G.J. Dixon Limited 14478914 false 2022-11-11 2023-11-30 2023-11-30 The principal activity of the company is specialised construction activities Digita Accounts Production Advanced 6.30.9574.0 true true 14478914 2022-11-11 2023-11-30 14478914 2023-11-30 14478914 core:CurrentFinancialInstruments 2023-11-30 14478914 core:CurrentFinancialInstruments core:WithinOneYear 2023-11-30 14478914 core:PlantMachinery 2023-11-30 14478914 1 2023-11-30 14478914 bus:SmallEntities 2022-11-11 2023-11-30 14478914 bus:AuditExemptWithAccountantsReport 2022-11-11 2023-11-30 14478914 bus:FilletedAccounts 2022-11-11 2023-11-30 14478914 bus:SmallCompaniesRegimeForAccounts 2022-11-11 2023-11-30 14478914 bus:RegisteredOffice 2022-11-11 2023-11-30 14478914 bus:Director1 2022-11-11 2023-11-30 14478914 bus:PrivateLimitedCompanyLtd 2022-11-11 2023-11-30 14478914 core:PlantMachinery 2022-11-11 2023-11-30 14478914 countries:EnglandWales 2022-11-11 2023-11-30 14478914 1 2022-11-11 2023-11-30 14478914 1 2022-11-10 iso4217:GBP xbrli:pure

Registration number: 14478914

G.J. Dixon Limited

Unaudited Filleted Financial Statements

for the Period from 11 November 2022 to 30 November 2023

 

G.J. Dixon Limited

Contents

Statement of Financial Position

1

Notes to the Unaudited Financial Statements

2 to 5

 

G.J. Dixon Limited

(Registration number: 14478914)
Statement of Financial Position as at 30 November 2023

Note

2023
£

Current assets

 

Debtors

5

400

Capital and reserves

 

Called up share capital

100

Profit and loss account

300

Shareholders' funds

 

400

For the financial period ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Statement of Comprehensive Income.

Approved and authorised by the director on 17 October 2024
 


Mr G J Dixon
Director

 

G.J. Dixon Limited

Notes to the Unaudited Financial Statements for the Period from 11 November 2022 to 30 November 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
7C Cranmere Road
Okehampton
Devon
EX20 1UE

Principal activity

The principal activity of the company is specialised construction activities

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling which is the functional currency of the entity.

Going concern

The financial statements have been prepared on a going concern basis.

 

G.J. Dixon Limited

Notes to the Unaudited Financial Statements for the Period from 11 November 2022 to 30 November 2023 (continued)

2

Accounting policies (continued)

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and Machinery

50% straight line

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

 

G.J. Dixon Limited

Notes to the Unaudited Financial Statements for the Period from 11 November 2022 to 30 November 2023 (continued)

2

Accounting policies (continued)

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. In the statement of financial position, bank overdrafts are shown within borrowing or current liabilities

Financial instruments

Recognition and measurement
A financial asset or a financial liability is recognised only when the company becomes party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

4

Tangible assets

Plant and machinery
£

Total
£

Cost or valuation

Additions

1,423

1,423

Disposals

(1,423)

(1,423)

At 30 November 2023

-

-

Depreciation

Carrying amount

At 30 November 2023

-

-

 

G.J. Dixon Limited

Notes to the Unaudited Financial Statements for the Period from 11 November 2022 to 30 November 2023 (continued)

5

Debtors

2023
£

Other debtors

400

400

6

Reserves

Profit and loss account:

This reserve records retained earnings and accumulated losses.

7

Related party transactions

Transactions with the director

2023

At 11 November 2022
£

Advances to director
£

Repayments by director
£

At 30 November 2023
£

-

(17,954)

17,554

(400)