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REGISTERED NUMBER: 09107102 (England and Wales)









Unaudited Financial Statements

for the Year Ended 30 June 2024

for

DJB Picture Framing Limited

DJB Picture Framing Limited (Registered number: 09107102)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DJB Picture Framing Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: D Briggs
Mrs J Briggs





REGISTERED OFFICE: 259 Sharrowvale Road
Sheffield
S11 8ZE





REGISTERED NUMBER: 09107102 (England and Wales)





ACCOUNTANTS: Camplejohn Rowan
CFC House
Acorn Business Park
Woodseats Close
Sheffield
South Yorkshire
S8 0TB

DJB Picture Framing Limited (Registered number: 09107102)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,654 1,966

CURRENT ASSETS
Stocks 1,750 1,550
Debtors 5 536 516
Cash at bank and in hand 39,025 43,949
41,311 46,015
CREDITORS
Amounts falling due within one year 6 (17,463 ) (19,154 )
NET CURRENT ASSETS 23,848 26,861
TOTAL ASSETS LESS CURRENT
LIABILITIES

25,502

28,827

PROVISIONS FOR LIABILITIES (314 ) (374 )
NET ASSETS 25,188 28,453

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 25,186 28,451
SHAREHOLDERS' FUNDS 25,188 28,453

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

DJB Picture Framing Limited (Registered number: 09107102)

Balance Sheet - continued
30 June 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 Board of Directors and authorised for issue on 14 August 2024 and were signed on its behalf by:





Mrs J Briggs - Director


DJB Picture Framing Limited (Registered number: 09107102)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

DJB Picture Framing 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 represents sale of goods and services, excluding VAT. It is recognised when the goods are passed or delivered to the customers.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 2 (2023 - 2 ) .

DJB Picture Framing Limited (Registered number: 09107102)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 July 2023
and 30 June 2024 3,196 608 3,804
DEPRECIATION
At 1 July 2023 1,396 442 1,838
Charge for year 270 42 312
At 30 June 2024 1,666 484 2,150
NET BOOK VALUE
At 30 June 2024 1,530 124 1,654
At 30 June 2023 1,800 166 1,966

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Prepayments 536 516

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Tax 13,281 14,321
VAT 4,094 4,812
Directors' current accounts 88 21
17,463 19,154