Company Registration No. 08538996 (England and Wales)
S DUNLOP PROCESS ENGINEERING LIMITED
Unaudited accounts
for the year ended 31 May 2024
S DUNLOP PROCESS ENGINEERING LIMITED
Unaudited accounts
Contents
S DUNLOP PROCESS ENGINEERING LIMITED
Company Information
for the year ended 31 May 2024
Directors
Stuart Dunlop
Anna Dunlop
Company Number
08538996 (England and Wales)
Registered Office
LLOYDS BANK CHAMBERS
HIGH STREET
CREDITON
DEVON
EX17 3AH
S DUNLOP PROCESS ENGINEERING LIMITED
Statement of financial position
as at 31 May 2024
Tangible assets
212,191
168,474
Inventories
37,183
124,249
Cash at bank and in hand
267,334
1,104,766
Creditors: amounts falling due within one year
(157,742)
(953,579)
Net current assets
398,307
351,785
Total assets less current liabilities
610,498
521,259
Creditors: amounts falling due after more than one year
(7,488)
(16,000)
Net assets
603,010
505,259
Called up share capital
10
10
Profit and loss account
603,000
505,249
Shareholders' funds
603,010
505,259
For the year ending 31 May 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 24 February 2025 and were signed on its behalf by
Stuart Dunlop
Director
Company Registration No. 08538996
S DUNLOP PROCESS ENGINEERING LIMITED
Notes to the Accounts
for the year ended 31 May 2024
S DUNLOP PROCESS ENGINEERING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08538996. The registered office is LLOYDS BANK CHAMBERS, HIGH STREET, CREDITON, DEVON, EX17 3AH.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
20% reducing balance
Motor vehicles
25% reducing balance
Goodwill was purchased from the directors' partnership.
The goodwill is being amortised over ten years. In the opinion of the directors, this represents a prudent estimate of the period over which the company will derive direct economic benefit.
4
Intangible fixed assets
Goodwill
S DUNLOP PROCESS ENGINEERING LIMITED
Notes to the Accounts
for the year ended 31 May 2024
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2023
190,562
103,991
1,266
295,819
Additions
95,839
-
667
96,506
At 31 May 2024
286,401
103,991
1,933
392,325
At 1 June 2023
100,017
26,891
437
127,345
Charge for the year
37,277
15,420
92
52,789
At 31 May 2024
137,294
42,311
529
180,134
At 31 May 2024
149,107
61,680
1,404
212,191
At 31 May 2023
90,545
77,100
829
168,474
Amounts falling due within one year
Trade debtors
49,932
70,464
Other debtors
180,885
5,885
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
8,000
8,000
Trade creditors
80,214
127,933
Taxes and social security
63,323
251,733
Other creditors
4,473
550,563
Loans from directors
307
13,925
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 12 (2023: 7).