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REGISTERED NUMBER: 04581194 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

DORSET NURSING SUPPLIES LIMITED

DORSET NURSING SUPPLIES LIMITED (REGISTERED NUMBER: 04581194)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DORSET NURSING SUPPLIES LIMITED

COMPANY INFORMATION
for the Year Ended 31 December 2023







DIRECTORS: B A Mayes
J B O Mayes
R D B Mayes
Mrs H E Martin



SECRETARY: J B O Mayes



REGISTERED OFFICE: 38 Middlehill Road
Wimborne
Dorset
BH21 2SE



REGISTERED NUMBER: 04581194 (England and Wales)



ACCOUNTANTS: Chris Charlton Ltd
Chartered Accountants
29 Lower Golf Links Road
Broadstone
Dorset
BH18 8BQ



SOLICITORS: Preston & Redman
Hinton House
Hinton Road
Bournemouth
Dorset
BH1 2EN

DORSET NURSING SUPPLIES LIMITED (REGISTERED NUMBER: 04581194)

BALANCE SHEET
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 3,620 1,541
3,620 1,541

CURRENT ASSETS
Stocks 456,859 408,268
Debtors 6 220,169 200,648
Cash at bank and in hand 296,461 253,211
973,489 862,127
CREDITORS
Amounts falling due within one year 7 293,086 231,276
NET CURRENT ASSETS 680,403 630,851
TOTAL ASSETS LESS CURRENT LIABILITIES 684,023 632,392

CAPITAL AND RESERVES
Called up share capital 356 356
Retained earnings 683,667 632,036
SHAREHOLDERS' FUNDS 684,023 632,392

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

DORSET NURSING SUPPLIES LIMITED (REGISTERED NUMBER: 04581194)

BALANCE SHEET - continued
31 December 2023


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 September 2024 and were signed on its behalf by:




R D B Mayes - Director



Mrs H E Martin - Director


DORSET NURSING SUPPLIES LIMITED (REGISTERED NUMBER: 04581194)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Dorset Nursing Supplies Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Purchased goodwill is capitalised on the balance sheet and amortised over it's expected useful life - currently 10 years

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 33% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

DORSET NURSING SUPPLIES LIMITED (REGISTERED NUMBER: 04581194)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2023

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2022 - 12 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 December 2023 30,000
AMORTISATION
At 1 January 2023
and 31 December 2023 30,000
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 January 2023 30,652
Additions 2,770
At 31 December 2023 33,422
DEPRECIATION
At 1 January 2023 29,111
Charge for year 691
At 31 December 2023 29,802
NET BOOK VALUE
At 31 December 2023 3,620
At 31 December 2022 1,541

DORSET NURSING SUPPLIES LIMITED (REGISTERED NUMBER: 04581194)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 190,068 173,526
Other debtors 30,101 27,122
220,169 200,648

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 165,736 116,242
Taxation and social security 89,944 73,992
Other creditors 37,406 41,042
293,086 231,276

8. RELATED PARTY DISCLOSURES

The company trades from premises owned by the directors. Rent paid to the directors in the year (believed to be fair market value) was £12,000.

The directors have loan accounts with the company, the balances of which at the year end are as follows:-
B A Mayes £13,126 (2022: £14,029) owed to Mr Mayes.
J B O Mayes £5,025 (2022: £5,719) owed to Mr Mayes.
R D B Mayes £3,915 (2022: £5,033) owed to Mr Mayes.
Mrs H E Martin £690 (2022: £3,065) owed to Mrs Martin.

9. ULTIMATE CONTROLLING PARTY

No single shareholder has overriding control of the company, it is under the control of the Mayes family as a whole by virtue of their holding of the issued share capital.