IRIS Accounts Production v24.3.2.46 13383209 Board of Directors Board of Directors 1.6.23 31.5.24 31.5.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh133832092023-05-31133832092024-05-31133832092023-06-012024-05-31133832092022-05-31133832092022-06-012023-05-31133832092023-05-3113383209ns15:EnglandWales2023-06-012024-05-3113383209ns14:PoundSterling2023-06-012024-05-3113383209ns10:Director12023-06-012024-05-3113383209ns10:Director22023-06-012024-05-3113383209ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3113383209ns10:SmallEntities2023-06-012024-05-3113383209ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3113383209ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3113383209ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3113383209ns10:FullAccounts2023-06-012024-05-3113383209ns10:OrdinaryShareClass12023-06-012024-05-3113383209ns10:RegisteredOffice2023-06-012024-05-3113383209ns5:CurrentFinancialInstruments2024-05-3113383209ns5:CurrentFinancialInstruments2023-05-3113383209ns5:Non-currentFinancialInstruments2024-05-3113383209ns5:Non-currentFinancialInstruments2023-05-3113383209ns5:ShareCapital2024-05-3113383209ns5:ShareCapital2023-05-3113383209ns5:RetainedEarningsAccumulatedLosses2024-05-3113383209ns5:RetainedEarningsAccumulatedLosses2023-05-3113383209ns5:PlantMachinery2023-06-012024-05-3113383209ns5:MotorVehicles2023-06-012024-05-3113383209ns5:ComputerEquipment2023-06-012024-05-3113383209ns5:PlantMachinery2023-05-3113383209ns5:MotorVehicles2023-05-3113383209ns5:ComputerEquipment2023-05-3113383209ns5:PlantMachinery2024-05-3113383209ns5:MotorVehicles2024-05-3113383209ns5:ComputerEquipment2024-05-3113383209ns5:PlantMachinery2023-05-3113383209ns5:MotorVehicles2023-05-3113383209ns5:ComputerEquipment2023-05-3113383209ns5:WithinOneYearns5:CurrentFinancialInstruments2024-05-3113383209ns5:WithinOneYearns5:CurrentFinancialInstruments2023-05-3113383209ns5:WithinOneYearns5:HirePurchaseContracts2024-05-3113383209ns5:WithinOneYearns5:HirePurchaseContracts2023-05-3113383209ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2024-05-3113383209ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2023-05-3113383209ns5:HirePurchaseContracts2024-05-3113383209ns5:HirePurchaseContracts2023-05-3113383209ns5:WithinOneYearns5:CurrentFinancialInstrumentsns5:HirePurchaseContracts2024-05-3113383209ns5:WithinOneYearns5:CurrentFinancialInstrumentsns5:HirePurchaseContracts2023-05-3113383209ns5:WithinOneYear2024-05-3113383209ns5:WithinOneYear2023-05-3113383209ns5:BetweenOneFiveYears2024-05-3113383209ns5:BetweenOneFiveYears2023-05-3113383209ns5:AllPeriods2024-05-3113383209ns5:AllPeriods2023-05-3113383209ns5:DeferredTaxation2023-05-3113383209ns5:DeferredTaxation2023-06-012024-05-3113383209ns5:DeferredTaxation2024-05-3113383209ns10:OrdinaryShareClass12024-05-31
REGISTERED NUMBER: 13383209 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

5DT Solutions Limited

5DT Solutions Limited (Registered number: 13383209)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


5DT Solutions Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: W Russell
J W Smith





REGISTERED OFFICE: Unit M, Atlas Trading Estate
Bilston
Wolverhampton
West Midlands
WV14 8TJ





REGISTERED NUMBER: 13383209 (England and Wales)





ACCOUNTANTS: Pride Accountants
Polymer Court
Hope Street
Dudley
West Midlands
DY2 8RS

5DT Solutions Limited (Registered number: 13383209)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 158,360 162,508

CURRENT ASSETS
Debtors 5 94,059 89,598
Cash at bank 229,864 128,698
323,923 218,296
CREDITORS
Amounts falling due within one year 6 216,647 94,617
NET CURRENT ASSETS 107,276 123,679
TOTAL ASSETS LESS CURRENT
LIABILITIES

265,636

286,187

CREDITORS
Amounts falling due after more than one
year

7

(60,000

)

(116,931

)

PROVISIONS FOR LIABILITIES 9 (39,590 ) (30,877 )
NET ASSETS 166,046 138,379

CAPITAL AND RESERVES
Called up share capital 10 60 60
Retained earnings 165,986 138,319
SHAREHOLDERS' FUNDS 166,046 138,379

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

5DT Solutions Limited (Registered number: 13383209)

Balance Sheet - continued
31 May 2024


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

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 December 2024 and were signed on its behalf by:




W Russell - Director



J W Smith - Director


5DT Solutions Limited (Registered number: 13383209)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

5DT Solutions 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" 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.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Office equipment - 33% on reducing balance

Taxation
Taxation for the year 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 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.

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.

5DT Solutions Limited (Registered number: 13383209)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Office
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 June 2023 216,122 - 938 217,060
Additions 34,993 13,695 - 48,688
At 31 May 2024 251,115 13,695 938 265,748
DEPRECIATION
At 1 June 2023 54,031 - 521 54,552
Charge for year 49,273 3,424 139 52,836
At 31 May 2024 103,304 3,424 660 107,388
NET BOOK VALUE
At 31 May 2024 147,811 10,271 278 158,360
At 31 May 2023 162,091 - 417 162,508

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 86,054 81,974
Other debtors 8,005 7,624
94,059 89,598

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Hire purchase contracts (see note 8) 20,000 31,340
Trade creditors 2,789 8,512
Taxation and social security 67,453 4,196
Other creditors 126,405 50,569
216,647 94,617

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£    £   
Hire purchase contracts (see note 8) 60,000 116,931

5DT Solutions Limited (Registered number: 13383209)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
31.5.24 31.5.23
£    £   
Gross obligations repayable:
Within one year 27,672 43,380
Between one and five years 83,016 161,815
110,688 205,195

Finance charges repayable:
Within one year 7,672 12,040
Between one and five years 23,016 44,884
30,688 56,924

Net obligations repayable:
Within one year 20,000 31,340
Between one and five years 60,000 116,931
80,000 148,271

Non-cancellable operating leases
31.5.24 31.5.23
£    £   
Within one year 21,000 21,000
Between one and five years 3,500 24,500
24,500 45,500

9. PROVISIONS FOR LIABILITIES
31.5.24 31.5.23
£    £   
Deferred tax 39,590 30,877

Deferred
tax
£   
Balance at 1 June 2023 30,877
Provided during year 8,713
Balance at 31 May 2024 39,590

5DT Solutions Limited (Registered number: 13383209)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
60 Ordinary £1 60 60

11. RELATED PARTY DISCLOSURES

Creditors at 31 May 2024 include £80,000 due to 5DT (Holdings) Limited, (2023 - £nil).

5DT Solutions Limited and 5DT (Holdings) Limited share common directors and shareholders.

12. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.