2023-02-012024-01-312024-01-31false09970094THE DO IT GROUP LIMITED2024-10-29iso4217:GBPxbrli:pure099700942023-02-01099700942024-01-31099700942023-02-012024-01-31099700942022-02-01099700942023-01-31099700942022-02-012023-01-3109970094bus:SmallEntities2023-02-012024-01-3109970094bus:AuditExempt-NoAccountantsReport2023-02-012024-01-3109970094bus:FullAccounts2023-02-012024-01-3109970094bus:PrivateLimitedCompanyLtd2023-02-012024-01-3109970094core:WithinOneYear2024-01-3109970094core:AfterOneYear2024-01-3109970094core:WithinOneYear2023-01-3109970094core:AfterOneYear2023-01-3109970094core:ShareCapital2024-01-3109970094core:SharePremium2024-01-3109970094core:RevaluationReserve2024-01-3109970094core:OtherReservesSubtotal2024-01-3109970094core:RetainedEarningsAccumulatedLosses2024-01-3109970094core:ShareCapital2023-01-3109970094core:SharePremium2023-01-3109970094core:RevaluationReserve2023-01-3109970094core:OtherReservesSubtotal2023-01-3109970094core:RetainedEarningsAccumulatedLosses2023-01-3109970094core:LandBuildings2024-01-3109970094core:PlantMachinery2024-01-3109970094core:Vehicles2024-01-3109970094core:FurnitureFittings2024-01-3109970094core:OfficeEquipment2024-01-3109970094core:NetGoodwill2024-01-3109970094core:IntangibleAssetsOtherThanGoodwill2024-01-3109970094core:ListedExchangeTraded2024-01-3109970094core:UnlistedNon-exchangeTraded2024-01-3109970094core:LandBuildings2023-01-3109970094core:PlantMachinery2023-01-3109970094core:Vehicles2023-01-3109970094core:FurnitureFittings2023-01-3109970094core:OfficeEquipment2023-01-3109970094core:NetGoodwill2023-01-3109970094core:IntangibleAssetsOtherThanGoodwill2023-01-3109970094core:ListedExchangeTraded2023-01-3109970094core:UnlistedNon-exchangeTraded2023-01-3109970094core:LandBuildings2023-02-012024-01-3109970094core:PlantMachinery2023-02-012024-01-3109970094core:Vehicles2023-02-012024-01-3109970094core:FurnitureFittings2023-02-012024-01-3109970094core:OfficeEquipment2023-02-012024-01-3109970094core:NetGoodwill2023-02-012024-01-3109970094core:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3109970094core:ListedExchangeTraded2023-02-012024-01-3109970094core:UnlistedNon-exchangeTraded2023-02-012024-01-3109970094core:MoreThanFiveYears2023-02-012024-01-3109970094core:Non-currentFinancialInstruments2024-01-3109970094core:Non-currentFinancialInstruments2023-01-3109970094dpl:CostSales2023-02-012024-01-3109970094dpl:DistributionCosts2023-02-012024-01-3109970094core:LandBuildings2023-02-012024-01-3109970094core:PlantMachinery2023-02-012024-01-3109970094core:Vehicles2023-02-012024-01-3109970094core:FurnitureFittings2023-02-012024-01-3109970094core:OfficeEquipment2023-02-012024-01-3109970094dpl:AdministrativeExpenses2023-02-012024-01-3109970094core:NetGoodwill2023-02-012024-01-3109970094core:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3109970094dpl:GroupUndertakings2023-02-012024-01-3109970094dpl:ParticipatingInterests2023-02-012024-01-3109970094dpl:GroupUndertakingscore:ListedExchangeTraded2023-02-012024-01-3109970094core:ListedExchangeTraded2023-02-012024-01-3109970094dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-02-012024-01-3109970094core:UnlistedNon-exchangeTraded2023-02-012024-01-3109970094dpl:CostSales2022-02-012023-01-3109970094dpl:DistributionCosts2022-02-012023-01-3109970094core:LandBuildings2022-02-012023-01-3109970094core:PlantMachinery2022-02-012023-01-3109970094core:Vehicles2022-02-012023-01-3109970094core:FurnitureFittings2022-02-012023-01-3109970094core:OfficeEquipment2022-02-012023-01-3109970094dpl:AdministrativeExpenses2022-02-012023-01-3109970094core:NetGoodwill2022-02-012023-01-3109970094core:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-3109970094dpl:GroupUndertakings2022-02-012023-01-3109970094dpl:ParticipatingInterests2022-02-012023-01-3109970094dpl:GroupUndertakingscore:ListedExchangeTraded2022-02-012023-01-3109970094core:ListedExchangeTraded2022-02-012023-01-3109970094dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-02-012023-01-3109970094core:UnlistedNon-exchangeTraded2022-02-012023-01-3109970094core:NetGoodwill2024-01-3109970094core:IntangibleAssetsOtherThanGoodwill2024-01-3109970094core:LandBuildings2024-01-3109970094core:PlantMachinery2024-01-3109970094core:Vehicles2024-01-3109970094core:FurnitureFittings2024-01-3109970094core:OfficeEquipment2024-01-3109970094core:AfterOneYear2024-01-3109970094core:WithinOneYear2024-01-3109970094core:ListedExchangeTraded2024-01-3109970094core:UnlistedNon-exchangeTraded2024-01-3109970094core:ShareCapital2024-01-3109970094core:SharePremium2024-01-3109970094core:RevaluationReserve2024-01-3109970094core:OtherReservesSubtotal2024-01-3109970094core:RetainedEarningsAccumulatedLosses2024-01-3109970094core:NetGoodwill2023-01-3109970094core:IntangibleAssetsOtherThanGoodwill2023-01-3109970094core:LandBuildings2023-01-3109970094core:PlantMachinery2023-01-3109970094core:Vehicles2023-01-3109970094core:FurnitureFittings2023-01-3109970094core:OfficeEquipment2023-01-3109970094core:AfterOneYear2023-01-3109970094core:WithinOneYear2023-01-3109970094core:ListedExch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THE DO IT GROUP LIMITED

