IRIS Accounts Production v24.2.0.383 03065754 Board of Directors 1.2.23 31.1.24 31.1.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh030657542023-01-31030657542024-01-31030657542023-02-012024-01-31030657542022-01-31030657542022-02-012023-01-31030657542023-01-3103065754ns15:EnglandWales2023-02-012024-01-3103065754ns14:PoundSterling2023-02-012024-01-3103065754ns10:Director12023-02-012024-01-3103065754ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3103065754ns10:SmallEntities2023-02-012024-01-3103065754ns10:AuditExemptWithAccountantsReport2023-02-012024-01-3103065754ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3103065754ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3103065754ns10:FullAccounts2023-02-012024-01-3103065754ns10:OrdinaryShareClass12023-02-012024-01-3103065754ns10:Director22023-02-012024-01-3103065754ns10:Director32023-02-012024-01-3103065754ns10:Director42023-02-012024-01-3103065754ns10:Director52023-02-012024-01-3103065754ns10:CompanySecretary12023-02-012024-01-3103065754ns10:RegisteredOffice2023-02-012024-01-3103065754ns5:CurrentFinancialInstruments2024-01-3103065754ns5:CurrentFinancialInstruments2023-01-3103065754ns5:Non-currentFinancialInstruments2024-01-3103065754ns5:Non-currentFinancialInstruments2023-01-3103065754ns5:ShareCapital2024-01-3103065754ns5:ShareCapital2023-01-3103065754ns5:SharePremium2024-01-3103065754ns5:SharePremium2023-01-3103065754ns5:RevaluationReserve2024-01-3103065754ns5:RevaluationReserve2023-01-3103065754ns5:CapitalRedemptionReserve2024-01-3103065754ns5:CapitalRedemptionReserve2023-01-3103065754ns5:RetainedEarningsAccumulatedLosses2024-01-3103065754ns5:RetainedEarningsAccumulatedLosses2023-01-3103065754ns5:PlantMachinery2023-02-012024-01-3103065754ns5:LandBuildings2023-01-3103065754ns5:LeaseholdImprovements2023-01-3103065754ns5:PlantMachinery2023-01-3103065754ns5:LandBuildings2023-02-012024-01-3103065754ns5:LeaseholdImprovements2023-02-012024-01-3103065754ns5:LandBuildings2024-01-3103065754ns5:LeaseholdImprovements2024-01-3103065754ns5:PlantMachinery2024-01-3103065754ns5:LandBuildings2023-01-3103065754ns5:LeaseholdImprovements2023-01-3103065754ns5:PlantMachinery2023-01-3103065754ns5:FurnitureFittings2023-01-3103065754ns5:MotorVehicles2023-01-3103065754ns5:FurnitureFittings2023-02-012024-01-3103065754ns5:MotorVehicles2023-02-012024-01-3103065754ns5:FurnitureFittings2024-01-3103065754ns5:MotorVehicles2024-01-3103065754ns5:FurnitureFittings2023-01-3103065754ns5:MotorVehicles2023-01-3103065754ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-01-3103065754ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-01-3103065754ns10:OrdinaryShareClass12024-01-3103065754ns10:OrdinaryShareClass12022-02-012023-01-3103065754ns5:OtherRelatedParties2023-02-012024-01-31
REGISTERED NUMBER: 03065754 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31st January 2024

for

D.W.B. (Anglia) Limited

D.W.B. (Anglia) Limited (Registered number: 03065754)






Contents of the Financial Statements
for the year ended 31st January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 9

D.W.B. (Anglia) Limited

Company Information
for the year ended 31st January 2024







DIRECTORS: D Bell
G O J James
P J Daniels
K E Canham
G Weston



SECRETARY: K E Canham



REGISTERED OFFICE: Mapledean Industrial Estate
Maldon Road
Latchingdon
Essex
CM3 6LG



REGISTERED NUMBER: 03065754 (England and Wales)



ACCOUNTANTS: Sadofskys
Chartered Accountants
Princes House
Wright Street
Hull
East Yorkshire
HU2 8HX



BANKERS: Barclays Bank plc
1-5 King Edward Street
Hull
East Yorkshire
HU1 3RL

D.W.B. (Anglia) Limited (Registered number: 03065754)

Balance Sheet
31st January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,244,221 1,773,353

CURRENT ASSETS
Stocks 234,133 266,955
Debtors 5 314,166 505,278
Cash at bank 1,911,429 2,031,110
2,459,728 2,803,343
CREDITORS
Amounts falling due within one year 6 1,250,601 1,404,029
NET CURRENT ASSETS 1,209,127 1,399,314
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,453,348

3,172,667

CREDITORS
Amounts falling due after more than one
year

7

-

(6,352

)

PROVISIONS FOR LIABILITIES (85,345 ) (75,226 )
NET ASSETS 3,368,003 3,091,089

CAPITAL AND RESERVES
Called up share capital 9 100,000 100,000
Share premium 13,500 13,500
Fair value reserve 375,755 375,755
Capital redemption reserve 12,500 12,500
Retained earnings 2,866,248 2,589,334
SHAREHOLDERS' FUNDS 3,368,003 3,091,089

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 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.W.B. (Anglia) Limited (Registered number: 03065754)

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

The financial statements were approved by the Board of Directors and authorised for issue on 4th April 2024 and were signed on its behalf by:





G O J James - Director


D.W.B. (Anglia) Limited (Registered number: 03065754)

Notes to the Financial Statements
for the year ended 31st January 2024

1. STATUTORY INFORMATION

D.W.B. (Anglia) 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. 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 as modified by the revaluation of certain assets.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance, over the period of the lease and at variable rates 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.

