1 false false false false false false false false false false true false false false false false false No description of principal activity 2023-07-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 01845527 2023-07-01 2024-11-30 01845527 2024-11-30 01845527 2023-06-30 01845527 2022-07-01 2023-06-30 01845527 2023-06-30 01845527 2022-06-30 01845527 bus:Director1 2023-07-01 2024-11-30 01845527 core:PlantMachinery 2023-06-30 01845527 core:FurnitureFittings 2023-06-30 01845527 core:MotorVehicles 2023-06-30 01845527 core:WithinOneYear 2023-06-30 01845527 core:PlantMachinery 2023-07-01 2024-11-30 01845527 core:FurnitureFittings 2023-07-01 2024-11-30 01845527 core:MotorVehicles 2023-07-01 2024-11-30 01845527 core:ShareCapital 2024-11-30 01845527 core:ShareCapital 2023-06-30 01845527 core:CapitalRedemptionReserve 2024-11-30 01845527 core:CapitalRedemptionReserve 2023-06-30 01845527 core:RetainedEarningsAccumulatedLosses 2023-06-30 01845527 bus:Director1 2023-06-30 01845527 bus:Director1 2024-11-30 01845527 bus:Director1 2022-06-30 01845527 bus:Director1 2023-06-30 01845527 bus:Director1 2022-07-01 2023-06-30 01845527 bus:SmallEntities 2023-07-01 2024-11-30 01845527 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-11-30 01845527 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-11-30 01845527 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-11-30 01845527 bus:FullAccounts 2023-07-01 2024-11-30
COMPANY REGISTRATION NUMBER: 01845527
DYSON PRINTERS LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
30 November 2024
DYSON PRINTERS LIMITED
STATEMENT OF FINANCIAL POSITION
30 November 2024
30 Nov 24
30 Jun 23
Note
£
£
£
Fixed assets
Tangible assets
5
1,431
Current assets
Debtors
6
100
1,793
Cash at bank and in hand
11,264
----
---------
100
13,057
Creditors: amounts falling due within one year
7
9,087
----
---------
Net current assets
100
3,970
----
-------
Total assets less current liabilities
100
5,401
Provisions
272
----
-------
Net assets
100
5,129
----
-------
Capital and reserves
Called up share capital
61
61
Capital redemption reserve
39
39
Profit and loss account
5,029
----
-------
Shareholders funds
100
5,129
----
-------
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 statement of income and retained earnings has not been delivered.
For the period ending 30 November 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 period 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 .
DYSON PRINTERS LIMITED
STATEMENT OF FINANCIAL POSITION (continued)
30 November 2024
These financial statements were approved by the board of directors and authorised for issue on 2 January 2025 , and are signed on behalf of the board by:
Mr N H Dyson
Director
Company registration number: 01845527
DYSON PRINTERS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
PERIOD FROM 1 JULY 2023 TO 30 NOVEMBER 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 168 Church Road, Hove, East Sussex, BN3 2DL.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The company ceased trading on 30 November 2024,and is no longer considered a going concern.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
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:
Plant and machinery
-
10/20% straight line
Fixtures and fittings
-
10% straight line
Motor vehicles
-
20% straight line
Equipment
-
25% straight line
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the period amounted to 1 (2023: 1 ).
5. Tangible assets
Plant and machinery
Fixtures and fittings
Motor vehicles
Equipment
Total
£
£
£
£
£
Cost
At 1 July 2023
201,629
16,617
10,094
7,555
235,895
Disposals
( 201,629)
( 16,617)
( 10,094)
( 7,555)
( 235,895)
----------
---------
---------
-------
----------
At 30 November 2024
----------
---------
---------
-------
----------
Depreciation
At 1 July 2023
201,629
16,617
10,094
6,124
234,464
Charge for the period
676
676
Disposals
( 201,629)
( 16,617)
( 10,094)
( 6,800)
( 235,140)
----------
---------
---------
-------
----------
At 30 November 2024
----------
---------
---------
-------
----------
Carrying amount
At 30 November 2024
----------
---------
---------
-------
----------
At 30 June 2023
1,431
1,431
----------
---------
---------
-------
----------
6. Debtors
30 Nov 24
30 Jun 23
£
£
Trade debtors
1,793
Other debtors
100
----
-------
100
1,793
----
-------
7. Creditors: amounts falling due within one year
30 Nov 24
30 Jun 23
£
£
Trade creditors
2,168
Corporation tax
4,515
Other creditors
2,404
----
-------
9,087
----
-------
8. Director's advances, credits and guarantees
During the period the director entered into the following advances and credits with the company:
30 Nov 24
Balance brought forward
Advances/ (credits) to the director
Balance outstanding
£
£
£
Mr N H Dyson
( 41)
141
100
----
----
----
30 Jun 23
Balance brought forward
Advances/ (credits) to the director
Balance outstanding
£
£
£
Mr N H Dyson
( 63)
22
( 41)
----
----
----
9. Related party transactions
The company was under the comtrol and management of the director, Mr N Dyson, throughout the current and previous years.