Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-302023-05-01falsePlumbing and heating services44truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13349306 2023-05-01 2024-04-30 13349306 2022-05-01 2023-04-30 13349306 2024-04-30 13349306 2023-04-30 13349306 c:Director1 2023-05-01 2024-04-30 13349306 c:Director2 2023-05-01 2024-04-30 13349306 d:MotorVehicles 2023-05-01 2024-04-30 13349306 d:MotorVehicles 2024-04-30 13349306 d:MotorVehicles 2023-04-30 13349306 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 13349306 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-05-01 2024-04-30 13349306 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-04-30 13349306 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-04-30 13349306 d:CurrentFinancialInstruments 2024-04-30 13349306 d:CurrentFinancialInstruments 2023-04-30 13349306 d:Non-currentFinancialInstruments 2024-04-30 13349306 d:Non-currentFinancialInstruments 2023-04-30 13349306 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 13349306 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 13349306 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 13349306 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 13349306 d:ShareCapital 2024-04-30 13349306 d:ShareCapital 2023-04-30 13349306 d:RetainedEarningsAccumulatedLosses 2024-04-30 13349306 d:RetainedEarningsAccumulatedLosses 2023-04-30 13349306 c:OrdinaryShareClass1 2023-05-01 2024-04-30 13349306 c:OrdinaryShareClass1 2024-04-30 13349306 c:FRS102 2023-05-01 2024-04-30 13349306 c:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 13349306 c:FullAccounts 2023-05-01 2024-04-30 13349306 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 13349306 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2023-05-01 2024-04-30 13349306 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2024-04-30 13349306 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2023-04-30 13349306 d:DevelopmentCostsCapitalisedDevelopmentExpenditure d:ExternallyAcquiredIntangibleAssets 2023-05-01 2024-04-30 13349306 2 2023-05-01 2024-04-30 13349306 d:DevelopmentCostsCapitalisedDevelopmentExpenditure d:OwnedIntangibleAssets 2023-05-01 2024-04-30 13349306 e:PoundSterling 2023-05-01 2024-04-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13349306










DGPHE & BARNARDS RENEWABLES LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
DGPHE & BARNARDS RENEWABLES LTD
 

CONTENTS



Page
Accountants' Report
 
 
1
Balance Sheet
 
 
2 - 3
Notes to the Financial Statements
 
 
4 - 10


 
DGPHE & BARNARDS RENEWABLES LTD
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF DGPHE & BARNARDS RENEWABLES LTD
FOR THE YEAR ENDED 30 APRIL 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of DGPHE & Barnards Renewables Ltd for the year ended 30 April 2024 which comprise  the Balance Sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the Board of Directors of DGPHE & Barnards Renewables Ltd, as a body, in accordance with the terms of our engagement letter dated 18 June 2021Our work has been undertaken solely to prepare for your approval the financial statements of DGPHE & Barnards Renewables Ltd and state those matters that we have agreed to state to the Board of Directors of DGPHE & Barnards Renewables Ltd, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than DGPHE & Barnards Renewables Ltd and its Board of Directors, as a body, for our work or for this report. 

It is your duty to ensure that DGPHE & Barnards Renewables Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of DGPHE & Barnards Renewables Ltd. You consider that DGPHE & Barnards Renewables Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of DGPHE & Barnards Renewables Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



MA Partners LLP
 
Chartered Accountants
  
7 The Close
Norwich
Norfolk
NR1 4DJ
4 October 2024
Page 1

 
DGPHE & BARNARDS RENEWABLES LTD
REGISTERED NUMBER: 13349306

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£




Fixed assets
  

Intangible assets
  
317
-

Tangible assets
 5 
24,031
10,313

  
24,348
10,313

Current assets
  

Stocks
  
4,340
4,134

Debtors: amounts falling due within one year
 6 
13,974
14,342

Cash at bank and in hand
  
14,278
9,647

  
32,592
28,123

Creditors: amounts falling due within one year
 7 
(35,066)
(23,052)

