IRIS Accounts Production v24.1.4.33 10861025 director 6.4.23 5.4.24 5.4.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh108610252023-04-05108610252024-04-05108610252023-04-062024-04-05108610252022-07-31108610252022-08-012023-04-05108610252023-04-0510861025ns15:EnglandWales2023-04-062024-04-0510861025ns14:PoundSterling2023-04-062024-04-0510861025ns10:Director12023-04-062024-04-0510861025ns10:PrivateLimitedCompanyLtd2023-04-062024-04-0510861025ns10:SmallEntities2023-04-062024-04-0510861025ns10:AuditExempt-NoAccountantsReport2023-04-062024-04-0510861025ns10:SmallCompaniesRegimeForDirectorsReport2023-04-062024-04-0510861025ns10:SmallCompaniesRegimeForAccounts2023-04-062024-04-0510861025ns10:FullAccounts2023-04-062024-04-0510861025ns10:RegisteredOffice2023-04-062024-04-0510861025ns5:CurrentFinancialInstruments2024-04-0510861025ns5:CurrentFinancialInstruments2023-04-0510861025ns5:Non-currentFinancialInstruments2024-04-0510861025ns5:Non-currentFinancialInstruments2023-04-0510861025ns5:ShareCapital2024-04-0510861025ns5:ShareCapital2023-04-0510861025ns5:RetainedEarningsAccumulatedLosses2024-04-0510861025ns5:RetainedEarningsAccumulatedLosses2023-04-0510861025ns5:PlantMachinery2023-04-062024-04-0510861025ns5:FurnitureFittings2023-04-062024-04-0510861025ns5:MotorVehicles2023-04-062024-04-0510861025ns5:ComputerEquipment2023-04-062024-04-0510861025ns5:PlantMachinery2023-04-0510861025ns5:FurnitureFittings2023-04-0510861025ns5:MotorVehicles2023-04-0510861025ns5:ComputerEquipment2023-04-0510861025ns5:PlantMachinery2024-04-0510861025ns5:FurnitureFittings2024-04-0510861025ns5:MotorVehicles2024-04-0510861025ns5:ComputerEquipment2024-04-0510861025ns5:PlantMachinery2023-04-0510861025ns5:FurnitureFittings2023-04-0510861025ns5:MotorVehicles2023-04-0510861025ns5:ComputerEquipment2023-04-0510861025ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-04-0510861025ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-0510861025ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2024-04-0510861025ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-04-0510861025ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-04-0510861025ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-04-0510861025ns5:RetainedEarningsAccumulatedLosses2023-04-0510861025ns5:RetainedEarningsAccumulatedLosses2023-04-062024-04-05
REGISTERED NUMBER: 10861025 (England and Wales)










Financial Statements

for the Year Ended 5 April 2024

for

Dwukwelder86 Ltd

Dwukwelder86 Ltd (Registered number: 10861025)






Contents of the Financial Statements
for the Year Ended 5 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Dwukwelder86 Ltd

Company Information
for the Year Ended 5 April 2024







DIRECTOR: Mr D White





REGISTERED OFFICE: 53 Iveston Road
Delves Lane
Consett
DH8 7HR





REGISTERED NUMBER: 10861025 (England and Wales)





ACCOUNTANTS: SKS Bailey Group Limited
52-56 Coatsworth Road
Gateshead
NE8 1QN

Dwukwelder86 Ltd (Registered number: 10861025)

Balance Sheet
5 April 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 19,211 21,195

CURRENT ASSETS
Debtors 5 4,427 17,019
Cash at bank 22,570 13,479
26,997 30,498
CREDITORS
Amounts falling due within one year 6 (14,242 ) (9,566 )
NET CURRENT ASSETS 12,755 20,932
TOTAL ASSETS LESS CURRENT
LIABILITIES

31,966

42,127

CREDITORS
Amounts falling due after more than one year 7 (9,616 ) (15,791 )
NET ASSETS 22,350 26,336

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 9 22,349 26,335
22,350 26,336

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2024 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.

Dwukwelder86 Ltd (Registered number: 10861025)

Balance Sheet - continued
5 April 2024


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 1 July 2024 and were signed by:





Mr D White - Director


Dwukwelder86 Ltd (Registered number: 10861025)

Notes to the Financial Statements
for the Year Ended 5 April 2024

1. STATUTORY INFORMATION

Dwukwelder86 Ltd 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.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33.33% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Dwukwelder86 Ltd (Registered number: 10861025)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 6 April 2023 17,335 964 12,995 269 31,563
Additions 3,577 - - - 3,577
At 5 April 2024 20,912 964 12,995 269 35,140
DEPRECIATION
At 6 April 2023 6,184 598 3,317 269 10,368
Charge for year 3,049 92 2,420 - 5,561
At 5 April 2024 9,233 690 5,737 269 15,929
NET BOOK VALUE
At 5 April 2024 11,679 274 7,258 - 19,211
At 5 April 2023 11,151 366 9,678 - 21,195

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 4,427 17,019

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 8) 3,643 3,553
Other loans (see note 8) 2,645 2,352
Corporation tax 6,685 2,094
Social security and other tax 479 -
Directors' current accounts 34 395
Accrued expenses 756 1,172
14,242 9,566

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans (see note 8) 6,677 10,207
Other loans (see note 8) 2,939 5,584
9,616 15,791

Dwukwelder86 Ltd (Registered number: 10861025)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2024

8. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bounce back loan less than 1yr 3,643 3,553
Vehicle loan less than 1 year 2,645 2,352
6,288 5,905

Amounts falling due between one and two years:
Bounce back loan more than 1yr 6,677 10,207

Amounts falling due between two and five years:
Vehicle loan 1-2 years 2,939 5,584

9. RESERVES
Retained
earnings
£   

At 6 April 2023 26,335
Profit for the year 26,514
Dividends (30,500 )
At 5 April 2024 22,349