IRIS Accounts Production v23.3.1.45 06357508 director 1.4.22 31.3.23 31.3.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure063575082022-03-31063575082023-03-31063575082022-04-012023-03-31063575082021-03-31063575082021-04-012022-03-31063575082022-03-3106357508ns16:EnglandWales2022-04-012023-03-3106357508ns15:PoundSterling2022-04-012023-03-3106357508ns11:Director12022-04-012023-03-3106357508ns11:PrivateLimitedCompanyLtd2022-04-012023-03-3106357508ns11:SmallEntities2022-04-012023-03-3106357508ns11:AuditExempt-NoAccountantsReport2022-04-012023-03-3106357508ns11:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3106357508ns11:SmallCompaniesRegimeForAccounts2022-04-012023-03-3106357508ns11:FullAccounts2022-04-012023-03-3106357508ns11:OrdinaryShareClass12022-04-012023-03-3106357508ns11:RegisteredOffice2022-04-012023-03-3106357508ns6:CurrentFinancialInstruments2023-03-3106357508ns6:CurrentFinancialInstruments2022-03-3106357508ns6:Non-currentFinancialInstruments2023-03-3106357508ns6:Non-currentFinancialInstruments2022-03-3106357508ns6:ShareCapital2023-03-3106357508ns6:ShareCapital2022-03-3106357508ns6:RetainedEarningsAccumulatedLosses2023-03-3106357508ns6:RetainedEarningsAccumulatedLosses2022-03-3106357508ns6:PlantMachinery2022-04-012023-03-3106357508ns6:FurnitureFittings2022-04-012023-03-3106357508ns6:MotorVehicles2022-04-012023-03-3106357508ns6:ComputerEquipment2022-04-012023-03-3106357508ns6:PlantMachinery2022-03-3106357508ns6:PlantMachinery2023-03-3106357508ns6:PlantMachinery2022-03-3106357508ns6:PlantMachineryns6:LeasedAssetsHeldAsLessee2022-03-3106357508ns6:PlantMachineryns6:LeasedAssetsHeldAsLessee2023-03-3106357508ns6:PlantMachineryns6:LeasedAssetsHeldAsLessee2022-04-012023-03-3106357508ns6:PlantMachineryns6:LeasedAssetsHeldAsLessee2022-03-3106357508ns6:WithinOneYearns6:CurrentFinancialInstruments2023-03-3106357508ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-3106357508ns6:Secured2023-03-3106357508ns6:Secured2022-03-3106357508ns11:OrdinaryShareClass12023-03-31
REGISTERED NUMBER: 06357508 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

DMAC LIMING LTD

DMAC LIMING LTD (REGISTERED NUMBER: 06357508)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DMAC LIMING LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: D McLeod





REGISTERED OFFICE: Windover House
St. Ann Street
Salisbury
SP1 2DR





REGISTERED NUMBER: 06357508 (England and Wales)





ACCOUNTANTS: Fawcetts LLP
Chartered Accountants
Windover House
St. Ann Street
Salisbury
SP1 2DR

DMAC LIMING LTD (REGISTERED NUMBER: 06357508)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 54,668 62,499

CURRENT ASSETS
Debtors 5 54,986 89,182
Cash at bank and in hand 12,301 13
67,287 89,195
CREDITORS
Amounts falling due within one year 6 97,349 114,868
NET CURRENT LIABILITIES (30,062 ) (25,673 )
TOTAL ASSETS LESS CURRENT LIABILITIES 24,606 36,826

CREDITORS
Amounts falling due after more than one
year

7

(2,506

)

(13,709

)

PROVISIONS FOR LIABILITIES (9,676 ) (11,119 )
NET ASSETS 12,424 11,998

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 12,423 11,997
SHAREHOLDERS' FUNDS 12,424 11,998

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

DMAC LIMING LTD (REGISTERED NUMBER: 06357508)

BALANCE SHEET - continued
31 MARCH 2023


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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 November 2023 and were signed by:





D McLeod - Director


DMAC LIMING LTD (REGISTERED NUMBER: 06357508)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023


1. STATUTORY INFORMATION

DMAC Liming Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on a going concern basis which is thought to be appropriate because the director intends to provide additional funds to meet the company's liabilities as they fall due. The financial statements do not contain any adjustments that might be necessary if the additional funds were not available.

The financial statements are presented in Sterling (£) which is the functional currency of the company.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


DMAC LIMING LTD (REGISTERED NUMBER: 06357508)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Debtors
Debtors are measured at their recoverable amount.

Creditors and provisions
Creditors and provisions are recognised where the company has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

DMAC LIMING LTD (REGISTERED NUMBER: 06357508)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 190,807
Additions 14,848
Disposals (16,474 )
At 31 March 2023 189,181
DEPRECIATION
At 1 April 2022 128,308
Charge for year 18,223
Eliminated on disposal (12,018 )
At 31 March 2023 134,513
NET BOOK VALUE
At 31 March 2023 54,668
At 31 March 2022 62,499

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 April 2022 39,148
Transfer to ownership (11,726 )
At 31 March 2023 27,422
DEPRECIATION
At 1 April 2022 20,155
Charge for year 3,373
Transfer to ownership (6,229 )
At 31 March 2023 17,299
NET BOOK VALUE
At 31 March 2023 10,123
At 31 March 2022 18,993

DMAC LIMING LTD (REGISTERED NUMBER: 06357508)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 54,986 89,182

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 7,350 12,710
Hire purchase contracts 3,633 7,673
Trade creditors 41,828 55,750
Taxation and social security 25,691 20,060
Other creditors 18,847 18,675
97,349 114,868

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 2,506 10,076
Hire purchase contracts - 3,633
2,506 13,709

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Hire Purchase due in 1-2yrs 3,633 7,674
Hire Purchase due in 2-5yrs - 3,633
3,633 11,307

Assets held under hire purchase agreements are secured on the assets to which they relate.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1 Ordinary £1 1 1

10. RELATED PARTY DISCLOSURES

Creditors due within one year include £11,182 (2022 - £13,477) which is owed to the director of the company.