Acorah Software Products - Accounts Production 16.0.110 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 07865862 Mr Alexander Perchevitch Jampro Antennas Inc. 6340 Sky Creek Drive, Sacramento Ca. 95828 USA true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07865862 2023-01-31 07865862 2024-01-31 07865862 2023-02-01 2024-01-31 07865862 frs-core:CurrentFinancialInstruments 2024-01-31 07865862 frs-core:PlantMachinery 2024-01-31 07865862 frs-core:PlantMachinery 2023-02-01 2024-01-31 07865862 frs-core:PlantMachinery 2023-01-31 07865862 frs-core:ShareCapital 2024-01-31 07865862 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 07865862 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 07865862 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 07865862 frs-bus:SmallEntities 2023-02-01 2024-01-31 07865862 frs-bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 07865862 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 07865862 1 2023-02-01 2024-01-31 07865862 frs-bus:Director1 2023-02-01 2024-01-31 07865862 frs-countries:EnglandWales 2023-02-01 2024-01-31 07865862 2022-01-31 07865862 2023-01-31 07865862 2022-02-01 2023-01-31 07865862 frs-core:CurrentFinancialInstruments 2023-01-31 07865862 frs-core:ShareCapital 2023-01-31 07865862 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 07865862
Alan Dick Broadcast Limited
Financial Statements
For The Year Ended 31 January 2024
DJ Coulter & Associates Limited
Chartered Certified Accountants
7 Clarence Parade
Cheltenham
GL50 3NY
Contents
Page
Accountants' Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—7
Page 1
Accountants' Report
Report to the directors on the preparation of the unaudited statutory accounts of Alan Dick Broadcast Limited for the year ended 31 January 2024
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Alan Dick Broadcast Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of Alan Dick Broadcast Limited , as a body, in accordance with the terms of our engagement letter dated 24 August 2016. Our work has been undertaken solely to prepare for your approval the accounts of Alan Dick Broadcast Limited and state those matters that we have agreed to state to the directors of Alan Dick Broadcast Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Alan Dick Broadcast Limited and its directors as a body for our work or for this report.
It is your duty to ensure that Alan Dick Broadcast Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Alan Dick Broadcast Limited . You consider that Alan Dick Broadcast Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Alan Dick Broadcast Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
28th October 2024
DJ Coulter & Associates Limited
Chartered Certified Accountants
7 Clarence Parade
Cheltenham
GL50 3NY
Page 1
Page 2
Balance Sheet
Registered number: 07865862
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,164 2,885
2,164 2,885
CURRENT ASSETS
Stocks 5 200,289 215,731
Debtors 6 664,613 1,114,087
Cash at bank and in hand 417,947 497,649
1,282,849 1,827,467
Creditors: Amounts Falling Due Within One Year 7 (1,048,117 ) (1,196,893 )
NET CURRENT ASSETS (LIABILITIES) 234,732 630,574
TOTAL ASSETS LESS CURRENT LIABILITIES 236,896 633,459
NET ASSETS 236,896 633,459
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 236,895 633,458
SHAREHOLDERS' FUNDS 236,896 633,459
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For the year ending 31 January 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Alexander Perchevitch
Director
28th October 2024
The notes on pages 4 to 7 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Alan Dick Broadcast Limited Registered number 07865862 is a limited by shares company incorporated in England & Wales. The Registered Office is Unit 1 Bay 2, Andoversford Industrial Estate, Cheltenham, Gloucestershire, GL54 4LB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
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2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.7. Taxation
Income tax expense represents the sum of the tax currently payable.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.
Current tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current tax is also recognised in other comprehensive income or directly in equity respectively.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.9. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
2.10. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
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4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 February 2023 17,696
As at 31 January 2024 17,696
Depreciation
As at 1 February 2023 14,811
Provided during the period 721
As at 31 January 2024 15,532
Net Book Value
As at 31 January 2024 2,164
As at 1 February 2023 2,885
5. Stocks
2024 2023
£ £
Stock 200,289 215,731
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 634,777 1,100,870
Prepayments and accrued income 14,543 13,217
VAT 15,293 -
664,613 1,114,087
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 580,648 688,980
Bank loans and overdrafts 706 1,755
Corporation tax - 15,460
Other taxes and social security 3,277 2,928
VAT - 18,284
...CONTINUED
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Page 7
Net wages 2,497 482
Other creditors 459,324 459,554
Accruals and deferred income 1,665 9,450
1,048,117 1,196,893
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
9. Related Party Transactions
Jampro Antennas Inc.Parent Company

Jampro Antennas Inc.

Parent Company

During the year the company received invoices for goods and services from the parent company Jampro Antennas Inc. to the value of £2228,233 (2023: £231,579).
As at 31st January 2024, the outstanding balance of purchase invoices due to Jampro Antennas Inc. by Alan Dick Broadcast Limited was £441,828 (2023: £582,515).
During the year the company raised invoices for goods and services to the parent company Jampro Antennas Inc. to the value of £29,192 (2023: £55,753).
As at 31st January 2024, the outstanding balance of sales invoices due from Jampro Antennas Inc. to Alan Dick Broadcast Limited was £280,128 (2023: £290,251).
The following directors of Alan Dick Broadcast Limited were also directors and shareholders of the parent company Jampro Antennas Inc, a company incorporated in California
Alexander Perchevitch
Douglas Mccabe (resigned 31/07/2023)
Cyndi Sanderson (resigned 05/05/2023)
10. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Jampro Antennas Inc . Jampro Antennas Inc was incorporated in California. Copies of the group accounts may be obtained from the secretary, 6340 Sky Creek Drive, Sacramento Ca. 95828 USA . The ultimate controlling party is Jampro Antennas Inc. who controls 100% of the shares of Alan Dick Broadcast Limited .
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