IRIS Accounts Production v24.3.0.553 NI617424 Board of Directors 1.5.23 30.4.24 30.4.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhNI6174242023-04-30NI6174242024-04-30NI6174242023-05-012024-04-30NI6174242022-04-30NI6174242022-05-012023-04-30NI6174242023-04-30NI617424ns15:NorthernIreland2023-05-012024-04-30NI617424ns14:PoundSterling2023-05-012024-04-30NI617424ns10:Director12023-05-012024-04-30NI617424ns10:PrivateLimitedCompanyLtd2023-05-012024-04-30NI617424ns10:SmallEntities2023-05-012024-04-30NI617424ns10:AuditExemptWithAccountantsReport2023-05-012024-04-30NI617424ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-30NI617424ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-30NI617424ns10:FullAccounts2023-05-012024-04-30NI61742412023-05-012024-04-30NI617424ns10:Director22023-05-012024-04-30NI617424ns10:RegisteredOffice2023-05-012024-04-30NI617424ns5:CurrentFinancialInstruments2024-04-30NI617424ns5:CurrentFinancialInstruments2023-04-30NI617424ns5:Non-currentFinancialInstruments2024-04-30NI617424ns5:Non-currentFinancialInstruments2023-04-30NI617424ns5:ShareCapital2024-04-30NI617424ns5:ShareCapital2023-04-30NI617424ns5:RetainedEarningsAccumulatedLosses2024-04-30NI617424ns5:RetainedEarningsAccumulatedLosses2023-04-30NI617424ns5:NetGoodwill2023-05-012024-04-30NI617424ns5:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-30NI617424ns5:NetGoodwill2023-04-30NI617424ns5:NetGoodwill2024-04-30NI617424ns5:NetGoodwill2023-04-30NI617424ns5:LeaseholdImprovements2023-04-30NI617424ns5:PlantMachinery2023-04-30NI617424ns5:LeaseholdImprovements2023-05-012024-04-30NI617424ns5:PlantMachinery2023-05-012024-04-30NI617424ns5:LeaseholdImprovements2024-04-30NI617424ns5:PlantMachinery2024-04-30NI617424ns5:LeaseholdImprovements2023-04-30NI617424ns5:PlantMachinery2023-04-30NI617424ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-04-30NI617424ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-05-012024-04-30NI617424ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-04-30NI617424ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-04-30NI617424ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-30NI617424ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-30
REGISTERED NUMBER: NI617424 (Northern Ireland)













DCGR LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024






DCGR LTD (REGISTERED NUMBER: NI617424)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


DCGR LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: Mr D Devine
Mrs C Devine



REGISTERED OFFICE: 27 Freughlough Road
CASTLEDERG
Co. Tyrone
BT81 7JU



REGISTERED NUMBER: NI617424 (Northern Ireland)



ACCOUNTANTS: McAleer Jackson Ltd
Chartered Accountants & Chartered Tax Advisers
Church House
24 Dublin Road
OMAGH
Co. Tyrone
BT78 1HE



BANKERS: Bank of Ireland
25 Campsie Road
OMAGH
Co. Tyrone
BT79 0AE



SOLICITORS: P Fahy & Co
John St
OMAGH
County Tyrone
BT78 1DW

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
DCGR LTD

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.


In accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company for the year ended 30 April 2024 which comprise the Income Statement, Balance Sheet and the related notes from the accounting records and information and explanations you have given to us.

This report is made to the company's Board of Directors, as a body, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the company's Board of Directors that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's Board of Directors, as a body, for our work or for this report.

We have carried out this engagement in accordance with guidance issued by the Institute of Chartered Accountants in Ireland and have complied with the ethical guidance laid down by the Institute relating to members undertaking the compilation of financial statements.

You have acknowledged on the Balance Sheet as at 30 April 2024 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.

We have not been instructed to carry out an audit of the financial statements. 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 financial statements.






McAleer Jackson Ltd
Chartered Accountants & Chartered Tax Advisers
Church House
24 Dublin Road
OMAGH
Co. Tyrone
BT78 1HE


Date: .............................................

DCGR LTD (REGISTERED NUMBER: NI617424)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 154,938 177,558
154,938 177,558

CURRENT ASSETS
Stocks 107,503 120,149
Debtors 6 315,453 307,515
Cash at bank and in hand 218,099 74,138
641,055 501,802
CREDITORS
Amounts falling due within one year 7 307,273 268,154
NET CURRENT ASSETS 333,782 233,648
TOTAL ASSETS LESS CURRENT
LIABILITIES

488,720

411,206

CREDITORS
Amounts falling due after more than one year 8 (212,062 ) (206,409 )

PROVISIONS FOR LIABILITIES (31,792 ) (33,381 )
NET ASSETS 244,866 171,416

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 244,666 171,216
SHAREHOLDERS' FUNDS 244,866 171,416

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

DCGR LTD (REGISTERED NUMBER: NI617424)

BALANCE SHEET - continued
30 APRIL 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 13 November 2024 and were signed on its behalf by:





Mr D Devine - Director


DCGR LTD (REGISTERED NUMBER: NI617424)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

DCGR Ltd is a private company, limited by shares , registered in Northern Ireland. 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rate in order to write off each asset over it's estimated useful life

Improvements to property - 2% Straight Line
Plant & equipment - 20% Reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


DCGR LTD (REGISTERED NUMBER: NI617424)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

2. ACCOUNTING POLICIES - continued
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.

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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transactional price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 9 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 70,000
AMORTISATION
At 1 May 2023
and 30 April 2024 70,000
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 -

DCGR LTD (REGISTERED NUMBER: NI617424)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

5. TANGIBLE FIXED ASSETS
Plant &
Buildings equipment Totals
£    £    £   
COST
At 1 May 2023 49,271 260,525 309,796
Additions - 6,546 6,546
At 30 April 2024 49,271 267,071 316,342
DEPRECIATION
At 1 May 2023 6,070 126,168 132,238
Charge for year 985 28,181 29,166
At 30 April 2024 7,055 154,349 161,404
NET BOOK VALUE
At 30 April 2024 42,216 112,722 154,938
At 30 April 2023 43,201 134,357 177,558

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant &
equipment
£   
COST
At 1 May 2023
and 30 April 2024 77,042
DEPRECIATION
At 1 May 2023 15,408
Charge for year 12,327
At 30 April 2024 27,735
NET BOOK VALUE
At 30 April 2024 49,307
At 30 April 2023 61,634

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 313,613 305,795
Other debtors 1,840 1,720
315,453 307,515

DCGR LTD (REGISTERED NUMBER: NI617424)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,648 10,654
Hire purchase contracts 13,003 13,003
Trade creditors 224,690 214,461
Taxation and social security 34,219 4,328
Other creditors 24,713 25,708
307,273 268,154

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 11,739 21,673
Hire purchase contracts 15,479 29,245
Other creditors 184,844 155,491
212,062 206,409

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Directors loan 184,844 155,491

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Declan Devine has a personal guarantee of £31,250 with the bank.

Colette Devine has a personal guarantee of £31,250 with the bank.