Company Registration No. 13978671 (England and Wales)
DYLAN SHIPTON FRAMES LTD
Unaudited accounts
for the year ended 31 March 2024
DYLAN SHIPTON FRAMES LTD
Unaudited accounts
Contents
DYLAN SHIPTON FRAMES LTD
Company Information
for the year ended 31 March 2024
Company Number
13978671 (England and Wales)
Registered Office
UNIT 7A 7-9 ARGALL AVENUE
LONDON
E10 7QE
ENGLAND
Accountants
Sleek Accounting Ltd
107 Kirkgate
Leeds
West Yorkshire
LS1 6DP
DYLAN SHIPTON FRAMES LTD
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
57,246
39,086
Creditors: amounts falling due within one year
(31,567)
(15,817)
Net current assets
58,434
36,747
Called up share capital
1
1
Profit and loss account
59,419
38,391
Shareholders' funds
59,420
38,392
For the year ending 31 March 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 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 25 July 2024 and were signed on its behalf by
Dylan Shipton
Director
Company Registration No. 13978671
DYLAN SHIPTON FRAMES LTD
Notes to the Accounts
for the year ended 31 March 2024
DYLAN SHIPTON FRAMES LTD is a private company, limited by shares, registered in England and Wales, registration number 13978671. The registered office is UNIT 7A 7-9 ARGALL AVENUE, LONDON, E10 7QE, 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.
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:
Plant & machinery
3 year straight line
Computer equipment
3 year straight line
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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.
DYLAN SHIPTON FRAMES LTD
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
1,258
723
1,981
At 31 March 2024
1,258
723
1,981
At 1 April 2023
175
161
336
Charge for the year
419
240
659
At 31 March 2024
594
401
995
At 31 March 2024
664
322
986
At 31 March 2023
1,083
562
1,645
Amounts falling due within one year
Trade debtors
28,255
10,478
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
18,667
11,131
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).