General Information
Dot Art Services CIC is a private company, limited by guarantee, registered in England and Wales, registration number 07088227, registration address 14 Queen Avenue, Castle Street, Liverpool, Merseyside, L2 4TX.
The presentation currency is £ sterling. | 1. | Accounting policies Significant accounting policiesThe accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard) TurnoverTurnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax. Operating lease rentalsRentals payable under operating leases are charged against income on a straight line basis over the lease term. Research and development expenditureResearch and development expenditure is written off in the period in which it is incurred. TaxationThe tax currently payable is based on taxable profit for the year. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted at the balance sheet date. Intangible assetsIntangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable. Development expenditures
Research and development expenditure is charged to the profit and loss account in the period in which it is incurred. However, where the directors are satisfied as to the technical, commercial and financial viability of individual projects, development expenditure is deferred and amortised over 5 years during which the company is expected to benefit. Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
| Computer Equipment | 33% Straight Line |
Financial instrumentsThe company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. |
| 2. | Average number of employees
Average number of employees during the year was 4 (2024 : 3). |
| 3. | Intangible fixed assets | Cost | Research and Development | | Total | | | £ | | £ | | At 01 December 2024 | 5,500 | | 5,500 | | Additions | - | | - | | Disposals | - | | - | | At 30 November 2025 | 5,500 | | 5,500 | | Amortisation | | At 01 December 2024 | 5,500 | | 5,500 | | Charge for year | - | | - | | On disposals | - | | - | | At 30 November 2025 | 5,500 | | 5,500 | | Net book values | | At 30 November 2025 | - | | - | | At 30 November 2024 | - | | - |
|
| 4. | Tangible fixed assets | Cost or valuation | Computer Equipment | | Total | | | £ | | £ | | At 01 December 2024 | 1,331 | | 1,331 | | Additions | - | | - | | Disposals | - | | - | | At 30 November 2025 | 1,331 | | 1,331 | | Depreciation | | At 01 December 2024 | 1,329 | | 1,329 | | Charge for year | - | | - | | On disposals | - | | - | | At 30 November 2025 | 1,329 | | 1,329 | | Net book values | | Closing balance as at 30 November 2025 | 2 | | 2 | | Opening balance as at 01 December 2024 | 2 | | 2 |
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| 5. | Debtors: amounts falling due within one year | 2025
£ | | 2024
£ |
|---|
| Trade Debtors | 7,096 | | 13,217 | | Prepayments & Accrued Income | 5,807 | | 0 | | Other Debtors | 1,298 | | 976 | | 14,201 | | 14,193 |
|
| 6. | Creditors: amount falling due within one year | 2025
£ | | 2024
£ |
|---|
| Trade Creditors | 0 | | 1,800 | | Bank Loans & Overdrafts & Other Loans | 6,995 | | 7,996 | | Accrued Expenses | 3,466 | | 6,472 | | Deferred income | 10,317 | | 12,436 | | Other Creditors | 206 | | 190 | | Directors' Current Accounts | 1,514 | | 1,514 | | VAT | 2,816 | | 5,707 | | 25,314 | | 36,115 |
Loans
A Bounce Back Loan is included within Bank Loans. |
| 7. | Creditors: amount falling due after more than one year | 2025
£ | | 2024
£ |
|---|
| Bank Loans | 6,014 | | 13,009 | | 6,014 | | 13,009 |
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| 8. | Company Limited by Guarantee The company is limited by guarantee and therefore has no shares. |
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