1 August 2023 false No description of principal activity Taxfiler 2024.6.1 08132177business:PrivateLimitedCompanyLtd2023-08-012024-07-31 081321772023-07-31 081321772023-08-012024-07-31 08132177business:AuditExempt-NoAccountantsReport2023-08-012024-07-31 08132177business:FilletedAccounts2023-08-012024-07-31 081321772024-07-31 08132177business:Director12023-08-012024-07-31 08132177business:Director22023-08-012024-07-31 08132177business:Director32023-08-012024-07-31 08132177business:RegisteredOffice2023-08-012024-07-31 081321772023-07-31 08132177core:WithinOneYear2024-07-31 08132177core:WithinOneYear2023-07-31 08132177core:ShareCapitalcore:PreviouslyStatedAmount2024-07-31 08132177core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 08132177core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-07-31 08132177core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 08132177core:PreviouslyStatedAmount2024-07-31 08132177core:PreviouslyStatedAmount2023-07-31 08132177business:SmallEntities2023-08-012024-07-31 08132177countries:EnglandWales2023-08-012024-07-31 08132177core:PlantMachinery2023-08-012024-07-31 08132177core:MotorVehicles2023-08-012024-07-31 08132177core:FurnitureFittings2023-08-012024-07-31 08132177core:PlantMachinery2023-07-31 08132177core:MotorVehicles2023-07-31 08132177core:FurnitureFittings2023-07-31 08132177core:PlantMachinery2024-07-31 08132177core:MotorVehicles2024-07-31 08132177core:FurnitureFittings2024-07-31 081321772022-08-012023-07-31 iso4217:GBP xbrli:pure
Company Registration No. 08132177 (England and Wales)
Ilkeston Ply & DIY Ltd Unaudited accounts for the year ended 31 July 2024
Ilkeston Ply & DIY Ltd Unaudited accounts Contents
Page
- 2 -
Ilkeston Ply & DIY Ltd Company Information for the year ended 31 July 2024
Directors
Kenneth Simon Andrew McFarlane Zak Marshall Daniel Jacob Aldred
Company Number
08132177 (England and Wales)
Registered Office
39 Longfield Lane Ilkeston Derbyshire DE7 4DX
- 3 -
Ilkeston Ply & DIY Ltd Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
74,214 
42,250 
Current assets
Inventories
457,224 
416,704 
Debtors
204,726 
93,136 
Cash at bank and in hand
231,562 
192,622 
893,512 
702,462 
Creditors: amounts falling due within one year
(273,776)
(177,120)
Net current assets
619,736 
525,342 
Total assets less current liabilities
693,950 
567,592 
Provisions for liabilities
Deferred tax
(14,100)
(1,711)
Net assets
679,850 
565,881 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
679,848 
565,879 
Shareholders' funds
679,850 
565,881 
For the year ending 31 July 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 directors acknowledge their 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 of Directors and authorised for issue on 6 December 2024 and were signed on its behalf by
Kenneth Simon Andrew McFarlane Director Company Registration No. 08132177
- 4 -
Ilkeston Ply & DIY Ltd Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Ilkeston Ply & DIY Ltd is a private company, limited by shares, registered in England and Wales, registration number 08132177. The registered office is 39 Longfield Lane, Ilkeston, Derbyshire, DE7 4DX.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
25% RB
Motor vehicles
25% RB
Fixtures & fittings
25% RB
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 August 2023
21,057 
108,451 
15,536 
145,044 
Additions
1,148 
33,995 
11,909 
47,052 
Disposals
- 
(13,600)
- 
(13,600)
At 31 July 2024
22,205 
128,846 
27,445 
178,496 
Depreciation
At 1 August 2023
14,789 
75,209 
12,796 
102,794 
Charge for the year
1,854 
7,857 
3,562 
13,273 
On disposals
- 
(11,785)
- 
(11,785)
At 31 July 2024
16,643 
71,281 
16,358 
104,282 
Net book value
At 31 July 2024
5,562 
57,565 
11,087 
74,214 
At 31 July 2023
6,268 
33,242 
2,740 
42,250 
- 5 -
Ilkeston Ply & DIY Ltd Notes to the Accounts for the year ended 31 July 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
125,020 
81,994 
Accrued income and prepayments
8,657 
6,114 
Other debtors
71,049 
5,028 
204,726 
93,136 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
7,501 
2,054 
VAT
57,987 
51,067 
Trade creditors
165,209 
84,672 
Taxes and social security
41,044 
38,175 
Other creditors
856 
- 
Accruals
1,179 
1,152 
273,776 
177,120 
7
Average number of employees
During the year the average number of employees was 13 (2023: 13).
- 6 -