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REGISTERED NUMBER: 11097176 (England and Wales)











GROUP STRATEGIC REPORT,

REPORT OF THE DIRECTORS AND

CONSOLIDATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

DINSDALE GROUP LIMITED

DINSDALE GROUP LIMITED (REGISTERED NUMBER: 11097176)

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










Page

Company Information 1

Group Strategic Report 2

Report of the Directors 3

Report of the Independent Auditors 4

Consolidated Statement of Comprehensive Income 7

Consolidated Balance Sheet 8

Company Balance Sheet 9

Consolidated Statement of Changes in Equity 10

Company Statement of Changes in Equity 11

Consolidated Cash Flow Statement 12

Notes to the Consolidated Cash Flow Statement 13

Notes to the Consolidated Financial Statements 14


DINSDALE GROUP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: G M Dinsdale
Mrs F M Dinsdale





REGISTERED OFFICE: 89 High Street
Hadleigh
Ipswich
Suffolk
IP7 5EA





REGISTERED NUMBER: 11097176 (England and Wales)





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

DINSDALE GROUP LIMITED (REGISTERED NUMBER: 11097176)

GROUP STRATEGIC REPORT
FOR THE YEAR ENDED 30 APRIL 2024


The directors present their strategic report of the company and the group for the year ended 30 April 2024.

REVIEW OF BUSINESS
Please refer to the attached financial statements for more detail.

Key performance indicators


2024 2023

Gross profit percentage 24.00% 24.46%
Net profit percentage 8.61% 8.54%
Current ratio 1.89 1.80
Average trade debtor days 28.36 Days 27.94 Days

Other key performance indicators

We continue to proactively promote environmentally friendly practices and policies within the business.

Staff retention continues to be a priority.

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 services and have customers in many different business sectors. The group also faces the normal risks and uncertainties that apply to similar businesses. The directors regularly review the major risks which impact the business and take appropriate actions, including the establishment of business systems to manage risk.

FUTURE DEVELOPMENTS AND RESEARCH AND DEVELOPMENT
By the nature of its trade the group 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

DINSDALE GROUP LIMITED (REGISTERED NUMBER: 11097176)

REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 30 APRIL 2024


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

DIVIDENDS
Interim dividends totalling £14601.65611 per share were paid during the year. The directors recommend that no final dividend be paid.

The total distribution of dividends for the year ended 30 April 2024 will be £ 438,050 .

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

STATEMENT OF DIRECTORS' RESPONSIBILITIES
The directors are responsible for preparing the Group 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 the group and of the profit or loss of the group 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 and the group's transactions and disclose with reasonable accuracy at any time the financial position of the company and the group 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 the group 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 group'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 group's auditors are aware of that information.

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
DINSDALE GROUP LIMITED


Opinion
We have audited the financial statements of Dinsdale Group Limited (the 'parent company') and its subsidiaries (the 'group') for the year ended 30 April 2024 which comprise the Consolidated Statement of Comprehensive Income, Consolidated Balance Sheet, Company Balance Sheet, Consolidated Statement of Changes in Equity, Company Statement of Changes in Equity, Consolidated Cash Flow Statement and Notes to the Consolidated Cash Flow Statement, 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 group's and of the parent company affairs as at 30 April 2024 and of the group's 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 group 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 group's and the parent 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 Group 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.

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


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 Group 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 Group Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception
In the light of the knowledge and understanding of the group and the parent company and its environment obtained in the course of the audit, we have not identified material misstatements in the Group 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 by the parent company, or returns adequate for our audit have not been received from branches not visited by us; or
- the parent company 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 group's and the parent 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 group or the parent 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
DINSDALE 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

DINSDALE GROUP LIMITED (REGISTERED NUMBER: 11097176)

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 30 APRIL 2024

2024 2023
Notes £    £   

TURNOVER 22,803,369 18,592,515

Cost of sales 17,330,666 14,044,366
GROSS PROFIT 5,472,703 4,548,149

Administrative expenses 3,506,979 2,956,045
OPERATING PROFIT 4 1,965,724 1,592,104

Interest receivable and similar income 9,716 4,361
1,975,440 1,596,465

Interest payable and similar expenses 5 12,628 9,541
PROFIT BEFORE TAXATION 1,962,812 1,586,924

Tax on profit 6 465,303 325,600
PROFIT FOR THE FINANCIAL YEAR 1,497,509 1,261,324

OTHER COMPREHENSIVE INCOME - -
TOTAL COMPREHENSIVE INCOME
FOR THE YEAR

1,497,509

1,261,324

Profit attributable to:
Owners of the parent 1,272,883 1,072,125
Non-controlling interests 224,626 189,199
1,497,509 1,261,324

Total comprehensive income attributable to:
Owners of the parent 1,272,883 1,072,125
Non-controlling interests 224,626 189,199
1,497,509 1,261,324

