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Company Registration No. 10301000 (England and Wales)
DDI FABRICATIONS LTD Unaudited accounts for the year ended 30 September 2023
DDI FABRICATIONS LTD Unaudited accounts Contents
Page
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DDI FABRICATIONS LTD Company Information for the year ended 30 September 2023
Directors
David Hughes Ian Ward
Company Number
10301000 (England and Wales)
Registered Office
UNIT 65 ENFIELD INDUSTRIAL ESTATE REDDITCH WORCESTERSHIRE B97 6DE UNITED KINGDOM
Accountants
AC Counts & Services Ltd Office 42 Imex Business Centre, Oxleasow Road Redditch Worcestershire B98 0RE
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DDI FABRICATIONS LTD Statement of financial position as at 30 September 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
12,000 
- 
Tangible assets
22,772 
15,758 
34,772 
15,758 
Current assets
Inventories
3,683 
5,998 
Debtors
12,759 
45,132 
Cash at bank and in hand
15,021 
11,672 
31,463 
62,802 
Creditors: amounts falling due within one year
(28,313)
(30,076)
Net current assets
3,150 
32,726 
Total assets less current liabilities
37,922 
48,484 
Creditors: amounts falling due after more than one year
(14,851)
(12,763)
Provisions for liabilities
Other provisions
- 
(8,861)
Net assets
23,071 
26,860 
Capital and reserves
Called up share capital
99 
99 
Profit and loss account
22,972 
26,761 
Shareholders' funds
23,071 
26,860 
For the year ending 30 September 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 17 October 2023 and were signed on its behalf by
David Hughes Director Company Registration No. 10301000
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DDI FABRICATIONS LTD Notes to the Accounts for the year ended 30 September 2023
1
Statutory information
DDI FABRICATIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 10301000. The registered office is UNIT 65 ENFIELD INDUSTRIAL ESTATE, REDDITCH, WORCESTERSHIRE, B97 6DE, UNITED KINGDOM.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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
15% Reducing Balance Method
Going concern
The financial statements have been prepared on a going concern basis. This assumes the continued support of the director. The directors have indicated their support will continue for the foreseeable future.
Government grants
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.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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DDI FABRICATIONS LTD Notes to the Accounts for the year ended 30 September 2023
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 October 2022
- 
Additions
16,000 
At 30 September 2023
16,000 
Amortisation
At 1 October 2022
- 
Charge for the year
4,000 
At 30 September 2023
4,000 
Net book value
At 30 September 2023
12,000 
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 October 2022
13,434 
7,195 
4,983 
25,612 
Additions
10,883 
- 
931 
11,814 
At 30 September 2023
24,317 
7,195 
5,914 
37,426 
Depreciation
At 1 October 2022
4,269 
3,639 
1,946 
9,854 
Charge for the year
3,007 
609 
1,184 
4,800 
At 30 September 2023
7,276 
4,248 
3,130 
14,654 
Net book value
At 30 September 2023
17,041 
2,947 
2,784 
22,772 
At 30 September 2022
9,165 
3,556 
3,037 
15,758 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
12,660 
30,586 
Accrued income and prepayments
- 
8,000 
Other debtors
99 
3,296 
12,759 
41,882 
Amounts falling due after more than one year
Accrued income and prepayments
- 
3,250 
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DDI FABRICATIONS LTD Notes to the Accounts for the year ended 30 September 2023
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
6,559 
9,502 
Trade creditors
3,755 
8,059 
Taxes and social security
8,951 
6,878 
Loans from directors
9,048 
5,637 
28,313 
30,076 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
11,351 
12,763 
Other creditors
3,500 
- 
14,851 
12,763 
9
Transactions with related parties
At the year end, there was a balance of £9037 (2021 - £5649) owing to Mr Ian Ward (Director) .
10
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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