DWT Specialists Limited 07768411 false 2023-10-01 2024-09-30 2024-09-30 The principal activity of the company is Timber Sales Agent Digita Accounts Production Advanced 6.30.9574.0 true 07768411 2023-10-01 2024-09-30 07768411 2024-09-30 07768411 core:RetainedEarningsAccumulatedLosses 2024-09-30 07768411 core:ShareCapital 2024-09-30 07768411 core:CurrentFinancialInstruments 2024-09-30 07768411 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 07768411 bus:SmallEntities 2023-10-01 2024-09-30 07768411 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 07768411 bus:FullAccounts 2023-10-01 2024-09-30 07768411 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 07768411 bus:RegisteredOffice 2023-10-01 2024-09-30 07768411 bus:Director1 2023-10-01 2024-09-30 07768411 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 07768411 countries:AllCountries 2023-10-01 2024-09-30 07768411 2022-10-01 2023-09-30 07768411 2023-09-30 07768411 core:RetainedEarningsAccumulatedLosses 2023-09-30 07768411 core:ShareCapital 2023-09-30 07768411 core:CurrentFinancialInstruments 2023-09-30 07768411 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 iso4217:GBP xbrli:pure

Registration number: 07768411

DWT Specialists Limited

Unaudited Financial Statements

for the Year Ended 30 September 2024

 

DWT Specialists Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 3

 

DWT Specialists Limited

(Registration number: 07768411)
Balance Sheet as at 30 September 2024

Note

2024
£

2023
£

Current assets

 

Debtors

4

246,143

236,345

Cash at bank and in hand

 

55,584

41,375

 

301,727

277,720

Creditors: Amounts falling due within one year

5

(15,386)

(5,236)

Net assets

 

286,341

272,484

Capital and reserves

 

Called up share capital

1

1

Retained earnings

286,340

272,483

Shareholders' funds

 

286,341

272,484

For the financial year ending 30 September 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 accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account and Directors Report has been taken.

Approved and authorised by the director on 10 January 2025
 

.........................................
Mr DA Wilson
Director

 

DWT Specialists Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales .

The address of its registered office is:
7-9 Macon Court
Crewe
Cheshire
CW1 6EA
UK

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These financial statements are prepared in Sterling, which is the functional currency of the company. All monetary amounts are rounded to the nearest £.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

DWT Specialists Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

4

Debtors

Current

Note

2024
£

2023
£

Trade debtors

 

23,543

13,745

Amounts owed by related parties

222,600

222,600

   

246,143

236,345

5

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

256

-

Taxation and social security

3,449

3,283

Other creditors

11,681

1,953

15,386

5,236