REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1st August 2022 to 30th July 2023 |
for |
DDTECK LTD |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1st August 2022 to 30th July 2023 |
for |
DDTECK LTD |
DDTECK LTD (REGISTERED NUMBER: 12129397) |
Contents of the Financial Statements |
FOR THE PERIOD 1ST AUGUST 2022 TO 30TH JULY 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
DDTECK LTD |
Company Information |
FOR THE PERIOD 1ST AUGUST 2022 TO 30TH JULY 2023 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
1 Quality Court |
Chancery Lane |
London |
WC2A 1HR |
DDTECK LTD (REGISTERED NUMBER: 12129397) |
Balance Sheet |
30TH JULY 2023 |
30/7/23 | 31/7/22 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 6 | ( |
) | ( |
) |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CREDITORS |
Amounts falling due after more than one year |
7 |
( |
) |
( |
) |
PROVISIONS FOR LIABILITIES | 8 | ( |
) | ( |
) |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) | ( |
) |
( |
) | ( |
) |
The director acknowledges his 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. |
DDTECK LTD (REGISTERED NUMBER: 12129397) |
Balance Sheet - continued |
30TH JULY 2023 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
DDTECK LTD (REGISTERED NUMBER: 12129397) |
Notes to the Financial Statements |
FOR THE PERIOD 1ST AUGUST 2022 TO 30TH JULY 2023 |
1. | STATUTORY INFORMATION |
Ddteck Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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 |
Tangible fixed assets are stated at historical cost less accumulated depreciation and any accumulated |
impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to |
the location and condition necessary for it to be capable of operating in the manner intended by |
management. |
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated |
useful lives, using either a straight line or reducing balance method, as indicated below. |
Depreciation is provided on the following basis: |
Computer equipment - 25% Straight Line |
Fixture & fittings - 25% Straight Line |
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.Gains and losses on disposals are determined by comparing the proceeds with the carrying |
amount and are recognised in profit or loss. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 period 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. |
DDTECK LTD (REGISTERED NUMBER: 12129397) |
Notes to the Financial Statements - continued |
FOR THE PERIOD 1ST AUGUST 2022 TO 30TH JULY 2023 |
2. | ACCOUNTING POLICIES - continued |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
Financial instruments |
The Company only enters into basic financial instruments transactions that result in the recognition of |
financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third |
parties, loans to related parties and investments in non-puttable ordinary shares. |
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting |
period for objective evidence of impairment. If objective evidence of impairment is found, an impairment |
loss is recognised in profit or loss. |
Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is |
an 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. |
Creditors |
Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1st August 2022 |
Additions |
At 30th July 2023 |
DEPRECIATION |
At 1st August 2022 |
Charge for period |
At 30th July 2023 |
NET BOOK VALUE |
At 30th July 2023 |
At 31st July 2022 |
DDTECK LTD (REGISTERED NUMBER: 12129397) |
Notes to the Financial Statements - continued |
FOR THE PERIOD 1ST AUGUST 2022 TO 30TH JULY 2023 |
5. | DEBTORS |
30/7/23 | 31/7/22 |
£ | £ |
Amounts falling due within one year: |
Trade debtors |
Amounts falling due after more than one year: |
Other debtors |
Aggregate amounts |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30/7/23 | 31/7/22 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Amounts owed to group undertakings |
Taxation and social security |
Other creditors |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
30/7/23 | 31/7/22 |
£ | £ |
Bank loans |
Amounts falling due in more than five years: |
Repayable by instalments |
Bank loans more 5 yr by instal | - | 20,874 |
8. | PROVISIONS FOR LIABILITIES |
30/7/23 | 31/7/22 |
£ | £ |
Deferred tax | 1,457 | 365 |
Deferred |
tax |
£ |
Balance at 1st August 2022 |
Provided during period |
Balance at 30th July 2023 |