IRIS Accounts Production v24.2.0.383 14155993 Board of Directors 1.7.23 30.6.24 30.6.24 false true false false true false Ordinary 1.00000 B Ordinary 1.00000 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh141559932023-06-30141559932024-06-30141559932023-07-012024-06-30141559932022-06-06141559932022-06-072023-06-30141559932023-06-3014155993ns15:EnglandWales2023-07-012024-06-3014155993ns14:PoundSterling2023-07-012024-06-3014155993ns10:Director12023-07-012024-06-3014155993ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3014155993ns10:SmallEntities2023-07-012024-06-3014155993ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3014155993ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3014155993ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3014155993ns10:AbridgedAccounts2023-07-012024-06-3014155993ns10:OrdinaryShareClass12023-07-012024-06-3014155993ns10:OrdinaryShareClass22023-07-012024-06-30141559932ns10:OrdinaryShareClass22023-07-012024-06-3014155993ns10:Director22023-07-012024-06-3014155993ns10:RegisteredOffice2023-07-012024-06-3014155993ns5:CurrentFinancialInstruments2024-06-3014155993ns5:CurrentFinancialInstruments2023-06-3014155993ns5:ShareCapital2024-06-3014155993ns5:ShareCapital2023-06-3014155993ns5:RetainedEarningsAccumulatedLosses2024-06-3014155993ns5:RetainedEarningsAccumulatedLosses2023-06-3014155993ns5:PlantMachinery2023-07-012024-06-3014155993ns10:OrdinaryShareClass12024-06-3014155993ns10:OrdinaryShareClass22024-06-30
REGISTERED NUMBER: 14155993 (England and Wales)















Financial Statements for the Year Ended 30 June 2024

for

DG and MJ Associates Ltd

DG and MJ Associates Ltd (Registered number: 14155993)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


DG and MJ Associates Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTORS: D K Garg
Mrs M Jain





REGISTERED OFFICE: 9 Saville Close
Wynyard
Billingham
Cleveland
TS22 5GL





REGISTERED NUMBER: 14155993 (England and Wales)





ACCOUNTANTS: Chrichard & Co
23 Woodland Road
Darlington
Co. Durham
DL3 7BJ

DG and MJ Associates Ltd (Registered number: 14155993)

Abridged Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,103 8,532

CURRENT ASSETS
Debtors 101 100
Cash at bank 9,232 48,222
9,333 48,322
CREDITORS
Amounts falling due within one year (1,024 ) 29,957
NET CURRENT ASSETS 10,357 18,365
TOTAL ASSETS LESS CURRENT
LIABILITIES

17,460

26,897

CAPITAL AND RESERVES
Called up share capital 5 101 100
Retained earnings 17,359 26,797
SHAREHOLDERS' FUNDS 17,460 26,897

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

DG and MJ Associates Ltd (Registered number: 14155993)

Abridged Balance Sheet - continued
30 June 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 June 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 October 2024 and were signed on its behalf by:





D K Garg - Director


DG and MJ Associates Ltd (Registered number: 14155993)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

DG and MJ Associates Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 15% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

DG and MJ Associates Ltd (Registered number: 14155993)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 July 2023 8,532
Additions 799
At 30 June 2024 9,331
DEPRECIATION
Charge for year 2,228
At 30 June 2024 2,228
NET BOOK VALUE
At 30 June 2024 7,103
At 30 June 2023 8,532

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1.00 100 100
1 B Ordinary £1.00 1 -
101 100

1 B Ordinary share of £1.00 was allotted and fully paid for cash at par during the year.