2023-04-012024-03-312024-03-31false13715586DND GROUP LTD2024-12-01iso4217:GBPxbrli:pure137155862023-04-01137155862024-03-31137155862023-04-012024-03-31137155862022-04-01137155862023-03-31137155862022-04-012023-03-3113715586bus:SmallEntities2023-04-012024-03-3113715586bus:AuditExempt-NoAccountantsReport2023-04-012024-03-3113715586bus:FullAccounts2023-04-012024-03-3113715586bus:PrivateLimitedCompanyLtd2023-04-012024-03-3113715586core:WithinOneYear2024-03-3113715586core:AfterOneYear2024-03-3113715586core:WithinOneYear2023-03-3113715586core:AfterOneYear2023-03-3113715586core:ShareCapital2024-03-3113715586core:SharePremium2024-03-3113715586core:RevaluationReserve2024-03-3113715586core:OtherReservesSubtotal2024-03-3113715586core:RetainedEarningsAccumulatedLosses2024-03-3113715586core:ShareCapital2023-03-3113715586core:SharePremium2023-03-3113715586core:RevaluationReserve2023-03-3113715586core:OtherReservesSubtotal2023-03-3113715586core:RetainedEarningsAccumulatedLosses2023-03-3113715586core:LandBuildings2024-03-3113715586core:PlantMachinery2024-03-3113715586core:Vehicles2024-03-3113715586core:FurnitureFittings2024-03-3113715586core:OfficeEquipment2024-03-3113715586core:NetGoodwill2024-03-3113715586core:IntangibleAssetsOtherThanGoodwill2024-03-3113715586core:ListedExchangeTraded2024-03-3113715586core:UnlistedNon-exchangeTraded2024-03-3113715586core:LandBuildings2023-03-3113715586core:PlantMachinery2023-03-3113715586core:Vehicles2023-03-3113715586core:FurnitureFittings2023-03-3113715586core:OfficeEquipment2023-03-3113715586core:NetGoodwill2023-03-3113715586core:IntangibleAssetsOtherThanGoodwill2023-03-3113715586core:ListedExchangeTraded2023-03-3113715586core:UnlistedNon-exchangeTraded2023-03-3113715586core:LandBuildings2023-04-012024-03-3113715586core:PlantMachinery2023-04-012024-03-3113715586core:Vehicles2023-04-012024-03-3113715586core:FurnitureFittings2023-04-012024-03-3113715586core:OfficeEquipment2023-04-012024-03-3113715586core:NetGoodwill2023-04-012024-03-3113715586core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3113715586core:ListedExchangeTraded2023-04-012024-03-3113715586core:UnlistedNon-exchangeTraded2023-04-012024-03-3113715586core:MoreThanFiveYears2023-04-012024-03-3113715586core:Non-currentFinancialInstruments2024-03-3113715586core:Non-currentFinancialInstruments2023-03-3113715586dpl:CostSales2023-04-012024-03-3113715586dpl:DistributionCosts2023-04-012024-03-3113715586core:LandBuildings2023-04-012024-03-3113715586core:PlantMachinery2023-04-012024-03-3113715586core:Vehicles2023-04-012024-03-3113715586core:FurnitureFittings2023-04-012024-03-3113715586core:OfficeEquipment2023-04-012024-03-3113715586dpl:AdministrativeExpenses2023-04-012024-03-3113715586core:NetGoodwill2023-04-012024-03-3113715586core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3113715586dpl:GroupUndertakings2023-04-012024-03-3113715586dpl:ParticipatingInterests2023-04-012024-03-3113715586dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3113715586core:ListedExchangeTraded2023-04-012024-03-3113715586dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3113715586core:UnlistedNon-exchangeTraded2023-04-012024-03-3113715586dpl:CostSales2022-04-012023-03-3113715586dpl:DistributionCosts2022-04-012023-03-3113715586core:LandBuildings2022-04-012023-03-3113715586core:PlantMachinery2022-04-012023-03-3113715586core:Vehicles2022-04-012023-03-3113715586core:FurnitureFittings2022-04-012023-03-3113715586core:OfficeEquipment2022-04-012023-03-3113715586dpl:AdministrativeExpenses2022-04-012023-03-3113715586core:NetGoodwill2022-04-012023-03-3113715586core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3113715586dpl:GroupUndertakings2022-04-012023-03-3113715586dpl:ParticipatingInterests2022-04-012023-03-3113715586dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3113715586core:ListedExchangeTraded2022-04-012023-03-3113715586dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3113715586core:UnlistedNon-exchangeTraded2022-04-012023-03-3113715586core:NetGoodwill2024-03-3113715586core:IntangibleAssetsOtherThanGoodwill2024-03-3113715586core:LandBuildings2024-03-3113715586core:PlantMachinery2024-03-3113715586core:Vehicles2024-03-3113715586core:FurnitureFittings2024-03-3113715586core:OfficeEquipment2024-03-3113715586core:AfterOneYear2024-03-3113715586core:WithinOneYear2024-03-3113715586core:ListedExchangeTraded2024-03-3113715586core:UnlistedNon-exchangeTraded2024-03-3113715586core:ShareCapital2024-03-3113715586core:SharePremium2024-03-3113715586core:RevaluationReserve2024-03-3113715586core:OtherReservesSubtotal2024-03-3113715586core:RetainedEarningsAccumulatedLosses2024-03-3113715586core:NetGoodwill2023-03-3113715586core:IntangibleAssetsOtherThanGoodwill2023-03-3113715586core:LandBuildings2023-03-3113715586core:PlantMachinery2023-03-3113715586core:Vehicles2023-03-3113715586core:FurnitureFittings2023-03-3113715586core:OfficeEquipment2023-03-3113715586core:AfterOneYear2023-03-3113715586core:WithinOneYear2023-03-3113715586core:ListedExchange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DND GROUP LTD

