IRIS Accounts Production v24.3.2.46 04162465 Board of Directors 1.5.23 30.4.24 30.4.24 true false true true false false true false 4986 3832 4000 4154 3000 8986 4986 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh041624652023-04-30041624652024-04-30041624652023-05-012024-04-30041624652022-04-30041624652022-05-012023-04-30041624652023-04-3004162465ns15:EnglandWales2023-05-012024-04-3004162465ns14:PoundSterling2023-05-012024-04-3004162465ns10:Director12023-05-012024-04-3004162465ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3004162465ns10:FRS1022023-05-012024-04-3004162465ns10:Audited2023-05-012024-04-3004162465ns10:LargeMedium-sizedCompaniesRegimeForDirectorsReport2023-05-012024-04-3004162465ns10:LargeMedium-sizedCompaniesRegimeForAccounts2023-05-012024-04-3004162465ns10:FullAccounts2023-05-012024-04-300416246541ns10:Director12023-04-300416246541ns10:Director12022-04-300416246541ns10:Director12023-05-012024-04-300416246541ns10:Director12022-05-012023-04-300416246541ns10:Director12024-04-300416246541ns10:Director12023-04-3004162465ns10:Director22023-05-012024-04-3004162465ns10:Director32023-05-012024-04-3004162465ns10:Director42023-05-012024-04-3004162465ns10:RegisteredOffice2023-05-012024-04-3004162465ns5:CurrentFinancialInstruments2024-04-3004162465ns5:CurrentFinancialInstruments2023-04-3004162465ns5:Non-currentFinancialInstruments2024-04-3004162465ns5:Non-currentFinancialInstruments2023-04-3004162465ns5:ShareCapital2024-04-3004162465ns5:ShareCapital2023-04-3004162465ns5:RetainedEarningsAccumulatedLosses2024-04-3004162465ns5:RetainedEarningsAccumulatedLosses2023-04-3004162465ns5:ShareCapital2022-04-3004162465ns5:RetainedEarningsAccumulatedLosses2022-04-3004162465ns5:RetainedEarningsAccumulatedLosses2022-05-012023-04-3004162465ns5:RetainedEarningsAccumulatedLosses2023-05-012024-04-3004162465ns5:ShortLeaseholdAssetsns5:LandBuildings2023-05-012024-04-3004162465ns5:PlantMachinery2023-05-012024-04-3004162465ns5:FurnitureFittings2023-05-012024-04-3004162465ns5:MotorVehicles2023-05-012024-04-3004162465ns5:ComputerEquipment2023-05-012024-04-3004162465ns5:PlantEquipmentOtherAssetsUnderOperatingLeases2023-05-012024-04-3004162465ns5:PlantEquipmentOtherAssetsUnderOperatingLeases2022-05-012023-04-3004162465ns5:OwnedAssets2023-05-012024-04-3004162465ns5:OwnedAssets2022-05-012023-04-3004162465ns5:LeasedAssets2023-05-012024-04-3004162465ns5:LeasedAssets2022-05-012023-04-300416246512023-05-012024-04-300416246512022-05-012023-04-3004162465ns5:HirePurchaseContracts2023-05-012024-04-3004162465ns5:HirePurchaseContracts2022-05-012023-04-3004162465ns5:LandBuildings2023-04-3004162465ns5:ShortLeaseholdAssetsns5:LandBuildings2023-04-3004162465ns5:PlantMachinery2023-04-3004162465ns5:LandBuildings2023-05-012024-04-3004162465ns5:LandBuildings2024-04-3004162465ns5:ShortLeaseholdAssetsns5:LandBuildings2024-04-3004162465ns5:PlantMachinery2024-04-3004162465ns5:LandBuildings2023-04-3004162465ns5:ShortLeaseholdAssetsns5:LandBuildings2023-04-3004162465ns5:PlantMachinery2023-04-3004162465ns5:FurnitureFittings2023-04-3004162465ns5:MotorVehicles2023-04-3004162465ns5:ComputerEquipment2023-04-3004162465ns5:FurnitureFittings2024-04-3004162465ns5:MotorVehicles2024-04-3004162465ns5:ComputerEquipment2024-04-3004162465ns5:FurnitureFittings2023-04-3004162465ns5:MotorVehicles2023-04-3004162465ns5:ComputerEquipment2023-04-3004162465ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-04-3004162465ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-05-012024-04-3004162465ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-04-3004162465ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-04-3004162465ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-04-3004162465ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-3004162465ns5:HirePurchaseContractsns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-04-3004162465ns5:HirePurchaseContractsns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-3004162465ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2024-04-3004162465ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2023-04-3004162465ns5:HirePurchaseContracts2024-04-3004162465ns5:HirePurchaseContracts2023-04-3004162465ns5:WithinOneYear2024-04-3004162465ns5:WithinOneYear2023-04-3004162465ns5:BetweenOneFiveYears2024-04-3004162465ns5:BetweenOneFiveYears2023-04-3004162465ns5:AllPeriods2024-04-3004162465ns5:AllPeriods2023-04-3004162465ns5:AcceleratedTaxDepreciationDeferredTax2024-04-3004162465ns5:AcceleratedTaxDepreciationDeferredTax2023-04-3004162465ns5:DeferredTaxation2023-04-3004162465ns5:DeferredTaxation2023-05-012024-04-3004162465ns5:DeferredTaxation2024-04-3004162465ns5:RetainedEarningsAccumulatedLosses2023-04-3004162465ns10:Director222023-04-3004162465ns10:Director222022-04-3004162465ns10:Director222023-05-012024-04-3004162465ns10:Director222022-05-012023-04-3004162465ns10:Director222024-04-3004162465ns10:Director222023-04-3004162465ns10:Director442023-04-3004162465ns10:Director442022-04-3004162465ns10:Director442023-05-012024-04-3004162465ns10:Director442022-05-012023-04-3004162465ns10:Director442024-04-3004162465ns10:Director442023-04-3004162465ns10:Director332023-04-3004162465ns10:Director332022-04-3004162465ns10:Director332023-05-012024-04-3004162465ns10:Director332022-05-012023-04-3004162465ns10:Director332024-04-3004162465ns10:Director332023-04-30
REGISTERED NUMBER: 04162465 (England and Wales)











