REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31st August 2024 |
for |
D T & S Ward Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31st August 2024 |
for |
D T & S Ward Limited |
D T & S Ward Limited (Registered number: 07686057) |
Contents of the Financial Statements |
for the Year Ended 31st August 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
D T & S Ward Limited |
Company Information |
for the Year Ended 31st August 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Watling Offices |
Smockington Lane |
Wolvey |
Hinckley |
Leicestershire |
LE10 3AY |
D T & S Ward Limited (Registered number: 07686057) |
Balance Sheet |
31st August 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Tangible assets | 5 |
CURRENT ASSETS |
Stocks |
Debtors | 6 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 8 |
Retained earnings |
SHAREHOLDERS' FUNDS |
The directors acknowledge their 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. |
D T & S Ward Limited (Registered number: 07686057) |
Balance Sheet - continued |
31st August 2024 |
The financial statements were approved by the Board of Directors and authorised for issue on |
D T & S Ward Limited (Registered number: 07686057) |
Notes to the Financial Statements |
for the Year Ended 31st August 2024 |
1. | STATUTORY INFORMATION |
D T & S Ward Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Goodwill |
Intangible assets |
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
Tangible fixed assets |
Equipment and fittings | - |
Motor vehicle | - |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
D T & S Ward Limited (Registered number: 07686057) |
Notes to the Financial Statements - continued |
for the Year Ended 31st August 2024 |
4. | INTANGIBLE FIXED ASSETS |
Goodwill |
£ |
COST |
At 1st September 2023 |
and 31st August 2024 |
AMORTISATION |
At 1st September 2023 |
Charge for year |
At 31st August 2024 |
NET BOOK VALUE |
At 31st August 2024 |
At 31st August 2023 |
5. | TANGIBLE FIXED ASSETS |
Equipment |
and | Motor |
fittings | vehicle | Totals |
£ | £ | £ |
COST |
At 1st September 2023 |
Additions |
At 31st August 2024 |
DEPRECIATION |
At 1st September 2023 |
Charge for year |
At 31st August 2024 |
NET BOOK VALUE |
At 31st August 2024 |
At 31st August 2023 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Trade debtors |
Other debtors |
Directors' current account |
Prepayments |
D T & S Ward Limited (Registered number: 07686057) |
Notes to the Financial Statements - continued |
for the Year Ended 31st August 2024 |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Trade creditors |
Corporation tax |
Social security and other taxes |
Other creditors |
Directors' current account |
Accrued expenses |
8. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2024 | 2023 |
value: | £ | £ |
Ordinary A Shares | £1 | 1,000 | 1,000 |
Ordinary B shares | £1 | 1 | 1 |
Ordinary C shares | £1 | 1 | 1 |
1,002 | 1,002 |
9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to Director subsisted during the year: |
Description | Debit | Credit |
C Ward: |
Withdrawn | £19,800 |
Repaid | £42,000 |
Total | £19,800 | £42,000 |
DT & S Ward: |
Own consumption | £520 |
Withdrawn | £93,214 |
Expenses paid privately | £9,685 |
Total | £93,734 | £9,685 |
Interest is payable at 7% to the directors on money lent to the company. During the year interest of £3,867 accrued. |