2021-05-01 11956391 2022-04-30 11956391 2021-05-01 2022-04-30 11956391 2021-04-30 11956391 2020-05-01 2021-04-30 11956391 uk-core:WithinOneYear 2021-04-30 11956391 uk-core:WithinOneYear 2022-04-30 11956391 uk-core:ShareCapital 2022-04-30 11956391 uk-core:ShareCapital 2021-04-30 11956391 uk-core:RetainedEarningsAccumulatedLosses 2022-04-30 11956391 uk-core:RetainedEarningsAccumulatedLosses 2021-04-30 11956391 uk-bus:Director1 2021-05-01 2022-04-30 11956391 uk-bus:Director2 2021-05-01 2022-04-30 11956391 uk-core:NetGoodwill 2021-05-01 2022-04-30 11956391 uk-core:PlantMachinery 2021-05-01 2022-04-30 11956391 uk-core:ComputerEquipment 2021-05-01 2022-04-30 11956391 uk-core:MotorVehicles 2021-05-01 2022-04-30 11956391 uk-core:ComputerEquipment 2021-04-30 11956391 uk-core:MotorVehicles 2021-04-30 11956391 uk-core:PlantMachinery 2021-04-30 11956391 uk-core:PlantMachinery 2022-04-30 11956391 uk-core:MotorVehicles 2022-04-30 11956391 uk-core:ComputerEquipment 2022-04-30 11956391 uk-core:BetweenTwoFiveYears 2021-04-30 11956391 uk-core:BetweenTwoFiveYears 2022-04-30 iso4217:GBP xbrli:pure 11956391 uk-bus:AuditExemptWithAccountantsReport 2021-05-01 2022-04-30 11956391 uk-bus:FRS102 2021-05-01 2022-04-30 11956391 uk-bus:FullAccounts 2021-05-01 2022-04-30 11956391 uk-bus:PrivateLimitedCompanyLtd 2021-05-01 2022-04-30
D & L Windows & Doors Ltd
Registered Number:11956391
For the year ended 30 April 2022
England and Wales
Unaudited Financial Statements
2
For the year ended 30 April 2022
D & L Windows & Doors Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
11956391
As at 30 April 2022
D & L Windows & Doors Ltd
Statement of Financial Position
£
£
2021
2022
Notes
Fixed assets
Intangible assets
4,000
6,000
Property, plant and equipment
3,739
5,119
2
7,739
11,119
Current assets
Inventories
11,960
5,052
3
Trade and other receivables
14,318
14,236
4
22,292
Cash and cash equivalents
9,067
28,355
48,570
Trade and other payables: amounts falling due within one
year
(50,820)
(34,241)
6
(2,250)
(5,886)
Net current liabilities
Total assets less current liabilities
1,853
8,869
-
(1,102)
Provisions for liabilities
1,853
Net assets
7,767
Capital and reserves
Called up share capital
2
2
Retained earnings
1,851
7,765
1,853
7,767
Shareholders' funds
For the year ended 30 April 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 of its financial statements for the year ended 30 April 2022 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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 Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr L Brothers Director
Mrs S Brothers Director
These financial statements were approved and authorised for issue by the Board on 25 August 2022 and were signed by:
The notes form part of these financial statements
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4
For the year ended 30 April 2022
D & L Windows & Doors Ltd
Notes to the Financial Statements
Statutory Information
D & L Windows & Doors Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 11956391.
Registered address:
16 Wedmore Close
Duston
Northampton
England
NN5 6AQ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of 5 years.
Property, plant and equipment
Property, plant and equipment, 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 and Machinery
25 Straight line
25 Straight line
Computer Equipment
25 Reducing balance
Motor Vehicles
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
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5
For the year ended 30 April 2022
D & L Windows & Doors Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
Equipment
Motor Vehicles
Plant and
Machinery
£
£
£
£
Cost or
valuation
At 01 May 2021
8,761
1,010
7,000
751
67
-
-
67
Additions
At 30 April 2022
818
7,000
1,010
8,828
Provision for depreciation and impairment
At 01 May 2021
3,642
338
3,063
241
Charge for year
1,447
254
985
208
At 30 April 2022
5,089
592
4,048
449
At 30 April 2022
Net book value
369
2,952
418
3,739
At 30 April 2021
510
3,937
672
5,119
3. Inventories
2021
2022
£
£
Stocks
5,052
11,960
Stock and WIP
4. Trade and other receivables
2021
2022
£
£
Trade debtors
7,450
10,800
Other debtors
6,786
3,518
14,318
14,236
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6
For the year ended 30 April 2022
D & L Windows & Doors Ltd
Notes to the Financial Statements Continued
5. Financial instruments at fair value
The company has elected to apply the provisions of Setion 11 "Basic Financial Instruments" and Section 12 "Other
Financial Instruments Issues" of FRS 102 to all of its financial instruments. Financial instruments are recognised in
the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a
legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to
realise the asset and settle the liability simultaneously.
Basic financial assets
Basic finncial assets, which include debtors and cash and bank balances, are initially measured at transaction price
including transaction costs and are subsequently carried at amortised cost using the effective interest method unless
the arrangement constitues and financing transaction, where the transaction is measured at present value of the
future receipts discounted at a market rate of interest.
Financial assets classified as receivable within one year are not amortised.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements
entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company
after deducting all of its liabilities.
Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares
that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing
transaction, where the debt instrument is measured at the present value of future payments discounted at a market
rate of interest.
Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
6. Trade and other payables: amounts falling due within one year
2021
2022
£
£
Trade creditors
1,887
3,769
Taxation and social security
8,208
17,281
Other creditors
24,146
29,770
34,241
50,820
7. Related party transactions
At the balance sheet date, the directors were jointly owed £22,976 (2021 £28,500) by the company. The loan is
interest free and repayable on demand.
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7
For the year ended 30 April 2022
D & L Windows & Doors Ltd
Notes to the Financial Statements Continued
8. Guarantees and other financial commitments
Lease commitments
At 30 April 2022 the company had annual commitments under non-cancellable operating leases as set out below:
2021
£
2022
£
Operating leases which expire:
1,923
1,923
Within 1 year
4,327
2,404
Within 2 to 5 years
4,327
6,250
9. Average number of persons employed
During the year the average number of employees was 2 (2021 : 2)
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