Company Registration No. NI623366 (Northern Ireland)
DJV Compliance Ltd
Unaudited accounts
for the year ended 31 March 2022
DJV Compliance Ltd
Statement of financial position
as at 31 March 2022
Tangible assets
96,710
89,164
Cash at bank and in hand
186,298
85,473
Creditors: amounts falling due within one year
(501,954)
(433,503)
Net current liabilities
(10,458)
(33,425)
Total assets less current liabilities
86,252
55,739
Creditors: amounts falling due after more than one year
(48,390)
(50,000)
Called up share capital
2,000
2,000
Profit and loss account
35,862
3,739
Shareholders' funds
37,862
5,739
For the year ending 31 March 2022 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 22 December 2022 and were signed on its behalf by
David Osborne
Director
Company Registration No. NI623366
DJV Compliance Ltd
Notes to the Accounts
for the year ended 31 March 2022
DJV Compliance Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI623366. The registered office is Unit 2, Channel Wharf, 21 Old Channel Road, Belfast, Antrim, BT3 9DE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Having reviewed the resources available the directors believe that DJV Compliance Ltd has adequate resources available to enable it to continue to meet its ongoing obligations as and when they fall due for at least a period of 12 months from the date of approval of the financial statements. Accordingly, the company continues to adopt the going concern basis in the preparation of its financial statements.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of waste management services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straight line
Motor vehicles
20% Straight line
Fixtures & fittings
20% Straight line
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
DJV Compliance Ltd
Notes to the Accounts
for the year ended 31 March 2022
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2021
59,643
59,487
7,519
126,649
Additions
-
24,225
5,150
29,375
At 31 March 2022
59,643
83,712
12,669
156,024
At 1 April 2021
24,615
12,577
293
37,485
Charge for the year
7,390
12,935
1,504
21,829
At 31 March 2022
32,005
25,512
1,797
59,314
At 31 March 2022
27,638
58,200
10,872
96,710
At 31 March 2021
35,028
46,910
7,226
89,164
Finished goods
15,000
15,000
Amounts falling due within one year
Trade debtors
242,008
206,234
Amounts due from group undertakings etc.
8,753
42,210
Accrued income and prepayments
39,437
40,758
7
Creditors: amounts falling due within one year
2022
2021
Trade creditors
31,443
21,924
Amounts owed to group undertakings and other participating interests
337,756
336,314
Taxes and social security
75,960
44,716
Other creditors
7,174
4,459
Loans from directors
11,427
12,571
8
Creditors: amounts falling due after more than one year
2022
2021
DJV Compliance Ltd
Notes to the Accounts
for the year ended 31 March 2022
Allotted, called up and fully paid:
600 Ordinary A shares of £1 each
600
600
400 Ordinary B shares of £1 each
400
400
1,000 Ordinary C shares of £1 each
1,000
1,000
10
Transactions with related parties
Included within debtors are amounts owed from connected companies amounting to £8,753 (2021: £42,210). Included within creditors are amounts owed to connected companies amounting to £337,756 (2021: £336,314). All amounts are interest free and repayable on demand.
11
Average number of employees
During the year the average number of employees was 25 (2021: 3).