STRATEGIC REPORT, REPORT OF THE DIRECTORS AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

DPL GROUP LIMITED

DPL GROUP LIMITED (REGISTERED NUMBER: 04162465)

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










Page

Company Information 1

Strategic Report 2

Report of the Directors 3

Report of the Independent Auditors 5

Statement of Comprehensive Income 8

Balance Sheet 9

Statement of Changes in Equity 10

Notes to the Financial Statements 11


DPL GROUP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: G M Dinsdale
Mrs F M Dinsdale
J Bond
V J Langley





REGISTERED OFFICE: Units 2-4 DPL Group Ltd
2 Greenwich Business Park
Ipswich
Suffolk
IP3 0DD





REGISTERED NUMBER: 04162465 (England and Wales)





AUDITORS: Walter Wright
Chartered Accountants
Statutory Auditor
89 High Street
Hadleigh
Ipswich
Suffolk
IP7 5EA

DPL GROUP LIMITED (REGISTERED NUMBER: 04162465)

STRATEGIC REPORT
FOR THE YEAR ENDED 30 APRIL 2024


The directors present their strategic report for the year ended 30 April 2024.

REVIEW OF BUSINESS
The directors are satisfied with the results for 2024, which are broadly in line with expectations. They consider the end of year financial position satisfactory, with the company well placed to develop and expand its activities in the foreseeable future.

Analysis of development and performance

Please refer to the attached financial statements for more detail.

Key performance indicators:


2024 2023
Current ratio 230.38 % 205.89%
Debtor days 24.0 days 25.9 days
Ratio trade creditors to purchases 29.64 % 40.08 %

PRINCIPAL RISKS AND UNCERTAINTIES
As with many businesses our income can fluctuate as a result of factors outside of our control. To minimise this risk we have a broad spread of customers in many different business sectors. We recognise the importance of our staff and are committed to their training and development. The business also faces the normal risks and uncertainties that apply to similar businesses. The directors regularly review the major risks which impact the business. Existing controls are analysed and further actions required identified.

FUTURE DEVELOPMENTS AND RESEARCH AND DEVELOPMENT
By the nature of its trade the company is not actively involved in research and development. The directors do however closely monitor developments in technology and business practice, with a view to implementing efficiencies and greater levels of customer service. Emphasis is placed on effective use of IT at all levels and the development of the people in the business through whom we will achieve our Vision

Important events occurring since the year end are shown in the notes to the accounts, where applicable.

