Silverfin false 31/03/2023 21/01/2022 31/03/2023 Mr N G Ball 21/01/2022 18 October 2023 The principal activity of the company during the financial period was that of treatment and disposal of non-hazardous waste. 13863111 2023-03-31 13863111 bus:Director1 2023-03-31 13863111 core:CurrentFinancialInstruments 2023-03-31 13863111 core:Non-currentFinancialInstruments 2023-03-31 13863111 core:ShareCapital 2023-03-31 13863111 core:RetainedEarningsAccumulatedLosses 2023-03-31 13863111 core:LandBuildings 2022-01-20 13863111 core:OtherPropertyPlantEquipment 2022-01-20 13863111 2022-01-20 13863111 core:LandBuildings 2023-03-31 13863111 core:OtherPropertyPlantEquipment 2023-03-31 13863111 core:CurrentFinancialInstruments 1 2023-03-31 13863111 bus:OrdinaryShareClass1 2023-03-31 13863111 bus:OrdinaryShareClass2 2023-03-31 13863111 bus:OrdinaryShareClass3 2023-03-31 13863111 bus:OrdinaryShareClass4 2023-03-31 13863111 core:WithinOneYear 2023-03-31 13863111 core:BetweenOneFiveYears 2023-03-31 13863111 2022-01-21 2023-03-31 13863111 bus:FullAccounts 2022-01-21 2023-03-31 13863111 bus:SmallEntities 2022-01-21 2023-03-31 13863111 bus:AuditExemptWithAccountantsReport 2022-01-21 2023-03-31 13863111 bus:PrivateLimitedCompanyLtd 2022-01-21 2023-03-31 13863111 bus:Director1 2022-01-21 2023-03-31 13863111 core:LandBuildings core:TopRangeValue 2022-01-21 2023-03-31 13863111 core:OtherPropertyPlantEquipment core:TopRangeValue 2022-01-21 2023-03-31 13863111 core:LandBuildings 2022-01-21 2023-03-31 13863111 core:OtherPropertyPlantEquipment 2022-01-21 2023-03-31 13863111 core:CurrentFinancialInstruments 2022-01-21 2023-03-31 13863111 core:Non-currentFinancialInstruments 2022-01-21 2023-03-31 13863111 bus:OrdinaryShareClass1 2022-01-21 2023-03-31 13863111 bus:OrdinaryShareClass2 2022-01-21 2023-03-31 13863111 bus:OrdinaryShareClass3 2022-01-21 2023-03-31 13863111 bus:OrdinaryShareClass4 2022-01-21 2023-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 13863111 (England and Wales)

DTM RECYCLED AGGREGATES LIMITED

Unaudited Financial Statements
For the financial period from 21 January 2022 to 31 March 2023
Pages for filing with the registrar

DTM RECYCLED AGGREGATES LIMITED

Unaudited Financial Statements

For the financial period from 21 January 2022 to 31 March 2023

Contents

DTM RECYCLED AGGREGATES LIMITED

COMPANY INFORMATION

For the financial period from 21 January 2022 to 31 March 2023
DTM RECYCLED AGGREGATES LIMITED

COMPANY INFORMATION (continued)

For the financial period from 21 January 2022 to 31 March 2023
DIRECTOR Mr N G Ball
REGISTERED OFFICE Ambrison House Lorn Haven Business Park
Ashburton
Newton Abbot
TQ13 7FF
England
United Kingdom
COMPANY NUMBER 13863111 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Sigma House
Oak View Close
Edginswell Park
Torquay
TQ2 7FF
DTM RECYCLED AGGREGATES LIMITED

BALANCE SHEET

As at 31 March 2023
DTM RECYCLED AGGREGATES LIMITED

BALANCE SHEET (continued)

As at 31 March 2023
Note 31.03.2023
£
Fixed assets
Tangible assets 3 52,029
52,029
Current assets
Debtors 4 35,748
Cash at bank and in hand 1,496
37,244
Creditors: amounts falling due within one year 5 ( 110,487)
Net current liabilities (73,243)
Total assets less current liabilities (21,214)
Creditors: amounts falling due after more than one year 6 ( 13,296)
Net liabilities ( 34,510)
Capital and reserves
Called-up share capital 7 100
Profit and loss account ( 34,610 )
Total shareholders' deficit ( 34,510)

For the financial period ending 31 March 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of DTM Recycled Aggregates Limited (registered number: 13863111) were approved and authorised for issue by the Director on 18 October 2023. They were signed on its behalf by:

Mr N G Ball
Director
DTM RECYCLED AGGREGATES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 21 January 2022 to 31 March 2023
DTM RECYCLED AGGREGATES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 21 January 2022 to 31 March 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

DTM Recycled Aggregates Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is:

Ambrison House
Lorn Haven Business Park
Ashburton
Newton Abbot
TQ13 7FF

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director notes that the business has net liabilities of £34,510. The Company is supported through loans from the director's connected companies. The director has confirmed that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the director will continue to support the Company. Given the current position, the director believes that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Revenue from services is recognised as they are delivered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Land and buildings 4 years straight line
Plant and machinery etc. 6.67 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

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.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

2. Employees

Period from
21.01.2022 to
31.03.2023
Number
Monthly average number of persons employed by the Company during the period, including the director 1

3. Tangible assets

Land and buildings Plant and machinery etc. Total
£ £ £
Cost
At 21 January 2022 0 0 0
Additions 4,805 57,098 61,903
At 31 March 2023 4,805 57,098 61,903
Accumulated depreciation
At 21 January 2022 0 0 0
Charge for the financial period 1,201 8,673 9,874
At 31 March 2023 1,201 8,673 9,874
Net book value
At 31 March 2023 3,604 48,425 52,029

4. Debtors

31.03.2023
£
Trade debtors 1,200
Other debtors 34,548
35,748

5. Creditors: amounts falling due within one year

31.03.2023
£
Trade creditors 7
Amounts owed to connected companies 105,493
Obligations under finance leases and hire purchase contracts (secured) 4,198
Other creditors 789
110,487

The hire purchase contracts are secured over the assets to which it relates.

6. Creditors: amounts falling due after more than one year

31.03.2023
£
Obligations under finance leases and hire purchase contracts (secured) 13,296

The hire purchase contracts are secured over the assets to which it relates.

7. Called-up share capital

31.03.2023
£
Allotted, called-up and fully-paid
25 Ordinary shares of £ 1.00 each 25
25 Ordinary A shares of £ 1.00 each 25
25 Ordinary B shares of £ 1.00 each 25
25 Ordinary C shares of £ 1.00 each 25
100

Upon incorporation of the company, 25 Ordinary shares, 25 Ordinary A shares, 25 Ordinary B shares and 25 Ordinary C shares were allotted with an aggregate nominal value of £100 and consideration of £100 was received.

8. Financial commitments

Commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

31.03.2023
£
within one year 6,000
between one and five years 12,000
18,000