Registered number
08811486
Daniel Sheppard Farriery Limited
Accounts
For the Year Ended
31 December 2023
Oakensen
Chartered Accountants
Unit 2, Bryer Ash Business Park
Trowbridge
Wiltshire
BA14 8HE
Daniel Sheppard Farriery Limited
Registered number: 08811486
Balance Sheet
as at 31 December 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 1,095 313
Current assets
Stocks 760 299
Debtors 4 1,511 1,372
Prepayments 822 724
Cash at bank and in hand 30,753 28,405
33,846 30,800
Creditors: amounts falling due within one year 5 (8,802) (9,414)
Net current assets 25,044 21,386
Total assets less current liabilities 26,139 21,699
Creditors: amounts falling due after more than one year 6 (14,748) (10,899)
Net assets 11,391 10,800
Capital and reserves
Called up share capital 100 100
Profit and loss account 11,291 10,700
Shareholder's funds 11,391 10,800
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
D J Sheppard
Director
Approved by the board on 23 September 2024
Daniel Sheppard Farriery Limited
Notes to the Accounts
for the year ended 31 December 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover is recognised when the service is completed.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulated depreciation and any impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Motor vehicles 7 years
Equipment 7 years
Office equipment 3 years
Debtors
Short term debtors are measured at transaction price, which is usually the invoice price, less any bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price, which is usually the invoice price.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Equipment Plant and Machinery Total
£ £ £
Cost
At 1 January 2023 3,189 11,301 14,490
Additions 1,460 - 1,460
Disposals (928) - (928)
At 31 December 2023 3,721 11,301 15,022
Depreciation
At 1 January 2023 2,877 11,300 14,177
Charge for the year 368 - 368
On disposals (618) - (618)
At 31 December 2023 2,627 11,300 13,927
Net book value
At 31 December 2023 1,094 1 1,095
At 31 December 2022 312 1 313
4 Debtors 2023 2022
£ £
Trade debtors 1,329 1,372
Other debtors 182 -
1,511 1,372
5 Creditors: amounts falling due within one year 2023 2022
£ £
Taxation and social security costs 6,992 6,850
Other creditors 1,810 2,564
8,802 9,414
6 Creditors: amounts falling due after one year 2023 2022
£ £
Other creditors 14,748 10,899
7 Other information
Daniel Sheppard Farriery Limited is a private company limited by shares and incorporated in England. Its registered office is:
13 Folly Field
Bradford on Avon
Wiltshire
BA15 1XA
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