REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
1 APRIL 2023 TO 31 JANUARY 2024 |
FOR |
D & D ENGINEERING (HOLDINGS) LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
1 APRIL 2023 TO 31 JANUARY 2024 |
FOR |
D & D ENGINEERING (HOLDINGS) LIMITED |
D & D ENGINEERING (HOLDINGS) LIMITED (REGISTERED NUMBER: 04966769) |
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 (HOLDINGS) LIMITED |
COMPANY INFORMATION |
for the Period 1 April 2023 to 31 January 2024 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Beckside Court |
Annie Reed Road |
Beverley |
East Yorkshire |
HU17 0LF |
D & D ENGINEERING (HOLDINGS) LIMITED (REGISTERED NUMBER: 04966769) |
BALANCE SHEET |
31 January 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investments | 5 |
Investment property | 6 |
CURRENT ASSETS |
Debtors | 7 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 8 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Share premium |
Capital redemption reserve |
Retained earnings |
SHAREHOLDERS' FUNDS |
The directors acknowledge their 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. |
D & D ENGINEERING (HOLDINGS) LIMITED (REGISTERED NUMBER: 04966769) |
BALANCE SHEET - continued |
31 January 2024 |
The financial statements were approved by the Board of Directors and authorised for issue on |
D & D ENGINEERING (HOLDINGS) LIMITED (REGISTERED NUMBER: 04966769) |
NOTES TO THE FINANCIAL STATEMENTS |
for the Period 1 April 2023 to 31 January 2024 |
1. | STATUTORY INFORMATION |
D & D Engineering (Holdings) 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 a holding company. |
The presentational currency of the financial statements is Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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 directors, 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. |
The directors, having taken into the factors discussed above as well as the uncertainties of the current economic environment, have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. |
Tangible fixed assets |
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
Investment property |
Investment property is included at fair value. Movement in fair value is recognised in the income statement. Deferred taxation is provided on these gains/losses at the rate expected to apply when the property is sold. |
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 impairment. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
D & D ENGINEERING (HOLDINGS) LIMITED (REGISTERED NUMBER: 04966769) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Period 1 April 2023 to 31 January 2024 |
4. | TANGIBLE FIXED ASSETS |
Land and |
buildings |
£ |
COST |
At 1 April 2023 |
Disposals | ( |
) |
At 31 January 2024 |
DEPRECIATION |
At 1 April 2023 |
Eliminated on disposal | ( |
) |
At 31 January 2024 |
NET BOOK VALUE |
At 31 January 2024 |
At 31 March 2023 |
5. | FIXED ASSET INVESTMENTS |
Shares in |
group |
undertakings |
£ |
COST |
At 1 April 2023 |
and 31 January 2024 |
NET BOOK VALUE |
At 31 January 2024 |
At 31 March 2023 |
6. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1 April 2023 |
Disposals | ( |
) |
At 31 January 2024 |
NET BOOK VALUE |
At 31 January 2024 |
At 31 March 2023 |
D & D ENGINEERING (HOLDINGS) LIMITED (REGISTERED NUMBER: 04966769) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Period 1 April 2023 to 31 January 2024 |
6. | INVESTMENT PROPERTY - continued |
The investment proportion of the property was revalued on 25th September 2017 by PPH Commercial.The directors are of the opinion that the market value has not changed. |
7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Amounts owed by group undertakings |
Other debtors |
8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Taxation and social security |
Other creditors |
9. | RELATED PARTY DISCLOSURES |
During the year the company received monthly management fees from its subsidiary, D & D Engineering (Hull) Limited, amounting to £94,500 for the year (2023: £108,600). |
At the balance sheet date the company was owed from D & D Engineering (Hull) Limited £Nil (2023: £143,508). |
During the year the company paid its director and associates a dividend of £60,000 (2023: £46,000). |
At the balance sheet date the company was owed by the director £Nil (2023: £25,000). |
10. | ULTIMATE CONTROLLING PARTY |
The controlling party is M G Robinson. |