DINSDALE GROUP LIMITED (REGISTERED NUMBER: 11097176)

CONSOLIDATED BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 9 - -
Tangible assets 10 1,378,886 952,975
Investments 11 - -
1,378,886 952,975

CURRENT ASSETS
Stocks 12 104,871 174,295
Debtors 13 5,263,041 5,318,529
Cash at bank and in hand 1,553,965 501,055
6,921,877 5,993,879
CREDITORS
Amounts falling due within one year 14 3,668,831 3,331,080
NET CURRENT ASSETS 3,253,046 2,662,799
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,631,932

3,615,774

CREDITORS
Amounts falling due after more than one
year

15

(123,368

)

(92,018

)

PROVISIONS FOR LIABILITIES 17 (119,923 ) (123,128 )
NET ASSETS 4,388,641 3,400,628

CAPITAL AND RESERVES
Called up share capital 18 30 30
Other reserves 19 549,000 549,000
Retained earnings 19 3,275,088 2,440,255
SHAREHOLDERS' FUNDS 3,824,118 2,989,285

NON-CONTROLLING INTERESTS 20 564,523 411,343
TOTAL EQUITY 4,388,641 3,400,628

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


DINSDALE GROUP LIMITED (REGISTERED NUMBER: 11097176)

COMPANY BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 9 - -
Tangible assets 10 - -
Investments 11 560,495 560,495
560,495 560,495

CREDITORS
Amounts falling due within one year 14 560,465 560,465
NET CURRENT LIABILITIES (560,465 ) (560,465 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

30

30

CAPITAL AND RESERVES
Called up share capital 18 30 30
SHAREHOLDERS' FUNDS 30 30

Company's profit for the financial year 438,050 612,174

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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


DINSDALE GROUP LIMITED (REGISTERED NUMBER: 11097176)

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

Called up
share Retained Other
capital earnings reserves
£    £    £   
Balance at 1 May 2022 30 1,980,304 549,000

Changes in equity
Dividends - (612,174 ) -
Total comprehensive income - 1,072,125 -
Balance at 30 April 2023 30 2,440,255 549,000

Changes in equity
Dividends - (438,050 ) -
Total comprehensive income - 1,272,883 -
Balance at 30 April 2024 30 3,275,088 549,000
Non-controlling Total
Total interests equity
£    £    £   
Balance at 1 May 2022 2,529,334 404,867 2,934,201

Changes in equity
Dividends (612,174 ) (182,723 ) (794,897 )
Total comprehensive income 1,072,125 189,199 1,261,324
Balance at 30 April 2023 2,989,285 411,343 3,400,628

Changes in equity
Dividends (438,050 ) (71,446 ) (509,496 )
Total comprehensive income 1,272,883 224,626 1,497,509
Balance at 30 April 2024 3,824,118 564,523 4,388,641

DINSDALE GROUP LIMITED (REGISTERED NUMBER: 11097176)

COMPANY 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 30 - 30

Changes in equity
Dividends - (612,174 ) (612,174 )
Total comprehensive income - 612,174 612,174
Balance at 30 April 2023 30 - 30

Changes in equity
Dividends - (438,050 ) (438,050 )
Total comprehensive income - 438,050 438,050
Balance at 30 April 2024 30 - 30

DINSDALE GROUP LIMITED (REGISTERED NUMBER: 11097176)

CONSOLIDATED CASH FLOW STATEMENT
FOR THE YEAR ENDED 30 APRIL 2024

2024 2023
Notes £    £   
Cash flows from operating activities
Cash generated from operations 1 2,334,241 105,080
Interest paid (3,227 ) (1,351 )
Interest element of hire purchase
payments paid

(9,401

)

(8,190

)
Tax paid (326,825 ) (505,865 )
Net cash from operating activities 1,994,788 (410,326 )

Cash flows from investing activities
Purchase of tangible fixed assets (767,569 ) (272,764 )
Sale of tangible fixed assets 126,563 53,500
Interest received 9,716 4,361
Net cash from investing activities (631,290 ) (214,903 )

Cash flows from financing activities
Capital repayments in year 52,908 (59,037 )
Amount introduced by directors 146,000 3,001
Amount withdrawn by directors - (4,155 )
Dividends to non-controlling interests (71,446 ) (182,722 )
Equity dividends paid (438,050 ) (612,174 )
Net cash from financing activities (310,588 ) (855,087 )

Increase/(decrease) in cash and cash equivalents 1,052,910 (1,480,316 )
Cash and cash equivalents at
beginning of year

2

501,055

1,981,371

Cash and cash equivalents at end of
year

2

1,553,965

501,055

DINSDALE GROUP LIMITED (REGISTERED NUMBER: 11097176)

