DB Consulting (Bournemouth) Limited - Accounts to registrar (filleted) - small 22.3
DB Consulting (Bournemouth) Limited - Accounts to registrar (filleted) - small 22.3
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022 |
| FOR |
| DB CONSULTING (BOURNEMOUTH) LIMITED |
| DB CONSULTING (BOURNEMOUTH) LIMITED (REGISTERED NUMBER: 10757356) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MAY 2022 |
| Page |
| Balance sheet | 1 |
| Notes to the financial statements | 3 |
| DB CONSULTING (BOURNEMOUTH) LIMITED (REGISTERED NUMBER: 10757356) |
| BALANCE SHEET |
| 31 MAY 2022 |
| 2022 | 2021 |
| Notes | £ | £ | £ | £ |
| Fixed assets |
| Intangible assets | 4 |
| Tangible assets | 5 |
| Current assets |
| Debtors | 6 |
| Cash at bank |
| Creditors |
| Amounts falling due within one year | 7 |
| Net current assets |
| Total assets less current liabilities |
| Creditors |
| Amounts falling due after more than one year | 8 | ( |
) | ( |
) |
| Provisions for liabilities | 9 | ( |
) | ( |
) |
| Net assets |
| Capital and reserves |
| Called up share capital | 10 |
| Retained earnings |
| Shareholders' funds |
| The director acknowledges his responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| DB CONSULTING (BOURNEMOUTH) LIMITED (REGISTERED NUMBER: 10757356) |
| BALANCE SHEET - continued |
| 31 MAY 2022 |
| In accordance with Section 444 of the Companies Act 2006, the Statement of comprehensive income has not been delivered. |
| The financial statements were approved by the director and authorised for issue on |
| DB CONSULTING (BOURNEMOUTH) LIMITED (REGISTERED NUMBER: 10757356) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MAY 2022 |
| 1. | Statutory information |
| DB Consulting (Bournemouth) Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 10757256. The registered office is 7 & 8 Church Street, Wimborne, Dorset, BH21 1JH and business address is 49 Harewood Gardens, Bournemouth, Dorset, BH7 7RH. |
| 2. | Accounting policies |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents income receivable from management consultancy. |
| Goodwill |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Computer equipment | - |
| Taxation |
| Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
| Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. Unrelieved tax losses and other deferred tax assets are recognised only 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 balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset. |
| Financial instruments |
| Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities. |
| At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate. |
| DB CONSULTING (BOURNEMOUTH) LIMITED (REGISTERED NUMBER: 10757356) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MAY 2022 |
| 2. | Accounting policies - continued |
| Government grants |
| The company applies the accrual model to classify grants either as a grant relating to revenue or a grant relating to assets. |
| Grants relating to revenue are recognised as income over the periods in which the company recognises the related costs for which the grant is intended to compensate. Grants that become receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the company with no future related costs are recognised as income in the period in which they becomes receivable. |
| Grants relating to assets are recognised in income over the expected useful life of those assets. |
| 3. | Employees and directors |
| The average number of employees during the year was |
| 4. | Intangible fixed assets |
| Goodwill |
| £ |
| Cost |
| At 1 June 2021 |
| and 31 May 2022 |
| Amortisation |
| At 1 June 2021 |
| Charge for year |
| At 31 May 2022 |
| Net book value |
| At 31 May 2022 |
| At 31 May 2021 |
| 5. | Tangible fixed assets |
| Fixtures |
| and | Computer |
| fittings | equipment | Totals |
| £ | £ | £ |
| Cost |
| At 1 June 2021 |
| Additions |
| At 31 May 2022 |
| Depreciation |
| At 1 June 2021 |
| Charge for year |
| At 31 May 2022 |
| Net book value |
| At 31 May 2022 |
| At 31 May 2021 |
| DB CONSULTING (BOURNEMOUTH) LIMITED (REGISTERED NUMBER: 10757356) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MAY 2022 |
| 6. | Debtors: amounts falling due within one year |
| 2022 | 2021 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Tax |
| 7. | Creditors: amounts falling due within one year |
| 2022 | 2021 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Tax |
| Directors' current accounts | 12,753 | 11,263 |
| Accruals and deferred income |
| 8. | Creditors: amounts falling due after more than one year |
| 2022 | 2021 |
| £ | £ |
| Bank loans - 1-2 years |
| Bank loans - 2-5 years |
| Bank loans - over 5 years | - | 2,312 |
| 9. | Provisions for liabilities |
| 2022 | 2021 |
| £ | £ |
| Deferred tax | 1,055 | 88 |
| Deferred |
| tax |
| £ |
| Balance at 1 June 2021 |
| Charge to Income statement during year |
| Balance at 31 May 2022 |
| 10. | Called up share capital |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2022 | 2021 |
| value: | £ | £ |
| Ordinary | £1 | 100 | 100 |
| 11. | Ultimate controlling party |
| The company is controlled by the director, Mr D Broad, who owns 100% of the issued share capital. |