2022-05-012023-04-302023-04-30false00964890DAGWOODLINNETTS LTD2023-11-1090030iso4217:GBPxbrli:pure009648902022-05-01009648902023-04-30009648902022-05-012023-04-30009648902021-05-01009648902022-04-30009648902021-05-012022-04-3000964890bus:SmallEntities2022-05-012023-04-3000964890bus:AuditExempt-NoAccountantsReport2022-05-012023-04-3000964890bus:FullAccounts2022-05-012023-04-3000964890bus:PrivateLimitedCompanyLtd2022-05-012023-04-3000964890core:WithinOneYear2023-04-3000964890core:AfterOneYear2023-04-3000964890core:WithinOneYear2022-04-3000964890core:AfterOneYear2022-04-3000964890core:ShareCapital2023-04-3000964890core:SharePremium2023-04-3000964890core:RevaluationReserve2023-04-3000964890core:OtherReservesSubtotal2023-04-3000964890core:RetainedEarningsAccumulatedLosses2023-04-3000964890core:ShareCapital2022-04-3000964890core:SharePremium2022-04-3000964890core:RevaluationReserve2022-04-3000964890core:OtherReservesSubtotal2022-04-3000964890core:RetainedEarningsAccumulatedLosses2022-04-3000964890core:LandBuildings2023-04-3000964890core:PlantMachinery2023-04-3000964890core:Vehicles2023-04-3000964890core:FurnitureFittings2023-04-3000964890core:OfficeEquipment2023-04-3000964890core:NetGoodwill2023-04-3000964890core:IntangibleAssetsOtherThanGoodwill2023-04-3000964890core:ListedExchangeTraded2023-04-3000964890core:UnlistedNon-exchangeTraded2023-04-3000964890core:LandBuildings2022-04-3000964890core:PlantMachinery2022-04-3000964890core:Vehicles2022-04-3000964890core:FurnitureFittings2022-04-3000964890core:OfficeEquipment2022-04-3000964890core:NetGoodwill2022-04-3000964890core:IntangibleAssetsOtherThanGoodwill2022-04-3000964890core:ListedExchangeTraded2022-04-3000964890core:UnlistedNon-exchangeTraded2022-04-3000964890core:LandBuildings2022-05-012023-04-3000964890core:PlantMachinery2022-05-012023-04-3000964890core:Vehicles2022-05-012023-04-3000964890core:FurnitureFittings2022-05-012023-04-3000964890core:OfficeEquipment2022-05-012023-04-3000964890core:NetGoodwill2022-05-012023-04-3000964890core:IntangibleAssetsOtherThanGoodwill2022-05-012023-04-3000964890core:ListedExchangeTraded2022-05-012023-04-3000964890core:UnlistedNon-exchangeTraded2022-05-012023-04-3000964890core:MoreThanFiveYears2022-05-012023-04-3000964890core:Non-currentFinancialInstruments2023-04-3000964890core:Non-currentFinancialInstruments2022-04-3000964890dpl:CostSales2022-05-012023-04-3000964890dpl:DistributionCosts2022-05-012023-04-3000964890core:LandBuildings2022-05-012023-04-3000964890core:PlantMachinery2022-05-012023-04-3000964890core:Vehicles2022-05-012023-04-3000964890core:FurnitureFittings2022-05-012023-04-3000964890core:OfficeEquipment2022-05-012023-04-3000964890dpl:AdministrativeExpenses2022-05-012023-04-3000964890core:NetGoodwill2022-05-012023-04-3000964890core:IntangibleAssetsOtherThanGoodwill2022-05-012023-04-3000964890dpl:GroupUndertakings2022-05-012023-04-3000964890dpl:ParticipatingInterests2022-05-012023-04-3000964890dpl:GroupUndertakingscore:ListedExchangeTraded2022-05-012023-04-3000964890core:ListedExchangeTraded2022-05-012023-04-3000964890dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-05-012023-04-3000964890core:UnlistedNon-exchangeTraded2022-05-012023-04-3000964890dpl:CostSales2021-05-012022-04-3000964890dpl:DistributionCosts2021-05-012022-04-3000964890core:LandBuildings2021-05-012022-04-3000964890core:PlantMachinery2021-05-012022-04-3000964890core:Vehicles2021-05-012022-04-3000964890core:FurnitureFittings2021-05-012022-04-3000964890core:OfficeEquipment2021-05-012022-04-3000964890dpl:AdministrativeExpenses2021-05-012022-04-3000964890core:NetGoodwill2021-05-012022-04-3000964890core:IntangibleAssetsOtherThanGoodwill2021-05-012022-04-3000964890dpl:GroupUndertakings2021-05-012022-04-3000964890dpl:ParticipatingInterests2021-05-012022-04-3000964890dpl:GroupUndertakingscore:ListedExchangeTraded2021-05-012022-04-3000964890core:ListedExchangeTraded2021-05-012022-04-3000964890dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-05-012022-04-3000964890core:UnlistedNon-exchangeTraded2021-05-012022-04-3000964890core:NetGoodwill2023-04-3000964890core:IntangibleAssetsOtherThanGoodwill2023-04-3000964890core:LandBuildings2023-04-3000964890core:PlantMachinery2023-04-3000964890core:Vehicles2023-04-3000964890core:FurnitureFittings2023-04-3000964890core:OfficeEquipment2023-04-3000964890core:AfterOneYear2023-04-3000964890core:WithinOneYear2023-04-3000964890core:ListedExchangeTraded2023-04-3000964890core:UnlistedNon-exchangeTraded2023-04-3000964890core:ShareCapital2023-04-3000964890core:SharePremium2023-04-3000964890core:RevaluationReserve2023-04-3000964890core:OtherReservesSubtotal2023-04-3000964890core:RetainedEarningsAccumulatedLosses2023-04-3000964890core:NetGoodwill2022-04-3000964890core:IntangibleAssetsOtherThanGoodwill2022-04-3000964890core:LandBuildings2022-04-3000964890core:PlantMachinery2022-04-3000964890core:Vehicles2022-04-3000964890core:FurnitureFittings2022-04-3000964890core:OfficeEquipment2022-04-3000964890core:AfterOneYear2022-04-3000964890core:WithinOneYear2022-04-3000964890core:ListedExc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DAGWOODLINNETTS LTD

