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REGISTERED NUMBER: 01857422 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 APRIL 2023 TO 31 JANUARY 2024

FOR

D & D ENGINEERING (HULL) LIMITED

D & D ENGINEERING (HULL) LIMITED (REGISTERED NUMBER: 01857422)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Period 1 April 2023 to 31 January 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


D & D ENGINEERING (HULL) LIMITED

COMPANY INFORMATION
for the Period 1 April 2023 to 31 January 2024







DIRECTOR: M G Robinson





SECRETARY: Mrs K E Robinson





REGISTERED OFFICE: Stockholm Road
Sutton Fields Industrial Estate
Hull
HU7 0XW





REGISTERED NUMBER: 01857422 (England and Wales)





ACCOUNTANTS: Sowerby
Chartered Accountants
Beckside Court
Annie Reed Road
Beverley
East Yorkshire
HU17 0LF

D & D ENGINEERING (HULL) LIMITED (REGISTERED NUMBER: 01857422)

BALANCE SHEET
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 - 240,658
Investments 6 - 1
- 240,659

CURRENT ASSETS
Stocks - 226,587
Debtors 7 - 478,650
Cash at bank 644,697 236,821
644,697 942,058
CREDITORS
Amounts falling due within one year 8 5 493,588
NET CURRENT ASSETS 644,692 448,470
TOTAL ASSETS LESS CURRENT
LIABILITIES

644,692

689,129

CREDITORS
Amounts falling due after more than one year 9 - (25,000 )

PROVISIONS FOR LIABILITIES - (35,315 )
NET ASSETS 644,692 628,814

D & D ENGINEERING (HULL) LIMITED (REGISTERED NUMBER: 01857422)

BALANCE SHEET - continued
31 January 2024

2024 2023
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 643,692 627,814
SHAREHOLDERS' FUNDS 644,692 628,814

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2024 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 February 2024 and were signed by:





M G Robinson - Director


D & D ENGINEERING (HULL) LIMITED (REGISTERED NUMBER: 01857422)

NOTES TO THE FINANCIAL STATEMENTS
for the Period 1 April 2023 to 31 January 2024


1. STATUTORY INFORMATION

D & D Engineering (Hull) Limited is a private company limited by shares and incorporated and domiciled in England. It has its registered office and principal place of business at Stockholm Road, Sutton Fields Industrial Estate, Hull, HU7 OXW.

The principal activity of the company is manufacturing of specialist equipment.

The presentational currency of the financial statements is Pound Sterling (£).

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.

Having regard to liquidity risk, current market conditions and other factors affecting the company, the use of the going concern basis of accounting is appropriate as, in the opinion of the director, there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.

Turnover
Turnover is the amount derived from ordinary activities, measured at the fair value of the consideration received or receivable. Turnover excludes value added tax and trade discounts.

Sales are recognised at the point which the company has fulfilled its contractual obligations and the risks and rewards attached to the product, have been transferred to the customer.

Turnover from services is recognised on completion of service, or when those services span the year end date, by reference to the stage of completion at the balance sheet date.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2001, was fully written off one year after the acquisition.


Intangible assets
Patents and licences have been amortised over their estimated useful life in previous years. They are now fully amortised.

Tangible fixed assets
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.

Plant and machinery etc - 20% on cost, 10% on cost and 20% to 33% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

D & D ENGINEERING (HULL) LIMITED (REGISTERED NUMBER: 01857422)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 April 2023 to 31 January 2024


2. ACCOUNTING POLICIES - continued

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell, after making due allowance for obsolete and slow moving items. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Stock is calculated on the first in first out basis.

In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacture/completion.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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 period 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.

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.

Valuation of investments
Investments held as fixed assets are stated at cost less any impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 13 (2023 - 15 ) .

D & D ENGINEERING (HULL) LIMITED (REGISTERED NUMBER: 01857422)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 April 2023 to 31 January 2024


4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1 April 2023 5,000 5,982 10,982
Disposals (5,000 ) (5,982 ) (10,982 )
At 31 January 2024 - - -
AMORTISATION
At 1 April 2023 5,000 5,982 10,982
Eliminated on disposal (5,000 ) (5,982 ) (10,982 )
At 31 January 2024 - - -
NET BOOK VALUE
At 31 January 2024 - - -
At 31 March 2023 - - -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 1,208,822
Disposals (1,208,822 )
At 31 January 2024 -
DEPRECIATION
At 1 April 2023 968,164
Charge for period 17,418
Eliminated on disposal (985,582 )
At 31 January 2024 -
NET BOOK VALUE
At 31 January 2024 -
At 31 March 2023 240,658

D & D ENGINEERING (HULL) LIMITED (REGISTERED NUMBER: 01857422)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 April 2023 to 31 January 2024


6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2023 1
Disposals (1 )
At 31 January 2024 -
NET BOOK VALUE
At 31 January 2024 -
At 31 March 2023 1

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 472,818
Other debtors - 5,832
- 478,650

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 10,000
Trade creditors - 268,825
Amounts owed to group undertakings - 143,509
Taxation and social security 5 58,212
Other creditors - 13,042
5 493,588

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 25,000

10. RELATED PARTY DISCLOSURES

During the year the company paid monthly management charges to its parent company, D & D Engineering (Holdings) Limited, amounting to £94,500 for the year (2023: £108,600).

At the balance sheet date the company owed D & D Engineering (Holdings) Limited £Nil (2023: £143,508).

D & D ENGINEERING (HULL) LIMITED (REGISTERED NUMBER: 01857422)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 April 2023 to 31 January 2024


11. ULTIMATE CONTROLLING PARTY

The companys ultimate controlling party is D & D Engineering (Holdings) Limited .