Caseware UK (AP4) 2022.0.179 2022.0.179 2023-04-302023-04-3042022-05-01falsePlumbing and heating services4truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13349306 2022-05-01 2023-04-30 13349306 2021-04-21 2022-04-30 13349306 2023-04-30 13349306 2022-04-30 13349306 c:Director1 2022-05-01 2023-04-30 13349306 c:Director2 2022-05-01 2023-04-30 13349306 d:MotorVehicles 2022-05-01 2023-04-30 13349306 d:MotorVehicles 2023-04-30 13349306 d:MotorVehicles 2022-04-30 13349306 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-05-01 2023-04-30 13349306 d:CurrentFinancialInstruments 2023-04-30 13349306 d:CurrentFinancialInstruments 2022-04-30 13349306 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 13349306 d:CurrentFinancialInstruments d:WithinOneYear 2022-04-30 13349306 d:ShareCapital 2023-04-30 13349306 d:ShareCapital 2022-04-30 13349306 d:RetainedEarningsAccumulatedLosses 2023-04-30 13349306 d:RetainedEarningsAccumulatedLosses 2022-04-30 13349306 c:OrdinaryShareClass1 2022-05-01 2023-04-30 13349306 c:OrdinaryShareClass1 2023-04-30 13349306 c:OrdinaryShareClass1 2022-04-30 13349306 c:FRS102 2022-05-01 2023-04-30 13349306 c:AuditExemptWithAccountantsReport 2022-05-01 2023-04-30 13349306 c:FullAccounts 2022-05-01 2023-04-30 13349306 c:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 13349306 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2022-05-01 2023-04-30 13349306 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2023-04-30 13349306 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2022-04-30 13349306 2 2022-05-01 2023-04-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13349306










DGPHE & BARNARDS RENEWABLES LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2023

 
DGPHE & BARNARDS RENEWABLES LTD
 

CONTENTS



Page
Accountants' Report
 
 
1
Balance Sheet
 
 
2 - 3
Notes to the Financial Statements
 
 
4 - 8


 
DGPHE & BARNARDS RENEWABLES LTD
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF DGPHE & BARNARDS RENEWABLES LTD
FOR THE YEAR ENDED 30 APRIL 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of DGPHE & Barnards Renewables Ltd for the year ended 30 April 2023 which comprise  the Balance Sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of Directors of DGPHE & Barnards Renewables Ltd, as a body, in accordance with the terms of our engagement letter dated 18 June 2021Our work has been undertaken solely to prepare for your approval the financial statements of DGPHE & Barnards Renewables Ltd  and state those matters that we have agreed to state to the Board of Directors of DGPHE & Barnards Renewables Ltd, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than DGPHE & Barnards Renewables Ltd and its Board of Directors, as a body, for our work or for this report. 

It is your duty to ensure that DGPHE & Barnards Renewables Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of DGPHE & Barnards Renewables Ltd. You consider that DGPHE & Barnards Renewables Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of DGPHE & Barnards Renewables Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



MA Partners LLP
 
Chartered Accountants
  
7 The Close
Norwich
Norfolk
NR1 4DJ
29 September 2023
Page 1

 
DGPHE & BARNARDS RENEWABLES LTD
REGISTERED NUMBER: 13349306

BALANCE SHEET
AS AT 30 APRIL 2023

2023
2022
Note
£
£




Fixed assets
  

Tangible assets
 4 
10,312
5,250

  
10,312
5,250

Current assets
  

Stocks
  
4,134
3,900

Debtors: amounts falling due within one year
 5 
14,342
10,982

Cash at bank and in hand
  
9,647
37,248

  
28,123
52,130

Creditors: amounts falling due within one year
 6 
(23,051)
(22,673)

Net current assets
  
 
 
5,072
 
 
29,457

Total assets less current liabilities
  
15,384
34,707

Provisions for liabilities
  

Deferred tax
  
(1,959)
(1,391)

  
 
 
(1,959)
 
 
(1,391)

Net assets
  
13,425
33,316


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
13,325
33,216

  
13,425
33,316


Page 2

 
DGPHE & BARNARDS RENEWABLES LTD
REGISTERED NUMBER: 13349306
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 29 September 2023.




Mr D C Gipson
Mr D G Barnard
Director
Director

The notes on pages 4 to 8 form part of these financial statements.

Page 3

 
DGPHE & BARNARDS RENEWABLES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

1.


General information

The company is a private company incorporated in the United Kingdom and limited by shares. It is registered in England and Wales. The address of its registered office is 2 Cyprus Court, Attleborough, NR17 2AE.  The principle place of trade is Tibbenham.
The company's principal activity is that of plumbing and heating renewables engineers. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the Turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before Turnover is recognised:

Sale of goods

Turnover from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of Turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of Turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 4

 
DGPHE & BARNARDS RENEWABLES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

2.Accounting policies (continued)

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 

Deferred tax balances are recognised in respect of timing differences that have originated but not reversed by the balance sheet date.
Current and deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles
-
25%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 5

 
DGPHE & BARNARDS RENEWABLES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

2.Accounting policies (continued)

 
2.8

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. 
At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.10

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.11

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.12

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
Debt instruments that are payable or receivable within one year, typically trade debtors and creditors are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.

 
2.13

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2022 - 4).

Page 6

 
DGPHE & BARNARDS RENEWABLES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

4.


Tangible fixed assets





Motor vehicles

£



Cost or valuation


At 1 May 2022
7,000


Additions
8,500



At 30 April 2023

15,500



Depreciation


At 1 May 2022
1,750


Charge for the year on owned assets
3,438



At 30 April 2023

5,188



Net book value



At 30 April 2023
10,312



At 30 April 2022
5,250

Page 7

 
DGPHE & BARNARDS RENEWABLES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

5.


Debtors

2023
2022
£
£


Trade debtors
8,040
7,564

Other debtors
5,897
3,212

Prepayments and accrued income
405
206

14,342
10,982



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
10,383
9,950

Taxation and other social security costs
5,638
11,296

Other creditors
4,947
177

Accruals and deferred income
2,083
1,250

23,051
22,673



7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares shares of £1.00 each
100
100



8.


Pension commitments

Contributions totalling £189 (2022: £177) were payable to the fund at the balance sheet date and are included in creditors.


9.


Related party transactions

As at 30 April 2023, the company owed £4,758 to the directors (2022: £100 owed from the directors to the company).  This loan is included in other creditors note 6 to the financial statements.
No interest has been charged on the loan and the loan is repayable on demand.

 
Page 8