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Company Registration No. 06943125 (England and Wales)
D & D Plant Service & Repair Limited Unaudited accounts for the year ended 30 June 2023
D & D Plant Service & Repair Limited Unaudited accounts Contents
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D & D Plant Service & Repair Limited Company Information for the year ended 30 June 2023
Directors
Dale John Simmonds David Albert Vincent
Company Number
06943125 (England and Wales)
Registered Office
42 Bideford Road Newport NP20 3BJ
Accountants
Evans Entwistle Venta House Maes-glas Newport NP20 2NS
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Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of D & D Plant Service & Repair Limited for the year ended 30 June 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of D & D Plant Service & Repair Limited for the year ended 30 June 2023 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle Member in Practice Venta House Maes-glas Newport NP20 2NS 31 August 2023
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D & D Plant Service & Repair Limited Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
324,997 
242,523 
Current assets
Debtors
27,909 
37,585 
Cash at bank and in hand
59,335 
71,997 
87,244 
109,582 
Creditors: amounts falling due within one year
(74,157)
(71,766)
Net current assets
13,087 
37,816 
Total assets less current liabilities
338,084 
280,339 
Creditors: amounts falling due after more than one year
(118,808)
(112,339)
Provisions for liabilities
Deferred tax
(60,316)
(60,631)
Net assets
158,960 
107,369 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
158,958 
107,367 
Shareholders' funds
158,960 
107,369 
For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 August 2023 and were signed on its behalf by
Dale John Simmonds Director Company Registration No. 06943125
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D & D Plant Service & Repair Limited Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
D & D Plant Service & Repair Limited is a private company, limited by shares, registered in England and Wales, registration number 06943125. The registered office is 42 Bideford Road, Newport, NP20 3BJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10 years straight line
Motor vehicles
4 years straight line
Computer equipment
3 years straight line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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D & D Plant Service & Repair Limited Notes to the Accounts for the year ended 30 June 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 July 2022
261,434 
16,682 
- 
2,373 
280,489 
Additions
123,189 
- 
1,120 
1,248 
125,557 
Disposals
(3,950)
- 
- 
- 
(3,950)
At 30 June 2023
380,673 
16,682 
1,120 
3,621 
402,096 
Depreciation
At 1 July 2022
27,427 
10,078 
- 
461 
37,966 
Charge for the year
33,810 
4,170 
224 
929 
39,133 
At 30 June 2023
61,237 
14,248 
224 
1,390 
77,099 
Net book value
At 30 June 2023
319,436 
2,434 
896 
2,231 
324,997 
At 30 June 2022
234,007 
6,604 
- 
1,912 
242,523 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
27,909 
37,585 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
6,178 
5,520 
Obligations under finance leases and hire purchase contracts
57,131 
51,093 
Taxes and social security
10,848 
15,054 
Other creditors
- 
99 
74,157 
71,766 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
9,595 
14,473 
Obligations under finance leases and hire purchase contracts
75,046 
59,466 
Loans from directors
34,167 
38,400 
118,808 
112,339 
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D & D Plant Service & Repair Limited Notes to the Accounts for the year ended 30 June 2023
8
Deferred taxation
2023 
2022 
£ 
£ 
Accelerated capital allowances
60,316 
60,631 
2023 
2022 
£ 
£ 
Provision at start of year
60,631 
16,917 
(Credited)/charged to the profit and loss account
(315)
43,714 
Provision at end of year
60,316 
60,631 
9
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
10
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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