0 false false false false false false false false false false true false false false false false false No description of principal activity 2023-03-01 Sage Accounts Production Advanced 2023 - FRS102_2023 3,598 3,598 540 540 3,058 xbrli:pure xbrli:shares iso4217:GBP 13189692 2023-03-01 2024-02-29 13189692 2024-02-29 13189692 2023-02-28 13189692 2022-03-01 2023-02-28 13189692 2023-02-28 13189692 2022-02-28 13189692 core:FurnitureFittings 2023-03-01 2024-02-29 13189692 bus:Director1 2023-03-01 2024-02-29 13189692 core:FurnitureFittings 2023-02-28 13189692 core:WithinOneYear 2024-02-29 13189692 core:WithinOneYear 2023-02-28 13189692 core:ShareCapital 2024-02-29 13189692 core:ShareCapital 2023-02-28 13189692 core:RetainedEarningsAccumulatedLosses 2024-02-29 13189692 core:RetainedEarningsAccumulatedLosses 2023-02-28 13189692 core:FurnitureFittings 2023-02-28 13189692 bus:SmallEntities 2023-03-01 2024-02-29 13189692 bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 13189692 bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 13189692 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 13189692 bus:FullAccounts 2023-03-01 2024-02-29
COMPANY REGISTRATION NUMBER: 13189692
DAG CONSULTANTS LTD
FILLETED UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
29 February 2024
DAG CONSULTANTS LTD
STATEMENT OF FINANCIAL POSITION
29 February 2024
2024
2023
Note
£
£
£
£
FIXED ASSETS
Tangible assets
3
3,058
CURRENT ASSETS
Debtors
4
116,768
Cash at bank and in hand
244
140,611
---------
---------
117,012
140,611
CREDITORS: amounts falling due within one year
5
( 3,905)
( 29,506)
---------
---------
NET CURRENT ASSETS
113,107
111,105
---------
---------
TOTAL ASSETS LESS CURRENT LIABILITIES
113,107
114,163
PROVISIONS
( 581)
---------
---------
NET ASSETS
113,107
113,582
---------
---------
CAPITAL AND RESERVES
Called up share capital
90
90
Profit and loss account
113,017
113,492
---------
---------
SHAREHOLDERS FUNDS
113,107
113,582
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
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.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
DAG CONSULTANTS LTD
STATEMENT OF FINANCIAL POSITION (continued)
29 February 2024
These financial statements were approved by the board of directors and authorised for issue on 26 November 2024 , and are signed on behalf of the board by:
D A Gilman
Director
Company registration number: 13189692
DAG CONSULTANTS LTD
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 29 FEBRUARY 2024
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 31 The Drive, Leeds, LS8 1JQ.
2. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover comprises revenue recognised by the company in respect of services supplied,exclusive of Value Added Tax.
Income tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures and fittings
-
15% reducing balance
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at transaction price and thereafter at fair value with changes recognised in profit and loss. The company holds the following financial assets and liabilities: Cash, Short-term trade and other debtors, and creditors. Cash in the balance sheet comprises cash at banks and in hand and short term deposits with an original maturity date of three months or less. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account before operating profit.
3. TANGIBLE ASSETS
Fixtures and fittings
£
Cost
At 1 March 2023
3,598
Disposals
( 3,598)
-------
At 29 February 2024
-------
Depreciation
At 1 March 2023
540
Disposals
( 540)
-------
At 29 February 2024
-------
Carrying amount
At 29 February 2024
-------
At 28 February 2023
3,058
-------
4. DEBTORS
2024
2023
£
£
Other debtors
116,768
---------
----
5. CREDITORS: amounts falling due within one year
2024
2023
£
£
Corporation tax
469
10,578
Social security and other taxes
3,451
Other creditors
14,067
Amounts related to related companies
1,846
Other creditors
1,590
1,410
-------
--------
3,905
29,506
-------
--------