Registered number: 12452897 | ||||||||
FOR THE YEAR ENDED 28/02/2024 | ||||||||
Prepared By: | ||||||||
IUVO Services Limited | ||||||||
Chartered Accountants | ||||||||
10 The Crescent | ||||||||
Little Leighs | ||||||||
Chelmsford | ||||||||
Essex | ||||||||
CM3 1LY |
Pipers Of Danbury Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 28/02/2024 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
Essex | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 12452897 | ||||||||
ACCOUNTANTS | ||||||||
IUVO Services Limited | ||||||||
Chartered Accountants | ||||||||
10 The Crescent | ||||||||
Little Leighs | ||||||||
Chelmsford | ||||||||
Essex | ||||||||
CM3 1LY |
Pipers Of Danbury Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED28/02/2024 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Pipers Of Danbury Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Cash at bank and in hand | ||||||||||
12,146 | 5,073 | |||||||||
CREDITORS: Amounts falling due within one year | 4 | |||||||||
NET CURRENT LIABILITIES | ( | (57,213) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ( | ( | ||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 5 | |||||||||
Profit and loss account | (54,762) | (45,991) | ||||||||
SHAREHOLDERS' FUNDS | ( | ( | ||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Pipers Of Danbury Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 28/02/2024 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Going Concern | ||||||||
At the year end the company's liabilities exceeded its assets by £54,752 (2023: £45,981). This is because the directors have invested heavily but income is now increaseing rapidly. The Company is expected to show profits in the next year. The deficit is funded by borrowing from the directors who have indicated that they will continue to support the company and not withdraw funds until the Company is able to afford it. As a result the accounts have been prepared on a going concern basis. |
1c. Depreciation | ||||||||
Land And Buildings | straight line 10% | |||||||
Plant and Machinery | reducing balance 25% |
1d. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. |
2. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | 5 | |||||
Pipers Of Danbury Limited | ||||||||
3. TANGIBLE FIXED ASSETS | ||||||
Land And | Plant and | |||||
Buildings | Machinery | Total | ||||
£ | £ | £ | ||||
Cost | ||||||
At 01/03/2023 | 7,112 | 9,854 | 16,966 | |||
At 28/02/2024 | 7,112 | 9,854 | 16,966 | |||
Depreciation | ||||||
At 01/03/2023 | 1,422 | 4,312 | 5,734 | |||
For the year | 711 | 1,386 | 2,097 | |||
At 28/02/2024 | 2,133 | 5,698 | 7,831 | |||
Net Book Amounts | ||||||
At 28/02/2024 | 9,135 | |||||
At 28/02/2023 | 11,232 | |||||
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
PAYE control | 520 | 151 | ||||||
Directors current account | 70,628 | 57,284 | ||||||
Other creditors | 28 | - | ||||||
Accruals | 2,606 | 2,600 | ||||||
Deferred income | 2,251 | 2,251 | ||||||
76,033 | 62,286 | |||||||
In addition to creditors shown, the company is committed to a contract hire contract with intalments totalling £2,649 (2023: £5,827) falling due in monthly instamlents over the next two and a half years. | ||||||||
5. SHARE CAPITAL | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
10 | 10 | |||||||
10 | 10 | |||||||
6. CONTROLLING PARTY | ||||||||
The company is controlled by S Stanley. | ||||||||
Pipers Of Danbury Limited | ||||||||
7. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
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