D.C. STUDHOLME LIMITED

Company Registration Number:
05309826 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

D.C. STUDHOLME LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

D.C. STUDHOLME LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 287,724 255,932
Total fixed assets: 287,724 255,932
Current assets
Stocks: 9,200 9,200
Debtors:   169,853 195,663
Cash at bank and in hand: 119,096 171,480
Total current assets: 298,149 376,343
Creditors: amounts falling due within one year: 4 (108,811) (143,652)
Net current assets (liabilities): 189,338 232,691
Total assets less current liabilities: 477,062 488,623
Creditors: amounts falling due after more than one year: 5 (40,343) (53,921)
Total net assets (liabilities): 436,719 434,702
Capital and reserves
Called up share capital: 50 50
Profit and loss account: 436,669 434,652
Shareholders funds: 436,719 434,702

The notes form part of these financial statements

D.C. STUDHOLME LIMITED

Balance sheet statements

For the year ending 31 March 2024 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 22 October 2024
and signed on behalf of the board by:

Name: D Studholme
Status: Director

The notes form part of these financial statements

D.C. STUDHOLME LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

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 total invoice value, excluding VAT, of the work done during the year.

Tangible fixed assets and depreciation policy

Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life as follows. Motor vehicles, Plant and Machinery and Fixtures and Fittings all at 20% on net book value. The building is not yet completed so no depreciation has been charged.

D.C. STUDHOLME LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 6 6

D.C. STUDHOLME LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 306,797
Additions 47,141
At 31 March 2024 353,938
Depreciation
At 01 April 2023 50,865
Charge for year 15,349
At 31 March 2024 66,214
Net book value
At 31 March 2024 287,724
At 31 March 2023 255,932

D.C. STUDHOLME LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Creditors: amounts falling due within one year note

2024 2023 Trade creditors 34,666 42,904 Corporation tax 55,350 73,771 Other taxes 4,259 12,142 Other creditors 80 155 Accruals 776 1,000 Bank Loans 13,680 13,680 TOTAL 108,811 143,652

D.C. STUDHOLME LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

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

2024 2023 Bank loans 40,343 53,921