Company Registration No. 07196943 (England and Wales)
DIVERS UK (INTERNATIONAL) LTD
Unaudited accounts
for the year ended 31 March 2024
DIVERS UK (INTERNATIONAL) LTD
Unaudited accounts
Contents
DIVERS UK (INTERNATIONAL) LTD
Company Information
for the year ended 31 March 2024
Director
BARRY JOHN SHERWELL
Secretary
LAURA JAYNE SHERWELL
Company Number
07196943 (England and Wales)
Registered Office
C/O LACEY & CO.
238A LONDON ROAD
WATERLOOVILLE
HAMPSHIRE
PO7 7HB
Accountants
LACEY & CO., ACCOUNTANTS
238A LONDON ROAD
WATERLOOVILLE
HAMPSHIRE
PO7 7HB
DIVERS UK (INTERNATIONAL) LTD
Accountants' report
Accountants' report to the director of DIVERS UK (INTERNATIONAL) LTD on the preparation of the unaudited statutory accounts for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
DIVERS UK (INTERNATIONAL) LTD for the year ended
31 March 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of DIVERS UK (INTERNATIONAL) LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of DIVERS UK (INTERNATIONAL) LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than DIVERS UK (INTERNATIONAL) LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that DIVERS UK (INTERNATIONAL) LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of DIVERS UK (INTERNATIONAL) LTD. You consider that DIVERS UK (INTERNATIONAL) LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of DIVERS UK (INTERNATIONAL) LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
LACEY & CO., ACCOUNTANTS
238A LONDON ROAD
WATERLOOVILLE
HAMPSHIRE
PO7 7HB
10 September 2024
DIVERS UK (INTERNATIONAL) LTD
Statement of financial position
as at 31 March 2024
Tangible assets
31,335
35,479
Cash at bank and in hand
56,700
12,833
Creditors: amounts falling due within one year
(20,705)
(26,690)
Net current assets
46,967
27,419
Called up share capital
1,000
1,000
Profit and loss account
77,302
61,898
Shareholders' funds
78,302
62,898
For the year ending 31 March 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 September 2024 and were signed on its behalf by
BARRY JOHN SHERWELL
Director
Company Registration No. 07196943
DIVERS UK (INTERNATIONAL) LTD
Notes to the Accounts
for the year ended 31 March 2024
DIVERS UK (INTERNATIONAL) LTD is a private company, limited by shares, registered in England and Wales, registration number 07196943. The registered office is C/O LACEY & CO., 238A LONDON ROAD, WATERLOOVILLE, HAMPSHIRE, PO7 7HB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention.
The accounts are presented in £ sterling.
The turnover shown in the profit and loss account represents revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. No depreciation is provided on asset disposal and, it is intended that depreciation at the rates stated below will write off the assets over their estimated useful lives:
Plant & machinery
Reducing Balance Method @ 25%
Motor vehicles
Reducing Balance Method @ 25%
Fixtures & fittings
Reducing Balance Method @ 25%
DIVERS UK (INTERNATIONAL) LTD
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
112,453
42,258
3,530
158,241
Additions
10,098
-
-
10,098
Disposals
(9,000)
-
-
(9,000)
At 31 March 2024
113,551
42,258
3,530
159,339
At 1 April 2023
84,638
34,887
3,237
122,762
Charge for the year
8,529
1,843
73
10,445
On disposals
(5,203)
-
-
(5,203)
At 31 March 2024
87,964
36,730
3,310
128,004
At 31 March 2024
25,587
5,528
220
31,335
At 31 March 2023
27,815
7,371
293
35,479
Amounts falling due within one year
Trade debtors
8,972
37,520
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
4,516
172
Loans from directors
8,012
16,390
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).