IRIS Accounts Production v24.3.0.553 03024959 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh030249592023-03-31030249592024-03-31030249592023-04-012024-03-31030249592022-03-31030249592022-04-012023-03-31030249592023-03-3103024959ns15:EnglandWales2023-04-012024-03-3103024959ns14:PoundSterling2023-04-012024-03-3103024959ns10:Director12023-04-012024-03-3103024959ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3103024959ns10:SmallEntities2023-04-012024-03-3103024959ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3103024959ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3103024959ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3103024959ns10:FullAccounts2023-04-012024-03-3103024959ns10:Director22023-04-012024-03-3103024959ns10:Director32023-04-012024-03-3103024959ns10:RegisteredOffice2023-04-012024-03-3103024959ns5:CurrentFinancialInstruments2024-03-3103024959ns5:CurrentFinancialInstruments2023-03-3103024959ns5:Non-currentFinancialInstruments2024-03-3103024959ns5:Non-currentFinancialInstruments2023-03-3103024959ns5:ShareCapital2024-03-3103024959ns5:ShareCapital2023-03-3103024959ns5:CapitalRedemptionReserve2024-03-3103024959ns5:CapitalRedemptionReserve2023-03-3103024959ns5:RetainedEarningsAccumulatedLosses2024-03-3103024959ns5:RetainedEarningsAccumulatedLosses2023-03-3103024959ns5:LandBuildingsns5:ShortLeaseholdAssets2023-04-012024-03-3103024959ns5:FurnitureFittings2023-04-012024-03-3103024959ns5:ComputerEquipment2023-04-012024-03-3103024959ns5:LandBuildingsns5:ShortLeaseholdAssets2023-03-3103024959ns5:FurnitureFittings2023-03-3103024959ns5:ComputerEquipment2023-03-3103024959ns5:LandBuildingsns5:ShortLeaseholdAssets2024-03-3103024959ns5:FurnitureFittings2024-03-3103024959ns5:ComputerEquipment2024-03-3103024959ns5:LandBuildingsns5:ShortLeaseholdAssets2023-03-3103024959ns5:FurnitureFittings2023-03-3103024959ns5:ComputerEquipment2023-03-3103024959ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3103024959ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-31
REGISTERED NUMBER: 03024959 (England and Wales)















David Sargent And Associates Limited
Trading as
DSA

Unaudited Financial Statements

for the Year Ended 31 March 2024






David Sargent And Associates Limited (Registered number: 03024959)
Trading as DSA






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


David Sargent And Associates Limited
Trading as DSA

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Ms E L Lawrence
Mr A D Sargent
Mr D J Sargent





REGISTERED OFFICE: 13 The Courtyard
Timothy's Bridge Road
Stratford upon Avon
Warwickshire
CV37 9NP





REGISTERED NUMBER: 03024959 (England and Wales)





ACCOUNTANTS: Grenfell James Associates Limited
13 The Courtyard
Timothys Bridge Road
Stratford upon Avon
Warwickshire
CV37 9NP

David Sargent And Associates Limited (Registered number: 03024959)
Trading as DSA

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 11,887 15,935

CURRENT ASSETS
Debtors 5 154,783 190,169
Cash at bank 466,125 831,578
620,908 1,021,747
CREDITORS
Amounts falling due within one year 6 381,614 752,561
NET CURRENT ASSETS 239,294 269,186
TOTAL ASSETS LESS CURRENT
LIABILITIES

251,181

285,121

CREDITORS
Amounts falling due after more than one
year

7

35,105

68,660
NET ASSETS 216,076 216,461

CAPITAL AND RESERVES
Called up share capital 924 924
Capital redemption reserve 76 76
Retained earnings 215,076 215,461
216,076 216,461

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

David Sargent And Associates Limited (Registered number: 03024959)
Trading as DSA

Balance Sheet - continued
31 March 2024


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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 October 2024 and were signed on its behalf by:





Mr D J Sargent - Director


David Sargent And Associates Limited (Registered number: 03024959)
Trading as DSA

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

David Sargent And Associates Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - 10% on cost
Fixtures and fittings - 10% on cost
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 year 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.

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.

David Sargent And Associates Limited (Registered number: 03024959)
Trading as DSA

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Short and Computer
leasehold fittings equipment Totals
£    £    £    £   
COST
At 1 April 2023
and 31 March 2024 33,019 37,203 89,268 159,490
DEPRECIATION
At 1 April 2023 33,019 34,375 76,161 143,555
Charge for year - 287 3,761 4,048
At 31 March 2024 33,019 34,662 79,922 147,603
NET BOOK VALUE
At 31 March 2024 - 2,541 9,346 11,887
At 31 March 2023 - 2,828 13,107 15,935

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 112,133 156,348
Other debtors 42,650 33,821
154,783 190,169

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 17,469 29,824
Trade creditors (280 ) 45,586
Taxation and social security 21,256 54,089
Other creditors 343,169 623,062
381,614 752,561

David Sargent And Associates Limited (Registered number: 03024959)
Trading as DSA

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 20,787 34,603
Other creditors 14,318 34,057
35,105 68,660