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REGISTERED NUMBER: 07159038 (England and Wales)
























Financial Statements

for the Year Ended 31 March 2024

for

D & M Mechanical Engineers Limited

D & M Mechanical Engineers Limited (Registered number: 07159038)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


D & M Mechanical Engineers Limited

Company Information
for the Year Ended 31 March 2024







Director: M A J Fordham





Registered office: 9 Court Road
Bridgend
South Wales
CF31 1BE





Registered number: 07159038 (England and Wales)





Accountants: Roger Thomas Limited
9 Court Road
Bridgend
South Wales
CF31 1BE

D & M Mechanical Engineers Limited (Registered number: 07159038)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
Fixed assets
Tangible assets 4 60,541 30,205

Current assets
Stocks 131,480 71,230
Debtors 5 318,898 226,254
Cash at bank and in hand 337,161 493,052
787,539 790,536
Creditors
Amounts falling due within one year 6 15,270 19,937
Net current assets 772,269 770,599
Total assets less current liabilities 832,810 800,804

Capital and reserves
Called up share capital 100 100
Retained earnings 832,710 800,704
Shareholders' funds 832,810 800,804

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 February 2025 and were signed by:





M A J Fordham - Director


D & M Mechanical Engineers Limited (Registered number: 07159038)

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

1. Statutory information

D & M Mechanical Engineers 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.
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

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 year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

D & M Mechanical Engineers Limited (Registered number: 07159038)

Notes to the Financial Statements - continued
for the Year Ended 31 March 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 year was 5 (2023 - 5 ) .

4. Tangible fixed assets
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
Cost
At 1 April 2023 400 2,165 60,636 1,743 64,944
Additions 19,400 - 21,240 - 40,640
Disposals - - (8,124 ) - (8,124 )
At 31 March 2024 19,800 2,165 73,752 1,743 97,460
Depreciation
At 1 April 2023 400 1,488 31,108 1,743 34,739
Charge for year - 542 9,762 - 10,304
Eliminated on disposal - - (8,124 ) - (8,124 )
At 31 March 2024 400 2,030 32,746 1,743 36,919
Net book value
At 31 March 2024 19,400 135 41,006 - 60,541
At 31 March 2023 - 677 29,528 - 30,205

5. Debtors: amounts falling due within one year
31.3.24 31.3.23
£    £   
Trade debtors 70,224 15,596
Other debtors 248,674 210,658
318,898 226,254

6. Creditors: amounts falling due within one year
31.3.24 31.3.23
£    £   
Trade creditors 9,096 13,777
Taxation and social security 3,623 5,490
Other creditors 2,551 670
15,270 19,937