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REGISTERED NUMBER: 02994930 (England and Wales)







Unaudited Financial Statements for the Year Ended 30 April 2024

for

Dunkley & Co Limited

Dunkley & Co Limited (Registered number: 02994930)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Dunkley & Co Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: M Dunkley
M Dobbins
Mrs L White
J D Weston





REGISTERED OFFICE: Woodlands Grange
Woodlands Lane
Bradley Stoke
Bristol
BS32 4JY





REGISTERED NUMBER: 02994930 (England and Wales)





ACCOUNTANTS: Dunkley's
Chartered Accountants
Woodlands Grange
Woodlands Lane
Bradley Stoke
Bristol
BS32 4JY

Dunkley & Co Limited (Registered number: 02994930)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 647,389 503,667
Tangible assets 5 63,312 39,923
Investments 6 - -
710,701 543,590

CURRENT ASSETS
Debtors 7 806,455 819,356
Cash at bank and in hand 209,889 1,894
1,016,344 821,250
CREDITORS
Amounts falling due within one year 8 774,190 501,040
NET CURRENT ASSETS 242,154 320,210
TOTAL ASSETS LESS CURRENT LIABILITIES 952,855 863,800

CREDITORS
Amounts falling due after more than one year 9 (369,643 ) (307,934 )

PROVISIONS FOR LIABILITIES (237,400 ) (7,503 )
NET ASSETS 345,812 548,363

CAPITAL AND RESERVES
Called up share capital 11 980 980
Retained earnings 344,832 547,383
SHAREHOLDERS' FUNDS 345,812 548,363

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.

Dunkley & Co Limited (Registered number: 02994930)

Balance Sheet - continued
30 April 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 22 January 2025 and were signed on its behalf by:





M Dobbins - Director


Dunkley & Co Limited (Registered number: 02994930)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Dunkley & Co 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of ten years.

Goodwill from the incorporation of the Dunkley's sole trade is being amortised from 1 May 2022 straight line over 4 years.

Goodwill, being the amount paid in connection with the acquisition of a business in 2024, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 10% on cost
Fixtures and fittings - 10% on cost
Computer equipment - 33.33% on cost

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.

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.

Dunkley & Co Limited (Registered number: 02994930)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 53 (2023 - 46 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023 1,498,122
Additions 301,212
At 30 April 2024 1,799,334
AMORTISATION
At 1 May 2023 994,455
Charge for year 157,490
At 30 April 2024 1,151,945
NET BOOK VALUE
At 30 April 2024 647,389
At 30 April 2023 503,667

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 May 2023 11,663 9,575 66,068 87,306
Additions 693 19,226 24,995 44,914
Disposals - - (1,958 ) (1,958 )
At 30 April 2024 12,356 28,801 89,105 130,262
DEPRECIATION
At 1 May 2023 2,867 4,379 40,137 47,383
Charge for year 1,195 2,282 17,178 20,655
Eliminated on disposal - - (1,088 ) (1,088 )
At 30 April 2024 4,062 6,661 56,227 66,950
NET BOOK VALUE
At 30 April 2024 8,294 22,140 32,878 63,312
At 30 April 2023 8,796 5,196 25,931 39,923

Dunkley & Co Limited (Registered number: 02994930)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
Additions 303,522
At 30 April 2024 303,522
PROVISIONS
Provision for year 303,522
At 30 April 2024 303,522
NET BOOK VALUE
At 30 April 2024 -

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 575,711 293,394
Amounts recoverable on contract 178,599 170,380
Other Debtors - 288,000
Prepayments and accrued income 52,145 67,582
806,455 819,356

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 72,034 68,353
Trade creditors 95,521 72,653
Tax 129,384 147,121
Social security and other taxes 37,217 24,187
VAT 133,902 105,016
Other creditors 150,171 7,498
Directors' loan accounts 1,248 936
Accruals and deferred income 63,941 -
Accrued expenses 90,772 75,276
774,190 501,040

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans - 1-2 years 77,439 72,894
Bank loans - 2-5 years 162,084 235,040
Other creditors 130,120 -
369,643 307,934

10. SECURED DEBTS

The following secured debts are included within creditors:

30.4.24 30.4.23
£    £   
Bank loans 311,557 376,287

Dunkley & Co Limited (Registered number: 02994930)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
72,000 A Ordinary 1p 720 720
2,000 D Ordinary Share 1p 20 20
2,000 B Ordinary Shares 1p 20 20
2,000 E Ordinary 1p 20 20
10,000 G Ordinary 1p 100 100
10,000 F Ordinary 1p 100 100
980 980

12. OTHER FINANCIAL COMMITMENTS

As at the year end, there were future rent commitments of £689,951 (2023 - £777,299).

13. RELATED PARTY DISCLOSURES

As at 30 April 2024, the company had a loan of £14,000 from a company with a Director in common (2023 - loan to £288,000). The loan is interest free and repayable on demand.

14. ULTIMATE CONTROLLING PARTY

The controlling party is Dobbins & White Limited.

The ultimate controlling party is the Directors.