1 January 2024 false No description of principal activity Taxfiler 2024.5 10506245business:PrivateLimitedCompanyLtd2024-01-012024-09-30 105062452023-12-31 105062452024-01-012024-09-30 10506245business:AuditExempt-NoAccountantsReport2024-01-012024-09-30 10506245business:FilletedAccounts2024-01-012024-09-30 105062452024-09-30 10506245business:Director12024-01-012024-09-30 10506245business:RegisteredOffice2024-01-012024-09-30 105062452023-12-31 10506245core:WithinOneYear2024-09-30 10506245core:WithinOneYear2023-12-31 10506245core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 10506245core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 10506245core:CapitalContributionReservecore:PreviouslyStatedAmount2024-09-30 10506245core:CapitalContributionReservecore:PreviouslyStatedAmount2023-12-31 10506245core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 10506245core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 10506245core:PreviouslyStatedAmount2024-09-30 10506245core:PreviouslyStatedAmount2023-12-31 10506245business:SmallEntities2024-01-012024-09-30 10506245countries:EnglandWales2024-01-012024-09-30 10506245core:PlantMachinery2024-01-012024-09-30 10506245core:MotorVehicles2024-01-012024-09-30 10506245core:PlantMachinery2023-12-31 10506245core:MotorVehicles2023-12-31 10506245core:PlantMachinery2024-09-30 10506245core:MotorVehicles2024-09-30 10506245core:AfterOneYear2024-09-30 10506245core:AfterOneYear2023-12-31 105062452023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 10506245 (England and Wales)
DOYIN TRADINGS UK LIMITED Unaudited accounts for the period from 1 January 2024 to 30 September 2024
DOYIN TRADINGS UK LIMITED Unaudited accounts Contents
Page
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DOYIN TRADINGS UK LIMITED Company Information for the period from 1 January 2024 to 30 September 2024
Director
Adebayo ONIYIDE
Company Number
10506245 (England and Wales)
Registered Office
UNIT E3 BELVEDERE BUSINESS POINT CRABTREE MANORWAY NORTH BELVEDERE BELVEDERE DA17 6AX ENGLAND
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DOYIN TRADINGS UK LIMITED Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
22,500 
30,500 
Current assets
Inventories
99,000 
62,212 
Debtors
11,208 
- 
Cash at bank and in hand
56,975 
34,889 
167,183 
97,101 
Creditors: amounts falling due within one year
(133,658)
(97,079)
Net current assets
33,525 
22 
Net assets
56,025 
30,522 
Capital and reserves
Called up share capital
3 
3 
Capital contribution reserve
200,000 
170,000 
Profit and loss account
(143,978)
(139,481)
Shareholders' funds
56,025 
30,522 
For the period ending 30 September 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 14 October 2024 and were signed on its behalf by
Adebayo ONIYIDE Director Company Registration No. 10506245
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DOYIN TRADINGS UK LIMITED Notes to the Accounts for the period from 1 January 2024 to 30 September 2024
1
Statutory information
DOYIN TRADINGS UK LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10506245. The registered office is UNIT E3 BELVEDERE BUSINESS POINT, CRABTREE MANORWAY NORTH, BELVEDERE, BELVEDERE, DA17 6AX, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
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 period, 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.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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.
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
Depreciated Over their useful life of 5 Years
Motor vehicles
Depreciated Over their useful life of 5 years
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DOYIN TRADINGS UK LIMITED Notes to the Accounts for the period from 1 January 2024 to 30 September 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
15,500 
15,000 
30,500 
At 30 September 2024
15,500 
15,000 
30,500 
Depreciation
Charge for the period
3,000 
5,000 
8,000 
At 30 September 2024
3,000 
5,000 
8,000 
Net book value
At 30 September 2024
12,500 
10,000 
22,500 
At 31 December 2023
15,500 
15,000 
30,500 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
11,208 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
133,658 
97,079 
7
Average number of employees
During the period the average number of employees was 1 (2023: 1).
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