Net current (liabilities)/assets
  
 
 
(2,474)
 
 
5,071

Total assets less current liabilities
  
21,874
15,384

Creditors: amounts falling due after more than one year
  
(4,966)
-

Provisions for liabilities
  

Deferred tax
  
(5,719)
(1,959)

  
 
 
(5,719)
 
 
(1,959)

Net assets
  
11,189
13,425


Capital and reserves
  

Called up share capital 
 9 
100
100

Profit and loss account
  
11,089
13,325

  
11,189
13,425


Page 2

 
DGPHE & BARNARDS RENEWABLES LTD
REGISTERED NUMBER: 13349306
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 4 October 2024.




Mr D C Gipson
Mr D G Barnard
Director
Director

The notes on pages 4 to 10 form part of these financial statements.

Page 3

 
DGPHE & BARNARDS RENEWABLES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

The company is a private company incorporated in the United Kingdom and limited by shares. It is registered in England and Wales. The address of its registered office is 2 Cyprus Court, Attleborough, NR17 2AE.  The principle place of trade is Tibbenham.
The company's principal activity is that of plumbing and heating renewables engineers. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the Turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before Turnover is recognised:

Sale of goods

Turnover from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of Turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of Turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 4

 
DGPHE & BARNARDS RENEWABLES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 

Deferred tax balances are recognised in respect of timing differences that have originated but not reversed by the balance sheet date.
Current and deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.7

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 5

 
DGPHE & BARNARDS RENEWABLES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)


2.8
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles
-
25%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.9

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. 
At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.10

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.11

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.12

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.13

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
Debt instruments that are payable or receivable within one year, typically trade debtors and creditors are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.
Page 6

 
DGPHE & BARNARDS RENEWABLES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)


2.13
Financial instruments (continued)


 
2.14

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2023: 4). 


4.


Intangible assets




Website development

£



Cost


Additions
396



At 30 April 2024

396



Amortisation


Charge for the year on owned assets
79



At 30 April 2024

79



Net book value



At 30 April 2024
317



At 30 April 2023
-



Page 7

 
DGPHE & BARNARDS RENEWABLES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

5.


Tangible fixed assets





Motor vehicles

£



Cost or valuation


At 1 May 2023
15,500


Additions
22,000


Disposals
(7,000)



At 30 April 2024

30,500



Depreciation


At 1 May 2023
5,188


Charge for the year on owned assets
1,594


Charge for the year on financed assets
2,750


Disposals
(3,063)



At 30 April 2024

6,469



Net book value



At 30 April 2024
24,031



At 30 April 2023
10,313

Page 8

 
DGPHE & BARNARDS RENEWABLES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

6.


Debtors

2024
2023
£
£


Trade debtors
10,239
8,040

Other debtors
3,249
5,897

Prepayments and accrued income
486
405

13,974
14,342



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
17,683
10,383

Taxation and other social security costs
10,981
5,638

Obligations under finance lease and hire purchase contracts
3,310
-

Other creditors
1,344
4,947

Accruals and deferred income
1,748
2,084

35,066
23,052


Net obligations under hire purchase contracts are secured on the underlying assets.


8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Net obligations under finance leases and hire purchase contracts
4,966
-

4,966
-


Net obligations under hire purchase contracts are secured on the underlying assets.


9.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 Ordinary shares shares of £1.00 each
100
100


Page 9

 
DGPHE & BARNARDS RENEWABLES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

10.


Pension commitments

Contributions totalling £380 (2023: £189) were payable to the fund at the balance sheet date and are included in creditors.


11.


Related party transactions

As at 30 April 2024, the company owed £964 to the directors (2023: £4,758).  This loan is included in other creditors note 7 to the financial statements. No interest has been charged on the loan and the loan is repayable on demand.

 
Page 10