Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 05478053 Mr Dean Bulbeck Mrs Meghan Bulbeck Mr D Bulbeck true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05478053 2023-06-30 05478053 2024-06-30 05478053 2023-07-01 2024-06-30 05478053 frs-core:CurrentFinancialInstruments 2024-06-30 05478053 frs-core:MotorVehicles 2024-06-30 05478053 frs-core:MotorVehicles 2023-07-01 2024-06-30 05478053 frs-core:MotorVehicles 2023-06-30 05478053 frs-core:PlantMachinery 2024-06-30 05478053 frs-core:PlantMachinery 2023-07-01 2024-06-30 05478053 frs-core:PlantMachinery 2023-06-30 05478053 frs-core:ShareCapital 2024-06-30 05478053 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 05478053 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 05478053 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 05478053 frs-bus:SmallEntities 2023-07-01 2024-06-30 05478053 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 05478053 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 05478053 1 2023-07-01 2024-06-30 05478053 frs-core:UnlistedNon-exchangeTraded 2024-06-30 05478053 frs-core:UnlistedNon-exchangeTraded 2023-06-30 05478053 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-06-30 05478053 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2024-06-30 05478053 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-06-30 05478053 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-06-30 05478053 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-06-30 05478053 frs-bus:Director1 2023-07-01 2024-06-30 05478053 frs-bus:Director2 2023-07-01 2024-06-30 05478053 frs-core:CurrentFinancialInstruments 2 2024-06-30 05478053 frs-countries:EnglandWales 2023-07-01 2024-06-30 05478053 2022-06-30 05478053 2023-06-30 05478053 2022-07-01 2023-06-30 05478053 frs-core:CurrentFinancialInstruments 2023-06-30 05478053 frs-core:ShareCapital 2023-06-30 05478053 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30 05478053 frs-core:CurrentFinancialInstruments 2 2023-06-30
Registered number: 05478053
DB Entertainment & Son Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2024
McLen & Co Accountancy Ltd
AAT
19 Jolly Avenue
Waverley
Rotherham
South Yorkshire
S60 8BF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05478053
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 388,269 328,788
Investments 5 110,000 45,000
498,269 373,788
CURRENT ASSETS
Debtors 6 214,215 254,215
Cash at bank and in hand 765,665 564,359
979,880 818,574
Creditors: Amounts Falling Due Within One Year 7 (102,853 ) (117,797 )
NET CURRENT ASSETS (LIABILITIES) 877,027 700,777
TOTAL ASSETS LESS CURRENT LIABILITIES 1,375,296 1,074,565
PROVISIONS FOR LIABILITIES
Deferred Taxation (73,771 ) (62,470 )
NET ASSETS 1,301,525 1,012,095
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 1,301,524 1,012,094
SHAREHOLDERS' FUNDS 1,301,525 1,012,095
Page 1
Page 2
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Dean Bulbeck
Director
19/03/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
DB Entertainment & Son Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05478053 . The registered office is Bede House, Salisbury Road, Maltby, Rotherham, South Yorkshire, S66 8JP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, Gross (up to 30/4/18) of Value Added Tax and trade discounts from 1st February 2016.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% Reducing Balance
Motor Vehicles 25% Reducing Balance
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 1 1
Sales, marketing and distribution 11 7
12 8
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 July 2023 678,937 159,520 838,457
Additions 94,076 70,000 164,076
As at 30 June 2024 773,013 229,520 1,002,533
Depreciation
As at 1 July 2023 400,593 109,076 509,669
Provided during the period 74,484 30,111 104,595
As at 30 June 2024 475,077 139,187 614,264
Net Book Value
As at 30 June 2024 297,936 90,333 388,269
As at 1 July 2023 278,344 50,444 328,788
5. Investments
Unlisted
£
Cost
As at 1 July 2023 45,000
Additions 65,000
As at 30 June 2024 110,000
Provision
As at 1 July 2023 -
As at 30 June 2024 -
Net Book Value
As at 30 June 2024 110,000
As at 1 July 2023 45,000
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6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 120,495 210,495
Other debtors 43,720 43,720
RS Trading Group Ltd 50,000 -
214,215 254,215
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 79,183 67,457
Other taxes and social security 4,949 3,219
VAT 14,265 40,173
Net wages 2,373 -
Accruals and deferred income 600 600
Directors' loan accounts 1,483 6,348
102,853 117,797
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
9. Ultimate Controlling Party
The company's ultimate controlling party is Mr D Bulbeck by virtue of his ownership of 100% of the issued share capital in the company.
Page 5