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Company Registration No. 08274612 (England and Wales)
DJB Financial Solutions Limited Unaudited accounts for the year ended 31 March 2024
DJB Financial Solutions Limited Unaudited accounts Contents
Page
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DJB Financial Solutions Limited Company Information for the year ended 31 March 2024
Director
Mrs D J Burgin
Company Number
08274612 (England and Wales)
Registered Office
2 Exeter Street New Village Road Cottingham East Yorkshire HU16 4LU
Accountants
Kendall Accountancy Services Limited 2 Exeter Street New Village Road Cottingham East Yorkshire HU16 4LU
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DJB Financial Solutions Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,588 
8,315 
Current assets
Debtors
11,090 
11,000 
Cash at bank and in hand
68,674 
61,548 
79,764 
72,548 
Creditors: amounts falling due within one year
(22,411)
(16,454)
Net current assets
57,353 
56,094 
Net assets
63,941 
64,409 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
63,940 
64,408 
Shareholders' funds
63,941 
64,409 
For the year 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 members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 19 September 2024 and were signed on its behalf by
Mrs D J Burgin Director Company Registration No. 08274612
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DJB Financial Solutions Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
DJB Financial Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 08274612. The registered office is 2 Exeter Street, New Village Road, Cottingham, East Yorkshire, HU16 4LU.
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 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:
Motor vehicles
20% wdv
Fixtures & fittings
25% cost
Computer equipment
25% cost
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.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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DJB Financial Solutions Limited Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
10,560 
3,038 
4,182 
17,780 
At 31 March 2024
10,560 
3,038 
4,182 
17,780 
Depreciation
At 1 April 2023
4,027 
2,181 
3,257 
9,465 
Charge for the year
1,307 
378 
42 
1,727 
At 31 March 2024
5,334 
2,559 
3,299 
11,192 
Net book value
At 31 March 2024
5,226 
479 
883 
6,588 
At 31 March 2023
6,533 
857 
925 
8,315 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
11,090 
11,000 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
11,840 
9,177 
Other creditors
17 
17 
Loans from directors
5,554 
1,780 
Accruals
5,000 
5,480 
22,411 
16,454 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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