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REGISTERED NUMBER: 00871191 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

DP FUEL TANK SERVICES LIMITED

DP FUEL TANK SERVICES LIMITED (REGISTERED NUMBER: 00871191)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


DP FUEL TANK SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: N Plumb
Mrs E J Plumb





REGISTERED OFFICE: 29 Gildredge Road
Eastbourne
East Sussex
BN21 4RU





REGISTERED NUMBER: 00871191 (England and Wales)





ACCOUNTANTS: Advanta
Chartered Accountants
29 Gildredge Road
Eastbourne
East Sussex
BN21 4RU

DP FUEL TANK SERVICES LIMITED (REGISTERED NUMBER: 00871191)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 89,998 62,891

CURRENT ASSETS
Stocks 5 113,534 -
Debtors 6 125,902 69,434
Cash at bank 294,546 279,650
533,982 349,084
CREDITORS
Amounts falling due within one year 7 211,130 81,833
NET CURRENT ASSETS 322,852 267,251
TOTAL ASSETS LESS CURRENT
LIABILITIES

412,850

330,142

PROVISIONS FOR LIABILITIES 8 14,608 4,077
NET ASSETS 398,242 326,065

CAPITAL AND RESERVES
Called up share capital 4 4
Capital redemption reserve 5 5
Retained earnings 398,233 326,056
SHAREHOLDERS' FUNDS 398,242 326,065

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

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 16 January 2025 and were signed on its behalf by:





N Plumb - Director


DP FUEL TANK SERVICES LIMITED (REGISTERED NUMBER: 00871191)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

DP Fuel Tank Services 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.

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.

Freehold property2% on cost
Plant & machinery25% on reducing balance
Office equipment25% on reducing balance
Motor vans40% on reducing balance
Motor cars25% on reducing balance
Computer equipment33.33% 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.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

DP FUEL TANK SERVICES LIMITED (REGISTERED NUMBER: 00871191)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


4. TANGIBLE FIXED ASSETS
Plant & Furniture,fittings Motor
machinery & equipment vehicles Totals
£    £    £    £   
COST
At 1 May 2023 46,090 46,271 135,130 227,491
Additions 3,214 - 86,545 89,759
Disposals - - (69,995 ) (69,995 )
At 30 April 2024 49,304 46,271 151,680 247,255
DEPRECIATION
At 1 May 2023 39,634 36,525 88,441 164,600
Charge for year 2,417 2,892 29,511 34,820
Eliminated on disposal - - (42,163 ) (42,163 )
At 30 April 2024 42,051 39,417 75,789 157,257
NET BOOK VALUE
At 30 April 2024 7,253 6,854 75,891 89,998
At 30 April 2023 6,456 9,746 46,689 62,891

5. STOCKS
2024 2023
£    £   
Stock & work in progress 113,534 -

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 50,094 44,430
Amounts owed by group undertakings 476 363
Other debtors 48,000 12,750
VAT 2,952 -
Prepayments 24,380 11,891
125,902 69,434

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 126,577 16,471
Tax 75,003 50,003
PAYE - 2,132
VAT - 7,054
Credit card 7,084 3,451
Directors' current accounts 316 316
Accrued expenses 2,150 2,406
211,130 81,833

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated / decelerated capital allowances 14,608 4,077

DP FUEL TANK SERVICES LIMITED (REGISTERED NUMBER: 00871191)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 May 2023 4,077
Charge to Income Statement during year 10,531
Balance at 30 April 2024 14,608

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is N Plumb.