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REGISTERED NUMBER: 06903882 (England and Wales)















DCB Environmental Limited

Unaudited Financial Statements

for the Year Ended 31 May 2024






DCB Environmental Limited (Registered number: 06903882)






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




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 8


DCB Environmental Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: Mrs C A Banks
DJ Banks





REGISTERED OFFICE: 76 High Street
Brierley Hill
West Midlands
DY5 3AW





BUSINESS ADDRESS: Upper House Farm
Abdon
Shropshire
SY7 9HZ





REGISTERED NUMBER: 06903882 (England and Wales)





ACCOUNTANTS: JMC Accountants & Tax Advisers Ltd
76 High Street
Brierley Hill
West Midlands
DY5 3AW

DCB Environmental Limited (Registered number: 06903882)

Balance Sheet
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 40,989 5,827
Investment property 5 550,000 550,000
590,989 555,827

CURRENT ASSETS
Debtors 6 290,691 983,870
Cash at bank and in hand 55,232 43,652
345,923 1,027,522
CREDITORS
Amounts falling due within one year 7 379,210 1,067,725
NET CURRENT LIABILITIES (33,287 ) (40,203 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

557,702

515,624

CREDITORS
Amounts falling due after more than one
year

8

(37,258

)

-

PROVISIONS FOR LIABILITIES (9,846 ) (783 )
NET ASSETS 510,598 514,841

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 510,498 514,741
SHAREHOLDERS' FUNDS 510,598 514,841

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

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

DCB Environmental Limited (Registered number: 06903882)

Balance Sheet - continued
31 May 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 9 September 2024 and were signed on its behalf by:





DJ Banks - Director


DCB Environmental Limited (Registered number: 06903882)

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

1. STATUTORY INFORMATION

DCB Environmental 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.

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 - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

DCB Environmental Limited (Registered number: 06903882)

Notes to the Financial Statements - continued
for the Year Ended 31 May 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.

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 14 (2023 - 13 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 June 2023 16,355 4,490 7,750 28,595
Additions - - 48,599 48,599
At 31 May 2024 16,355 4,490 56,349 77,194
DEPRECIATION
At 1 June 2023 15,545 2,742 4,481 22,768
Charge for year 207 263 12,967 13,437
At 31 May 2024 15,752 3,005 17,448 36,205
NET BOOK VALUE
At 31 May 2024 603 1,485 38,901 40,989
At 31 May 2023 810 1,748 3,269 5,827

DCB Environmental Limited (Registered number: 06903882)

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

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 43,599
At 31 May 2024 43,599
DEPRECIATION
Charge for year 10,900
At 31 May 2024 10,900
NET BOOK VALUE
At 31 May 2024 32,699

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2023
and 31 May 2024 550,000
NET BOOK VALUE
At 31 May 2024 550,000
At 31 May 2023 550,000

Fair value at 31 May 2024 is represented by:
£   
Valuation in 2018 5,143
Valuation in 2022 144,640
Valuation in 2023 (28,143 )
Cost 428,360
550,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 201,883 237,030
Other debtors 88,808 746,840
290,691 983,870

DCB Environmental Limited (Registered number: 06903882)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts (see note 9) 5,517 -
Trade creditors 58,143 52,456
Amounts owed to group undertakings 213,393 892,245
Taxation and social security 97,273 118,140
Other creditors 4,884 4,884
379,210 1,067,725

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts (see note 9) 37,258 -

9. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
£    £   
Net obligations repayable:
Within one year 5,517 -
Between one and five years 37,258 -
42,775 -

Non-cancellable operating leases
2024 2023
£    £   
Within one year 11,529 11,956
Between one and five years 1,139 12,668
12,668 24,624

DCB Environmental Limited (Registered number: 06903882)

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

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

2024 2023
£    £   
Mrs C A Banks and Mrs C A Banks
Balance outstanding at start of year 658,032 620,437
Amounts advanced - 297,595
Amounts repaid (658,032 ) (260,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 658,032

The loan was provided interest free and is repayable on demand.

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is DCB Group Holdings Ltd.