DEVON DIRECT COURIERS LTD

Company Registration Number:
10897771 (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

DEVON DIRECT COURIERS LTD

Contents of the Financial Statements

for the Period Ended 31 August 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

DEVON DIRECT COURIERS LTD

Profit And Loss Account

for the Period Ended 31 August 2023

2023 2022


£

£
Turnover: 799,982 755,174
Cost of sales: ( 500,396 ) ( 491,267 )
Gross profit(or loss): 299,586 263,907
Administrative expenses: ( 268,678 ) ( 239,991 )
Operating profit(or loss): 30,908 23,916
Profit(or loss) before tax: 30,908 23,916
Profit(or loss) for the financial year: 30,908 23,916

DEVON DIRECT COURIERS LTD

Balance sheet

As at 31 August 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 63,324 63,324
Total fixed assets: 63,324 63,324
Current assets
Stocks: 4 73,691 76,698
Cash at bank and in hand: 13,448 28,881
Investments: 5 2,083
Total current assets: 89,222 105,579
Creditors: amounts falling due within one year: 6 ( 109,396 ) ( 138,880 )
Net current assets (liabilities): (20,174) (33,301)
Total assets less current liabilities: 43,150 30,023
Creditors: amounts falling due after more than one year: 7 ( 20,833 ) ( 27,857 )
Total net assets (liabilities): 22,317 2,166
Capital and reserves
Called up share capital: 22,317 2,166
Total Shareholders' funds: 22,317 2,166

The notes form part of these financial statements

DEVON DIRECT COURIERS 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.

This report was approved by the board of directors on 1 July 2024
and signed on behalf of the board by:

Name: Damian Warren
Status: Director

The notes form part of these financial statements

DEVON DIRECT COURIERS 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

DEVON DIRECT COURIERS LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 2 2

DEVON DIRECT COURIERS 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 14,655 101,725 4,474 4,041 2 124,897
Additions 11,000 11,000
Disposals
Revaluations
Transfers
At 31 August 2023 14,655 101,725 4,474 4,041 11,002 135,897
Depreciation
At 1 September 2022 485 58,200 1,118 1,769 1 61,573
Charge for year 11,000 11,000
On disposals
Other adjustments
At 31 August 2023 485 58,200 1,118 1,769 11,001 72,573
Net book value
At 31 August 2023 14,170 43,525 3,356 2,272 1 63,324
At 31 August 2022 14,170 43,525 3,356 2,272 1 63,324

DEVON DIRECT COURIERS LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

4. Stocks

2023 2022
£ £
Stocks 73,691 76,698
Total 73,691 76,698

DEVON DIRECT COURIERS LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

5. Current assets investments note

22000

DEVON DIRECT COURIERS LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 97,440 119,072
Taxation and social security 11,956 19,808
Total 109,396 138,880

DEVON DIRECT COURIERS LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

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

2023 2022
£ £
Bank loans and overdrafts 20,833 27,857
Total 20,833 27,857