NOTORIOUS DIT LTD

Company Registration Number:
10899994 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2023

Period of accounts

Start date: 1 September 2022

End date: 31 August 2023

NOTORIOUS DIT LTD

Contents of the Financial Statements

for the Period Ended 31 August 2023

Balance sheet
Additional notes
Balance sheet notes

NOTORIOUS DIT LTD

Balance sheet

As at 31 August 2023

Notes 2023 2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 314,400 246,726
Investments:   0 0
Total fixed assets: 314,400 246,726
Current assets
Stocks:   0 0
Debtors: 4 81,080 118,490
Cash at bank and in hand: 5,540 4,823
Investments:   0 0
Total current assets: 86,620 123,313
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 392,931 ) ( 281,946 )
Net current assets (liabilities): (306,311) (158,633)
Total assets less current liabilities: 8,089 88,093
Creditors: amounts falling due after more than one year: 6 ( 58,835 ) ( 43,727 )
Provision for liabilities: ( 44,085 )
Total net assets (liabilities): (50,746) 281
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (50,747 ) 280
Total Shareholders' funds: ( 50,746 ) 281

The notes form part of these financial statements

NOTORIOUS DIT LTD

Balance sheet statements

For the year ending 31 August 2023 the company was entitled to exemption 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 28 August 2024
and signed on behalf of the board by:

Name: Michael Pentney
Status: Director

The notes form part of these financial statements

NOTORIOUS DIT LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their residual value, over their expected useful lives on the following bases: Leasehold Straight line over the period of the lease Plant & Machinery 5 years straight line Motor Vehicles 5 years straight line Fixtures & Fittings 3 years straight line Computer Equipment 3 years straight line

NOTORIOUS DIT LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 7 8

NOTORIOUS DIT LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2022 7,563 168,556 29,298 60,268 55,920 321,605
Additions 0 114,000 25,111 38,640 177,751
Disposals ( 2,970 ) ( 2,970 )
Revaluations
Transfers
At 31 August 2023 7,563 282,556 26,328 85,379 94,560 496,386
Depreciation
At 1 September 2022 3,782 39,068 1,997 20,038 9,994 74,879
Charge for year 1,890 57,688 6,206 25,476 15,847 107,107
On disposals
Other adjustments
At 31 August 2023 5,672 96,756 8,203 45,514 25,841 181,986
Net book value
At 31 August 2023 1,891 185,800 18,125 39,865 68,719 314,400
At 31 August 2022 3,781 129,488 27,301 40,230 45,926 246,726

NOTORIOUS DIT LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

4. Debtors

2023 2022
£ £
Trade debtors 73,520 66,869
Other debtors 7,560 51,621
Total 81,080 118,490

NOTORIOUS DIT LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 4,014 4,000
Amounts due under finance leases and hire purchase contracts 17,496 11,184
Trade creditors 87,390 0
Taxation and social security 282,431 258,319
Accruals and deferred income 1,600
Other creditors 8,443
Total 392,931 281,946

NOTORIOUS DIT LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

6. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Bank loans and overdrafts 51,203 11,333
Amounts due under finance leases and hire purchase contracts 7,632 32,394
Total 58,835 43,727

NOTORIOUS DIT LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

7. Loans to directors

Name of director receiving advance or credit:
Description of the transaction:
Included within debtors are the following loans to directors: The above loan is unsecured, interest free and repayable on demand
£
Balance at 31 August 2022 12,905
Advances or credits made:
Advances or credits repaid: 8,488
Balance at 31 August 2023 4,417