IRIS Accounts Production v24.2.0.383 01365683 director 1.1.23 31.12.23 31.12.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh013656832022-12-31013656832023-12-31013656832023-01-012023-12-31013656832021-12-31013656832022-01-012022-12-31013656832022-12-3101365683ns15:EnglandWales2023-01-012023-12-3101365683ns14:PoundSterling2023-01-012023-12-3101365683ns10:Director12023-01-012023-12-3101365683ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3101365683ns10:SmallEntities2023-01-012023-12-3101365683ns10:AuditExemptWithAccountantsReport2023-01-012023-12-3101365683ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3101365683ns10:AbridgedAccounts2023-01-012023-12-3101365683ns10:OrdinaryShareClass12023-01-012023-12-3101365683ns10:CompanySecretary12023-01-012023-12-3101365683ns10:RegisteredOffice2023-01-012023-12-3101365683ns5:CurrentFinancialInstruments2023-12-3101365683ns5:CurrentFinancialInstruments2022-12-3101365683ns5:Non-currentFinancialInstruments2023-12-3101365683ns5:Non-currentFinancialInstruments2022-12-3101365683ns5:ShareCapital2023-12-3101365683ns5:ShareCapital2022-12-3101365683ns5:RetainedEarningsAccumulatedLosses2023-12-3101365683ns5:PlantMachinery2023-01-012023-12-3101365683ns5:FurnitureFittings2023-01-012023-12-3101365683ns5:ComputerEquipment2023-01-012023-12-3101365683ns10:OrdinaryShareClass12023-12-31
REGISTERED NUMBER: 01365683 (England and Wales)














C J & A J Dixon Limited

Unaudited Financial Statements

For The Year Ended 31 December 2023






C J & A J Dixon Limited (Registered number: 01365683)






Contents of the Financial Statements
For The Year Ended 31 December 2023




Page

Company Information 1

Chartered Accountants' Report 2

Abridged Balance Sheet 3

Notes to the Financial Statements 5


C J & A J Dixon Limited

Company Information
For The Year Ended 31 December 2023







DIRECTOR: C J Dixon



SECRETARY: Ms N O' Sullivan



REGISTERED OFFICE: 23 Prospect Street
Bridlington
East Yorkshire
YO15 2AE



REGISTERED NUMBER: 01365683 (England and Wales)



ACCOUNTANTS: Charles A. Wood & Co.
Chartered Accountants
15 Prospect Street
Bridlington
East Yorkshire
YO15 2AE



BANKERS: Barclays Bank plc
PO Box 13
St Nicholas Street
Scarborough
North Yorkshire
YO11 2HS

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
C J & A J Dixon Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of C J & A J Dixon Limited for the year ended 31 December 2023 which comprise the Income Statement, Abridged Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of C J & A J Dixon Limited in accordance with the terms of our engagement letter dated 27 September 2019. Our work has been undertaken solely to prepare for your approval the financial statements of C J & A J Dixon Limited and state those matters that we have agreed to state to the director of C J & A J Dixon Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than C J & A J Dixon Limited and its director for our work or for this report.

It is your duty to ensure that C J & A J Dixon Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of C J & A J Dixon Limited. You consider that C J & A J Dixon Limited 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 financial statements of C J & A J Dixon Limited. 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 financial statements.






Charles A. Wood & Co.
Chartered Accountants
15 Prospect Street
Bridlington
East Yorkshire
YO15 2AE


27 August 2024

C J & A J Dixon Limited (Registered number: 01365683)

Abridged Balance Sheet
31 December 2023

2023 2022
as restated
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,898 6,868

CURRENT ASSETS
Stocks 1,403,249 1,131,419
Debtors 23,047 16,970
Cash at bank and in hand 246,724 477,403
1,673,020 1,625,792
CREDITORS
Amounts falling due within one year 88,442 36,100
NET CURRENT ASSETS 1,584,578 1,589,692
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,590,476

1,596,560

CREDITORS
Amounts falling due after more than one
year

(270,000

)

(270,000

)

PROVISIONS FOR LIABILITIES (1,475 ) (1,717 )
NET ASSETS 1,319,001 1,324,843

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 1,318,901 1,324,743
SHAREHOLDERS' FUNDS 1,319,001 1,324,843

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 director acknowledges his 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.

C J & A J Dixon Limited (Registered number: 01365683)

Abridged 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director and authorised for issue on 27 August 2024 and were signed by:





C J Dixon - Director


C J & A J Dixon Limited (Registered number: 01365683)

Notes to the Financial Statements
For The Year Ended 31 December 2023

1. STATUTORY INFORMATION

C J & A J Dixon 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment and website - 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.

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 4 (2022 - 4 ) .

C J & A J Dixon Limited (Registered number: 01365683)

Notes to the Financial Statements - continued
For The Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2023 60,674
Additions 815
Disposals (1,571 )
At 31 December 2023 59,918
DEPRECIATION
At 1 January 2023 53,806
Charge for year 1,779
Eliminated on disposal (1,565 )
At 31 December 2023 54,020
NET BOOK VALUE
At 31 December 2023 5,898
At 31 December 2022 6,868

5. LOANS

Details of shares shown as liabilities are as follows:

Allotted, Issued and fully paid:Nominal 20232022
Number:Class:value:££
270,000Redeemable Preference£1270,000270,000

The Redeemable Preference Shares are redeemable at par value at the Company's option upon the delivery of 3 months written notice. The Redeemable Preference shareholders are not entitled to received notice of, attend or vote at any general meeting, or to vote on a written resolution of the Company, except for an Ordinary Resolution to declare a Preference Dividend in accordance with the Articles of Association. The holders of the Redeemable Preference Shares are deemed to have the voting rights for the purposes of requisitioning a general meeting or requiring circulation of a written resolution solely for the purposes of passing such an ordinary resolution.The Redeemable Preference Shares are entitled to receive back the paid up share capital on these shares in priority to any other class of share, on the winding up, sale or any other return of capital of the Company, but do not entitle the holders therof to participate further in the distribution of any surplus assets. The holders of the Redeemable Preference Shares may, by Ordinary Resolution, declare a Preference Dividend in respect of any accounting period provided that 1) the Ordinary Resolution is passed before the end of the Accounting Period, 2) an interim dividend has been declared or a final dividend recommended by the Directors on the Ordinary Shares for that period, and 3) the Preference Dividend declared does not exceed the annual rate of 5% of the capital paid up on each Redeemable Preference share.

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: as restated
£    £   
100 Ordinary £1 100 100

The Ordinary Shares are not redeemable. Each Ordinary share has full rights of the Company with respect to Voting, Dividend and Capital distribution, subject to the rights of the Redeemable Preference Shares set out above.

C J & A J Dixon Limited (Registered number: 01365683)

Notes to the Financial Statements - continued
For The Year Ended 31 December 2023

7. RELATED PARTY DISCLOSURES

The following balances were due to the Director:
2023 2022
£    £   
C J Dixon 1,000 -

8. ULTIMATE CONTROLLING PARTY

The controlling party is C J Dixon.