8862008falsesales of leisure activity goods2024-02-012025-01-31http://www.companieshouse.gov.uk/2024-01-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-01-31http://www.companieshouse.gov.uk/cd:Director12024-02-012025-01-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-01-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-01-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-01-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2025-01-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-02-012025-01-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2025-01-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-02-012025-01-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-02-012025-01-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-01-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-01-31http://www.companieshouse.gov.uk/2024-02-012025-01-31http://www.companieshouse.gov.uk/2024-01-31http://www.companieshouse.gov.uk/cd:FRS1022024-02-012025-01-31http://www.companieshouse.gov.uk/2025-01-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-02-012025-01-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-02-012025-01-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 8862008
DAVE'S CUSTOM AIRSOFT LTD
ACCOUNTS
FOR THE YEAR ENDED 31/01/2025
Prepared By:
Martin & Fahy Accountants LLP
7 Milbanke Court
Milbanke Way
Bracknell
Berkshire
RG12 1RP
DAVE'S CUSTOM AIRSOFT LTD
ACCOUNTS
FOR THE YEAR ENDED 31/01/2025
DIRECTORS
David J Taylor
REGISTERED OFFICE
7 Milbanke Court
Milbanke Way
Bracknell
Berkshire
RG12 1RP
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 8862008
ACCOUNTANTS
Martin & Fahy Accountants LLP
7 Milbanke Court
Milbanke Way
Bracknell
Berkshire
RG12 1RP
DAVE'S CUSTOM AIRSOFT LTD
BALANCE SHEET AT 31/01/2025
20252024
Notes££
FIXED ASSETS
Tangible assets318,92423,052
CURRENT ASSETS
Stock15,07620,190
Debtors515,1037,635
Cash at bank and in hand31,93722,330
62,11650,155
CREDITORS: Amounts falling due within one year662,51269,586
NET CURRENT LIABILITIES(396)(19,431)
TOTAL ASSETS LESS CURRENT LIABILITIES18,5283,621
CREDITORS: Amounts falling due after more than one year733,06554,964
NET LIABILITIES(14,537)(51,343)
CAPITAL AND RESERVES
Called up share capital8125125
Profit and loss account(14,662)(51,468)
SHAREHOLDERS' FUNDS(14,537)(51,343)
For the year ending 31/01/2025 the company was entitled to exemption 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 14/10/2025 and signed on their behalf by
.............................
David J Taylor
Director
DAVE'S CUSTOM AIRSOFT LTD
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/01/2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Short Leasehold Propertiesreducing balance 15%
Fixtures and Fittingsreducing balance 20%
Equipmentreducing balance 20%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
2. EMPLOYEES
20252024
No.No.
Average number of employees25
DAVE'S CUSTOM AIRSOFT LTD
3. TANGIBLE FIXED ASSETS
Short LeaseholdFixtures
Propertiesand FittingsEquipmentTotal
££££
Cost
At 01/02/20244,4378,29540,80353,535
Additions--466466
At 31/01/20254,4378,29541,26954,001
Depreciation
At 01/02/20242,2365,09623,15130,483
For the year3306403,6244,594
At 31/01/20252,5665,73626,77535,077
Net Book Amounts
At 31/01/20251,8712,55914,49418,924
At 31/01/20242,2013,19917,65223,052
4. STOCK 20252024
££
Stock comprises:
Stock15,07620,190
15,07620,190
5. DEBTORS 20252024
££
Amounts falling due within one year
Trade debtors1,555-
VAT941-
Prepayments12,6077,635
15,1037,635
DAVE'S CUSTOM AIRSOFT LTD
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
Corporation tax5,246-
VAT-5,709
PAYE creditor879517
Directors current account34,19535,740
Bank loan20,79126,126
Trade creditors1,2331,233
Pension schemes133226
Accruals3535
62,51269,586
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20252024
££
Bank loan33,06554,964
33,06554,964
8. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
12500 Ordinary shares of £0.01 each125125
125125