1 July 2023 false Taxfiler 2024.6 03790355business:PrivateLimitedCompanyLtd2023-07-012024-06-30 037903552023-06-30 037903552023-07-012024-06-30 03790355business:AuditExempt-NoAccountantsReport2023-07-012024-06-30 03790355business:FilletedAccounts2023-07-012024-06-30 037903552024-06-30 03790355business:Director12023-07-012024-06-30 03790355business:Director22023-07-012024-06-30 03790355business:Director32023-07-012024-06-30 03790355business:RegisteredOffice2023-07-012024-06-30 037903552023-06-30 03790355core:WithinOneYear2024-06-30 03790355core:WithinOneYear2023-06-30 03790355core:AfterOneYear2024-06-30 03790355core:AfterOneYear2023-06-30 03790355core:ShareCapitalcore:PreviouslyStatedAmount2024-06-30 03790355core:ShareCapitalcore:PreviouslyStatedAmount2023-06-30 03790355core:RevaluationReservecore:PreviouslyStatedAmount2024-06-30 03790355core:RevaluationReservecore:PreviouslyStatedAmount2023-06-30 03790355core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-06-30 03790355core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 03790355core:PreviouslyStatedAmount2024-06-30 03790355core:PreviouslyStatedAmount2023-06-30 03790355business:SmallEntities2023-07-012024-06-30 03790355countries:EnglandWales2023-07-012024-06-30 03790355core:LandBuildings2023-07-012024-06-30 03790355core:MotorVehicles2023-07-012024-06-30 03790355core:FurnitureFittings2023-07-012024-06-30 03790355core:Goodwill2023-06-30 03790355core:Goodwill2024-06-30 03790355core:LandBuildings2023-06-30 03790355core:MotorVehicles2023-06-30 03790355core:FurnitureFittings2023-06-30 03790355core:LandBuildings2024-06-30 03790355core:MotorVehicles2024-06-30 03790355core:FurnitureFittings2024-06-30 03790355business:OrdinaryShareClass12023-07-012024-06-30 03790355business:OrdinaryShareClass12022-07-012023-06-30 037903552022-07-012023-06-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 03790355 (England and Wales)
DAB LIFT & ELECTRICAL SERVICES LIMITED Unaudited accounts for the year ended 30 June 2024
DAB LIFT & ELECTRICAL SERVICES LIMITED Unaudited accounts Contents
Page
- 2 -
DAB LIFT & ELECTRICAL SERVICES LIMITED Company Information for the year ended 30 June 2024
Directors
David Brown Gary Brown Steven Brown
Company Number
03790355 (England and Wales)
Registered Office
UNIT 12 EASTER PARK FERRY LANE SOUTH RAINHAM ESSEX RM13 9BP
- 3 -
DAB LIFT & ELECTRICAL SERVICES LIMITED Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
500,000 
500,000 
Tangible assets
1,018,718 
1,048,154 
1,518,718 
1,548,154 
Current assets
Debtors
626,997 
471,771 
Cash at bank and in hand
559,422 
571,501 
1,186,419 
1,043,272 
Creditors: amounts falling due within one year
(599,908)
(507,482)
Net current assets
586,511 
535,790 
Total assets less current liabilities
2,105,229 
2,083,944 
Creditors: amounts falling due after more than one year
(37,811)
(64,819)
Net assets
2,067,418 
2,019,125 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
231,908 
231,908 
Profit and loss account
1,835,410 
1,787,117 
Shareholders' funds
2,067,418 
2,019,125 
For the year ending 30 June 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 27 January 2025 and were signed on its behalf by
David Brown Director Company Registration No. 03790355
- 4 -
DAB LIFT & ELECTRICAL SERVICES LIMITED Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
DAB LIFT & ELECTRICAL SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03790355. The registered office is UNIT 12 EASTER PARK, FERRY LANE SOUTH, RAINHAM, ESSEX, RM13 9BP.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
0%
Motor vehicles
20%
Fixtures & fittings
18%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 July 2023
500,000 
At 30 June 2024
500,000 
Amortisation
At 1 July 2023
- 
At 30 June 2024
- 
Net book value
At 30 June 2024
500,000 
At 30 June 2023
500,000 
- 5 -
DAB LIFT & ELECTRICAL SERVICES LIMITED Notes to the Accounts for the year ended 30 June 2024
5
Tangible fixed assets
Land & buildings 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 July 2023
820,000 
335,824 
37,431 
1,193,255 
Additions
- 
41,099 
- 
41,099 
Disposals
- 
(18,495)
- 
(18,495)
At 30 June 2024
820,000 
358,428 
37,431 
1,215,859 
Depreciation
At 1 July 2023
- 
109,655 
35,446 
145,101 
Charge for the year
- 
55,920 
1,977 
57,897 
On disposals
- 
(5,857)
- 
(5,857)
At 30 June 2024
- 
159,718 
37,423 
197,141 
Net book value
At 30 June 2024
820,000 
198,710 
8 
1,018,718 
At 30 June 2023
820,000 
226,169 
1,985 
1,048,154 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
554,238 
446,387 
Other debtors
72,759 
25,384 
626,997 
471,771 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
235,071 
142,627 
Taxes and social security
353,872 
351,878 
Other creditors
10,965 
12,977 
599,908 
507,482 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
37,811 
64,819 
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
10
Average number of employees
During the year the average number of employees was 18 (2023: 18).
- 6 -