Company Registration No. 11926603 (England and Wales)
DB Sail & Power Ltd
Unaudited accounts
for the year ended 5 April 2024
DB Sail & Power Ltd
Unaudited accounts
Contents
DB Sail & Power Ltd
Company Information
for the year ended 5 April 2024
Company Number
11926603 (England and Wales)
Registered Office
4 ANTI CROSS
DALTON IN FURNESS
CUMBRIA
LA15 8LP
UNITED KINGDOM
DB Sail & Power Ltd
Statement of financial position
as at 5 April 2024
Tangible assets
9,956
13,276
Cash at bank and in hand
9,001
500
Creditors: amounts falling due within one year
(13,073)
(5,723)
Net current liabilities
(4,072)
(311)
Total assets less current liabilities
5,884
12,965
Creditors: amounts falling due after more than one year
(9,040)
(12,248)
Net (liabilities)/assets
(3,156)
717
Called up share capital
1
1
Profit and loss account
(3,157)
716
Shareholders' funds
(3,156)
717
For the year ending 5 April 2024 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 10 July 2024 and were signed on its behalf by
David Baynes
Director
Company Registration No. 11926603
DB Sail & Power Ltd
Notes to the Accounts
for the year ended 5 April 2024
DB Sail & Power Ltd is a private company, limited by shares, registered in England and Wales, registration number 11926603. The registered office is 4 ANTI CROSS, DALTON IN FURNESS, CUMBRIA, LA15 8LP, 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 as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 6 April 2023
24,547
743
25,290
At 5 April 2024
24,547
743
25,290
At 6 April 2023
11,913
101
12,014
Charge for the year
3,159
161
3,320
At 5 April 2024
15,072
262
15,334
At 5 April 2024
9,475
481
9,956
At 5 April 2023
12,634
642
13,276
Amounts falling due within one year
DB Sail & Power Ltd
Notes to the Accounts
for the year ended 5 April 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
713
-
Obligations under finance leases and hire purchase contracts
3,208
3,208
Taxes and social security
19,151
12,512
Loans from directors
(9,999)
(9,997)
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
9,040
12,248
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).