DAYKINS ACCOUNTANCY LTD

Company Registration Number:
07643218 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

DAYKINS ACCOUNTANCY LTD

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Notes

DAYKINS ACCOUNTANCY LTD

Balance sheet

As at 30 April 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 1,069 1,076
Total fixed assets: 1,069 1,076
Current assets
Debtors: 4 8,704 5,610
Cash at bank and in hand: 11 2,716
Total current assets: 8,715 8,326
Creditors: amounts falling due within one year: 5 (11,775) (9,920)
Net current assets (liabilities): (3,060) (1,594)
Total assets less current liabilities: (1,991) (518)
Total net assets (liabilities): (1,991) (518)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (2,091) (618)
Shareholders funds: (1,991) (518)

The notes form part of these financial statements

DAYKINS ACCOUNTANCY LTD

Balance sheet statements

For the year ending 30 April 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 15 November 2024
and signed on behalf of the board by:

Name: Mr P J Daykin
Status: Director

The notes form part of these financial statements

DAYKINS ACCOUNTANCY LTD

Notes to the Financial Statements

for the Period Ended 30 April 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

Income is recognised when work has been undertaken and clients invoiced.

Tangible fixed assets and depreciation policy

Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life. Equipment 25% straight line.

Other accounting policies

1. Taxation. Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively. Corporation tax payable is provided on taxable profits at the current rate. 2. Short Term Debtors and Creditors. Debtors and creditors receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in profit and loss. 3. Cash and Cash Equivalents. Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. 4. Employee Benefits. The obligations for contributions to defined contribution scheme are recognised as an expense as incurred. The assets of the scheme are held separately from those of the Company in an independent administered fund.

DAYKINS ACCOUNTANCY LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

2. Employees

2024 2023
Average number of employees during the period 2 2

DAYKINS ACCOUNTANCY LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Tangible Assets

Total
Cost £
At 01 May 2023 7,225
Additions 658
At 30 April 2024 7,883
Depreciation
At 01 May 2023 6,149
Charge for year 665
At 30 April 2024 6,814
Net book value
At 30 April 2024 1,069
At 30 April 2023 1,076

DAYKINS ACCOUNTANCY LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Debtors

2024 2023
££
Debtors due after more than one year: 0 0

DAYKINS ACCOUNTANCY LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Creditors: amounts falling due within one year note

Bank loans and overdraft £1,025. Trade creditors £1,518. Corporation Tax £7,631. Other Taxes and Social Security £15. Director's loan account £827. Accruals £759.