Company Registration No. 11741810 (England and Wales)
DSW FLEET SUPPORT LIMITED
Unaudited accounts
for the year ended 31 December 2023
DSW FLEET SUPPORT LIMITED
Unaudited accounts
Contents
DSW FLEET SUPPORT LIMITED
Company Information
for the year ended 31 December 2023
Director
Mr D S Winstanley
Company Number
11741810 (England and Wales)
Registered Office
23 LADIES LANE
HINDLEY
WIGAN
WN2 2QA
UNITED KINGDOM
Accountants
P A Hull & Co
Beech House
23 Ladies Lane
Hindley, Wigan
Lancashire
WN2 2QA
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of DSW FLEET SUPPORT LIMITED for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
DSW FLEET SUPPORT LIMITED for the year ended
31 December 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of DSW FLEET SUPPORT LIMITED, as a body, in accordance with the terms of our engagement letter dated 30 August 2024. Our work has been undertaken solely to prepare for your approval the accounts of DSW FLEET SUPPORT LIMITED and state those matters that we have agreed to state to the Board of Directors of DSW FLEET SUPPORT LIMITED, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than DSW FLEET SUPPORT LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that DSW FLEET SUPPORT LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of DSW FLEET SUPPORT LIMITED. You consider that DSW FLEET SUPPORT LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of DSW FLEET SUPPORT LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
P A Hull & Co
Chartered Accountants
Beech House
23 Ladies Lane
Hindley, Wigan
Lancashire
WN2 2QA
30 August 2024
DSW FLEET SUPPORT LIMITED
Statement of financial position
as at 31 December 2023
Tangible assets
55,255
649
Cash at bank and in hand
154,034
119,570
Creditors: amounts falling due within one year
(40,602)
(38,586)
Net current assets
113,432
80,984
Total assets less current liabilities
168,687
81,633
Creditors: amounts falling due after more than one year
(47,513)
-
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
110,598
81,533
Shareholders' funds
110,698
81,633
For the year ending 31 December 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 30 August 2024 and were signed on its behalf by
Mr D S Winstanley
Director
Company Registration No. 11741810
DSW FLEET SUPPORT LIMITED
Notes to the Accounts
for the year ended 31 December 2023
DSW FLEET SUPPORT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11741810. The registered office is 23 LADIES LANE, HINDLEY, WIGAN, WN2 2QA, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2023
-
-
1,348
1,348
Additions
66,230
467
710
67,407
At 31 December 2023
66,230
467
2,058
68,755
At 1 January 2023
-
-
699
699
Charge for the year
12,418
58
325
12,801
At 31 December 2023
12,418
58
1,024
13,500
At 31 December 2023
53,812
409
1,034
55,255
At 31 December 2022
-
-
649
649
DSW FLEET SUPPORT LIMITED
Notes to the Accounts
for the year ended 31 December 2023
5
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
8,230
-
Taxes and social security
-
8,575
Loans from directors
31,832
27,374
6
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
47,513
-
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).