ON BEHALF OF THE BOARD:





Mrs F M Dinsdale - Director


27 January 2025

DPL GROUP LIMITED (REGISTERED NUMBER: 04162465)

REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 30 APRIL 2024


The directors present their report with the financial statements of the company for the year ended 30 April 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of electrical installers and subcontractors.

DIVIDENDS
The total distribution of dividends for the year ended 30 April 2024 will be £ 509,496 .

DIRECTORS
The directors shown below have held office during the whole of the period from 1 May 2023 to the date of this report.

G M Dinsdale
Mrs F M Dinsdale
J Bond
V J Langley

STATEMENT OF DIRECTORS' RESPONSIBILITIES
The directors are responsible for preparing the Strategic Report, the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

-select suitable accounting policies and then apply them consistently;
-make judgements and accounting estimates that are reasonable and prudent;
-prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS
So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he or she ought to have taken as a director in order to make himself or herself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

DPL GROUP LIMITED (REGISTERED NUMBER: 04162465)

REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 30 APRIL 2024


AUDITORS
The auditors, Walter Wright, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:




Mrs F M Dinsdale - Director


27 January 2025

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
DPL GROUP LIMITED


Opinion
We have audited the financial statements of DPL Group Limited (the 'company') for the year ended 30 April 2024 which comprise the Statement of Comprehensive Income, Balance Sheet, Statement of Changes in Equity and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:
-give a true and fair view of the state of the company's affairs as at 30 April 2024 and of its profit for the year then ended;
-have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information
The directors are responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
- the information given in the Strategic Report and the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
DPL GROUP LIMITED


Matters on which we are required to report by exception
In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
- the financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of directors' remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit.

Responsibilities of directors
As explained more fully in the Statement of Directors' Responsibilities set out on page three, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Our procedures in relation to fraud included but were not limited to:

- enquiries of management whether they have knowledge of any actual, suspected or alleged fraud;
- gaining an understanding of the internal controls established to mitigate risk related to fraud;
- discussion amongst the engagement team regarding risk of fraud such as opportunities for fraudulent manual journal entries to manipulate financial performance, management bias through judgements and assumptions in significant accounting estimates; and
- addressing the risk of fraud through management override of controls by performing journal entry testing.

The primary responsibility for the prevention and detection of irregularities including fraud rests with both those charged with governance and management. As with any audit, there remained a risk of non-detection of irregularities, as these may involve collusion, forgery, intentional omissions, misrepresentations or the override of internal controls.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
DPL GROUP LIMITED


Use of our report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.




Gary Scarff ACA FCCA MAAT (Senior Statutory Auditor)
for and on behalf of Walter Wright
Chartered Accountants
Statutory Auditor
89 High Street
Hadleigh
Ipswich
Suffolk
IP7 5EA

27 January 2025

DPL GROUP LIMITED (REGISTERED NUMBER: 04162465)

STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 30 APRIL 2024

2024 2023
Notes £    £   

TURNOVER 20,580,824 16,571,881

Cost of sales 15,919,359 12,719,653
GROSS PROFIT 4,661,465 3,852,228

Administrative expenses 2,867,359 2,523,716
OPERATING PROFIT 4 1,794,106 1,328,512

Interest receivable and similar income 9,706 4,361
1,803,812 1,332,873

Interest payable and similar expenses 5 12,552 9,541
PROFIT BEFORE TAXATION 1,791,260 1,323,332

Tax on profit 6 423,114 270,082
PROFIT FOR THE FINANCIAL YEAR 1,368,146 1,053,250

OTHER COMPREHENSIVE INCOME - -
TOTAL COMPREHENSIVE INCOME
FOR THE YEAR

1,368,146

1,053,250

DPL GROUP LIMITED (REGISTERED NUMBER: 04162465)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 8 956,366 939,676

CURRENT ASSETS
Stocks 9 91,535 171,461
Debtors 10 5,733,869 5,949,873
Cash at bank and in hand 1,515,758 259,735
7,341,162 6,381,069
CREDITORS
Amounts falling due within one year 11 3,186,502 3,099,208
NET CURRENT ASSETS 4,154,660 3,281,861
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,111,026

