DB Remote Ops Limited 09440405 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is Other business support service activities not elsewhere classified Digita Accounts Production Advanced 6.30.9574.0 true 09440405 2023-04-01 2024-03-31 09440405 2024-03-31 09440405 core:RetainedEarningsAccumulatedLosses 2024-03-31 09440405 core:ShareCapital 2024-03-31 09440405 core:CurrentFinancialInstruments 2024-03-31 09440405 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 09440405 core:FurnitureFittings 2024-03-31 09440405 core:MotorVehicles 2024-03-31 09440405 core:OfficeEquipment 2024-03-31 09440405 core:PlantMachinery 2024-03-31 09440405 bus:SmallEntities 2023-04-01 2024-03-31 09440405 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 09440405 bus:FullAccounts 2023-04-01 2024-03-31 09440405 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 09440405 bus:RegisteredOffice 2023-04-01 2024-03-31 09440405 bus:Director1 2023-04-01 2024-03-31 09440405 bus:Director2 2023-04-01 2024-03-31 09440405 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09440405 core:ComputerEquipment 2023-04-01 2024-03-31 09440405 core:FurnitureFittings 2023-04-01 2024-03-31 09440405 core:MotorVehicles 2023-04-01 2024-03-31 09440405 core:OfficeEquipment 2023-04-01 2024-03-31 09440405 core:PlantMachinery 2023-04-01 2024-03-31 09440405 countries:EnglandWales 2023-04-01 2024-03-31 09440405 2023-03-31 09440405 core:FurnitureFittings 2023-03-31 09440405 core:MotorVehicles 2023-03-31 09440405 core:OfficeEquipment 2023-03-31 09440405 core:PlantMachinery 2023-03-31 09440405 2022-04-01 2023-03-31 09440405 2023-03-31 09440405 core:RetainedEarningsAccumulatedLosses 2023-03-31 09440405 core:ShareCapital 2023-03-31 09440405 core:CurrentFinancialInstruments 2023-03-31 09440405 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 09440405 core:FurnitureFittings 2023-03-31 09440405 core:MotorVehicles 2023-03-31 09440405 core:OfficeEquipment 2023-03-31 09440405 core:PlantMachinery 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 09440405

DB Remote Ops Limited

Annual Report and Unaudited Financial Statements- Companies house filing

for the Year Ended 31 March 2024

 

DB Remote Ops Limited

Contents

Company Information

1

Statement of Financial Position

2

Notes to the Unaudited Financial Statements

3 to 5

 

DB Remote Ops Limited

Company Information

Directors

Mr D Bailey

Miss V Synovcova

Registered office

Knoll House
Knoll Road
Camberley
Surrey
GU15 3SY

Accountants

Stewart & Co Accountants LLP
Chartered Accountants
Knoll House
Knoll Road
Camberley
Surrey
GU15 3SY

 

DB Remote Ops Limited

(Registration number: 09440405)
Statement of Financial Position as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

153,193

144,462

Current assets

 

Debtors

5

11,958

26,045

Cash at bank and in hand

 

60,230

73,854

 

72,188

99,899

Creditors: Amounts falling due within one year

6

(110,802)

(81,191)

Net current (liabilities)/assets

 

(38,614)

18,708

Total assets less current liabilities

 

114,579

163,170

Provisions for liabilities

(38,298)

(35,812)

Net assets

 

76,281

127,358

Capital and reserves

 

Called up share capital

100

100

Profit and loss account

76,181

127,258

Shareholders' funds

 

76,281

127,358

For the financial 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.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Income Statement has been taken.

Approved and authorised by the Board on 23 August 2024 and signed on its behalf by:
 

.........................................
Mr D Bailey
Director

 

DB Remote Ops Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is: Knoll House, Knoll Road, Camberley, Surrey, GU15 3SY, United Kingdom.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

 

DB Remote Ops Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

25% reducing balance

Furniture and fittings

3 years straight line

Computer equipment

3 years straight line

Motor vehicles

25% reducing balance

Trade debtors

Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents

Cash is represented by cash in hand and bank deposits.

Trade creditors

Short term creditors are measured at the transaction price.

Provisions

Provisions are recognised when the company has an obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

Employee benefits

Short-term employee benefits are recognised as an expense in the period which they are incurred.

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 1 (2023 - 1).

 

DB Remote Ops Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

4

Tangible assets

Fixtures and fittings
£

Plant and machinery
£

Office equipment
£

Motor vehicles
 £

Total
£

Cost or valuation

At 1 April 2023

7,314

149,529

16,112

52,323

225,278

Additions

-

61,812

330

-

62,142

Disposals

-

-

(1,284)

-

(1,284)

At 31 March 2024

7,314

211,341

15,158

52,323

286,136

Depreciation

At 1 April 2023

6,100

60,499

14,217

-

80,816

Charge for the year

1,211

37,724

967

13,081

52,983

Eliminated on disposal

-

-

(856)

-

(856)

At 31 March 2024

7,311

98,223

14,328

13,081

132,943

Carrying amount

At 31 March 2024

3

113,118

830

39,242

153,193

At 31 March 2023

1,214

89,030

1,895

52,323

144,462

5

Debtors

2024
£

2023
£

Trade debtors

9,230

16,192

Other debtors

237

8,442

Prepayments

2,491

1,411

11,958

26,045

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Trade creditors

-

6,850

Taxation and social security

9,668

22,577

Accruals and deferred income

1,927

1,826

Other creditors

99,207

49,938

110,802

81,191