NOTES TO THE CONSOLIDATED CASH FLOW STATEMENT
FOR THE YEAR ENDED 30 APRIL 2024


1. RECONCILIATION OF PROFIT BEFORE TAXATION TO CASH GENERATED FROM
OPERATIONS

2024 2023
£    £   
Profit before taxation 1,962,812 1,586,924
Depreciation charges 189,165 176,736
Loss/(profit) on disposal of fixed assets 25,930 (35,219 )
Finance costs 12,628 9,541
Finance income (9,716 ) (4,361 )
2,180,819 1,733,621
Decrease/(increase) in stocks 69,424 (171,216 )
Decrease/(increase) in trade and other debtors 51,852 (916,206 )
Increase/(decrease) in trade and other creditors 32,146 (541,119 )
Cash generated from operations 2,334,241 105,080

2. CASH AND CASH EQUIVALENTS

The amounts disclosed on the Cash Flow Statement in respect of cash and cash equivalents are in respect of these Balance Sheet amounts:

Year ended 30 April 2024
30.4.24 1.5.23
£    £   
Cash and cash equivalents 1,553,965 501,055
Year ended 30 April 2023
30.4.23 1.5.22
£    £   
Cash and cash equivalents 501,055 1,981,371


3. ANALYSIS OF CHANGES IN NET FUNDS

At 1.5.23 Cash flow At 30.4.24
£    £    £   
Net cash
Cash at bank and in hand 501,055 1,052,910 1,553,965
501,055 1,052,910 1,553,965
Debt
Finance leases (176,543 ) (52,908 ) (229,451 )
(176,543 ) (52,908 ) (229,451 )
Total 324,512 1,000,002 1,324,514

DINSDALE GROUP LIMITED (REGISTERED NUMBER: 11097176)

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


1. STATUTORY INFORMATION

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

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of five 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 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

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 Consolidated 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.


DINSDALE GROUP LIMITED (REGISTERED NUMBER: 11097176)

NOTES TO THE CONSOLIDATED 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 group operates a defined contribution pension scheme. Contributions payable to the group's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The group 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 group 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.

Based on the above, the directors believe that the group is well placed to manage its business risks successfully despite the uncertain economic outlook. The directors have therefore concluded that they have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future, and as a result they conclude that it is appropriate to continue adopting the going concern basis in preparing these financial statements.

3. EMPLOYEES AND DIRECTORS
2024 2023
£    £   
Wages and salaries 5,514,335 4,509,610
Other pension costs 98,433 87,522
5,612,768 4,597,132

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

Direct staff 68 71
Managerial and administration 54 42
122 113

DINSDALE GROUP LIMITED (REGISTERED NUMBER: 11097176)

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


3. EMPLOYEES AND DIRECTORS - continued

2024 2023
£    £   
Directors' remuneration 22,064 23,271

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 145,744 131,556
Other operating leases 4,525 -
Depreciation - owned assets 125,239 116,487
Depreciation - assets on hire purchase contracts 63,926 57,501
Loss/(profit) on disposal of fixed assets 25,930 (35,219 )
Goodwill amortisation - 2,748
Auditors' remuneration 9,750 8,730

5. INTEREST PAYABLE AND SIMILAR EXPENSES
2024 2023
£    £   
Bank interest 405 1,351
Other interest paid 2,822 -
Hire purchase 9,401 8,190
12,628 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 512,181 315,110
Corporation tax re prior year (43,673 ) 7,643
Total current tax 468,508 322,753

Deferred tax (3,205 ) 2,847
Tax on profit 465,303 325,600

DINSDALE GROUP LIMITED (REGISTERED NUMBER: 11097176)

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


6. TAXATION - continued

Reconciliation of total tax charge included in profit and loss
The tax assessed for the year is lower than the standard rate of corporation tax in the UK. The difference is explained below:

2024 2023
£    £   
Profit before tax 1,962,812 1,586,924
Profit multiplied by the standard rate of corporation tax in the UK of
25 % (2023 - 19 %)

490,703

301,516

Effects of:
Expenses not deductible for tax purposes 20,621 1,963
Capital allowances in excess of depreciation (3,205 ) -
Depreciation in excess of capital allowances - 2,848
Adjustments to tax charge in respect of previous periods (43,673 ) 7,643
Tax rate differences 857 11,630

Total tax charge 465,303 325,600

7. INDIVIDUAL STATEMENT OF COMPREHENSIVE INCOME

As permitted by Section 408 of the Companies Act 2006, the Income Statement of the parent company is not presented as part of these financial statements.


