that DWRF 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 accounts of DWRF 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 accounts.
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
23 July 2024
DWRF Limited
Statement of financial position
as at 31 October 2023
Cash at bank and in hand
9,210
9,210
Creditors: amounts falling due within one year
(13,196)
(13,454)
Net current assets
7,233
9,108
Total assets less current liabilities
7,534
9,484
Creditors: amounts falling due after more than one year
(7,001)
(9,384)
Called up share capital
100
100
Profit and loss account
433
-
Shareholders' funds
533
100
For the year ending 31 October 2023 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 director acknowledges his 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 and authorised for issue on 23 July 2024 and were signed on its behalf by
Darren Winters
Director
Company Registration No. 12240890
DWRF Limited
Notes to the Accounts
for the year ended 31 October 2023
DWRF Limited is a private company, limited by shares, registered in England and Wales, registration number 12240890. The registered office is 203 West Street, Fareham, Hampshire, PO16 0EN, ENGLAND.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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:
Computer equipment
20% reducing balance
4
Tangible fixed assets
Computer equipment
DWRF Limited
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
Other debtors
11,219
13,352
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
2,384
2,561
Taxes and social security
8,567
8,491
7
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director Loan Account
5,395
(55,570)
(52,614)
2,439
5,395
(55,570)
(52,614)
2,439
10
Average number of employees
During the year the average number of employees was 1 (2022: 1).