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Company Registration No. 04208734 (England and Wales)
D & T Industries Limited Unaudited accounts for the year ended 30 April 2024
D & T Industries Limited Unaudited accounts Contents
Page
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D & T Industries Limited Company Information for the year ended 30 April 2024
Director
Delgarde Ragnar Strowgger
Company Number
04208734 (England and Wales)
Registered Office
Unit 31 Dry Drayton Industries Scotland Road, Dry Drayton Cambridge CB23 8AT England
Accountants
Balancing Act (Cambridge) Limited East View Byards Leap Cranwell Sleaford Lincolnshire NG34 8EY
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D & T Industries Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
178,379 
145,386 
Current assets
Inventories
37,500 
37,500 
Debtors
235,471 
287,629 
Cash at bank and in hand
24,509 
31,644 
297,480 
356,773 
Creditors: amounts falling due within one year
(282,891)
(346,632)
Net current assets
14,589 
10,141 
Total assets less current liabilities
192,968 
155,527 
Creditors: amounts falling due after more than one year
(76,752)
(45,000)
Provisions for liabilities
Deferred tax
(32,742)
(26,903)
Net assets
83,474 
83,624 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
83,374 
83,524 
Shareholders' funds
83,474 
83,624 
For the year ending 30 April 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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.
The financial statements were approved by the Board and authorised for issue on 19 July 2024 and were signed on its behalf by
Delgarde Ragnar Strowgger Director Company Registration No. 04208734
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D & T Industries Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
D & T Industries Limited is a private company, limited by shares, registered in England and Wales, registration number 04208734. The registered office is Unit 31 Dry Drayton Industries, Scotland Road, Dry Drayton, Cambridge, CB23 8AT, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Revenue from services is recognised when those services are performed. Revenue from sale of goods is recognised when an order is made and a deposit has been taken.
Goodwill
Goodwill, being the amount paid in consideration with the acquisition of a business, is being amortised evenly over its estimated useful life of six years.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
at varying rates on cost
Motor vehicles
20% on cost
Fixtures & fittings
10% on cost
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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D & T Industries Limited Notes to the Accounts for the year ended 30 April 2024
Foreign currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Hire purchase and leasing committments
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 May 2023
4,000 
At 30 April 2024
4,000 
Amortisation
At 1 May 2023
4,000 
At 30 April 2024
4,000 
Net book value
At 30 April 2024
- 
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 May 2023
115,784 
201,617 
35,481 
352,882 
Additions
4,703 
93,216 
6,028 
103,947 
At 30 April 2024
120,487 
294,833 
41,509 
456,829 
Depreciation
At 1 May 2023
105,925 
85,012 
16,559 
207,496 
Charge for the year
7,836 
58,967 
4,151 
70,954 
At 30 April 2024
113,761 
143,979 
20,710 
278,450 
Net book value
At 30 April 2024
6,726 
150,854 
20,799 
178,379 
At 30 April 2023
9,859 
116,605 
18,922 
145,386 
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D & T Industries Limited Notes to the Accounts for the year ended 30 April 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
225,272 
279,614 
Other debtors
10,199 
8,015 
235,471 
287,629 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
20,000 
20,000 
VAT
82,013 
61,065 
Obligations under finance leases and hire purchase contracts
20,244 
- 
Trade creditors
97,783 
83,029 
Taxes and social security
51,834 
27,017 
Other creditors
8,017 
6,963 
Accruals
3,000 
148,558 
282,891 
346,632 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
25,000 
45,000 
Obligations under finance leases and hire purchase contracts
51,752 
- 
76,752 
45,000 
During the year ended 30 April 2021 the company received a bank loan of £120,000 under the Coronavirus Business Interruption Loan Scheme (CBILS). The UK Government covered the interest due under the loan agreement for a period of 12 months. Interest is applied at 2.5% per annum.
9
Loans to directors
Amounts owed by the director are interest free and repayable on demand.
10
Average number of employees
During the year the average number of employees was 15 (2023: 15).
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