Company Registration No. 11068812 (England and Wales)
Dorchester Boiler Solutions Ltd
Unaudited accounts
for the year ended 30 November 2023
Dorchester Boiler Solutions Ltd
Unaudited accounts
Contents
Dorchester Boiler Solutions Ltd
Company Information
for the year ended 30 November 2023
Directors
WM Loco
Mrs RH Loco
Company Number
11068812 (England and Wales)
Registered Office
18 HIGH WEST STREET
DORCHESTER
DORSET
DT1 1UW
UNITED KINGDOM
Accountants
Darkin Miller Limited
24e Deverel Road
Dorchester
Dorset
DT2 9UD
Dorchester Boiler Solutions Ltd
Statement of financial position
as at 30 November 2023
Tangible assets
6,260
3,929
Cash at bank and in hand
32,842
-
Creditors: amounts falling due within one year
(28,886)
(13,711)
Net current assets/(liabilities)
12,185
(7,612)
Total assets less current liabilities
18,445
(3,683)
Creditors: amounts falling due after more than one year
(17,473)
(6,226)
Provisions for liabilities
Net assets/(liabilities)
100
(10,640)
Called up share capital
100
100
Profit and loss account
-
(10,740)
Shareholders' funds
100
(10,640)
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 directors acknowledge their 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 of Directors and authorised for issue on 29 August 2024 and were signed on its behalf by
WM Loco
Director
Company Registration No. 11068812
Dorchester Boiler Solutions Ltd
Notes to the Accounts
for the year ended 30 November 2023
Dorchester Boiler Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 11068812. The registered office is 18 HIGH WEST STREET, DORCHESTER, DORSET, DT1 1UW, UNITED KINGDOM.
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.
The accounts are presented in £ sterling.
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 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
20% on reducing balance
Motor vehicles
25% on reducing balance
Computer equipment
25% on reducing balance
Stocks have been valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow-moving items.
Cost is calculated using the first-in, first-out method, and includes all purchase, transport and handling costs in bringing stocks to their present location and condition.
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.
Dorchester Boiler Solutions Ltd
Notes to the Accounts
for the year ended 30 November 2023
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.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2022
3,261
-
2,882
6,143
Additions
7,543
25,000
-
32,543
At 30 November 2023
10,804
25,000
2,882
38,686
At 1 December 2022
1,090
-
1,124
2,214
Charge for the year
7,293
22,567
352
30,212
At 30 November 2023
8,383
22,567
1,476
32,426
At 30 November 2023
2,421
2,433
1,406
6,260
At 30 November 2022
2,171
-
1,758
3,929
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
3,970
3,609
Trade creditors
20,722
5,834
Taxes and social security
2,634
499
Dorchester Boiler Solutions Ltd
Notes to the Accounts
for the year ended 30 November 2023
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).