Company Registration No. 09894077 (England and Wales)
DPS Joinery Limited
Unaudited accounts
for the year ended 30 November 2023
DPS Joinery Limited
Unaudited accounts
Contents
DPS Joinery Limited
Company Information
for the year ended 30 November 2023
Company Number
09894077 (England and Wales)
Registered Office
8 Weelsby Way
Hessle
East Yorkshire
HU13 0JW
England
Accountants
Kendall Accountancy Services Limited
2 Exeter Street
New Village Road
Cottingham
East Yorkshire
HU16 4LU
DPS Joinery Limited
Statement of financial position
as at 30 November 2023
Tangible assets
4,351
5,439
Cash at bank and in hand
15,371
10,346
Creditors: amounts falling due within one year
(13,659)
(13,208)
Net current assets
5,009
6,622
Total assets less current liabilities
9,360
12,061
Creditors: amounts falling due after more than one year
(5,740)
(9,740)
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
2,693
891
Shareholders' funds
2,793
991
For the year ending 30 November 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 19 March 2024 and were signed on its behalf by
Mr D Shaw
Director
Company Registration No. 09894077
DPS Joinery Limited
Notes to the Accounts
for the year ended 30 November 2023
DPS Joinery Limited is a private company, limited by shares, registered in England and Wales, registration number 09894077. The registered office is 8 Weelsby Way, Hessle, East Yorkshire, HU13 0JW, 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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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
25% Cost
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.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
DPS Joinery Limited
Notes to the Accounts
for the year ended 30 November 2023
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 December 2022
808
18,888
19,696
At 30 November 2023
808
18,888
19,696
At 1 December 2022
808
13,449
14,257
Charge for the year
-
1,088
1,088
At 30 November 2023
808
14,537
15,345
At 30 November 2023
-
4,351
4,351
At 30 November 2022
-
5,439
5,439
Amounts falling due within one year
Accrued income and prepayments
297
484
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
4,000
4,000
Taxes and social security
8,943
8,584
Loans from directors
368
276
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
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).