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REGISTERED NUMBER: 04968528 (England and Wales)










Financial Statements for the Year Ended 31 October 2023

for

DBM (Coventry) Ltd

DBM (Coventry) Ltd (Registered number: 04968528)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DBM (Coventry) Ltd

Company Information
for the Year Ended 31 October 2023







DIRECTORS: J Kay
J Ryan





REGISTERED OFFICE: Units 7 & 8 Amphion Business Park
Silverstone Drive
Coventry
West Midlands
CV6 6PD





REGISTERED NUMBER: 04968528 (England and Wales)





ACCOUNTANTS: NRB Accountancy Limited
40 Market Place
Belper
Derbyshire
DE56 1FZ

DBM (Coventry) Ltd (Registered number: 04968528)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 81,651 54,123
Investments 5 20,976 20,976
102,627 75,099

CURRENT ASSETS
Stocks 6,175 6,175
Debtors 6 271,100 507,435
Cash at bank and in hand 276,646 338,962
553,921 852,572
CREDITORS
Amounts falling due within one year 7 165,912 443,870
NET CURRENT ASSETS 388,009 408,702
TOTAL ASSETS LESS CURRENT
LIABILITIES

490,636

483,801

PROVISIONS FOR LIABILITIES 15,514 10,283
NET ASSETS 475,122 473,518

CAPITAL AND RESERVES
Called up share capital 150 150
Capital redemption reserve 20 20
Retained earnings 474,952 473,348
SHAREHOLDERS' FUNDS 475,122 473,518

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

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

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.

DBM (Coventry) Ltd (Registered number: 04968528)

Balance Sheet - continued
31 October 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 December 2023 and were signed on its behalf by:





J Ryan - Director


DBM (Coventry) Ltd (Registered number: 04968528)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

DBM (Coventry) 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year 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 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2022 - 12 ) .

DBM (Coventry) Ltd (Registered number: 04968528)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2022 180,960
Additions 54,745
At 31 October 2023 235,705
DEPRECIATION
At 1 November 2022 126,837
Charge for year 27,217
At 31 October 2023 154,054
NET BOOK VALUE
At 31 October 2023 81,651
At 31 October 2022 54,123

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 November 2022
and 31 October 2023 20,976
NET BOOK VALUE
At 31 October 2023 20,976
At 31 October 2022 20,976

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 271,100 507,435

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade creditors 83,620 194,932
Taxation and social security 67,995 187,770
Other creditors 14,297 61,168
165,912 443,870

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the director, Mr J Ryan, introduced funds to and withdrew funds from the company by way of a director's loan account, and the loan is repayable upon demand. At the year end the company owed the director £137 (2022: £146) and this amount is included in creditors.