4,221,537

CREDITORS
Amounts falling due after more than one
year

12

(123,368

)

(92,018

)

PROVISIONS FOR LIABILITIES 15 (119,923 ) (120,434 )
NET ASSETS 4,867,735 4,009,085

CAPITAL AND RESERVES
Called up share capital 16 10 10
Retained earnings 17 4,867,725 4,009,075
SHAREHOLDERS' FUNDS 4,867,735 4,009,085

The financial statements were approved by the Board of Directors and authorised for issue on 27 January 2025 and were signed on its behalf by:





Mrs F M Dinsdale - Director


DPL GROUP LIMITED (REGISTERED NUMBER: 04162465)

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 APRIL 2024

Called up
share Retained Total
capital earnings equity
£    £    £   
Balance at 1 May 2022 10 3,750,722 3,750,732

Changes in equity
Dividends - (794,897 ) (794,897 )
Total comprehensive income - 1,053,250 1,053,250
Balance at 30 April 2023 10 4,009,075 4,009,085

Changes in equity
Dividends - (509,496 ) (509,496 )
Total comprehensive income - 1,368,146 1,368,146
Balance at 30 April 2024 10 4,867,725 4,867,735

DPL GROUP LIMITED (REGISTERED NUMBER: 04162465)

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


1. STATUTORY INFORMATION

DPL Group 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Financial Reporting Standard 102 - reduced disclosure exemptions
The company has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":

the requirements of Section 7 Statement of Cash Flows.

Turnover
Turnover represents the sales of goods and services, is recognised on dispatch of the goods or provision of the service and excludes value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Short leasehold - Over the life of the lease
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

The directors consider that freehold property is maintained in such a state of repair that the residual value is at least equal to the net book value. As a result, the corresponding depreciation would not be material and therefore is not charged in the profit and loss account. The directors perform annual impairment reviews to ensure that the recoverable amount is not lower than the carrying value.

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 Statement of Comprehensive Income, 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.


DPL GROUP LIMITED (REGISTERED NUMBER: 04162465)

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


2. ACCOUNTING POLICIES - continued
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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Going concern
The company has traded profitably in the year under review and has continued to trade profitably subsequent to the year-end. Forecasts prepared by the directors indicate that the company will continue to trade profitably for a period of at least twelve months from the signing of these financial statements. Underpinning the trading forecasts is the expected continuing availability of working capital facilities.

3. EMPLOYEES AND DIRECTORS
2024 2023
£    £   
Wages and salaries 4,553,810 3,697,168
Other pension costs 79,927 71,422
4,633,737 3,768,590

The average number of employees during the year was as follows:
2024 2023

Direct 55 57
Administration 46 37
101 94

2024 2023
£    £   
Directors' remuneration 171,932 172,379

DPL GROUP LIMITED (REGISTERED NUMBER: 04162465)

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


3. EMPLOYEES AND DIRECTORS - continued

The number of directors to whom retirement benefits were accruing was as follows:

Money purchase schemes 4 4

4. OPERATING PROFIT

The operating profit is stated after charging/(crediting):

2024 2023
£    £   
Hire of plant and machinery 142,904 129,149
Other operating leases 60 -
Depreciation - owned assets 121,914 116,487
Depreciation - assets on hire purchase contracts 63,926 57,501
Loss/(profit) on disposal of fixed assets 25,930 (35,219 )
Auditors' remuneration 6,000 5,150

5. INTEREST PAYABLE AND SIMILAR EXPENSES
2024 2023
£    £   
Bank interest 329 1,351
Other interest paid 2,822 -
Hire purchase 9,401 8,190
12,552 9,541

6. TAXATION

Analysis of the tax charge
The tax charge on the profit for the year was as follows:
2024 2023
£    £   
Current tax:
UK corporation tax 467,298 262,286
Corporation tax re prior year (43,673 ) 7,643
Total current tax 423,625 269,929

Deferred tax (511 ) 153
Tax on profit 423,114 270,082

7. DIVIDENDS
2024 2023
£    £   
Ordinary shares of 10p each
Interim 438,050 612,174
Ordinary B shares of £1 each
Interim 71,446 182,723
509,496 794,897

DPL GROUP LIMITED (REGISTERED NUMBER: 04162465)

