Caseware UK (AP4) 2024.0.164 2024.0.164 2024-05-312024-05-31falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false2023-06-01falseNo description of principal activity33 06813779 2023-06-01 2024-05-31 06813779 2022-06-01 2023-05-31 06813779 2024-05-31 06813779 2023-05-31 06813779 2022-06-01 06813779 c:Director1 2023-06-01 2024-05-31 06813779 d:PlantMachinery 2023-06-01 2024-05-31 06813779 d:PlantMachinery 2024-05-31 06813779 d:PlantMachinery 2023-05-31 06813779 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 06813779 d:OfficeEquipment 2023-06-01 2024-05-31 06813779 d:OfficeEquipment 2024-05-31 06813779 d:OfficeEquipment 2023-05-31 06813779 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 06813779 d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 06813779 d:CurrentFinancialInstruments 2024-05-31 06813779 d:CurrentFinancialInstruments 2023-05-31 06813779 d:Non-currentFinancialInstruments 2024-05-31 06813779 d:Non-currentFinancialInstruments 2023-05-31 06813779 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 06813779 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 06813779 d:Non-currentFinancialInstruments d:AfterOneYear 2024-05-31 06813779 d:Non-currentFinancialInstruments d:AfterOneYear 2023-05-31 06813779 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-05-31 06813779 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-05-31 06813779 d:ShareCapital 2023-06-01 2024-05-31 06813779 d:ShareCapital 2024-05-31 06813779 d:ShareCapital 2022-06-01 2023-05-31 06813779 d:ShareCapital 2023-05-31 06813779 d:ShareCapital 2022-06-01 06813779 d:RetainedEarningsAccumulatedLosses 2023-06-01 2024-05-31 06813779 d:RetainedEarningsAccumulatedLosses 2024-05-31 06813779 d:RetainedEarningsAccumulatedLosses 2022-06-01 2023-05-31 06813779 d:RetainedEarningsAccumulatedLosses 2023-05-31 06813779 d:RetainedEarningsAccumulatedLosses 2022-06-01 06813779 d:AcceleratedTaxDepreciationDeferredTax 2024-05-31 06813779 d:AcceleratedTaxDepreciationDeferredTax 2023-05-31 06813779 c:FRS102 2023-06-01 2024-05-31 06813779 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 06813779 c:FullAccounts 2023-06-01 2024-05-31 06813779 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 06813779 d:HirePurchaseContracts d:WithinOneYear 2024-05-31 06813779 d:HirePurchaseContracts d:WithinOneYear 2023-05-31 06813779 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-05-31 06813779 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-05-31 06813779 2 2023-06-01 2024-05-31 06813779 e:PoundSterling 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure

Registered number: 06813779









DNI DATA & ELECTRICAL INSTALLATIONS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2024

 
DNI DATA & ELECTRICAL INSTALLATIONS LIMITED
REGISTERED NUMBER: 06813779

BALANCE SHEET
AS AT 31 MAY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
13,769
18,360

  
13,769
18,360

Current assets
  

Debtors: amounts falling due within one year
 5 
110,121
44,068

Cash at bank and in hand
 6 
16,677
27,757

  
126,798
71,825

Creditors: amounts falling due within one year
 7 
(113,528)
(48,733)

Net current assets
  
 
 
13,270
 
 
23,092

Total assets less current liabilities
  
27,039
41,452

Creditors: amounts falling due after more than one year
 8 
(7,943)
(14,831)

Provisions for liabilities
  

Deferred tax
 11 
(2,616)
(3,488)

  
 
 
(2,616)
 
 
(3,488)

Net assets
  
16,480
23,133


Capital and reserves
  

Called up share capital 
  
4
4

Profit and loss account
  
16,476
23,129

  
16,480
23,133


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.
Page 1

 
DNI DATA & ELECTRICAL INSTALLATIONS LIMITED
REGISTERED NUMBER: 06813779
    
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2024


Page 2

 
DNI DATA & ELECTRICAL INSTALLATIONS LIMITED
REGISTERED NUMBER: 06813779
    
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2024

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
S J Wright
Director
Date: 17 February 2025

The notes on pages 6 to 13 form part of these financial statements.