D.W.B. (Anglia) Limited (Registered number: 03065754)

Notes to the Financial Statements - continued
for the year ended 31st January 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 28 (2023 - 32 ) .

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST OR VALUATION
At 1st February 2023 1,450,000 3,366 482,414
Additions - 315,733 123,106
Disposals - - -
At 31st January 2024 1,450,000 319,099 605,520
DEPRECIATION
At 1st February 2023 - 3,366 284,648
Charge for year - - 33,597
Eliminated on disposal - - -
At 31st January 2024 - 3,366 318,245
NET BOOK VALUE
At 31st January 2024 1,450,000 315,733 287,275
At 31st January 2023 1,450,000 - 197,766

D.W.B. (Anglia) Limited (Registered number: 03065754)

Notes to the Financial Statements - continued
for the year ended 31st January 2024

4. TANGIBLE FIXED ASSETS - continued

Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST OR VALUATION
At 1st February 2023 123,325 185,068 2,244,173
Additions 8,764 98,095 545,698
Disposals - (31,768 ) (31,768 )
At 31st January 2024 132,089 251,395 2,758,103
DEPRECIATION
At 1st February 2023 87,025 95,781 470,820
Charge for year 5,966 34,581 74,144
Eliminated on disposal - (31,082 ) (31,082 )
At 31st January 2024 92,991 99,280 513,882
NET BOOK VALUE
At 31st January 2024 39,098 152,115 2,244,221
At 31st January 2023 36,300 89,287 1,773,353

Cost or valuation at 31st January 2024 is represented by:

Improvements
Freehold to Plant and
property property machinery
£    £    £   
Valuation in 2017 159,354 - -
Valuation in 2022 216,401 - -
Cost 1,074,245 319,099 605,520
1,450,000 319,099 605,520

Fixtures
and Motor
fittings vehicles Totals
£    £    £   
Valuation in 2017 - - 159,354
Valuation in 2022 - - 216,401
Cost 132,089 251,395 2,382,348
132,089 251,395 2,758,103

D.W.B. (Anglia) Limited (Registered number: 03065754)

Notes to the Financial Statements - continued
for the year ended 31st January 2024

4. TANGIBLE FIXED ASSETS - continued

If freehold property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 1,074,245 1,074,245

Value of land in freehold land and buildings 171,872 171,872

Freehold Property was valued on an open market basis on 25th January 2022 by Professional valuers .

The property was valued by professional valuers at £1.45m on 25th January 2022 and the directors confirm that the net book value above remains appropriate for inclusion in the accounts.

The net book value of tangible fixed assets includes £ 39,234 (2023 - £ 46,158 ) in respect of assets held under hire purchase contracts.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 303,728 490,834
Amounts owed by group undertakings 30 30
Other debtors - 500
Prepayments 10,408 13,914
314,166 505,278

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 6,352 15,244
Trade creditors 376,796 422,214
Taxation 238,241 268,981
Social security and other taxes 124,291 242,475
Other creditors - 137
Directors' current accounts 11,250 10,125
Accrued expenses 4,921 4,978
Shareholders loans 488,750 439,875
1,250,601 1,404,029

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts - 6,352

D.W.B. (Anglia) Limited (Registered number: 03065754)

Notes to the Financial Statements - continued
for the year ended 31st January 2024

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 6,352 21,596

All hire purchases are secured against the individual assets.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100,000 Ordinary £1 100,000 100,000

10. RELATED PARTY DISCLOSURES

D.Bell and P.J. Daniels are directors of D.W.B.Roof Truss Limited. Any transactions undertaken with this company were done so at commercial rates.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
D.W.B. (Anglia) 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 Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Directors 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.W.B. (Anglia) Limited for the year ended 31st January 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity 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.W.B. (Anglia) 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.W.B. (Anglia) Limited and state those matters that we have agreed to state to the Board of Directors of D.W.B. (Anglia) 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.W.B. (Anglia) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that D.W.B. (Anglia) 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.W.B. (Anglia) Limited. You consider that D.W.B. (Anglia) 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.W.B. (Anglia) 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.






Sadofskys
Chartered Accountants
Princes House
Wright Street
Hull
East Yorkshire
HU2 8HX


5th April 2024