Acorah Software Products - Accounts Production 15.0.600 false true false 18 January 2023 31 March 2024 31 March 2024 NI693822 Mr Jason Dunn iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI693822 2023-01-17 NI693822 2024-03-31 NI693822 2023-01-18 2024-03-31 NI693822 frs-core:CurrentFinancialInstruments 2024-03-31 NI693822 frs-core:Non-currentFinancialInstruments 2024-03-31 NI693822 frs-core:BetweenOneFiveYears 2024-03-31 NI693822 frs-core:PlantMachinery 2024-03-31 NI693822 frs-core:PlantMachinery 2023-01-18 2024-03-31 NI693822 frs-core:PlantMachinery 2023-01-17 NI693822 frs-core:ShareCapital 2024-03-31 NI693822 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 NI693822 frs-bus:PrivateLimitedCompanyLtd 2023-01-18 2024-03-31 NI693822 frs-bus:FilletedAccounts 2023-01-18 2024-03-31 NI693822 frs-bus:SmallEntities 2023-01-18 2024-03-31 NI693822 frs-bus:AuditExempt-NoAccountantsReport 2023-01-18 2024-03-31 NI693822 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-18 2024-03-31 NI693822 frs-bus:Director1 2023-01-18 2024-03-31 NI693822 frs-bus:Director1 2023-01-17 NI693822 frs-bus:Director1 2024-03-31 NI693822 frs-countries:NorthernIreland 2023-01-18 2024-03-31
Registered number: NI693822
Dunn Transport Ltd
Unaudited Financial Statements
For the Period 18 January 2023 to 31 March 2024
Crossan and Co
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: NI693822
31 March 2024
Notes £ £
FIXED ASSETS
Tangible Assets 3 352,090
352,090
CURRENT ASSETS
Debtors 4 14,296
Cash at bank and in hand 6,977
21,273
Creditors: Amounts Falling Due Within One Year 5 (254,523 )
NET CURRENT ASSETS (LIABILITIES) (233,250 )
TOTAL ASSETS LESS CURRENT LIABILITIES 118,840
Creditors: Amounts Falling Due After More Than One Year 6 (88,706 )
NET ASSETS 30,134
CAPITAL AND RESERVES
Called up share capital 8 100
Profit and Loss Account 30,034
SHAREHOLDERS' FUNDS 30,134
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For the period 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 member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Jason Dunn
Director
23/07/2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
1.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
1.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 10
1.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 1
1
3. Tangible Assets
Plant & Machinery
£
Cost
As at 18 January 2023 -
Additions 391,211
As at 31 March 2024 391,211
Depreciation
As at 18 January 2023 -
Provided during the period 39,121
As at 31 March 2024 39,121
...CONTINUED
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Net Book Value
As at 31 March 2024 352,090
As at 18 January 2023 -
4. Debtors
31 March 2024
£
Due within one year
Trade debtors 14,296
14,296
5. Creditors: Amounts Falling Due Within One Year
31 March 2024
£
VAT 2,221
Director's loan account 252,302
254,523
6. Creditors: Amounts Falling Due After More Than One Year
31 March 2024
£
Net obligations under finance lease and hire purchase contracts 88,706
88,706
7. Obligations Under Finance Leases and Hire Purchase
31 March 2024
£
The maturity of these amounts is as follows:
Between one and five years 88,706
8. Share Capital
31 March 2024
£
Allotted, Called up and fully paid 100
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 18 January 2023 Amounts advanced Amounts repaid Amounts written off As at 31 March 2024
£ £ £ £ £
Mr Jason Dunn - 50,538 302,840 - 252,302
The above loan is unsecured, interest free and repayable on demand.
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10. General Information
Dunn Transport Ltd is a private company, limited by shares, incorporated in Northern Ireland, registered number NI693822 . The registered office is 230 Drumrane Road, Limavady, BT49 9LJ.
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