Year Ended
Registration number:
DTSAWB Limited
(previously Devon Tree Services Limited)
Contents
Company Information |
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Balance Sheet |
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Notes to the Financial Statements |
DTSAWB Limited
(previously Devon Tree Services Limited)
Company Information
Directors |
Mr A W Burton Mrs S A Burton |
Company secretary |
Mr A W Burton |
Registered office |
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Accountants |
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DTSAWB Limited
(previously Devon Tree Services Limited)
Balance Sheet
30 September 2021
Note |
2021 |
2020 |
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Fixed assets |
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Tangible assets |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current assets |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Shareholders' funds |
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DTSAWB Limited
(previously Devon Tree Services Limited)
Balance Sheet
30 September 2021
For the financial year ending 30 September 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option not to file the Profit and Loss Account has been taken.
Approved and authorised by the
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Director
Company Registration Number: 05224057
DTSAWB Limited
(previously Devon Tree Services Limited)
Notes to the Financial Statements
Year Ended 30 September 2021
General information |
The company is a private company limited by share capital, incorporated in England & Wales.
The address of its registered office is:
The principal place of business is:
Glenarran
Staverton
Totnes
TQ9 6AL
These financial statements were authorised for issue by the
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Going concern
The directors of DTSAWB LTD have considered the impact of COVID-19.
In the opinion of the directors, the company has sufficient working capital within existing facilities to continue to operate for the foreseeable future, and therefore the financial statements have been prepared on a going concern basis.
DTSAWB Limited
(previously Devon Tree Services Limited)
Notes to the Financial Statements
Year Ended 30 September 2021
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts and after eliminating sales within the company.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
Tax
Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Tangible assets
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
Asset class |
Depreciation method and rate |
Freehold property |
2% Straight line |
DTSAWB Limited
(previously Devon Tree Services Limited)
Notes to the Financial Statements
Year Ended 30 September 2021
Financial instruments
Classification
• Short term trade and other debtors and creditors; and
• Cash and bank balances.
All financial instruments are classified as basic.
Recognition and measurement
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.
Such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Tangible assets |
Land and buildings |
Total |
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Cost or valuation |
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At 1 October 2020 |
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At 30 September 2021 |
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Depreciation |
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At 1 October 2020 |
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Charge for the year |
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At 30 September 2021 |
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Carrying amount |
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At 30 September 2021 |
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At 30 September 2020 |
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DTSAWB Limited
(previously Devon Tree Services Limited)
Notes to the Financial Statements
Year Ended 30 September 2021
Debtors |
2021 |
2020 |
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Other debtors |
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Creditors |
Creditors: amounts falling due within one year
2021 |
2020 |
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Due within one year |
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Corporation tax |
899 |
3,219 |
Taxation and social security |
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Other creditors |
- |
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Accruals and deferred income |
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Share capital |
Allotted, called up and fully paid shares
2021 |
2020 |
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No. |
£ |
No. |
£ |
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500 |
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500 |
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250 |
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250 |
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250 |
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250 |
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DTSAWB Limited
(previously Devon Tree Services Limited)
Notes to the Financial Statements
Year Ended 30 September 2021
Related party transactions |
Advances to directors |
2021 |
At 1 October 2020 |
Advances to director |
Repayments by director |
At 30 September 2021 |
Directors |
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8,548 |
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2020 |
At 1 October 2019 |
Advances to director |
Repayments by director |
At 30 September 2020 |
Directors |
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(16,792) |
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( |
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