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Company Registration No. 09131506 (England and Wales)
D'Angeli & Son Ltd Unaudited accounts for the year ended 31 July 2024
D'Angeli & Son Ltd Unaudited accounts Contents
Page
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D'Angeli & Son Ltd Company Information for the year ended 31 July 2024
Director
Mr Nicholas D'Angeli
Company Number
09131506 (England and Wales)
Registered Office
POST OFFICE VAULTS 4 MARKET PLACE WANTAGE OX12 8AT United Kingdom
Accountants
J JENKIN & ASSOCIATES LIMITED POST OFFICE VAULTS 4 MARKET PLACE WANTAGE OXFORDSHIRE OX12 8AT
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D'Angeli & Son Ltd Accountants' report
Accountants' report to the director of D'Angeli & Son Ltd on the preparation of the unaudited statutory accounts for the year ended 31 July 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of D'Angeli & Son Ltd for the year ended 31 July 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 D'Angeli & Son Ltd, as a body, in accordance with the terms of our engagement letter dated 1 July 2019. Our work has been undertaken solely to prepare for your approval the accounts of D'Angeli & Son 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 D'Angeli & Son Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that D'Angeli & Son 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 D'Angeli & Son Ltd. You consider that D'Angeli & Son 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 D'Angeli & Son 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.
J JENKIN & ASSOCIATES LIMITED POST OFFICE VAULTS 4 MARKET PLACE WANTAGE OXFORDSHIRE OX12 8AT 25 September 2024
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D'Angeli & Son Ltd Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
12,030 
16,040 
Current assets
Inventories
41,756 
69,992 
Debtors
19,821 
17,327 
Cash at bank and in hand
(6,665)
(11,940)
54,912 
75,379 
Creditors: amounts falling due within one year
(35,496)
(59,204)
Net current assets
19,416 
16,175 
Total assets less current liabilities
31,446 
32,215 
Creditors: amounts falling due after more than one year
(28,144)
- 
Net assets
3,302 
32,215 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
3,202 
32,115 
Shareholders' funds
3,302 
32,215 
For the year ending 31 July 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 26 September 2024 and were signed on its behalf by
Mr Nicholas D'Angeli Director Company Registration No. 09131506
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D'Angeli & Son Ltd Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
D'Angeli & Son Ltd is a private company, limited by shares, registered in England and Wales, registration number 09131506. The registered office is POST OFFICE VAULTS, 4 MARKET PLACE, WANTAGE, OX12 8AT, United Kingdom.
2
Compliance with accounting standards
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2023
32,023 
449 
32,472 
At 31 July 2024
32,023 
449 
32,472 
Depreciation
At 1 August 2023
16,090 
342 
16,432 
Charge for the year
3,983 
27 
4,010 
At 31 July 2024
20,073 
369 
20,442 
Net book value
At 31 July 2024
11,950 
80 
12,030 
At 31 July 2023
15,933 
107 
16,040 
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D'Angeli & Son Ltd Notes to the Accounts for the year ended 31 July 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
5,576 
Amounts due from group undertakings etc.
15,621 
11,751 
Other debtors
4,200 
- 
19,821 
17,327 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
6,315 
6,315 
VAT
2,618 
1,287 
Trade creditors
- 
22,226 
Taxes and social security
28,890 
29,368 
Loans from directors
(2,327)
8 
35,496 
59,204 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
28,144 
- 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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