DUSEMOND STUDY PROGRAMMES LTD

Company Registration Number:
09843799 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

DUSEMOND STUDY PROGRAMMES LTD

Contents of the Financial Statements

for the Period Ended 31 October 2023

Balance sheet
Notes

DUSEMOND STUDY PROGRAMMES LTD

Balance sheet

As at 31 October 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 9,090 9,281
Total fixed assets: 9,090 9,281
Current assets
Stocks: 12,500 6,500
Debtors:   423,807 233,364
Cash at bank and in hand: 163,167 62,890
Total current assets: 599,474 302,754
Creditors: amounts falling due within one year: 4 (648,468) (487,266)
Net current assets (liabilities): (48,994) (184,512)
Total assets less current liabilities: (39,904) (175,231)
Creditors: amounts falling due after more than one year: 5 (23,209) (46,407)
Total net assets (liabilities): (63,113) (221,638)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (63,213) (221,738)
Shareholders funds: (63,113) (221,638)

The notes form part of these financial statements

DUSEMOND STUDY PROGRAMMES LTD

Balance sheet statements

For the year ending 31 October 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 October 2024
and signed on behalf of the board by:

Name: R J Braun
Status: Director

The notes form part of these financial statements

DUSEMOND STUDY PROGRAMMES LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

Tangible fixed assets and depreciation policy

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. Equipment reducing balance 25%

Valuation and information policy

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs. When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.

Other accounting policies

The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. Taxation represents the sum of tax currently payable and deferred tax. 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. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

DUSEMOND STUDY PROGRAMMES LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

2. Employees

2023 2022
Average number of employees during the period 25 11

DUSEMOND STUDY PROGRAMMES LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Tangible Assets

Total
Cost £
At 01 November 2022 21,998
Additions 1,987
At 31 October 2023 23,985
Depreciation
At 01 November 2022 12,717
Charge for year 2,178
At 31 October 2023 14,895
Net book value
At 31 October 2023 9,090
At 31 October 2022 9,281

DUSEMOND STUDY PROGRAMMES LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Creditors: amounts falling due within one year note

Bank loans and overdrafts £16018 ( £83363) Loans (14650 Payments recived in advance £35442 (£65442), Trade Creditors £556190, (£294141),Other Creditors £195 (£195),Pension Schemes £595 (£Nil),Accruals £23378 (£41419)

DUSEMOND STUDY PROGRAMMES LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

5. Creditors: amounts falling due after more than one year note

Bank Loans (unsecured) £23209 (£46407)

DUSEMOND STUDY PROGRAMMES LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

6. Loans to directors

Name of director receiving advance or credit: R J Braun
Description of the loan: Unsecured variable loan bearing interest at the Official rate
£
Balance at 01 November 2022 50,228
Advances or credits made: 58,919
Advances or credits repaid: 50,228
Balance at 31 October 2023 58,919
Name of director receiving advance or credit: A S Braun
Description of the loan: Unsecured variableloan bearing interest at the Official Rate
£
Balance at 01 November 2022 0
Advances or credits made: 185,126
Balance at 31 October 2023 185,126