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REGISTERED NUMBER: 14635556 (England and Wales)















DBL SYSTEMS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

2 FEBRUARY 2023 TO 28 FEBRUARY 2024






DBL SYSTEMS LIMITED (REGISTERED NUMBER: 14635556)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 2 FEBRUARY 2023 TO 28 FEBRUARY 2024










Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


DBL SYSTEMS LIMITED

COMPANY INFORMATION
FOR THE PERIOD 2 FEBRUARY 2023 TO 28 FEBRUARY 2024







Director: L Davies





Registered office: 14 High Street
Hampton Wick
Middlesex
KT1 4DB





Registered number: 14635556 (England and Wales)





Accountants: John Davies and Co
St Andrews House
Yale Business Village
Ellice Way
Wrexham
Wrexham CB
LL13 7YL

DBL SYSTEMS LIMITED (REGISTERED NUMBER: 14635556)

BALANCE SHEET
28 FEBRUARY 2024

Notes £    £   
Fixed assets
Tangible assets 4 11,115

Current assets
Stocks 649
Debtors 5 39,281
Cash at bank 10,878
50,808
Creditors
Amounts falling due within one year 6 22,932
Net current assets 27,876
Total assets less current liabilities 38,991

Provisions for liabilities 2,779
Net assets 36,212

Capital and reserves
Called up share capital 1
Retained earnings 36,211
Shareholders' funds 36,212

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

DBL SYSTEMS LIMITED (REGISTERED NUMBER: 14635556)

BALANCE SHEET - continued
28 FEBRUARY 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 Income statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 October 2024 and were signed by:





L Davies - Director


DBL SYSTEMS LIMITED (REGISTERED NUMBER: 14635556)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 2 FEBRUARY 2023 TO 28 FEBRUARY 2024


1. Statutory information

DBL Systems 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.
Plant and machinery - 20% on reducing balance
Vans - 25% on reducing balance
Office Equipment - 20% on reducing balance

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 period 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.

DBL SYSTEMS LIMITED (REGISTERED NUMBER: 14635556)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 2 FEBRUARY 2023 TO 28 FEBRUARY 2024


3. Employees and directors

The average number of employees during the period was 4 .

4. Tangible fixed assets
Plant and Office
machinery Vans Equipment Totals
£    £    £    £   
Cost
Additions 283 500 11,999 12,782
At 28 February 2024 283 500 11,999 12,782
Depreciation
Charge for period 47 100 1,520 1,667
At 28 February 2024 47 100 1,520 1,667
Net book value
At 28 February 2024 236 400 10,479 11,115

5. Debtors: amounts falling due within one year
£   
Trade debtors 24,053
Other debtors 15,228
39,281

6. Creditors: amounts falling due within one year
£   
Trade creditors 1,670
Taxation and social security 20,086
Other creditors 1,176
22,932

7. Related party disclosures

Included in other creditors is a directors loan account balance. The balance as at 29 February 2024 was £215
No interest is being charged on this loan and the balances are repayable on demand.

Within other debtors £407 is owing from LBM Copiers Limited and £13,778 from CLD Computers Limited, Luke Davies owns 30% and 50% respectively in these companies.