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REGISTERED NUMBER: 07534716 (England and Wales)











FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

D & T SUPPLIES LIMITED

D & T SUPPLIES LIMITED (REGISTERED NUMBER: 07534716)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


D & T SUPPLIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: M Sewell





REGISTERED OFFICE: 10 Jesus Lane
Cambridge
Cambridgeshire
CB5 8BA





BUSINESS ADDRESS: Unit 10
Norman Way Industrial Park
Over
Cambridgeshire
CB24 5QE





REGISTERED NUMBER: 07534716 (England and Wales)





ACCOUNTANTS: Thompson Taraz Rand Ltd
Chartered Accountants
10 Jesus Lane
Cambridge
Cambridgeshire
CB5 8BA

D & T SUPPLIES LIMITED (REGISTERED NUMBER: 07534716)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 5 2,380 2,619

CURRENT ASSETS
Stocks 280,903 318,506
Debtors 6 267,126 390,927
Cash at bank and in hand 187,980 218,667
736,009 928,100
CREDITORS
Amounts falling due within one year 7 (301,472 ) (509,799 )
NET CURRENT ASSETS 434,537 418,301
TOTAL ASSETS LESS CURRENT LIABILITIES 436,917 420,920

CREDITORS
Amounts falling due after more than one
year

8

(12,752

)

(22,638

)

PROVISIONS FOR LIABILITIES 9 (5,452 ) (5,498 )
NET ASSETS 418,713 392,784

CAPITAL AND RESERVES
Called up share capital 10 2 2
Retained earnings 418,711 392,782
SHAREHOLDERS' FUNDS 418,713 392,784

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

D & T SUPPLIES LIMITED (REGISTERED NUMBER: 07534716)

BALANCE SHEET - continued
31 MARCH 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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 November 2024 and were signed by:





M Sewell - Director


D & T SUPPLIES LIMITED (REGISTERED NUMBER: 07534716)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

D & T Supplies Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is recognised in respect of both the cash and credit sale of heating and plumbing supplies to the trade and retail customers excluding value added tax. Revenue is recognised on dispatch or collection of the goods.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost
Computer equipment - 25% on cost

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

D & T SUPPLIES LIMITED (REGISTERED NUMBER: 07534716)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

3. ACCOUNTING POLICIES - continued

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets or financial liabilities or equity instruments.

Basic financial assets:
Basic financial assets which include assets and such as debtors, cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitute a financing transaction, where the transaction is measured at the present value of future receipts are discounted at a market rate of interest. Assets receivable within one year are not discounted.

Basic financial liabilities:
Basic financial liabilities. including creditors, bank loans, are initially measured at transaction price net of transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not discounted.

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

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The director has a more than reasonable expectation that the company has the required resources to continue in operational existence for the foreseeable future.In making this assessment the director has considered the Company's financial resources at the time of approving the financial statements as well as anticipated future activity and results.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

D & T SUPPLIES LIMITED (REGISTERED NUMBER: 07534716)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2023 2,061 5,253 9,995 4,396 21,705
Additions - - - 1,270 1,270
Disposals - - - (597 ) (597 )
At 31 March 2024 2,061 5,253 9,995 5,069 22,378
DEPRECIATION
At 1 April 2023 1,908 4,852 9,995 2,331 19,086
Charge for year 67 289 - 823 1,179
Eliminated on disposal - - - (267 ) (267 )
At 31 March 2024 1,975 5,141 9,995 2,887 19,998
NET BOOK VALUE
At 31 March 2024 86 112 - 2,182 2,380
At 31 March 2023 153 401 - 2,065 2,619

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 265,640 389,414
Other debtors 1,486 1,513
267,126 390,927

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 11,160 11,160
Trade creditors 214,492 409,935
Amounts owed to group undertakings 36,731 39,231
Taxation and social security 38,789 48,723
Other creditors 300 750
301,472 509,799

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 12,752 22,638

Amounts shown within bank loans and overdrafts represent a bounce back loan of £50,000.

D & T SUPPLIES LIMITED (REGISTERED NUMBER: 07534716)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated capital allowances 452 498
Dilapidation provision 5,000 5,000
5,452 5,498

Deferred
tax
£   
Balance at 1 April 2023 498
Credit to Profit and loss account during year (46 )
Balance at 31 March 2024 452

Deferred tax is recognised in respect over the excess of capital allowances over depreciation.

10. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary shares £1 2 2

11. OTHER FINANCIAL COMMITMENTS

The company has commitments under non cancellable operating leases in respect to the rental of its commercial premises amounting to £27,602 due in less than one year and £25,547 due between two and five years.

12. RELATED PARTY DISCLOSURES

At the balance sheet date the company owed £36,731 (2023 :£39,231) to its parent entity. The balance is disclosed within amounts due to group undertakings within creditors.The loan is repayable on demand and interest free.

The amount the company owes the director at the balance sheet date amounted to £300 (2023 : £750 ) and is included with in other creditors, bears no interest and is repayable on demand