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


8. TANGIBLE FIXED ASSETS
Freehold Short Plant and
property leasehold machinery
£    £    £   
COST
At 1 May 2023 244,950 36,293 288,548
Additions 84,020 - -
Disposals - - -
At 30 April 2024 328,970 36,293 288,548
DEPRECIATION
At 1 May 2023 - 8,185 143,755
Charge for year - 2,811 14,873
Eliminated on disposal - - -
At 30 April 2024 - 10,996 158,628
NET BOOK VALUE
At 30 April 2024 328,970 25,297 129,920
At 30 April 2023 244,950 28,108 144,793

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 May 2023 38,745 1,024,678 145,080 1,778,294
Additions 10,820 243,761 16,422 355,023
Disposals - (191,352 ) - (191,352 )
At 30 April 2024 49,565 1,077,087 161,502 1,941,965
DEPRECIATION
At 1 May 2023 38,743 527,288 120,647 838,618
Charge for year 1,790 150,114 16,252 185,840
Eliminated on disposal - (38,859 ) - (38,859 )
At 30 April 2024 40,533 638,543 136,899 985,599
NET BOOK VALUE
At 30 April 2024 9,032 438,544 24,603 956,366
At 30 April 2023 2 497,390 24,433 939,676

DPL GROUP LIMITED (REGISTERED NUMBER: 04162465)

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


8. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 May 2023 325,063
Additions 154,105
Transfer to ownership (36,988 )
At 30 April 2024 442,180
DEPRECIATION
At 1 May 2023 127,266
Charge for year 63,926
Transfer to ownership (27,967 )
At 30 April 2024 163,225
NET BOOK VALUE
At 30 April 2024 278,955
At 30 April 2023 197,797

9. STOCKS
2024 2023
£    £   
Stocks 91,535 171,461

10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 4,399,269 4,640,841
Amounts owed by group undertakings 950,435 993,627
Other debtors 138,594 205,804
Directors' current accounts 29,177 25,177
Corporation tax 9,594 8,244
VAT 82,294 -
Prepayments and accrued income 124,506 76,180
5,733,869 5,949,873

DPL GROUP LIMITED (REGISTERED NUMBER: 04162465)

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


11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts (see note 13) 106,083 84,525
Trade creditors 2,012,038 2,130,016
Corporation tax 343,648 192,674
Social security and other taxes 117,454 106,617
VAT - 133,089
Other creditors 39,680 32,861
Accrued expenses 567,599 419,426
3,186,502 3,099,208

12. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts (see note 13) 123,368 92,018

13. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
£    £   
Net obligations repayable:
Within one year 106,083 84,525
Between one and five years 123,368 92,018
229,451 176,543

Non-cancellable operating leases
2024 2023
£    £   
Within one year 116,324 124,874
Between one and five years 73,198 108,946
189,522 233,820

14. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 229,451 176,543

DPL GROUP LIMITED (REGISTERED NUMBER: 04162465)

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


15. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated capital allowances 119,923 120,434

Deferred
tax
£   
Balance at 1 May 2023 120,434
Credit to Statement of Comprehensive Income during year (511 )
Balance at 30 April 2024 119,923

16. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
80 Ordinary 10p 8 8
20 Ordinary B £1 2 2
10 10

17. RESERVES
Retained
earnings
£   

At 1 May 2023 4,009,075
Profit for the year 1,368,146
Dividends (509,496 )
At 30 April 2024 4,867,725

18. ULTIMATE PARENT COMPANY

The immediate parent undertaking is G&D Holdings Ltd. The smallest group for which consolidated financial statements are prepared is headed by Dinsdale Group Ltd and copies of its financial statements can be obtained from the Registrar of Companies, Companies House, Crown Way, Maindy, Cardiff, CF14 3UZ.

DPL GROUP LIMITED (REGISTERED NUMBER: 04162465)

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


19. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2024 and 30 April 2023:

2024 2023
£    £   
G M Dinsdale and Mrs F M Dinsdale
Balance outstanding at start of year 4,986 3,832
Amounts advanced 4,000 4,154
Amounts repaid - (3,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 8,986 4,986

V J Langley
Balance outstanding at start of year 13,213 13,213
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 13,213 13,213

J Bond
Balance outstanding at start of year 6,978 6,978
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 6,978 6,978