Caseware UK (AP4) 2023.0.135 2023.0.135 2023-09-302023-09-30false1The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-10-01No description of principal activity1falsetruefalse 08618577 2022-10-01 2023-09-30 08618577 2021-10-01 2022-09-30 08618577 2023-09-30 08618577 2022-09-30 08618577 c:Director1 2022-10-01 2023-09-30 08618577 d:MotorVehicles 2022-10-01 2023-09-30 08618577 d:MotorVehicles 2023-09-30 08618577 d:MotorVehicles 2022-09-30 08618577 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-10-01 2023-09-30 08618577 d:ComputerEquipment 2022-10-01 2023-09-30 08618577 d:ComputerEquipment 2023-09-30 08618577 d:ComputerEquipment 2022-09-30 08618577 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-10-01 2023-09-30 08618577 d:OwnedOrFreeholdAssets 2022-10-01 2023-09-30 08618577 d:CurrentFinancialInstruments 2023-09-30 08618577 d:CurrentFinancialInstruments 2022-09-30 08618577 d:Non-currentFinancialInstruments 2023-09-30 08618577 d:Non-currentFinancialInstruments 2022-09-30 08618577 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 08618577 d:CurrentFinancialInstruments d:WithinOneYear 2022-09-30 08618577 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 08618577 d:Non-currentFinancialInstruments d:AfterOneYear 2022-09-30 08618577 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-09-30 08618577 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-09-30 08618577 d:ShareCapital 2023-09-30 08618577 d:ShareCapital 2022-09-30 08618577 d:RetainedEarningsAccumulatedLosses 2023-09-30 08618577 d:RetainedEarningsAccumulatedLosses 2022-09-30 08618577 c:OrdinaryShareClass1 2022-10-01 2023-09-30 08618577 c:OrdinaryShareClass1 2023-09-30 08618577 c:OrdinaryShareClass1 2022-09-30 08618577 c:OrdinaryShareClass2 2022-10-01 2023-09-30 08618577 c:OrdinaryShareClass2 2023-09-30 08618577 c:OrdinaryShareClass2 2022-09-30 08618577 c:FRS102 2022-10-01 2023-09-30 08618577 c:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 08618577 c:FullAccounts 2022-10-01 2023-09-30 08618577 c:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 08618577 2 2022-10-01 2023-09-30 08618577 e:PoundSterling 2022-10-01 2023-09-30 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 08618577









DUBINI LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2023

 
DUBINI LIMITED
REGISTERED NUMBER: 08618577

STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
813
1,083

  
813
1,083

Current assets
  

Stocks
 5 
157,228
163,566

Debtors: amounts falling due within one year
 6 
8,387
6,021

Cash at bank and in hand
 7 
10,337
18,201

  
175,952
187,788

Creditors: amounts falling due within one year
 8 
(115,432)
(119,093)

Net current assets
  
 
 
60,520
 
 
68,695

Total assets less current liabilities
  
61,333
69,778

Creditors: amounts falling due after more than one year
 9 
-
(16,500)

  

Net assets
  
61,333
53,278


Capital and reserves
  

Called up share capital 
 11 
100
100

Profit and loss account
  
61,233
53,178

  
61,333
53,278

Page 1

 
DUBINI LIMITED
REGISTERED NUMBER: 08618577
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 SEPTEMBER 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




B Dubini
Director

Date: 3 September 2024

The notes on pages 3 to 8 form part of these financial statements.
Page 2

 
DUBINI LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1.


General information

Dubini Limited is a private company limited by shares and incorporated in England and Wales (registered number 08618577). The company’s registered office address is 101 New Cavendish Street, 1st Floor South,London W1W 6XH.
The financial statements are presented in Sterling, which is the functional currency of the company.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 3

 
DUBINI LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

2.Accounting policies (continued)

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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 income.

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
DUBINI LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

2.Accounting policies (continued)


2.7
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles
-
25%
Reducing balance
Computer equipment
-
25%
Reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.11

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees




The average monthly number of employees, including directors, during the year was 1 (2022 - 1).

Page 5

 
DUBINI LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

4.


Tangible fixed assets





Motor vehicles
Computer equipment
Total

£
£
£



Cost or valuation


At 1 October 2022
-
5,313
5,313


Additions
10,019
-
10,019


Disposals
(8,212)
-
(8,212)



At 30 September 2023

1,807
5,313
7,120



Depreciation


At 1 October 2022
-
4,229
4,229


Charge for the year on owned assets
1,807
271
2,078



At 30 September 2023

1,807
4,500
6,307



Net book value



At 30 September 2023
-
813
813



At 30 September 2022
-
1,083
1,083


5.


Stocks

2023
2022
£
£

Raw materials and consumables
157,228
163,566

157,228
163,566



6.


Debtors

2023
2022
£
£


Trade debtors
8,387
3,563

Other debtors
-
2,458

8,387
6,021


Page 6

 
DUBINI LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

7.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
10,337
18,201

Less: bank overdrafts
(4)
-

10,333
18,201



8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank overdrafts
4
-

Trade creditors
25,182
19,749

Corporation tax
5,505
-

Other taxation and social security
2,009
2,370

Other creditors
80,922
88,127

Accruals and deferred income
1,810
8,847

115,432
119,093



9.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
-
16,500

-
16,500


Page 7

 
DUBINI LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

10.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£


Amounts falling due 1-2 years

Bank loans
-
16,500


-
16,500



-
16,500



11.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



50 (2022 - 50) A Ordinary shares shares of £1.00 each
50
50
50 (2022 - 50) B Ordinary shares shares of £1.00 each
50
50

100

100


 
Page 8