Company Registration No. 10159642 (England and Wales)
DBM Haulage Ltd
Unaudited accounts
for the year ended 31 May 2024
DBM Haulage Ltd
Unaudited accounts
Contents
DBM Haulage Ltd
Company Information
for the year ended 31 May 2024
Company Number
10159642 (England and Wales)
Registered Office
5 Cecil Road
Harrow
Middlesex
HA3 5QY
England
DBM Haulage Ltd
Statement of financial position
as at 31 May 2024
Tangible assets
566,624
525,037
Cash at bank and in hand
54,608
223,139
Creditors: amounts falling due within one year
(189,487)
(153,730)
Net current (liabilities)/assets
(4,547)
134,887
Total assets less current liabilities
562,077
659,924
Creditors: amounts falling due after more than one year
(33,029)
(138,568)
Net assets
529,048
521,356
Called up share capital
100
100
Profit and loss account
528,948
521,256
Shareholders' funds
529,048
521,356
For the year ending 31 May 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 27 December 2024 and were signed on its behalf by
Dorin Bumb
Director
Company Registration No. 10159642
DBM Haulage Ltd
Notes to the Accounts
for the year ended 31 May 2024
DBM Haulage Ltd is a private company, limited by shares, registered in England and Wales, registration number 10159642. The registered office is 5 Cecil Road, Harrow, Middlesex, HA3 5QY, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 June 2023
410,475
366,250
776,725
Disposals
-
(130,000)
(130,000)
At 31 May 2024
410,475
331,250
741,725
At 1 June 2023
-
251,688
251,688
Charge for the year
-
37,413
37,413
On disposals
-
(114,000)
(114,000)
At 31 May 2024
-
175,101
175,101
At 31 May 2024
410,475
156,149
566,624
At 31 May 2023
410,475
114,562
525,037
DBM Haulage Ltd
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
Trade debtors
130,332
65,478
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
53,567
-
Obligations under finance leases and hire purchase contracts
1,301
20,650
Trade creditors
119,871
34,966
Taxes and social security
2,059
47,024
Loans from directors
8,647
26,247
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
11,842
8
Average number of employees
During the year the average number of employees was 5 (2023: 5).