Company registration number 09533426 (England and Wales)
TREVOR DAWSON LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
PAGES FOR FILING WITH REGISTRAR
TREVOR DAWSON LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 7
TREVOR DAWSON LIMITED
BALANCE SHEET
AS AT
31 MAY 2024
31 May 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Intangible assets
3
16,247
20,310
Tangible assets
4
26,663
29,505
42,910
49,815
Current assets
Stocks
15,000
15,000
Debtors
5
156,588
92,608
Cash at bank and in hand
233,830
251,297
405,418
358,905
Creditors: amounts falling due within one year
6
(326,051)
(273,039)
Net current assets
79,367
85,866
Total assets less current liabilities
122,277
135,681
Provisions for liabilities
(6,666)
(7,377)
Net assets
115,611
128,304
Capital and reserves
Called up share capital
7
150
150
Profit and loss reserves
115,461
128,154
Total equity
115,611
128,304
TREVOR DAWSON LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MAY 2024
31 May 2024
- 2 -

For the financial year ended 31 May 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 of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 23 October 2024 and are signed on its behalf by:
Mrs C E James
Director
Company registration number 09533426 (England and Wales)
TREVOR DAWSON LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
- 3 -
1
Accounting policies
Company information

Trevor Dawson Limited is a private company limited by shares incorporated in England and Wales. The registered office is Capricorn House, Capricorn Park, Blakewater Road, Blackburn, Lancashire, BB1 5QR.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

Atruet the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT.

1.4
Intangible fixed assets - goodwill

Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life, which is ten years.

1.5
Intangible fixed assets other than goodwill

Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Software
33% on cost
1.6
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Leasehold improvements
2% straight line
Fixtures and fittings
15% reducing balance
TREVOR DAWSON LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2024
1
Accounting policies
(Continued)
- 4 -

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.7
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.8
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

 

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

 

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

1.9
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.10
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

1.11
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

 

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

 

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.12
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

TREVOR DAWSON LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2024
1
Accounting policies
(Continued)
- 5 -
1.13
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
7
8
3
Intangible fixed assets
Goodwill
Other
Total
£
£
£
Cost
At 1 June 2023 and 31 May 2024
50,000
1,298
51,298
Amortisation and impairment
At 1 June 2023
29,690
1,298
30,988
Amortisation charged for the year
4,063
-
0
4,063
At 31 May 2024
33,753
1,298
35,051
Carrying amount
At 31 May 2024
16,247
-
0
16,247
At 31 May 2023
20,310
-
0
20,310
TREVOR DAWSON LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2024
- 6 -
4
Tangible fixed assets
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 1 June 2023
13,343
42,575
55,918
Additions
-
0
44
44
At 31 May 2024
13,343
42,619
55,962
Depreciation and impairment
At 1 June 2023
1,295
25,118
26,413
Depreciation charged in the year
267
2,619
2,886
At 31 May 2024
1,562
27,737
29,299
Carrying amount
At 31 May 2024
11,781
14,882
26,663
At 31 May 2023
12,048
17,457
29,505
5
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
139,104
84,258
Other debtors
17,484
8,350
156,588
92,608
6
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
19,742
25,397
Corporation tax
104,908
65,285
Other taxation and social security
65,038
55,688
Other creditors
136,363
126,669
326,051
273,039
TREVOR DAWSON LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2024
- 7 -
7
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
A Ordinary shares of 1p each
4,200
4,200
42
42
B Ordinary shares of 1p each
4,200
4,200
42
42
C Ordinary shares of 1p each
3,300
3,300
33
33
D Ordinary shares of 1p each
3,300
3,300
33
33
15,000
15,000
150
150
8
Operating lease commitments
Lessee

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2024
2023
£
£
33,145
65,104
2024-05-312023-06-01false24 October 2024CCH SoftwareCCH Accounts Production 2024.200No description of principal activityMr J B RawsonMrs C E JamesMr P M ConroyMr I C WhitesideMr M J Cavannaghfalsefalse095334262023-06-012024-05-31095334262024-05-31095334262023-05-3109533426core:NetGoodwill2024-05-3109533426core:IntangibleAssetsOtherThanGoodwill2024-05-3109533426core:NetGoodwill2023-05-3109533426core:IntangibleAssetsOtherThanGoodwill2023-05-3109533426core:LandBuildings2024-05-3109533426core:OtherPropertyPlantEquipment2024-05-3109533426core:LandBuildings2023-05-3109533426core:OtherPropertyPlantEquipment2023-05-3109533426core:CurrentFinancialInstrumentscore:WithinOneYear2024-05-3109533426core:CurrentFinancialInstrumentscore:WithinOneYear2023-05-3109533426core:CurrentFinancialInstruments2024-05-3109533426core:CurrentFinancialInstruments2023-05-3109533426core:ShareCapital2024-05-3109533426core:ShareCapital2023-05-3109533426core:RetainedEarningsAccumulatedLosses2024-05-3109533426core:RetainedEarningsAccumulatedLosses2023-05-3109533426core:ShareCapitalOrdinaryShares2024-05-3109533426core:ShareCapitalOrdinaryShares2023-05-3109533426bus:Director22023-06-012024-05-3109533426core:Goodwill2023-06-012024-05-3109533426core:IntangibleAssetsOtherThanGoodwill2023-06-012024-05-3109533426core:ComputerSoftware2023-06-012024-05-3109533426core:LeaseholdImprovements2023-06-012024-05-3109533426core:FurnitureFittings2023-06-012024-05-31095334262022-06-012023-05-3109533426core:NetGoodwill2023-05-3109533426core:IntangibleAssetsOtherThanGoodwill2023-05-31095334262023-05-3109533426core:NetGoodwill2023-06-012024-05-3109533426core:LandBuildings2023-05-3109533426core:OtherPropertyPlantEquipment2023-05-3109533426core:LandBuildings2023-06-012024-05-3109533426core:OtherPropertyPlantEquipment2023-06-012024-05-3109533426core:WithinOneYear2024-05-3109533426core:WithinOneYear2023-05-3109533426bus:PrivateLimitedCompanyLtd2023-06-012024-05-3109533426bus:SmallCompaniesRegimeForAccounts2023-06-012024-05-3109533426bus:FRS1022023-06-012024-05-3109533426bus:AuditExemptWithAccountantsReport2023-06-012024-05-3109533426bus:Director12023-06-012024-05-3109533426bus:Director32023-06-012024-05-3109533426bus:Director42023-06-012024-05-3109533426bus:Director52023-06-012024-05-3109533426bus:FullAccounts2023-06-012024-05-31xbrli:purexbrli:sharesiso4217:GBP