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REGISTERED NUMBER: 00610341 (England and Wales)















FINANCIAL STATEMENTS

FOR THE PERIOD 1 JANUARY 2024 TO 1 OCTOBER 2024

FOR

DALE & COMPANY (ANCOATS) LIMITED

DALE & COMPANY (ANCOATS) LIMITED (REGISTERED NUMBER: 00610341)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JANUARY 2024 TO 1 OCTOBER 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


DALE & COMPANY (ANCOATS) LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 JANUARY 2024 TO 1 OCTOBER 2024







DIRECTORS: J. P. Cheetham
Miss E. V. Cheetham
J. P. Cheetham
Miss E. V. Cheetham





REGISTERED OFFICE: 2 Kelbrook Road
Off Stainburn Road
Parkhouse Street
MANCHESTER
Lancashire
M11 2QA





REGISTERED NUMBER: 00610341 (England and Wales)





ACCOUNTANTS: Wyatt Morris Golland Ltd
Park House
200 Drake Street
Rochdale
Lancashire
OL16 1PJ

DALE & COMPANY (ANCOATS) LIMITED (REGISTERED NUMBER: 00610341)

ABRIDGED BALANCE SHEET
1 OCTOBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 1,477,181

CURRENT ASSETS
Stocks - 160,046
Debtors 32,150 278,840
Cash at bank and in hand - 262
32,150 439,148
CREDITORS
Amounts falling due within one year - 419,385
NET CURRENT ASSETS 32,150 19,763
TOTAL ASSETS LESS CURRENT
LIABILITIES

32,150

1,496,944

CREDITORS
Amounts falling due after more than one year - (24,259 )

PROVISIONS FOR LIABILITIES 7 - (201,493 )
NET ASSETS 32,150 1,271,192

CAPITAL AND RESERVES
Called up share capital 8 21,350 21,350
Share premium 9 10,800 10,800
Revaluation reserve 9 - 490,650
Retained earnings 9 - 748,392
SHAREHOLDERS' FUNDS 32,150 1,271,192

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 1 October 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 1 October 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.

DALE & COMPANY (ANCOATS) LIMITED (REGISTERED NUMBER: 00610341)

ABRIDGED BALANCE SHEET - continued
1 OCTOBER 2024


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the period ended 1 October 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 20 February 2025 and were signed on its behalf by:





J. P. Cheetham - Director


DALE & COMPANY (ANCOATS) LIMITED (REGISTERED NUMBER: 00610341)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JANUARY 2024 TO 1 OCTOBER 2024

1. STATUTORY INFORMATION

Dale & Company (Ancoats) 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Property improvements - 5% on cost
Computer equipment - 33 1/3% and 20% on cost
Plant and machinery - 20% on cost and 2.5% on cost
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Hire equipment - 15% on reducing balance

Freehold buildings are not depreciated as the directors consider that it is unnecessary as it is the company practice to maintain the assets in a continual state of sound repair and accordingly the lives are so long and the residual values so high that their depreciation is insignificant.

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the period 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 period 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.

DALE & COMPANY (ANCOATS) LIMITED (REGISTERED NUMBER: 00610341)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JANUARY 2024 TO 1 OCTOBER 2024

2. ACCOUNTING POLICIES - continued

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 period was 19 (2023 - 19 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2024 2,053,157
Additions 1,878
Disposals (2,055,035 )
At 1 October 2024 -
DEPRECIATION
At 1 January 2024 575,976
Charge for period 16,352
Eliminated on disposal (592,328 )
At 1 October 2024 -
NET BOOK VALUE
At 1 October 2024 -
At 31 December 2023 1,477,181

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1 January 2024 14,550
Disposals (14,550 )
At 1 October 2024 -
DEPRECIATION
At 1 January 2024 8,412
Charge for period 1,151
Eliminated on disposal (9,563 )
At 1 October 2024 -
NET BOOK VALUE
At 1 October 2024 -
At 31 December 2023 6,138

DALE & COMPANY (ANCOATS) LIMITED (REGISTERED NUMBER: 00610341)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JANUARY 2024 TO 1 OCTOBER 2024

5. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans - 18,500

Amounts falling due between one and two years:
Bank loans - 1-2 years - 24,000

6. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank overdraft - 33,979
Bank loans - 42,500
Hire purchase contracts - 3,371
- 79,850

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax - 201,493

Deferred
tax
£   
Balance at 1 January 2024 201,493
Transfer to group undertaking (201,493 )
Balance at 1 October 2024 -

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
21,350 Ordinary shares £1 21,350 21,350

9. RESERVES
Retained Share Revaluation
earnings premium reserve Totals
£    £    £    £   

At 1 January 2024 748,392 10,800 490,650 1,249,842
Deficit for the period (5,655 ) (5,655 )
Dividends (1,233,387 ) (1,233,387 )
Revaluation recognised 490,650 - (490,650 ) -
At 1 October 2024 - 10,800 - 10,800

DALE & COMPANY (ANCOATS) LIMITED (REGISTERED NUMBER: 00610341)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JANUARY 2024 TO 1 OCTOBER 2024

10. RELATED PARTY DISCLOSURES

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.

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Europa Engineering Holdings Limited whose registered office is 328 Coleford Road, Sheffield, S9 5PH. Company accounts and consolidated group accounts are held at that address.