IRIS Accounts Production v24.3.2.46 06378928 director 1.8.23 31.7.24 31.7.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh063789282023-07-31063789282024-07-31063789282023-08-012024-07-31063789282022-07-31063789282022-08-012023-07-31063789282023-07-3106378928ns15:EnglandWales2023-08-012024-07-3106378928ns14:PoundSterling2023-08-012024-07-3106378928ns10:Director12023-08-012024-07-3106378928ns10:PrivateLimitedCompanyLtd2023-08-012024-07-3106378928ns10:SmallEntities2023-08-012024-07-3106378928ns10:AuditExempt-NoAccountantsReport2023-08-012024-07-3106378928ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-3106378928ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-3106378928ns10:FullAccounts2023-08-012024-07-3106378928ns5:CurrentFinancialInstruments2024-07-3106378928ns5:CurrentFinancialInstruments2023-07-3106378928ns5:Non-currentFinancialInstruments2024-07-3106378928ns5:Non-currentFinancialInstruments2023-07-3106378928ns5:ShareCapital2024-07-3106378928ns5:ShareCapital2023-07-3106378928ns5:RetainedEarningsAccumulatedLosses2024-07-3106378928ns5:RetainedEarningsAccumulatedLosses2023-07-3106378928ns5:PlantMachinery2023-08-012024-07-3106378928ns5:PlantMachinery2023-07-3106378928ns5:PlantMachinery2024-07-3106378928ns5:PlantMachinery2023-07-3106378928ns5:WithinOneYearns5:CurrentFinancialInstruments2024-07-3106378928ns5:WithinOneYearns5:CurrentFinancialInstruments2023-07-31063789281ns10:Director12023-07-31063789281ns10:Director12022-07-31063789281ns10:Director12023-08-012024-07-31063789281ns10:Director12022-08-012023-07-31063789281ns10:Director12024-07-31063789281ns10:Director12023-07-31
REGISTERED NUMBER: 06378928 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

FOR

DALES KITCHENS (WOLV) LTD

DALES KITCHENS (WOLV) LTD (REGISTERED NUMBER: 06378928)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024










Page

Balance Sheet 1

Notes to the Financial Statements 3


DALES KITCHENS (WOLV) LTD (REGISTERED NUMBER: 06378928)

BALANCE SHEET
31 JULY 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,535 5,989

CURRENT ASSETS
Debtors 5 18,922 24,199
Cash at bank 778 656
19,700 24,855
CREDITORS
Amounts falling due within one year 6 19,987 22,034
NET CURRENT (LIABILITIES)/ASSETS (287 ) 2,821
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,248

8,810

CREDITORS
Amounts falling due after more than one
year

7

(2,453

)

(6,264

)

PROVISIONS FOR LIABILITIES (850 ) (1,150 )
NET ASSETS 945 1,396

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 845 1,296
945 1,396

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

DALES KITCHENS (WOLV) LTD (REGISTERED NUMBER: 06378928)

BALANCE SHEET - continued
31 JULY 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 January 2025 and were signed by:





D Dale - Director


DALES KITCHENS (WOLV) LTD (REGISTERED NUMBER: 06378928)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024


1. STATUTORY INFORMATION

Dales Kitchens (Wolv) Ltd is a private company, limited by shares, registered in England and Wales, registered number 06378928. Its registered office is Admiral House, Waterfront East, Brierley Hill, DY5 1XG.

The financial statements are presented in Sterling, which is the functional currency of the company.

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. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

DALES KITCHENS (WOLV) LTD (REGISTERED NUMBER: 06378928)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023
and 31 July 2024 14,971
DEPRECIATION
At 1 August 2023 8,982
Charge for year 1,454
At 31 July 2024 10,436
NET BOOK VALUE
At 31 July 2024 4,535
At 31 July 2023 5,989

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Other debtors 18,922 24,199

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 3,045 3,025
Trade creditors 228 228
Taxation and social security 15,489 17,651
Other creditors 1,225 1,130
19,987 22,034

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.24 31.7.23
£    £   
Bank loans 2,453 6,264

DALES KITCHENS (WOLV) LTD (REGISTERED NUMBER: 06378928)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2024 and 31 July 2023:

31.7.24 31.7.23
£    £   
D Dale
Balance outstanding at start of year 5,687 1,521
Amounts advanced 43,916 56,636
Amounts repaid (47,430 ) (52,470 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 2,173 5,687

The above amounts were unsecured, interest free and repayable on demand.

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £26,000 (2023 - £35,500) were paid to the directors .