Page 3

 
DNI DATA & ELECTRICAL INSTALLATIONS LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MAY 2024


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 June 2023
4
23,129
23,133


Comprehensive income for the year

Profit for the year

-
104,697
104,697


Other comprehensive income for the year
-
-
-


Total comprehensive income for the year
-
104,697
104,697


Contributions by and distributions to owners

Dividends: Equity capital
-
(111,350)
(111,350)


Total transactions with owners
-
(111,350)
(111,350)


At 31 May 2024
4
16,476
16,480


The notes on pages 6 to 13 form part of these financial statements.

Page 4

 
DNI DATA & ELECTRICAL INSTALLATIONS LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MAY 2023


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 June 2022
4
13,203
13,207


Comprehensive income for the year

Profit for the year

-
76,926
76,926


Other comprehensive income for the year
-
-
-


Total comprehensive income for the year
-
76,926
76,926


Contributions by and distributions to owners

Dividends: Equity capital
-
(67,000)
(67,000)


Total transactions with owners
-
(67,000)
(67,000)


At 31 May 2023
4
23,129
23,133


The notes on pages 6 to 13 form part of these financial statements.

Page 5

 
DNI DATA & ELECTRICAL INSTALLATIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


General information

DNI Data & Electrical Installations Limited is a company limited by shares incorporated in England and Wales within the United Kingdom. The address of the registered office is C/O Hillier Hopkins LLP, 249 Silbury Boulevard, Milton Keynes, Bucks, MK9 1NA.
The Company's principal activity is that of electrical installations.
The financial statements are presented in sterling which is the functional currency of the Company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

Page 6

 
DNI DATA & ELECTRICAL INSTALLATIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 7

 
DNI DATA & ELECTRICAL INSTALLATIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)

 
2.6

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.7

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


 
2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 8

 
DNI DATA & ELECTRICAL INSTALLATIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)


2.8
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
25%
Office equipment
-
25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.10

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.11

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.12

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.13

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 9

 
DNI DATA & ELECTRICAL INSTALLATIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

3.


Employees

2024
2023
£
£

Wages and salaries
61,290
71,201

Social security costs
-
1,559

Cost of defined contribution scheme
9,923
10,198

71,213
82,958


The average monthly number of employees, including the director, during the year was as follows:


        2024
        2023
            No.
            No.







.
3
3


4.


Tangible fixed assets





Plant and machinery
Office equipment
Total

£
£
£



Cost or valuation


At 1 June 2023
47,081
15,857
62,938



At 31 May 2024

47,081
15,857
62,938



Depreciation


At 1 June 2023
31,731
12,847
44,578


Charge for the year on owned assets
3,838
753
4,591



At 31 May 2024

35,569
13,600
49,169



Net book value



At 31 May 2024
11,512
2,257
13,769



At 31 May 2023
15,350
3,010
18,360

Page 10

 
DNI DATA & ELECTRICAL INSTALLATIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

5.


Debtors

2024
2023
£
£


Trade debtors
107,524
44,068

Other debtors
2,597
-

110,121
44,068



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
16,677
27,757

16,677
27,757



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
4,000
4,000

Trade creditors
17,985
11,824

Corporation tax
55,330
20,481

Other taxation and social security
26,799
7,263

Obligations under finance lease and hire purchase contracts
2,888
2,888

Other creditors
5,268
877

Accruals and deferred income
1,258
1,400

113,528
48,733



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
4,333
8,333

Net obligations under finance leases and hire purchase contracts
3,610
6,498

7,943
14,831


Page 11

 
DNI DATA & ELECTRICAL INSTALLATIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

9.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
4,000
4,000


Amounts falling due 2-5 years

Bank loans
4,333
8,333


8,333
12,333



10.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2024
2023
£
£


Within one year
2,888
2,888

Between 1-5 years
3,610
6,498

6,498
9,386


11.


Deferred taxation




2024


£






At beginning of year
(3,488)


Charged to profit or loss
872



At end of year
(2,616)

Page 12

 
DNI DATA & ELECTRICAL INSTALLATIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
 
11.Deferred taxation (continued)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(2,616)
(3,488)

(2,616)
(3,488)

 
Page 13