Company Registration No. 13281975 (England and Wales)
DG INSTALLATION& TESTING LIMITED
Unaudited accounts
for the year ended 31 March 2024
DG INSTALLATION& TESTING LIMITED
Unaudited accounts
Contents
DG INSTALLATION& TESTING LIMITED
Company Information
for the year ended 31 March 2024
Company Number
13281975 (England and Wales)
Registered Office
12 BARRINGTON DRIVE
WASHINGTON
NE38 7RD
UNITED KINGDOM
Accountants
Bergen Associates (Chartered Certified Accountants)
c/o Andrew W Hunt & Co
13 Lowthian Terrace
Washington
Tyne and Wear
NE38 7BA
DG INSTALLATION& TESTING LIMITED
Statement of financial position
as at 31 March 2024
Tangible assets
9,343
9,343
Cash at bank and in hand
10,853
10,853
Creditors: amounts falling due within one year
(4,216)
(4,216)
Net current assets
6,637
6,637
Total assets less current liabilities
15,980
15,980
Creditors: amounts falling due after more than one year
(18,054)
(18,054)
Net liabilities
(2,074)
(2,074)
Called up share capital
1
1
Profit and loss account
(2,075)
(2,075)
Shareholders' funds
(2,074)
(2,074)
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and authorised for issue on 4 March 2025 and were signed on its behalf by
GREEN, Darren
Director
Company Registration No. 13281975
DG INSTALLATION& TESTING LIMITED
Notes to the Accounts
for the year ended 31 March 2024
DG INSTALLATION& TESTING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13281975. The registered office is 12 BARRINGTON DRIVE, WASHINGTON, NE38 7RD, UNITED KINGDOM.
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.
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:
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
DG INSTALLATION& TESTING LIMITED
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery
5
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
2,940
2,940
Taxes and social security
436
436
6
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
5,223
5,223
Loans from directors
12,831
12,831
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).