Company Registration No. 12439296 (England and Wales)
The Dirty Doughnut Ltd
Unaudited accounts
for the period from 3 February 2020 to 28 February 2021
The Dirty Doughnut Ltd
Unaudited accounts
Contents
The Dirty Doughnut Ltd
Company Information
for the period from 3 February 2020 to 28 February 2021
Company Number
12439296 (England and Wales)
Registered Office
2 Exeter Street
New Village Road
Hull
East Yorkshire
HU16 4LU
Accountants
Kendall Accountancy Services Limited
2 Exeter Street
New Village Road
Cottingham
East Yorkshire
HU16 4LU
The Dirty Doughnut Ltd
Statement of financial position
as at
28 February 2021
Cash at bank and in hand
17,159
Creditors: amounts falling due within one year
(13,898)
Net current assets
10,502
Total assets less current liabilities
22,280
Creditors: amounts falling due after more than one year
(20,000)
Provisions for liabilities
Called up share capital
1
Profit and loss account
528
For the period ending 28 February 2021 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 director acknowledges her 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 and authorised for issue on 19 March 2021 and were signed on its behalf by
Miss K M Turner
Director
Company Registration No. 12439296
The Dirty Doughnut Ltd
Notes to the Accounts
for the period from 3 February 2020 to 28 February 2021
The Dirty Doughnut Ltd is a private company, limited by shares, registered in England and Wales, registration number 12439296. The registered office is 2 Exeter Street, New Village Road, Hull, East Yorkshire, HU16 4LU.
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 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.
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 sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of 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
25% Cost
Fixtures & fittings
25% Cost
Computer equipment
25% Cost
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Expenditure on research and development is written off in the year in which it is incurred.
The Dirty Doughnut Ltd
Notes to the Accounts
for the period from 3 February 2020 to 28 February 2021
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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.
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 3 February 2020
-
-
-
-
Additions
12,675
1,304
499
14,478
At 28 February 2021
12,675
1,304
499
14,478
Charge for the period
2,579
27
94
2,700
At 28 February 2021
2,579
27
94
2,700
At 28 February 2021
10,096
1,277
405
11,778
Accrued income and prepayments
841
6
Creditors: amounts falling due within one year
2021
Taxes and social security
1,481
Loans from directors
2,417
7
Creditors: amounts falling due after more than one year
2021
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
The Dirty Doughnut Ltd
Notes to the Accounts
for the period from 3 February 2020 to 28 February 2021
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
2021 Movement
-
24,817
22,400
2,417
10
Average number of employees
During the period the average number of employees was 2.