3 false false false false false false false false false false true false false false false false false No description of principal activity 2023-10-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 12189345 2023-10-01 2024-09-30 12189345 2024-09-30 12189345 2023-09-30 12189345 2022-10-01 2023-09-30 12189345 2023-09-30 12189345 2022-09-30 12189345 core:MotorVehicles 2023-10-01 2024-09-30 12189345 bus:RegisteredOffice 2023-10-01 2024-09-30 12189345 bus:LeadAgentIfApplicable 2023-10-01 2024-09-30 12189345 bus:Director1 2023-10-01 2024-09-30 12189345 bus:Director3 2023-10-01 2024-09-30 12189345 bus:Director2 2023-10-01 2024-09-30 12189345 core:WithinOneYear 2024-09-30 12189345 core:WithinOneYear 2023-09-30 12189345 core:AfterOneYear 2024-09-30 12189345 core:AfterOneYear 2023-09-30 12189345 core:ShareCapital 2024-09-30 12189345 core:ShareCapital 2023-09-30 12189345 core:RetainedEarningsAccumulatedLosses 2024-09-30 12189345 core:RetainedEarningsAccumulatedLosses 2023-09-30 12189345 core:BetweenOneFiveYears 2024-09-30 12189345 core:BetweenOneFiveYears 2023-09-30 12189345 bus:Director2 2023-09-30 12189345 bus:Director2 2024-09-30 12189345 bus:Director2 2022-09-30 12189345 bus:Director2 2023-09-30 12189345 bus:Director2 2022-10-01 2023-09-30 12189345 bus:SmallEntities 2023-10-01 2024-09-30 12189345 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 12189345 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 12189345 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 12189345 bus:AbridgedAccounts 2023-10-01 2024-09-30
COMPANY REGISTRATION NUMBER: 12189345
DG Air Conditioning Limited
Filleted Unaudited Abridged Financial Statements
30 September 2024
DG Air Conditioning Limited
Abridged Financial Statements
Year Ended 30 September 2024
Contents
Pages
Officers and professional advisers
1
Abridged statement of financial position
2 to 3
Notes to the abridged financial statements
4 to 6
DG Air Conditioning Limited
Officers and Professional Advisers
The board of directors
Miss M Pope
Mr D Guyver
Registered office
265-269 Wimbledon Park Road
London
SW19 6NW
Accountants
SR Howell & Co
Chartered Certified Accountants
88 High Street
Ramsey
Huntingdon
Cambs
PE26 1BS
DG Air Conditioning Limited
Abridged Statement of Financial Position
30 September 2024
2024
2023
Note
£
£
Fixed assets
Tangible assets
5
3,317
3,541
Current assets
Debtors
31,126
55,219
Cash at bank and in hand
65,317
91,161
--------
---------
96,443
146,380
Creditors: amounts falling due within one year
( 59,166)
( 63,668)
--------
---------
Net current assets
37,277
82,712
--------
--------
Total assets less current liabilities
40,594
86,253
Creditors: amounts falling due after more than one year
( 3,450)
( 8,184)
--------
--------
Net assets
37,144
78,069
--------
--------
Capital and reserves
Called up share capital
100
100
Profit and loss account
37,044
77,969
--------
--------
Shareholders funds
37,144
78,069
--------
--------
These abridged 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 abridged statement of income and retained earnings has not been delivered.
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .
All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 30 September 2024 in accordance with Section 444(2A) of the Companies Act 2006.
DG Air Conditioning Limited
Abridged Statement of Financial Position (continued)
30 September 2024
These abridged financial statements were approved by the board of directors and authorised for issue on 25 June 2025 , and are signed on behalf of the board by:
Mr D Guyver
Director
Company registration number: 12189345
DG Air Conditioning Limited
Notes to the Abridged Financial Statements
Year Ended 30 September 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 265-269 Wimbledon Park Road, London, SW19 6NW.
2. Statement of compliance
These abridged 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 abridged 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 abridged financial statements are prepared in sterling, which is the functional currency of the entity.
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. 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.
Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and 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:
Motor vehicles
-
20% 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. 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.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 3 (2023: 4 ).
5. Tangible assets
£
Cost
At 1 October 2023
7,989
Additions
1,374
-------
At 30 September 2024
9,363
-------
Depreciation
At 1 October 2023
4,448
Charge for the year
1,598
-------
At 30 September 2024
6,046
-------
Carrying amount
At 30 September 2024
3,317
-------
At 30 September 2023
3,541
-------
6. Operating leases
The total future minimum lease payments under non-cancellable operating leases are as follows:
2024
2023
£
£
Not later than 1 year
7,821
7,821
Later than 1 year and not later than 5 years
21,012
28,833
--------
--------
28,833
36,654
--------
--------
7. Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2024
Balance brought forward
Advances/ (credits) to the directors
Balance outstanding
£
£
£
Two directors
( 243)
26,609
26,366
----
--------
--------
2023
Balance brought forward
Advances/ (credits) to the directors
Balance outstanding
£
£
£
Two directors
( 105)
( 138)
( 243)
----
----
----