IRIS Accounts Production v24.2.0.383 12725622 director 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh127256222023-03-31127256222024-03-31127256222023-04-012024-03-31127256222022-03-31127256222022-04-012023-03-31127256222023-03-3112725622ns15:EnglandWales2023-04-012024-03-3112725622ns14:PoundSterling2023-04-012024-03-3112725622ns10:Director12023-04-012024-03-3112725622ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3112725622ns10:SmallEntities2023-04-012024-03-3112725622ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3112725622ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3112725622ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3112725622ns10:FullAccounts2023-04-012024-03-3112725622ns5:CurrentFinancialInstruments2024-03-3112725622ns5:CurrentFinancialInstruments2023-03-3112725622ns5:Non-currentFinancialInstruments2024-03-3112725622ns5:Non-currentFinancialInstruments2023-03-3112725622ns5:ShareCapital2024-03-3112725622ns5:ShareCapital2023-03-3112725622ns5:RetainedEarningsAccumulatedLosses2024-03-3112725622ns5:RetainedEarningsAccumulatedLosses2023-03-3112725622ns10:RegisteredOffice2023-04-012024-03-3112725622ns5:FurnitureFittings2023-04-012024-03-3112725622ns5:FurnitureFittings2023-03-3112725622ns5:FurnitureFittings2024-03-3112725622ns5:FurnitureFittings2023-03-3112725622ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3112725622ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31
REGISTERED NUMBER: 12725622 (England and Wales)


















Unaudited Financial Statements for the Year Ended 31 March 2024

for

DGH Trade Limited

DGH Trade Limited (Registered number: 12725622)






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




Page

Balance Sheet 1

Notes to the Financial Statements 3


DGH Trade Limited (Registered number: 12725622)

Balance Sheet
31 March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 3,647 5,936

CURRENT ASSETS
Stocks 343,050 245,900
Debtors 5 19,505 28,764
Cash at bank and in hand 26,239 45,777
388,794 320,441
CREDITORS
Amounts falling due within one year 6 (182,416 ) (87,783 )
NET CURRENT ASSETS 206,378 232,658
TOTAL ASSETS LESS CURRENT
LIABILITIES

210,025

238,594

CREDITORS
Amounts falling due after more than one
year

7

(18,193

)

(30,193

)
NET ASSETS 191,832 208,401

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 191,732 208,301
191,832 208,401

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 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.

DGH Trade Limited (Registered number: 12725622)

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 October 2024 and were signed by:





D G Hefferman - Director


DGH Trade Limited (Registered number: 12725622)

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

1. STATUTORY INFORMATION

DGH Trade Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 12725622

Registered office: 37th Floor One Canada Square
Canary Wharf
London
E14 5AA

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.

Turnover
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings - 25% on cost

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

Taxation
Taxation for the year 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.

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 2 (2023 - 2 ) .

DGH Trade Limited (Registered number: 12725622)

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

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 April 2023 7,915
Disposals (621 )
At 31 March 2024 7,294
DEPRECIATION
At 1 April 2023 1,979
Charge for year 1,823
Eliminated on disposal (155 )
At 31 March 2024 3,647
NET BOOK VALUE
At 31 March 2024 3,647
At 31 March 2023 5,936

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 14,950 25,250
Other debtors 4,555 3,514
19,505 28,764

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 18,000 18,000
Trade creditors 7,713 7,263
Amounts owed to group undertakings 16,135 -
Taxation and social security 35,813 47,622
Other creditors 104,755 14,898
182,416 87,783

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 18,193 30,193