Company registration number 11946613 (England and Wales)
DGB STUNTS LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
DGB STUNTS LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
DGB STUNTS LTD (REGISTERED NUMBER: 11946613)
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
31 March 2025
30 April 2024
as restated
Notes
£
£
£
£
Current assets
Debtors
3
50,600
50,100
Cash at bank and in hand
721
947
51,321
51,047
Creditors: amounts falling due within one year
4
(24,277)
(22,904)
Net current assets
27,044
28,143
Creditors: amounts falling due after more than one year
5
(3,480)
(8,216)
Net assets
23,564
19,927
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
23,464
19,827
Total equity
23,564
19,927
For the financial period ended 31 March 2025 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 of its financial statements for the period in question in accordance with section 476.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 1 December 2025
Mr D Guinan-Browne
Director
DGB STUNTS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
- 2 -
1
Accounting policies
Company information
DGB Stunts Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 4th Floor, 399-401 Strand, London, England, WC2R 0LT.
1.1
Reporting period
The entity has shortened the reporting period to eleven months. The decision was made by director. Thus comparative amounts presented in the financial statements are not entirely comparable.
1.2
Basis of preparation
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.3
Going concern
These financial statements are prepared on the going concern basis. The Director has a reasonable expectation that the company will continue in operational existence for the foreseeable future.true
1.4
Taxation
The tax expense represents the sum of the tax currently payable and deferred tax.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.
2
Employees
The average monthly number of persons (including directors) employed by the company during the period was:
2025
2024
Number
Number
Total
1
1
DGB STUNTS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2025
- 3 -
3
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
50,600
50,100
4
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
4,958
4,862
Taxation and social security
853
4,176
Other creditors
18,466
13,866
24,277
22,904
5
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
3,480
8,216
6
Financial commitments, guarantees and contingent liabilities
During the year to 31st March 2021, the company borrowed £25,000 from its bankers for a bounce
back loan. As part of its loan scheme the UK government has guaranteed the advance and will pay
the interest and fees due for the first 12 months. As at the balance sheet date, the balance
outstanding to the Company’s bankers was £8,438
.
7
Prior period adjustment
Reconciliation of changes in equity
The prior period adjustments do not give rise to any effect upon equity.
Analysis of the effect upon equity
Revaluation reserve
-
20,167
Profit and loss reserves
-
(20,167)
-
-
DGB STUNTS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2025
7
Prior period adjustment
(Continued)
- 4 -
Reconciliation of changes in profit for the previous financial period
2024
£
Adjustments to prior period
Profit/Loss on sale of investment property
(20,167)
Profit as previously reported
27,446
Profit as adjusted
7,279
Notes to reconciliation
During the accounting period to 31 March 2025, the following prior period adjustments were made:
Investments:
The accounts had previously accounted for a loan of £50,000 made to a third party as a short term investment. The
amount has been reclassified to short term debtors.
Non-distributable reserves:
The Company disposed of the investment property in the accounting period to 31 March 2024. However, a revaluation reserve was incorrectly accounted for on the Company balance sheet as a negative revaluation reserve.
This error has been corrected.
The above adjustments do not result in a change to the net asset position.