Registered number
09696531
DHD Structures Ltd
Filleted Accounts
31 July 2024
DHD Structures Ltd
Registered number: 09696531
Balance Sheet
as at 31 July 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 36,570 1,799
Current assets
Debtors 4 7,399 35,943
Cash at bank and in hand 51,750 40,342
59,149 76,285
Creditors: amounts falling due within one year 5 (28,702) (34,176)
Net current assets 30,447 42,109
Net assets 67,017 43,908
Capital and reserves
Called up share capital 1 1
Profit and loss account 67,016 43,907
Shareholders' funds 67,017 43,908
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr Duncan Hill
Director
Approved by the board on 13 February 2025
DHD Structures Ltd
Notes to the Accounts
for the year ended 31 July 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life, as follows:
Motor vehicles 25% reducing balance
Plant and machinery 20% straight line
Computer equipment 33.33% straight line
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Computer equipment Plant and machinery etc Motor vehicles Total
£ £ £ £
Cost
At 1 August 2023 - 11,471 - 11,471
Additions 270 - 46,887 47,157
At 31 July 2024 270 11,471 46,887 58,628
Depreciation
At 1 August 2023 - 9,672 - 9,672
Charge for the year 90 574 11,722 12,386
At 31 July 2024 90 10,246 11,722 22,058
Net book value
At 31 July 2024 180 1,225 35,165 36,570
At 31 July 2023 - 1,799 - 1,799
4 Debtors 2024 2023
£ £
Trade debtors 3,846 33,224
Other debtors 3,553 2,719
7,399 35,943
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 180 180
Director's loan account 418 43
Taxation and social security costs 27,712 33,615
Other creditors 392 338
28,702 34,176
6 Other information
DHD Structures Ltd is a private company limited by shares and incorporated in England. Its registered office is:
The Hive
Beaufighter Road
Weston-Super-Mare
North Somerset
BS24 8EE
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