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Company Registration No. 04576317 (England and Wales)
Dhillon Brothers Limited Unaudited accounts for the year ended 31 October 2023
Dhillon Brothers Limited Unaudited accounts Contents
Page
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Dhillon Brothers Limited Company Information for the year ended 31 October 2023
Directors
Mr Manga Singh Dhillon Mr Bahadur Singh Dhillon
Company Number
04576317 (England and Wales)
Registered Office
Unit B Endeavour Park London Road Addington West Malling Kent ME19 5SH England
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Dhillon Brothers Limited Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
131,831 
150,519 
Investments
218,663 
218,663 
350,494 
369,182 
Current assets
Inventories
28,230 
26,080 
Debtors
2,054,592 
2,083,809 
Cash at bank and in hand
352,708 
224,109 
2,435,530 
2,333,998 
Creditors: amounts falling due within one year
(1,146,035)
(1,180,622)
Net current assets
1,289,495 
1,153,376 
Total assets less current liabilities
1,639,989 
1,522,558 
Creditors: amounts falling due after more than one year
(16,514)
(36,461)
Net assets
1,623,475 
1,486,097 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,623,375 
1,485,997 
Shareholders' funds
1,623,475 
1,486,097 
For the year ending 31 October 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 13 March 2024 and were signed on its behalf by
Mr Manga Singh Dhillon Director Company Registration No. 04576317
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Dhillon Brothers Limited Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
Dhillon Brothers Limited is a private company, limited by shares, registered in England and Wales, registration number 04576317. The registered office is Unit B Endeavour Park, London Road, Addington West Malling, Kent, ME19 5SH, England.
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.
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:
Land & buildings
15 Year Straight line
Plant & machinery
15 % Reducing
Motor vehicles
15 % Reducing
Fixtures & fittings
15 % Reducing
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 November 2022
130,000 
At 31 October 2023
130,000 
Amortisation
At 1 November 2022
130,000 
At 31 October 2023
130,000 
Net book value
At 31 October 2023
- 
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Dhillon Brothers Limited Notes to the Accounts for the year ended 31 October 2023
5
Tangible fixed assets
Land & buildings 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 November 2022
83,041 
11,043 
995,164 
1,089,248 
At 31 October 2023
83,041 
11,043 
995,164 
1,089,248 
Depreciation
At 1 November 2022
33,536 
8,599 
896,594 
938,729 
Charge for the year
3,536 
367 
14,785 
18,688 
At 31 October 2023
37,072 
8,966 
911,379 
957,417 
Net book value
At 31 October 2023
45,969 
2,077 
83,785 
131,831 
At 31 October 2022
49,505 
2,444 
98,570 
150,519 
6
Investments
Subsidiary undertakings 
£ 
Valuation at 1 November 2022
218,663 
Valuation at 31 October 2023
218,663 
Investment in subsidiaries have been valued at cost less impairment. The company owns 20% or more shares in the following company: Company Name/% holding/Total capital & reserve/Profit/(Loss) for the year Bajs Ltd/100%/209,249/(33,104)
7
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
22,832 
37,591 
Amounts due from group undertakings etc.
1,958,818 
2,025,318 
Accrued income and prepayments
21,500 
8,500 
Other debtors
51,442 
12,400 
2,054,592 
2,083,809 
8
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
10,099 
- 
Trade creditors
455,018 
201,627 
Amounts owed to group undertakings and other participating interests
100,250 
100,250 
Taxes and social security
176,446 
172,781 
Other creditors
304,391 
629,065 
Loans from directors
23,385 
453 
Accruals
76,446 
76,446 
1,146,035 
1,180,622 
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Dhillon Brothers Limited Notes to the Accounts for the year ended 31 October 2023
9
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
16,514 
36,461 
10
Average number of employees
During the year the average number of employees was 146 (2022: 131).
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