8. DIVIDENDS
2024 2023
£    £   
Interim 438,050 612,174

9. INTANGIBLE FIXED ASSETS

Group
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 13,740
AMORTISATION
At 1 May 2023
and 30 April 2024 13,740
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 -

DINSDALE GROUP LIMITED (REGISTERED NUMBER: 11097176)

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


10. TANGIBLE FIXED ASSETS

Group
Freehold Short Plant and
property leasehold machinery
£    £    £   
COST
At 1 May 2023 244,950 36,293 201,005
Additions 492,558 - -
Disposals - - -
At 30 April 2024 737,508 36,293 201,005
DEPRECIATION
At 1 May 2023 - 8,185 56,212
Charge for year - 2,811 14,873
Eliminated on disposal - - -
At 30 April 2024 - 10,996 71,085
NET BOOK VALUE
At 30 April 2024 737,508 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 9,798 871,159 61,937 1,425,142
Additions 14,828 243,761 16,422 767,569
Disposals - (191,352 ) - (191,352 )
At 30 April 2024 24,626 923,568 78,359 2,001,359
DEPRECIATION
At 1 May 2023 9,797 360,469 37,504 472,167
Charge for year 1,790 153,439 16,252 189,165
Eliminated on disposal - (38,859 ) - (38,859 )
At 30 April 2024 11,587 475,049 53,756 622,473
NET BOOK VALUE
At 30 April 2024 13,039 448,519 24,603 1,378,886
At 30 April 2023 1 510,690 24,433 952,975

DINSDALE GROUP LIMITED (REGISTERED NUMBER: 11097176)

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


10. TANGIBLE FIXED ASSETS - continued

Group

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 May 2023 315,683
Additions 154,105
Transfer to ownership (36,988 )
At 30 April 2024 432,800
DEPRECIATION
At 1 May 2023 117,886
Charge for year 63,926
Transfer to ownership (27,967 )
At 30 April 2024 153,845
NET BOOK VALUE
At 30 April 2024 278,955
At 30 April 2023 197,797

11. FIXED ASSET INVESTMENTS

Company
Shares in
group
undertakings
£   
COST
At 1 May 2023
and 30 April 2024 560,495
NET BOOK VALUE
At 30 April 2024 560,495
At 30 April 2023 560,495

The group or the company's investments at the Balance Sheet date in the share capital of companies include the following:

Subsidiaries

DPL Group Ltd
Registered office: United Kingdom
Nature of business: Electrical engineers
%
Class of shares: holding
Ordinary 85.00

DINSDALE GROUP LIMITED (REGISTERED NUMBER: 11097176)

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


11. FIXED ASSET INVESTMENTS - continued

Protect and Detect Systems Ltd
Registered office: United Kingdom
Nature of business: Fire, security and sprinkler installations
%
Class of shares: holding
Ordinary 85.00


12. STOCKS

Group
2024 2023
£    £   
Stocks 104,871 174,295

13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Group
2024 2023
£    £   
Trade debtors 4,843,206 4,996,514
Other debtors 161,062 228,505
Directors' current accounts - 4,986
Corporation tax 9,594 8,244
VAT 118,819 -
Prepayments and accrued income 130,360 80,280
5,263,041 5,318,529

14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Group Company
2024 2023 2024 2023
£    £    £    £   
Hire purchase contracts (see note 16) 106,083 84,525 - -
Trade creditors 2,179,465 2,177,354 - -
Amounts owed to group undertakings - - 560,465 560,465
Corporation tax 388,531 245,498 - -
Social security and other taxes 139,537 122,698 - -
VAT - 179,074 - -
Other creditors 59,051 39,858 - -
Directors' current accounts 141,014 - - -
Accrued expenses 655,150 482,073 - -
3,668,831 3,331,080 560,465 560,465

DINSDALE GROUP LIMITED (REGISTERED NUMBER: 11097176)

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


15. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

Group
2024 2023
£    £   
Hire purchase contracts (see note 16) 123,368 92,018

16. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Group
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

Group
Non-cancellable operating leases
2024 2023
£    £   
Within one year - 124,874
Between one and five years - 108,946
- 233,820

17. PROVISIONS FOR LIABILITIES

Group
2024 2023
£    £   
Deferred tax
Accelerated capital allowances 119,923 123,128

Group
Deferred
tax
£   
Balance at 1 May 2023 123,128
Credit to Statement of Comprehensive Income during year (3,205 )
Balance at 30 April 2024 119,923

DINSDALE GROUP LIMITED (REGISTERED NUMBER: 11097176)

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


18. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
30 Ordinary £1 30 30

19. RESERVES

Group
Retained Other
earnings reserves Totals
£    £    £   

At 1 May 2023 2,440,255 549,000 2,989,255
Profit for the year 1,272,883 1,272,883
Dividends (438,050 ) (438,050 )
At 30 April 2024 3,275,088 549,000 3,824,088


20. NON-CONTROLLING INTERESTS

2024 2023
£ £
Brought forward 411,343 404,867
Profits 224,626 189,199
Dividends paid (71,446 ) (182,723 )
Carried forward 564,523 411,343