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REGISTERED NUMBER: 04580700 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH NOVEMBER 2023

FOR

DC ROLFE LTD

DC ROLFE LTD (REGISTERED NUMBER: 04580700)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DC ROLFE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH NOVEMBER 2023







DIRECTORS: G Rolfe
C Rolfe





REGISTERED OFFICE: Unit 8 Meadows Drive
Ireland Industrial Estate
Staveley
Chesterfield
Derbyshire
S43 3LH





REGISTERED NUMBER: 04580700 (England and Wales)






DC ROLFE LTD (REGISTERED NUMBER: 04580700)

BALANCE SHEET
30TH NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 215,020 211,613

CURRENT ASSETS
Debtors 5 138,491 199,096
Prepayments and accrued income 8,941 8,306
Cash at bank and in hand 69,610 70,782
217,042 278,184
CREDITORS
Amounts falling due within one year 6 164,368 134,940
NET CURRENT ASSETS 52,674 143,244
TOTAL ASSETS LESS CURRENT
LIABILITIES

267,694

354,857

CREDITORS
Amounts falling due after more than one year 7 (40,223 ) (76,006 )

PROVISIONS FOR LIABILITIES (40,373 ) (39,620 )
NET ASSETS 187,098 239,231

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 186,998 239,131
SHAREHOLDERS' FUNDS 187,098 239,231

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 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.

DC ROLFE LTD (REGISTERED NUMBER: 04580700)

BALANCE SHEET - continued
30TH NOVEMBER 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 26th August 2024 and were signed on its behalf by:




G Rolfe - Director



C Rolfe - Director


DC ROLFE LTD (REGISTERED NUMBER: 04580700)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2023


1. STATUTORY INFORMATION

DC Rolfe 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

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.

DC ROLFE LTD (REGISTERED NUMBER: 04580700)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2023


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.

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 12 (2022 - 10 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1st December 2022 526,874 31,932 8,618 567,424
Additions 43,304 - 739 44,043
At 30th November 2023 570,178 31,932 9,357 611,467
DEPRECIATION
At 1st December 2022 334,187 14,955 6,669 355,811
Charge for year 35,505 4,244 887 40,636
At 30th November 2023 369,692 19,199 7,556 396,447
NET BOOK VALUE
At 30th November 2023 200,486 12,733 1,801 215,020
At 30th November 2022 192,687 16,977 1,949 211,613

DC ROLFE LTD (REGISTERED NUMBER: 04580700)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2023


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1st December 2022 138,916 23,995 162,911
Transfer to ownership (66,500 ) - (66,500 )
At 30th November 2023 72,416 23,995 96,411
DEPRECIATION
At 1st December 2022 46,121 7,124 53,245
Charge for year 9,232 4,217 13,449
Transfer to ownership (35,258 ) - (35,258 )
At 30th November 2023 20,095 11,341 31,436
NET BOOK VALUE
At 30th November 2023 52,321 12,654 64,975
At 30th November 2022 92,795 16,871 109,666

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 138,491 199,096

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 9,849 9,849
Hire purchase contracts 25,934 28,919
Trade creditors 37,362 39,155
Taxation and social security 60,598 34,907
Other creditors 30,625 22,110
164,368 134,940

DC ROLFE LTD (REGISTERED NUMBER: 04580700)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2023


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 16,763 26,612
Hire purchase contracts 23,460 49,394
40,223 76,006

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Hire purchase contracts 49,394 78,313

9. ULTIMATE CONTROLLING PARTY

The controlling party is G & C Rolfe.