Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-3112false2023-01-01No description of principal activitytruetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 01058727 2023-01-01 2023-12-31 01058727 2022-01-01 2022-12-31 01058727 2023-12-31 01058727 2022-12-31 01058727 c:Director3 2023-01-01 2023-12-31 01058727 d:Buildings 2023-01-01 2023-12-31 01058727 d:Buildings 2023-12-31 01058727 d:Buildings 2022-12-31 01058727 d:Buildings d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 01058727 d:OfficeEquipment 2023-01-01 2023-12-31 01058727 d:OfficeEquipment 2023-12-31 01058727 d:OfficeEquipment 2022-12-31 01058727 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 01058727 d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 01058727 d:CurrentFinancialInstruments 2023-12-31 01058727 d:CurrentFinancialInstruments 2022-12-31 01058727 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 01058727 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 01058727 d:ShareCapital 2023-12-31 01058727 d:ShareCapital 2022-12-31 01058727 d:OtherMiscellaneousReserve 2023-01-01 2023-12-31 01058727 d:OtherMiscellaneousReserve 2023-12-31 01058727 d:OtherMiscellaneousReserve 2022-12-31 01058727 d:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 01058727 d:RetainedEarningsAccumulatedLosses 2023-12-31 01058727 d:RetainedEarningsAccumulatedLosses 2022-12-31 01058727 c:FRS102 2023-01-01 2023-12-31 01058727 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 01058727 c:FullAccounts 2023-01-01 2023-12-31 01058727 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 01058727 6 2023-01-01 2023-12-31 01058727 4 2023-12-31 01058727 4 2022-12-31 01058727 f:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure
Registered number: 01058727

















DOLPHIN FARMS LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 DECEMBER 2023















Fletcher & Partners
Chartered Accountants
Salisbury

 
DOLPHIN FARMS LIMITED
REGISTERED NUMBER:01058727

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
185,446
186,568

Investments
 5 
75
75

  
185,521
186,643

Current assets
  

Stocks
  
54,935
70,880

Debtors: amounts falling due within one year
 6 
168,728
215,280

Cash at bank and in hand
  
156,459
155,018

  
380,122
441,178

Creditors: amounts falling due within one year
 7 
(76,177)
(144,237)

Net current assets
  
 
 
303,945
 
 
296,941

Total assets less current liabilities
  
489,466
483,584

  

Net assets
  
489,466
483,584


Capital and reserves
  

Called up share capital 
  
100
100

Other reserves
 8 
104,614
104,614

Profit and loss account
 8 
384,752
378,870

  
489,466
483,584


Page 1

 
DOLPHIN FARMS LIMITED
REGISTERED NUMBER:01058727

BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023

The directors consider 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 directors acknowledge their 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: 




Charles Jefferis Woodburn Benson
Director

Date: 17 September 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
DOLPHIN FARMS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Dolphin Farms Limited is a private company limited by shares, incorporated in England and Wales with the registered number 01058727. The registered office address is Crown Chambers, Bridge Street, Salisbury, SP1 2LZ.

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

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.

 
2.3

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.

Land is not depreciated. Depreciation on other assets is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Freehold property
-
4% straight line
Office equipment
-
20 % straight line

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.

 
2.4

Valuation of investments

 Investments held as fixed assets are shown at cost.

Page 3

 
DOLPHIN FARMS LIMITED
 

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.5

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a weighted average basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.6

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.7

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.

 
2.8

Creditors

Short term creditors are measured at the transaction price.

 
2.9

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 balance sheet date in the countries where the Company operates and generates income.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 2).

Page 4

 
DOLPHIN FARMS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Tangible fixed assets





Freehold property
Office equipment
Total

£
£
£



Cost or valuation


At 1 January 2023
222,112
3,275
225,387


Additions
1,389
-
1,389


Disposals
-
(3,275)
(3,275)



At 31 December 2023

223,501
-
223,501



Depreciation


At 1 January 2023
36,469
2,350
38,819


Charge for the year on owned assets
1,586
-
1,586


Disposals
-
(2,350)
(2,350)



At 31 December 2023

38,055
-
38,055



Net book value



At 31 December 2023
185,446
-
185,446



At 31 December 2022
185,643
925
186,568


5.


Fixed asset investments





Trade investments

£





At 1 January 2023
75






Net book value



At 31 December 2023
75



At 31 December 2022
75

Page 5

 
DOLPHIN FARMS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

6.


Debtors

2023
2022
£
£


Other debtors
17,733
22,302

Prepayments and accrued income
150,995
192,978

168,728
215,280



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
33,856
66,303

Corporation tax
1,960
11,355

Other creditors
7,511
7,961

Accruals and deferred income
32,850
58,618

76,177
144,237



8.


Reserves

Other reserves

The other reserve represents the unrealised surplus on the revaluation of freehold property in 1999 deemed as cost.

Profit & loss account

The Profit and loss account represents accumulated realised profits.


Page 6