Registered Number
13715586
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2024

DND GROUP LTD
Company Information
for the year from 1 April 2023 to 31 March 2024

Directors

LUCAS, Edwin Rodger
PENNER-BRIGHT, Yosepha Rochel

Registered Address

Regus Office 39 Imperial Place
Maxwell Road
Borehamwood
WD6 1JN

Registered Number

13715586 (England and Wales)
DND GROUP LTD
Statement of Financial Position
31 March 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets3400,94763,210
400,94763,210
Current assets
Stocks4111,20855,298
Debtors2,612,738438,139
Cash at bank and on hand10,0551,552
2,734,001494,989
Creditors amounts falling due within one year5(3,134,369)(642,563)
Net current assets (liabilities)(400,368)(147,574)
Total assets less current liabilities579(84,364)
Net assets579(84,364)
Capital and reserves
Called up share capital100100
Share premium64,99564,995
Profit and loss account(64,516)(149,459)
Shareholders' funds579(84,364)
The financial statements were approved and authorised for issue by the Board of Directors on 1 December 2024, and are signed on its behalf by:
PENNER-BRIGHT, Yosepha Rochel
Director
Registered Company No. 13715586
DND GROUP LTD
Notes to the Financial Statements
for the year ended 31 March 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.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
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).
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Going concern
The company meets its day-to-day working capital requirements through its bank facilities. The current economic conditions continue to create uncertainty over (a) the level of demand for the company’s products; and (b) the availability of bank finance for the foreseeable future. The company’s forecasts and projections, taking account of reasonably possible changes in trading performance, show that the company should be able to operate within the level of its current facilities. After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company, therefore, continues to adopt the going concern basis in preparing its financial statements.
Turnover policy
Revenue is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Revenue from the sale of goods is recognised when goods are delivered and legal title has passed. Revenue from the rendering of services is recognised when the services have been performed.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Plant and machinery10
Fixtures and fittings5
Vehicles3
Office Equipment3
Finance leases and hire purchase contracts
At inception, the company assesses agreements that transfer the right to use assets. The assessment considers whether the arrangement is, or contains, a lease based on the substance of the arrangement. i. Finance leased assets Leases of assets that transfer substantially all the risks and rewards incidental to ownership are classified as finance leases. Finance leases are capitalised at the commencement of the lease as assets at the fair value of the leased asset or, if lower, the present value of the minimum lease payments calculated using the interest rate implicit in the lease. Assets are depreciated over the shorter of the lease term and the estimated useful life of the asset. Assets are assessed for impairment at each reporting date. The capital element of lease obligations is recorded as a liability on the inception of the arrangement. Lease payments are apportioned between capital repayment and finance charge, using the effective interest rate method, to produce a constant rate of charge on the balance of the capital repayments outstanding. ii. Operating leased assets Leases that do not transfer all the risks and rewards of ownership are classified as operating leases. Payments under operating leases are charged to the profit and loss account on a straight-line basis over the period of the lease
Stocks and work in progress
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.
2.Average number of employees

20242023
Average number of employees during the year11772
3.Tangible fixed assets

Plant & machinery

Vehicles

Fixtures & fittings

Office Equipment

Total

£££££
Cost or valuation
At 01 April 2368,758-42,219339111,316
Additions296,22822,70391,0244,594414,549
At 31 March 24364,98622,703133,2434,933525,865
Depreciation and impairment
At 01 April 2341,169-6,59833948,106
Charge for year42,5923,94527,2822,99376,812
At 31 March 2483,7613,94533,8803,332124,918
Net book value
At 31 March 24281,22518,75899,3631,601400,947
At 31 March 2327,589-35,621-63,210
4.Stocks

2024

2023

££
Raw materials and consumables111,20855,298
Total111,20855,298
5.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables1,259,743198,470
Other creditors1,870,181444,093
Accrued liabilities and deferred income4,445-
Total3,134,369642,563