IRIS Accounts Production v23.4.0.336 12127930 Board of Directors Board of Directors 1.8.22 31.7.23 31.7.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh121279302022-07-31121279302023-07-31121279302022-08-012023-07-31121279302021-07-31121279302021-08-012022-07-31121279302022-07-3112127930ns15:EnglandWales2022-08-012023-07-3112127930ns14:PoundSterling2022-08-012023-07-3112127930ns10:Director12022-08-012023-07-3112127930ns10:Director22022-08-012023-07-3112127930ns10:PrivateLimitedCompanyLtd2022-08-012023-07-3112127930ns10:SmallEntities2022-08-012023-07-3112127930ns10:AuditExempt-NoAccountantsReport2022-08-012023-07-3112127930ns10:SmallCompaniesRegimeForDirectorsReport2022-08-012023-07-3112127930ns10:SmallCompaniesRegimeForAccounts2022-08-012023-07-3112127930ns10:FullAccounts2022-08-012023-07-3112127930ns10:RegisteredOffice2022-08-012023-07-3112127930ns5:CurrentFinancialInstruments2023-07-3112127930ns5:CurrentFinancialInstruments2022-07-3112127930ns5:Non-currentFinancialInstruments2023-07-3112127930ns5:Non-currentFinancialInstruments2022-07-3112127930ns5:ShareCapital2023-07-3112127930ns5:ShareCapital2022-07-3112127930ns5:RetainedEarningsAccumulatedLosses2023-07-3112127930ns5:RetainedEarningsAccumulatedLosses2022-07-3112127930ns5:PlantMachinery2022-08-012023-07-3112127930ns5:FurnitureFittings2022-08-012023-07-3112127930ns5:MotorVehicles2022-08-012023-07-3112127930ns5:ComputerEquipment2022-08-012023-07-3112127930ns5:PlantMachinery2022-07-3112127930ns5:FurnitureFittings2022-07-3112127930ns5:MotorVehicles2022-07-3112127930ns5:ComputerEquipment2022-07-3112127930ns5:PlantMachinery2023-07-3112127930ns5:FurnitureFittings2023-07-3112127930ns5:MotorVehicles2023-07-3112127930ns5:ComputerEquipment2023-07-3112127930ns5:PlantMachinery2022-07-3112127930ns5:FurnitureFittings2022-07-3112127930ns5:MotorVehicles2022-07-3112127930ns5:ComputerEquipment2022-07-3112127930ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-07-3112127930ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-07-3112127930ns5:DeferredTaxation2022-07-3112127930ns5:DeferredTaxation2022-08-012023-07-3112127930ns5:DeferredTaxation2023-07-3112127930ns5:RetainedEarningsAccumulatedLosses2022-07-3112127930ns5:RetainedEarningsAccumulatedLosses2022-08-012023-07-31
REGISTERED NUMBER: 12127930 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

D & M Pattern and Tooling Ltd

D & M Pattern and Tooling Ltd (Registered number: 12127930)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


D & M Pattern and Tooling Ltd

Company Information
for the Year Ended 31 July 2023







DIRECTORS: Mr M Jolly
Mr D Nixon





REGISTERED OFFICE: 16 Linnell Drive
Rochdale
Lancashire
OL11 5QP





REGISTERED NUMBER: 12127930 (England and Wales)





ACCOUNTANTS: Versatile Accountancy Services Ltd
The Old Printworks
65 Church Street
Littleborough
Lancashire
OL15 8AB

D & M Pattern and Tooling Ltd (Registered number: 12127930)

Statement of Financial Position
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 95,349 113,607

CURRENT ASSETS
Stocks 5 37,500 28,000
Debtors 6 110,846 94,502
Cash at bank 73,772 180,217
222,118 302,719
CREDITORS
Amounts falling due within one year 7 101,239 137,194
NET CURRENT ASSETS 120,879 165,525
TOTAL ASSETS LESS CURRENT
LIABILITIES

216,228

279,132

CREDITORS
Amounts falling due after more than
one year

8

(31,660

)

(56,094

)

PROVISIONS FOR LIABILITIES 9 (15,988 ) (20,152 )
NET ASSETS 168,580 202,886

D & M Pattern and Tooling Ltd (Registered number: 12127930)

Statement of Financial Position - continued
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 10 168,578 202,884
SHAREHOLDERS' FUNDS 168,580 202,886

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

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 14 February 2024 and were signed on its behalf by:




Mr D Nixon - Director



Mr M Jolly - Director


D & M Pattern and Tooling Ltd (Registered number: 12127930)

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

1. STATUTORY INFORMATION

D & M Pattern and Tooling 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 - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 15% on reducing balance

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 statement of financial position date.


D & M Pattern and Tooling Ltd (Registered number: 12127930)

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

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 7 (2022 - 6 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 August 2022 148,476 1,417 2,800 1,505 154,198
Disposals - - (2,800 ) - (2,800 )
At 31 July 2023 148,476 1,417 - 1,505 151,398
DEPRECIATION
At 1 August 2022 38,438 491 1,181 481 40,591
Charge for year 16,371 139 - 129 16,639
Eliminated on disposal - - (1,181 ) - (1,181 )
At 31 July 2023 54,809 630 - 610 56,049
NET BOOK VALUE
At 31 July 2023 93,667 787 - 895 95,349
At 31 July 2022 110,038 926 1,619 1,024 113,607

D & M Pattern and Tooling Ltd (Registered number: 12127930)

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

5. STOCKS
31.7.23 31.7.22
£    £   
Stocks 12,000 8,000
Work-in-progress 25,500 20,000
37,500 28,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.7.23 31.7.22
£    £   
Trade debtors 101,793 87,753
Other debtors 4,667 4,667
Prepayments 4,386 2,082
110,846 94,502

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.7.23 31.7.22
£    £   
Other loans 28,333 38,333
Trade creditors 43,855 37,803
Tax 12,456 38,188
Social security and other taxes 2,586 3,083
VAT 11,071 16,227
Other creditors 460 548
Directors' loan accounts 1,028 1,562
Accruals and deferred income 1,450 1,450
101,239 137,194

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE
THAN ONE YEAR
31.7.23 31.7.22
£    £   
Other loans - 1-2 years 20,227 24,434
Other loans - 2-5 years 11,433 31,660
31,660 56,094

D & M Pattern and Tooling Ltd (Registered number: 12127930)

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

9. PROVISIONS FOR LIABILITIES
31.7.23 31.7.22
£    £   
Deferred tax 15,988 20,152

Deferred
tax
£   
Balance at 1 August 2022 20,152
Provided during year (4,164 )
Balance at 31 July 2023 15,988

10. RESERVES
Retained
earnings
£   

At 1 August 2022 202,884
Profit for the year 40,574
Dividends (74,880 )
At 31 July 2023 168,578