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REGISTERED NUMBER: 12335942 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

DLM Gas Ltd

DLM Gas Ltd (Registered number: 12335942)






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


DLM Gas Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: D Mahoney
Mrs D G Mahoney





REGISTERED OFFICE: The Vision Centre
5 Eastern Way
Bury St. Edmunds
IP32 7AB





REGISTERED NUMBER: 12335942 (England and Wales)





ACCOUNTANTS: D and E Accountancy Ltd
Tax Advisors and Accountants
2nd Floor, 2 Walsworth Road
Hitchin
Hertfordshire
SG4 9SP

DLM Gas Ltd (Registered number: 12335942)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,742 11,491

CURRENT ASSETS
Stocks 5 100 100
Debtors 6 4,388 613
Cash at bank 1,148 3,850
5,636 4,563
CREDITORS
Amounts falling due within one year 7 4,569 4,470
NET CURRENT ASSETS 1,067 93
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,809

11,584

CREDITORS
Amounts falling due after more than
one year

8

(7,806

)

(9,147

)

PROVISIONS FOR LIABILITIES 9 (1,661 ) (2,183 )
NET ASSETS 342 254

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 11 242 154
SHAREHOLDERS' FUNDS 342 254

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 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.

DLM Gas Ltd (Registered number: 12335942)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 December 2024 and were signed on its behalf by:





D Mahoney - Director


DLM Gas Ltd (Registered number: 12335942)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

DLM Gas Ltd 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on 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.

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.

DLM Gas Ltd (Registered number: 12335942)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2023 9,989 8,043 3,106 21,138
Additions - - 462 462
Disposals (1,415 ) - - (1,415 )
At 31 March 2024 8,574 8,043 3,568 20,185
DEPRECIATION
At 1 April 2023 3,395 4,469 1,783 9,647
Charge for year 989 894 588 2,471
Eliminated on disposal (675 ) - - (675 )
At 31 March 2024 3,709 5,363 2,371 11,443
NET BOOK VALUE
At 31 March 2024 4,865 2,680 1,197 8,742
At 31 March 2023 6,594 3,574 1,323 11,491

5. STOCKS
31.3.24 31.3.23
£    £   
Stocks 100 100

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 2 213
Other debtors 4,386 400
4,388 613

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Taxation and social security 3,489 1,896
Other creditors 1,080 2,574
4,569 4,470

DLM Gas Ltd (Registered number: 12335942)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans 7,806 9,147

9. PROVISIONS FOR LIABILITIES
31.3.24 31.3.23
£    £   
Deferred tax 1,661 2,183

Deferred
tax
£   
Balance at 1 April 2023 2,183
Credit to Income Statement during year (522 )
Balance at 31 March 2024 1,661

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 Ordinary £1 100 100

11. RESERVES
Retained
earnings
£   

At 1 April 2023 154
Profit for the year 4,388
Dividends (4,300 )
At 31 March 2024 242

12. ULTIMATE CONTROLLING PARTY

The company is under the joint control of the directors.