Registered Number
00964890
(England and Wales)

Unaudited Financial Statements for the Year ended
30 April 2023

DAGWOODLINNETTS LTD
Company Information
for the year from 1 May 2022 to 30 April 2023

Directors

LINNETT, Victoria Louise
MILLER, Anthea Lesley
MILLER, John Joseph
MILLER, Jonathan Robert
USHER, Karen Lesley

Registered Address

1 Gemini Court 42a Throwley Way
Throwley Way
Sutton
SM1 4AF

Registered Number

00964890 (England and Wales)
DAGWOODLINNETTS LTD
Statement of Financial Position
30 April 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets5101,31196,679
Investments61,082,117916,762
1,183,4281,013,441
Current assets
Debtors971,282694,283
Cash at bank and on hand164,939676,004
1,136,2211,370,287
Creditors amounts falling due within one year12(251,803)(260,468)
Net current assets (liabilities)884,4181,109,819
Total assets less current liabilities2,067,8462,123,260
Creditors amounts falling due after one year13(44,371)(33,486)
Provisions for liabilities15(6,957)(2,432)
Net assets2,016,5182,087,342
Capital and reserves
Called up share capital5050
Revaluation reserve(8,056)81,668
Profit and loss account2,024,5242,005,624
Shareholders' funds82,016,5182,087,342
The financial statements were approved and authorised for issue by the Board of Directors on 10 November 2023, and are signed on its behalf by:
MILLER, John Joseph
Director
Registered Company No. 00964890
DAGWOODLINNETTS LTD
Notes to the Financial Statements
for the year ended 30 April 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Turnover policy
Turnover represents sales of goods net of VAT and trade discounts. Turnover is recognised when the goods are physically delivered to the customer. Turnover represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due.
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Plant and machinery25
Fixtures and fittings25
Vehicles25
Office Equipment25
Taxation policy
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax policy
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Leases policy
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 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. Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.
Investments policy
Investments in subsidiary undertakings are recognised at cost.
Employee benefits policy
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.
4.Employee information

20232022
Average number of employees during the year2112
5.Property, plant and equipment

Plant & machinery

Vehicles

Fixtures & fittings

Office Equipment

Total

£££££
Cost or valuation
At 01 May 2285,24871,44960,17822,418239,293
Additions29,898-7,54895738,403
At 30 April 23115,14671,44967,72623,375277,696
Depreciation and impairment
At 01 May 2252,19224,33453,38612,702142,614
Charge for year15,73911,7793,5852,66833,771
At 30 April 2367,93136,11356,97115,370176,385
Net book value
At 30 April 2347,21535,33610,7558,005101,311
At 30 April 2233,05647,1156,7929,71696,679
6.Fixed asset investments

Investments in groups1

Other investments2

Total

£££
Cost or valuation
At 01 May 22-916,762916,762
Additions100626,916627,016
Revaluations-(89,723)(89,723)
Disposals-(371,938)(371,938)
At 30 April 231001,082,0171,082,117
Net book value
At 30 April 231001,082,0171,082,117
At 30 April 22-916,762916,762

Notes

1Investments in group undertakings and participating interests
2Other investments other than loans
7.Revaluation of fixed asset investments
8.Fair value reserve

£
Fair value reserve at 01 May 2281,668
Transferred in period(89,724)
At 30 April 23(8,056)
9.Movements in revaluation reserve

£
Reserve at 01 May 2281,668
Revaluations of other assets(89,724)
At 30 April 23(8,056)
10.Further information regarding the company's financial position
Secured Debts The company's liabilities to National Westminster Bank PLC are secured by way of fixed and floating charges on the company's assets.
11.Debtors within one year

2023

2022

££
Trade debtors / trade receivables644,840353,189
Other debtors326,442341,094
Total971,282694,283
12.Creditors within one year

2023

2022

££
Trade creditors / trade payables126,755106,014
Taxation and social security91,889134,915
Finance lease and HP contracts17,16711,819
Other creditors15,9927,720
Total251,803260,468
13.Creditors after one year

2023

2022

££
Other creditors44,37133,486
Total44,37133,486
14.Finance lease and HP contracts after one year

2023

2022

££
Finance lease and HP contracts44,37133,486
15.Provisions for liabilities

2023

2022

££
Net deferred tax liability (asset)6,9572,432
Total6,9572,432