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REGISTERED NUMBER: 07104758 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

DDC Equipment Hire Ltd

DDC Equipment Hire Ltd (Registered number: 07104758)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DDC Equipment Hire Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: D R Ellis
C Guest





REGISTERED OFFICE: Das Kino
22 Fletcher Gate
Nottingham
Nottinghamshire
NG1 2FZ





REGISTERED NUMBER: 07104758 (England and Wales)





ACCOUNTANTS: Beaumont Chapman Limited
Foxhall Lodge
Foxhall Road
Nottingham
Nottinghamshire
NG7 6LH

DDC Equipment Hire Ltd (Registered number: 07104758)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 11,011 6,722

CURRENT ASSETS
Debtors 5 752,720 216,437
Cash at bank 175,631 441,448
928,351 657,885
CREDITORS
Amounts falling due within one year 6 156,488 199,575
NET CURRENT ASSETS 771,863 458,310
TOTAL ASSETS LESS CURRENT
LIABILITIES

782,874

465,032

CREDITORS
Amounts falling due after more than
one year

7

(30,600

)

(36,093

)

PROVISIONS FOR LIABILITIES (2,753 ) (1,680 )
NET ASSETS 749,521 427,259

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 749,518 427,256
749,521 427,259

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.

DDC Equipment Hire Ltd (Registered number: 07104758)

Balance Sheet - 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2024 and were signed on its behalf by:





D R Ellis - Director


DDC Equipment Hire Ltd (Registered number: 07104758)

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

1. STATUTORY INFORMATION

DDC Equipment Hire 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.
Plant and machinery etc - 25% 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.

3. EMPLOYEES AND DIRECTORS

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

DDC Equipment Hire Ltd (Registered number: 07104758)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 38,894
Additions 10,425
At 31 March 2024 49,319
DEPRECIATION
At 1 April 2023 32,172
Charge for year 6,136
At 31 March 2024 38,308
NET BOOK VALUE
At 31 March 2024 11,011
At 31 March 2023 6,722

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 21,691 96,437
Amounts owed by group undertakings 731,029 120,000
752,720 216,437

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 6,498 6,498
Trade creditors 8,790 33,419
Taxation and social security 113,274 127,272
Other creditors 27,926 32,386
156,488 199,575

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans 30,600 36,093

DDC Equipment Hire Ltd (Registered number: 07104758)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31.3.24 31.3.23
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 4,607 10,100

8. RELATED PARTY DISCLOSURES

During the year the company purchased services from Fletchergate Industries Limited a company to whom the directors are related to a value of £46,557 (2023: £44,015) The balance outstanding at the year end was £167 (2023: £4,699).

There has been a loan made to EQ Entertainment Limited (a company to whom the directors are related) to a value of £731,000 (2023: £120,000) which remains outstanding at the year end.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is DDC Investments Limited by virtue of its shareholding.