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REGISTERED NUMBER: 07199980 (England and Wales)














D J Utilities Limited

Unaudited Financial Statements

for the Year Ended 31 March 2024






D J Utilities Limited (Registered number: 07199980)

Contents of the Financial Statements
for the Year Ended 31 March 2024










Page

Company information 1

Chartered accountants' report 2

Statement of financial position 3

Notes to the financial statements 5


D J Utilities Limited

Company Information
for the Year Ended 31 March 2024







Directors: D Parsons
J Purse





Registered office: Lawshall
Lawshalls Lane
Colne Engaine
Essex
CO6 2HU





Registered number: 07199980 (England and Wales)





Accountants: Moore Thompson
Monica House
St Augustines Road
Wisbech
Cambridgeshire
PE13 3AD

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
D J Utilities Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of financial position. Readers are cautioned that the Income statement and certain other primary statements and the Directors' report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of D J Utilities Limited for the year ended 31 March 2024 which comprise the Statement of income and retained earnings, Statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of D J Utilities Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of D J Utilities Limited and state those matters that we have agreed to state to the Board of Directors of D J Utilities Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than D J Utilities Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that D J Utilities Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of D J Utilities Limited. You consider that D J Utilities Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of D J Utilities Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Moore Thompson
Monica House
St Augustines Road
Wisbech
Cambridgeshire
PE13 3AD


23 July 2024

D J Utilities Limited (Registered number: 07199980)

Statement of Financial Position
31 March 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 5 2,109,632 1,721,834

Current assets
Stocks 25,434 19,654
Debtors 6 1,201,364 945,445
Cash at bank and in hand 3,789,469 2,719,245
5,016,267 3,684,344
Creditors
Amounts falling due within one year 7 1,608,311 1,006,140
Net current assets 3,407,956 2,678,204
Total assets less current liabilities 5,517,588 4,400,038

Creditors
Amounts falling due after more than one
year

8

(678,789

)

(646,456

)

Provisions for liabilities (513,375 ) (413,345 )
Net assets 4,325,424 3,340,237

Capital and reserves
Called up share capital 100 100
Retained earnings 4,325,324 3,340,137
4,325,424 3,340,237

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

D J Utilities Limited (Registered number: 07199980)

Statement of Financial Position - continued
31 March 2024


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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 July 2024 and were signed on its behalf by:




D Parsons - Director



J Purse - Director


D J Utilities Limited (Registered number: 07199980)

Notes to the Financial Statements
for the Year Ended 31 March 2024


1. Statutory information

D J Utilities Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. Statement of compliance

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.

3. Accounting policies

Basis of preparing the financial statements
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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Fixtures and fittings - Straight line over 3 years

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 Statement of Income and Retained Earnings, 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.

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.

D J Utilities Limited (Registered number: 07199980)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


3. Accounting policies - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

4. Employees and directors

The average number of employees during the year was 27 (2023 - 20 ) .

5. Tangible fixed assets
Fixtures
Plant and Motor and
machinery vehicles fittings Totals
£    £    £    £   
Cost
At 1 April 2023 2,184,888 1,077,320 26,934 3,289,142
Additions 480,765 445,819 - 926,584
Disposals (10,896 ) (11,500 ) - (22,396 )
At 31 March 2024 2,654,757 1,511,639 26,934 4,193,330
Depreciation
At 1 April 2023 1,139,142 401,480 26,686 1,567,308
Charge for year 317,974 218,316 248 536,538
Eliminated on disposal (9,239 ) (10,909 ) - (20,148 )
At 31 March 2024 1,447,877 608,887 26,934 2,083,698
Net book value
At 31 March 2024 1,206,880 902,752 - 2,109,632
At 31 March 2023 1,045,746 675,840 248 1,721,834

6. Debtors
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 887,811 743,997
Other debtors 47,834 26,360
Directors' loan accounts 180,769 95,088
Prepayments 24,950 -
1,141,364 865,445

Amounts falling due after more than one year:
Other debtors 60,000 80,000

Aggregate amounts 1,201,364 945,445

D J Utilities Limited (Registered number: 07199980)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


7. Creditors: amounts falling due within one year
2024 2023
£    £   
Hire purchase contracts 293,401 224,102
Trade creditors 403,209 264,847
Corporation Tax 309,078 25,695
Social security and other taxes 62,628 38,580
VAT 521,838 405,334
Other creditors 7,481 4,000
Directors' loan accounts - 34,501
Accrued expenses 10,676 9,081
1,608,311 1,006,140

8. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Hire purchase contracts 678,789 646,456

9. Directors' advances, credits and guarantees

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
D Parsons
Balance outstanding at start of year (34,501 ) (14,179 )
Amounts advanced 182,321 69,678
Amounts repaid (88,000 ) (90,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 59,820 (34,501 )

J Purse
Balance outstanding at start of year 95,088 (18,328 )
Amounts advanced 130,047 211,948
Amounts repaid (104,186 ) (98,532 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 120,949 95,088

The loan is interest free, unsecured and repayable on demand.