Company Registration No. 07943135 (England and Wales)
Doguslar Ltd
Unaudited accounts
for the year ended 29 February 2024
Doguslar Ltd
Unaudited accounts
Contents
Doguslar Ltd
Company Information
for the year ended 29 February 2024
Company Number
07943135 (England and Wales)
Registered Office
201 Royal College Street
London
NW1 0SG
England
Accountants
DNG Associates
214 Baker Street
Enfield
London
EN1 3JT
Doguslar Ltd
Statement of financial position
as at 29 February 2024
Tangible assets
18,199
17,371
Cash at bank and in hand
2,866
7,289
Creditors: amounts falling due within one year
(13,923)
(13,831)
Net current assets
11,865
20,591
Total assets less current liabilities
30,064
37,962
Creditors: amounts falling due after more than one year
(11,686)
(21,686)
Called up share capital
100
100
Profit and loss account
18,278
16,176
Shareholders' funds
18,378
16,276
For the year ending 29 February 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 7 November 2024 and were signed on its behalf by
Mr T Toguz
Director
Company Registration No. 07943135
Doguslar Ltd
Notes to the Accounts
for the year ended 29 February 2024
Doguslar Ltd is a private company, limited by shares, registered in England and Wales, registration number 07943135. The registered office and principal place of business is 201 Royal College Street, London, NW1 0SG, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
6% - Reducing balance method
Fixtures & fittings
18% - Reducing balance method
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Doguslar Ltd
Notes to the Accounts
for the year ended 29 February 2024
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 March 2023
18,000
13,000
31,000
At 29 February 2024
18,000
15,495
33,495
At 1 March 2023
2,095
11,534
13,629
Charge for the year
954
713
1,667
At 29 February 2024
3,049
12,247
15,296
At 29 February 2024
14,951
3,248
18,199
At 28 February 2023
15,905
1,466
17,371
Amounts falling due within one year
Accrued income and prepayments
-
1,763
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,000
10,000
Taxes and social security
127
1,377
Loans from directors
2,010
599
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Transactions with related parties
Included within other creditors is an amount of £2,010 (2023;£599) due to its directors. There are no terms as to interest or repayment in respect of this balance.
Doguslar Ltd
Notes to the Accounts
for the year ended 29 February 2024
10
Average number of employees
During the year the average number of employees was 3 (2023: 3).