Registered Number:05998454 |
For the year ended 31 March 2024
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2024
DDG Windows Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
DDG Windows Limited
Statement of Financial Position
2023
2024
Property, plant and equipment |
694,003
618,525
2
694,003
618,525
485,275
435,275
3
Trade and other receivables |
213,866
191,941
4
506,323
Cash and cash equivalents |
531,517
1,158,733
1,205,464
Trade and other payables: amounts falling due within one |
year |
(781,453)
(777,479)
5
424,011
381,254
Net current assets
Total assets less current liabilities |
1,075,257
1,042,536
Trade and other payables: amounts falling due after more |
than one year |
(127,571)
(49,068)
6
1,026,189
Net assets
914,965
100
100
1,026,089
914,865
1,026,189
914,965
Shareholders' funds
For the year ended 31 March 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 of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Dipesh Karsan Kerai Director |
These financial statements were approved and authorised for issue by the Board on 06 November 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 March 2024
DDG Windows Limited
Notes to the Financial Statements
Statutory Information
DDG Windows Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 05998454. |
101 Wantz Road
Dagenham
Essex
RM10 8PS
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Motor vehicles
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a straight line basis. |
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For the year ended 31 March 2024
DDG Windows Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
Motor vehicles
884,718
4,358
105,360
775,000
214,026
-
214,026
-
775,000
319,386
4,358
1,098,744
Provision for depreciation and impairment |
266,193
3,744
60,107
202,342
Charge for year
138,548
92
52,557
85,899
404,741
3,836
112,664
288,241
486,759
206,722
522
694,003
572,658
45,253
614
618,525
2023
2024
435,275
485,275
4. Trade and other receivables |
2023
2024
79,419
66,770
112,522
147,096
213,866
191,941
5. Trade and other payables: amounts falling due within one year |
2023
2024
645,169
645,101
Taxation and social security |
3,276
5,097
129,034
131,255
777,479
781,453
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For the year ended 31 March 2024
DDG Windows Limited
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year |
2023
2024
49,068
127,571
7. Average number of persons employed |
During the year the average number of employees was 20 (2023 : 19)
4 of 4