Registered Number
09970094
(England and Wales)

Unaudited Financial Statements for the Year ended
31 January 2024

THE DO IT GROUP LIMITED
Company Information
for the year from 1 February 2023 to 31 January 2024

Director

BAILEY, Steven

Registered Address

Unit G21 The Avenues 11th Avenue North
Team Valley Trading Estate
Gateshead
NE11 0NJ

Registered Number

09970094 (England and Wales)
THE DO IT GROUP LIMITED
Balance Sheet as at
31 January 2024

Notes

2024

2023

£

£

£

£

Current assets
Debtors37056
Cash at bank and on hand-507
70563
Creditors amounts falling due within one year4(17,450)(17,660)
Net current assets (liabilities)(17,380)(17,097)
Total assets less current liabilities(17,380)(17,097)
Net assets(17,380)(17,097)
Capital and reserves
Called up share capital100100
Profit and loss account(17,480)(17,197)
Shareholders' funds(17,380)(17,097)
The financial statements were approved and authorised for issue by the Director on 29 October 2024, and are signed on its behalf by:
BAILEY, Steven
Director
Registered Company No. 09970094
THE DO IT GROUP LIMITED
Notes to the Financial Statements
for the year ended 31 January 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Straight line (years)
Plant and machinery5
Fixtures and fittings5
Office Equipment5
Trade and other debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2.Average number of employees

20242023
Average number of employees during the year11
3.Debtors: amounts due within one year

2024

2023

££
Other debtors7056
Total7056
4.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables-420
Amounts owed to related parties17,34916,881
Accrued liabilities and deferred income101359
Total17,45017,660
5.Provisions for liabilities
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.