2023-06-01 2024-05-31 12023725 DP2 CONSULTING LTD false 12023725 2023-06-01 2024-05-31 12023725 uk-bus:Director1 2023-06-01 2024-05-31 12023725 uk-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 12023725 uk-bus:SmallEntities 2023-06-01 2024-05-31 12023725 uk-bus:FullAccounts 2023-06-01 2024-05-31 12023725 uk-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 12023725 2023-06-01 12023725 2024-05-31 12023725 2023-05-31 xbrli:pure iso4217:GBP 12023725 2022-06-01 2023-05-31
Company Registration Number : 12023725 (England and Wales)
12023725
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2024-05-31
false
DP2 CONSULTING LTD
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2023-06-01
DP2 CONSULTING LTD
Unaudited filleted financial statements
For the year ended 31 May 2024
DP2 CONSULTING LTD
Contents
For the year ended 31 May 2024

CONTENTS PAGE
Company Information 3
Statement of Financial Position 4
Notes to the Financial Statements 5 - 6


DP2 CONSULTING LTD
Company Information
For the year ended 31 May 2024

Company registration number 12023725 (England and Wales)
Directors Miss A R Chapman
Mr D R L Chapman
Miss D Gibbons
Mr E P Gibbons
Registered office address 31 Cardiff Road
Taffs Well
Cardiff
CF15 7RB
UK
Accountant Phil Bessant Limited
Chartered Management Accountants
Agincourt House
14 Clytha Park Road,
Newport
NP20 4PB
UK
DP2 CONSULTING LTD
Statement of Financial Position
For the year ended 31 May 2024

2024 2023
Notes £ £
Fixed assets
Property, plant and equipment 44,923 19,657
Investments 789,549 789,549
6 834,472 809,206
Current assets
Debtors 184,122 106,071
Cash and cash equivalents 3,599 638
187,721 106,709
Current liabilities
Creditors: Amounts falling due within one year (2,813) (59,767)
Corporation tax payable (6,847) -
(9,660) (59,767)
Net current assets/(liabilities) 178,062 46,942
Total assets less current liabilities 1,012,534 856,148
Non-current liabilities
Creditors: Amounts falling due after more than one year (667,789) (644,789)
Net assets/(liabilities) 344,744 211,359
Capital and reserves
Called up share capital 102 102
Retained earnings 344,642 211,257
Shareholder's funds 344,744 211,359
For the year ended 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
  • For the year ended 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 29 August 2024
.............................
Mr E P Gibbons (Director)
Company registration number: 12023725
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2024-05-31 31 May 2024
2024 2023
£ £
Fixed Assets 834,472 809,206
Current Assets 187,721 106,709
Creditors: amounts falling due within one year (9,660) (59,767)
Net current assets (liabilities) 178,062 46,942
Total assets less current liabilities 1,012,534 856,148
CREDITORS: Amounts falling due more than one year (667,789) (644,789)
Net Assets (liabilities) 344,744 211,359
Capital and Reserves 344,744 211,359
For the year ending 31/05/2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. For the year ending 31-05-2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit for the year in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 29 August 2024 2024-08-29 and signed on behalf of the board,
.............................
Mr E P Gibbons
Director
Company registration number: 12023725
DP2 CONSULTING LTD
Notes to the Financial Statements
For the year ended 31 May 2024

(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is 31 Cardiff Road, Taffs Well, Cardiff, CF15 7RB.

(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.

(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met as described below.
Sale of goods
Sales of goods are recognised when the company has delivered the goods to the customer, no other significant obligation remains unfulfilled that may affect the customer's acceptance of the products and risks and rewards of ownership have transferred to them.
Rendering of Services
Revenue from provision of services rendered in the reporting period is recognised when the outcome of a transaction for the rendering of services can be estimated reliably in terms of revenue, costs and its stage of completion of the specific transaction at the end of the reporting period. The stage of completion is determined on the basis of the actual completion of a proportion of the total services to be rendered. When the outcome of a service contract cannot be estimated reliably the company only recognises revenue to the extent of the recoverable expenses recognised.
Property, plant and equipment
Property, plant and equipment is stated at cost less accumulated depreciation and impairment losses. Part of an item of property, plant and equipment having different useful lives are accounted for as separate items.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives, using the straight-line method. The estimated useful lives, residual values and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis.

Depreciation is provided to write off the cost less estimated residual value, of each asset over its expected useful life as follows:

Asset class and depreciation rate
Land and Buildings
Plant and Machinery
Short Leasehold Properties
Investment Properties
Long Leasehold Properties
Commercial Vehicles
Fixtures and Fittings
Equipment33% straight line
Motor Cars25% straight line
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
Current Tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit before tax as reported in the income statement because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Employee benefits
Payments to defined contribution retirement benefit plans are recognised as an expense when employees have rendered service entitling them to the contributions.

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

(4) Employees
During the year, the average number of employees including director was 4 (2023 : 4).

(5) Directors advances, credit and guarantees
Overdrawn
Mr D R L Chapman owed £ 122871.00 at the period end.
Mr E P Gibbons owed £ 49103.00 at the period end.

(6) Fixed assets
Tangible

£
Investments

£
Totals

£
Cost
As at 01 June 202341,474789,549831,023
Additions48,764-48,764
Disposals(34,990)-(34,990)
As at 31 May 202455,248789,549844,797
Depreciation/Amortisation
As at 01 June 202321,817-21,817
For the year14,751-14,751
Write off on disposals(26,243)-(26,243)
As at 31 May 202410,325-10,325
Net book value
As at 31 May 202444,923789,549834,472
As at 31 May 202319,657789,549809,206