0 false false false false false false false false false true false false false false false false No description of principal activity 2023-01-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 09897772 2023-01-01 2023-12-31 09897772 2023-12-31 09897772 2022-12-31 09897772 2022-01-01 2022-12-31 09897772 2022-12-31 09897772 2021-12-31 09897772 bus:Director1 2023-01-01 2023-12-31 09897772 bus:Director3 2023-01-01 2023-12-31 09897772 core:WithinOneYear 2023-12-31 09897772 core:WithinOneYear 2022-12-31 09897772 core:ShareCapital 2023-12-31 09897772 core:ShareCapital 2022-12-31 09897772 core:RetainedEarningsAccumulatedLosses 2023-12-31 09897772 core:RetainedEarningsAccumulatedLosses 2022-12-31 09897772 bus:Director1 2022-12-31 09897772 bus:Director1 2023-12-31 09897772 bus:Director3 2022-12-31 09897772 bus:Director3 2023-12-31 09897772 bus:Director1 2021-12-31 09897772 bus:Director1 2022-12-31 09897772 bus:Director3 2021-12-31 09897772 bus:Director3 2022-12-31 09897772 bus:Director1 2022-01-01 2022-12-31 09897772 bus:Director3 2022-01-01 2022-12-31 09897772 bus:SmallEntities 2023-01-01 2023-12-31 09897772 bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 09897772 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 09897772 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 09897772 bus:FullAccounts 2023-01-01 2023-12-31
COMPANY REGISTRATION NUMBER: 09897772
DXN Building Solutions Limited
Filleted Unaudited Financial Statements
31 December 2023
DXN Building Solutions Limited
Statement of Financial Position
31 December 2023
2023
2022
Note
£
£
£
Current assets
Debtors
5
144
320
Cash at bank and in hand
51,721
52,227
--------
--------
51,865
52,547
Creditors: amounts falling due within one year
6
16,521
16,044
--------
--------
Net current assets
35,344
36,503
--------
--------
Total assets less current liabilities
35,344
36,503
--------
--------
Net assets
35,344
36,503
--------
--------
Capital and reserves
Called up share capital
100
100
Profit and loss account
35,244
36,403
--------
--------
Shareholders funds
35,344
36,503
--------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 20 September 2024 , and are signed on behalf of the board by:
M R Dixon Esq
S Dixon Esq
Director
Director
Company registration number: 09897772
DXN Building Solutions Limited
Notes to the Financial Statements
Year ended 31 December 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is TML House, 1a The Anchorage, Gosport, Hampshire, PO12 1LY.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
No significant judgements have been made by the directors in preparing these financial statements.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
4. Staff
The average number of persons employed by the company during the year amounted to Nil (2022: 2 ).
5. Debtors
2023
2022
£
£
Other debtors
144
320
----
----
6. Creditors: amounts falling due within one year
2023
2022
£
£
Corporation tax
256
Other creditors
16,521
15,788
--------
--------
16,521
16,044
--------
--------
7. Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2023
Balance brought forward
Advances/ (credits) to the directors
Balance outstanding
£
£
£
M R Dixon Esq
( 7,399)
( 533)
( 7,932)
S Dixon Esq
( 7,399)
( 532)
( 7,931)
--------
-------
--------
( 14,798)
( 1,065)
( 15,863)
--------
-------
--------
2022
Balance brought forward
Advances/ (credits) to the directors
Balance outstanding
£
£
£
M R Dixon Esq
( 6,376)
( 1,023)
( 7,399)
S Dixon Esq
( 6,375)
( 1,024)
( 7,399)
--------
-------
--------
( 12,751)
( 2,047)
( 14,798)
--------
-------
--------