3 false false false false false false false false false false true false false false false false false No description of principal activity 2024-03-01 Sage Accounts Production Advanced 2024 - FRS102_2024 xbrli:pure xbrli:shares iso4217:GBP 06823002 2024-03-01 2025-02-28 06823002 2025-02-28 06823002 2024-02-29 06823002 2023-03-01 2024-02-29 06823002 2024-02-29 06823002 2023-02-28 06823002 core:PlantMachinery 2024-03-01 2025-02-28 06823002 core:MotorVehicles 2024-03-01 2025-02-28 06823002 bus:Director1 2024-03-01 2025-02-28 06823002 core:WithinOneYear 2025-02-28 06823002 core:WithinOneYear 2024-02-29 06823002 core:PlantMachinery 2024-02-29 06823002 core:MotorVehicles 2024-02-29 06823002 core:PlantMachinery 2025-02-28 06823002 core:MotorVehicles 2025-02-28 06823002 core:ShareCapital 2025-02-28 06823002 core:ShareCapital 2024-02-29 06823002 core:RetainedEarningsAccumulatedLosses 2025-02-28 06823002 core:RetainedEarningsAccumulatedLosses 2024-02-29 06823002 core:PlantMachinery 2024-02-29 06823002 core:MotorVehicles 2024-02-29 06823002 bus:Director1 2024-02-29 06823002 bus:Director1 2025-02-28 06823002 bus:Director1 2023-02-28 06823002 bus:Director1 2024-02-29 06823002 bus:Director1 2023-03-01 2024-02-29 06823002 bus:SmallEntities 2024-03-01 2025-02-28 06823002 bus:AuditExemptWithAccountantsReport 2024-03-01 2025-02-28 06823002 bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 06823002 bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 06823002 bus:FullAccounts 2024-03-01 2025-02-28 06823002 core:OfficeEquipment 2024-03-01 2025-02-28 06823002 core:OfficeEquipment 2025-02-28 06823002 core:OfficeEquipment 2024-02-29
COMPANY REGISTRATION NUMBER: 06823002
DAWN PERCY LIMITED
Filleted Unaudited Financial Statements
28 February 2025
DAWN PERCY LIMITED
Statement of Financial Position
28 February 2025
2025
2024
Note
£
£
£
Fixed assets
Tangible assets
5
4,397
5,173
Current assets
Stocks
530
825
Debtors
6
8,879
9,248
Cash at bank and in hand
296,690
225,109
---------
---------
306,099
235,182
Creditors: amounts falling due within one year
7
70,782
16,763
---------
---------
Net current assets
235,317
218,419
---------
---------
Total assets less current liabilities
239,714
223,592
---------
---------
Net assets
239,714
223,592
---------
---------
Capital and reserves
Called up share capital
100
100
Profit and loss account
239,614
223,492
---------
---------
Shareholder funds
239,714
223,592
---------
---------
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 year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the year 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 .
DAWN PERCY LIMITED
Statement of Financial Position (continued)
28 February 2025
These financial statements were approved by the board of directors and authorised for issue on 14 May 2025 , and are signed on behalf of the board by:
P Henry
Director
Company registration number: 06823002
DAWN PERCY LIMITED
Notes to the Financial Statements
Year ended 28 February 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 28 Woodcock Dell Avenue, Harrow, Middlesex, HA3 0NS.
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.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
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 and of Value Added Tax.
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.
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.
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:
Tools & equipment
-
15% reducing balance
Motor Vehicles
-
15% reducing balance
Office equipment
-
15% reducing balance
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.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 3 (2024: 3 ).
5. Tangible assets
Plant and machinery
Motor vehicles
Equipment
Total
£
£
£
£
Cost
At 1 March 2024 and 28 February 2025
4,500
7,898
3,633
16,031
-------
-------
-------
--------
Depreciation
At 1 March 2024
4,107
3,775
2,976
10,858
Charge for the year
59
618
99
776
-------
-------
-------
--------
At 28 February 2025
4,166
4,393
3,075
11,634
-------
-------
-------
--------
Carrying amount
At 28 February 2025
334
3,505
558
4,397
-------
-------
-------
--------
At 29 February 2024
393
4,123
657
5,173
-------
-------
-------
--------
6. Debtors
2025
2024
£
£
Trade debtors
8,879
9,248
-------
-------
7. Creditors: amounts falling due within one year
2025
2024
£
£
Accruals and deferred income
3,934
3,733
Corporation tax
15,411
7,599
Social security and other taxes
5,927
5,214
Director loan accounts
45,510
217
--------
--------
70,782
16,763
--------
--------
8. Director's advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2025
Balance brought forward
Advances/ (credits) to the director
Amounts repaid
Balance outstanding
£
£
£
£
P Henry
( 217)
( 45,293)
( 45,510)
----
----
--------
--------
2024
Balance brought forward
Advances/ (credits) to the director
Amounts repaid
Balance outstanding
£
£
£
£
P Henry
( 131,630)
131,413
( 217)
---------
---------
----
----