DICKENS INTERNATIONAL LIMITED

DICKENS INTERNATIONAL LIMITED

DICKENS INTERNATIONAL LIMITED - Company Information

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DICKENS INTERNATIONAL LIMITED

Company Registration Number:
01465174 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2021

Period of accounts

Start date: 01 July 2020

End date: 30 June 2021

DICKENS INTERNATIONAL LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2021

Balance sheet
Notes

DICKENS INTERNATIONAL LIMITED

Balance sheet

As at 30 June 2021


Notes
2021
2020


£
£
Fixed assets
Tangible assets: 3 3,558 4,308
Total fixed assets: 3,558 4,308
Current assets
Debtors: 4 1,526,029 1,471,771
Cash at bank and in hand: 1,409 199
Total current assets: 1,527,438 1,471,970
Creditors: amounts falling due within one year: 5 (544,179) (533,435)
Net current assets (liabilities): 983,259 938,535
Total assets less current liabilities: 986,817 942,843
Creditors: amounts falling due after more than one year: 6 (39,352) 0
Total net assets (liabilities): 947,465 942,843
Capital and reserves
Called up share capital: 250,000 250,000
Profit and loss account: 697,465 692,843
Shareholders funds: 947,465 942,843

The notes form part of these financial statements

DICKENS INTERNATIONAL LIMITED

Balance sheet statements

For the year ending 30 June 2021 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 March 2022
and signed on behalf of the board by:

Name: J A Dempsey
Status: Director

The notes form part of these financial statements

DICKENS INTERNATIONAL LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets and depreciation policy

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:Plant & machinery - 25-30% Straight lineMotor vehicles - 25% Straight lineFixtures and fittings - 10% Straight line

Other accounting policies

InventoriesStocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.Deferred taxDeferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

DICKENS INTERNATIONAL LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2021

2. Employees

2021 2020
Average number of employees during the period 4 4

DICKENS INTERNATIONAL LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2021

3. Tangible Assets

Total
Cost £
At 01 July 2020 53,132
At 30 June 2021 53,132
Depreciation
At 01 July 2020 48,824
Charge for year 750
At 30 June 2021 49,574
Net book value
At 30 June 2021 3,558
At 30 June 2020 4,308

DICKENS INTERNATIONAL LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2021

4. Debtors

Debtors comprise of: Trade debtors - £4,997 (2020 - £5,211), Amounts owed by group undertakings and participating interests - £1,442,441 (£1,418,277), Other debtors - £78,591 (2020 - £48,283)

DICKENS INTERNATIONAL LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2021

5. Creditors: amounts falling due within one year note

Bank loans and overdraft - £10,648 (2020 - £59,810)Trade creditors - £74,952 (2020 - £62,933)Amounts owed to group undertakings and undertakings in which the company has a participating interest - £419,834 (2020 - £372,116)Taxation and social security - £14,974 (2020 - £13,714)Other creditors - £23,771 (2020 - £24,862)

DICKENS INTERNATIONAL LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2021

6. Creditors: amounts falling due after more than one year note

Bank loans and overdraft - £39,352 (2020 - £nil)

DICKENS INTERNATIONAL LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2021

7. Related party transactions

The parent company is Hillingdon International Limited, a company incorporated in England & Wales. The parent company's registered office address is;68 Derby Street,Manchester,M8 8ATDuring the year, the company operated loan accounts with subsidiary companies and associated companies, in which the directors have beneficial interests. The balances as at the Balance Sheet date were as follows:Due from:Dickens Property Group Limited - £849,936 (2020 - £830,159)Linkhaven Limited - £403,893 (2020 - £238,893)Three Counties Investments Limited - £62,608 (2020 - £108,108)Hillingdon International Limited - £43,857 (2020 - £106,271)School Extensions Ltd - £21,151 (2020 - £18,517)Floodjack International Limited - £29,195 (2020 - £14,190)Midgeland Properties Limited - £840 (2020 - £840)Due to:Dickens International SSAS Pension Fund - £233,548 (2020 - £256,548)Linkhaven 2004 Ltd - £88,000 (2020 - £88,000)U.K. Import Corporation Limited - £69,936 (2020 - Due from £51,677)Envision Solutions Ltd - £1,695 (2020 - £nil)