Dispute Negotiators Limited - Accounts to registrar (filleted) - small 22.3
Dispute Negotiators Limited - Accounts to registrar (filleted) - small 22.3
| REGISTERED NUMBER: |
| Dispute Negotiators Limited |
| Unaudited Financial Statements |
| for the Year Ended 30th June 2022 |
| Dispute Negotiators Limited (Registered number: SC304619) |
| Contents of the Financial Statements |
| for the year ended 30th June 2022 |
| Page |
| Company information | 1 |
| Balance sheet | 2 | to | 3 |
| Notes to the financial statements | 4 | to | 6 |
| Dispute Negotiators Limited |
| Company Information |
| for the year ended 30th June 2022 |
| Director: |
| Registered office: |
| Business address: |
| Registered number: |
| Accountants: |
| Academy House |
| Shedden Park Road |
| Kelso |
| Roxburghshire |
| TD5 7AL |
| Dispute Negotiators Limited (Registered number: SC304619) |
| Balance Sheet |
| 30th June 2022 |
| 2022 | 2021 |
| Notes | £ | £ | £ | £ |
| Fixed assets |
| Tangible assets | 4 |
| Current assets |
| Debtors | 5 |
| Cash at bank |
| Creditors |
| Amounts falling due within one year | 6 |
| Net current assets |
| Total assets less current liabilities |
| Provisions for liabilities |
| Net assets |
| Capital and reserves |
| Called up share capital |
| Retained earnings |
| Shareholders' funds |
| Dispute Negotiators Limited (Registered number: SC304619) |
| Balance Sheet - continued |
| 30th June 2022 |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Statement of income and retained earnings has not been delivered. |
| The financial statements were approved by the director and authorised for issue on |
| Dispute Negotiators Limited (Registered number: SC304619) |
| Notes to the Financial Statements |
| for the year ended 30th June 2022 |
| 1. | Statutory information |
| Dispute Negotiators Limited is a |
| 2. | Accounting policies |
| Basis of preparing the financial statements |
| Tangible fixed assets |
| Fixtures and equipment | - |
| Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. |
| Financial instruments |
| The following assets and liabilities are classified as financial instruments - trade creditors, accruals and directors' loans. |
| Directors' loans (being repayable on demand), trade creditors and accruals are measured at the undiscounted amount of the cash or other consideration expected to be paid or received. |
| Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
| 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. |
| Dispute Negotiators Limited (Registered number: SC304619) |
| Notes to the Financial Statements - continued |
| for the year ended 30th June 2022 |
| 2. | Accounting policies - continued |
| Provisions |
| Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the balance sheet date and that a payment will be required in settlement that can be estimated reliably. Where material, provisions are calculated on a discounted basis. |
| Going concern |
| The director has considered the company's financial position for a period of 12 months from the date of signing these financial statements and has reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, he continues to adopt the going concern basis in preparing these financial statements. |
| 3. | Employees and directors |
| The average number of employees during the year was NIL (2021 - NIL). |
| 4. | Tangible fixed assets |
| Fixtures |
| and |
| equipment |
| £ |
| Cost |
| At 1st July 2021 |
| and 30th June 2022 |
| Depreciation |
| At 1st July 2021 |
| Charge for year |
| At 30th June 2022 |
| Net book value |
| At 30th June 2022 |
| At 30th June 2021 |
| 5. | Debtors |
| 2022 | 2021 |
| £ | £ |
| Amounts falling due within one year: |
| Other debtors |
| Amounts falling due after more than one year: |
| Other debtors |
| Aggregate amounts |
| Dispute Negotiators Limited (Registered number: SC304619) |
| Notes to the Financial Statements - continued |
| for the year ended 30th June 2022 |
| 6. | Creditors: amounts falling due within one year |
| 2022 | 2021 |
| £ | £ |
| Trade creditors |
| Other creditors |
| 7. | Director's advances, credits and guarantees |
| The following advances and credits to a director subsisted during the years ended 30th June 2022 and 30th June 2021: |
| 2022 | 2021 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid | ( |
) | ( |
) |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of year |
| This loan is unsecured and repayable on demand, interest has been charged at rates published by HMRC. |
| 8. | Post balance sheet events |
| Since the year end, on 22 February 2023, an interim dividend for the year ended 30 June 2023 of £20 per share has been declared. |