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REGISTERED NUMBER: 08434272 (England and Wales)















D. Sankey Limited

Unaudited Financial Statements for the Year Ended 30 April 2024






D. Sankey Limited (Registered number: 08434272)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


D. Sankey Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: Mr D P G Sankey
Mrs A S Sankey





REGISTERED OFFICE: Atlantic House
8 Bell Lane
Uckfield
East Sussex
TN22 1QL





REGISTERED NUMBER: 08434272 (England and Wales)





ACCOUNTANTS: Swindells LLP
Chartered Accountants
Atlantic House
8 Bell Lane
Bellbrook Industrial Estate
Uckfield
East Sussex
TN22 1QL

D. Sankey Limited (Registered number: 08434272)

Balance Sheet
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 78,418 98,418
78,418 98,418

CURRENT ASSETS
Stocks 2,400 1,000
Debtors 6 145,288 156,932
Cash at bank 1,235,356 826,695
1,383,044 984,627
CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR

7

342,723

257,574
NET CURRENT ASSETS 1,040,321 727,053
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,118,739

825,471

CREDITORS: AMOUNTS FALLING DUE
AFTER MORE THAN ONE YEAR

8

(348,282

)

(325,512

)

PROVISIONS FOR LIABILITIES (14,844 ) (19,540 )
NET ASSETS 755,613 480,419

D. Sankey Limited (Registered number: 08434272)

Balance Sheet - continued
30 April 2024

2024 2023
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 755,513 480,319
SHAREHOLDERS' FUNDS 755,613 480,419

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 August 2024 and were signed on its behalf by:





Mr D P G Sankey - Director


D. Sankey Limited (Registered number: 08434272)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

D. Sankey 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents revenue, net of VAT, from commercial transactions under which the company supplies customers the goods and services that it is in business to provide and it is recognised when it obtains, through performance under contract, the right to consideration for those goods and services.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of ten 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.

Other intangible assets are being amortised evenly over their estimated useful life of five years.

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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% 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.


D. Sankey Limited (Registered number: 08434272)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Pension costs and other post-retirement benefits
The company contributes to it's employees' personal pension plans. Contributions payable are charged to the profit and loss account in the period to which they relate.

Government grants
Grants of a revenue nature are credited to income so as to match with the expenditure to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 13 ) .

D. Sankey Limited (Registered number: 08434272)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1 May 2023
and 30 April 2024 860,186 28,333 888,519
AMORTISATION
At 1 May 2023
and 30 April 2024 860,186 28,333 888,519
NET BOOK VALUE
At 30 April 2024 - - -
At 30 April 2023 - - -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 May 2023 16,442 7,555 163,824 9,323 197,144
Additions - - 18,200 657 18,857
Disposals (9,922 ) (2,967 ) (16,971 ) (3,783 ) (33,643 )
At 30 April 2024 6,520 4,588 165,053 6,197 182,358
DEPRECIATION
At 1 May 2023 15,393 6,187 72,385 4,761 98,726
Charge for year 93 231 25,026 654 26,004
Eliminated on disposal (9,237 ) (2,514 ) (7,425 ) (1,614 ) (20,790 )
At 30 April 2024 6,249 3,904 89,986 3,801 103,940
NET BOOK VALUE
At 30 April 2024 271 684 75,067 2,396 78,418
At 30 April 2023 1,049 1,368 91,439 4,562 98,418


D. Sankey Limited (Registered number: 08434272)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 140,393 148,690
Other debtors 4,895 8,242
145,288 156,932

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,019 9,769
Trade creditors 21,818 25,265
Taxation and social security 186,368 93,622
Other creditors 124,518 128,918
342,723 257,574

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 19,723 29,872
Other creditors 328,559 295,640
348,282 325,512

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

10. RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed the directors the sum of £428,559 (2023 - £395,640).

This loan is unsecured, interest free and £328,559 is repayable after more than one year..

Dividends were paid to directors in the year totalling £58,500 (2023 - £70,000).