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REGISTERED NUMBER: 13545552 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

ISLE OF WIGHT DAMP PROOFING AND
PLASTERING SOLUTIONS LIMITED

ISLE OF WIGHT DAMP PROOFING AND
PLASTERING SOLUTIONS LIMITED (REGISTERED NUMBER: 13545552)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ISLE OF WIGHT DAMP PROOFING AND
PLASTERING SOLUTIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTOR: D Barker





SECRETARY:





REGISTERED OFFICE: Create Business Hub
Ground Floor
5 Rayleigh Road
Hutton, Brentwood.
Essex
CM13 1AB





REGISTERED NUMBER: 13545552 (England and Wales)





ACCOUNTANTS: Tish Press & Company
Create Business Hub
Ground Floor
5 Rayleigh Road
Hutton, Brentwood.
Essex
CM13 1AB

ISLE OF WIGHT DAMP PROOFING AND
PLASTERING SOLUTIONS LIMITED (REGISTERED NUMBER: 13545552)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 26,786 21,013

CURRENT ASSETS
Debtors 5 32,312 15,115
Cash at bank and in hand 33,470 25,091
65,782 40,206
CREDITORS
Amounts falling due within one year 6 35,060 39,891
NET CURRENT ASSETS 30,722 315
TOTAL ASSETS LESS CURRENT
LIABILITIES

57,508

21,328

CREDITORS
Amounts falling due after more than one
year

7

25,050

-
NET ASSETS 32,458 21,328

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 32,358 21,228
32,458 21,328

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

ISLE OF WIGHT DAMP PROOFING AND
PLASTERING SOLUTIONS LIMITED (REGISTERED NUMBER: 13545552)

BALANCE SHEET - continued
31 AUGUST 2024


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 March 2025 and were signed by:





D Barker - Director


ISLE OF WIGHT DAMP PROOFING AND
PLASTERING SOLUTIONS LIMITED (REGISTERED NUMBER: 13545552)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1. STATUTORY INFORMATION

Isle of Wight Damp Proofing and Plastering Solutions 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

ISLE OF WIGHT DAMP PROOFING AND
PLASTERING SOLUTIONS LIMITED (REGISTERED NUMBER: 13545552)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 September 2023 35,021
Additions 31,513
Disposals (35,021 )
At 31 August 2024 31,513
DEPRECIATION
At 1 September 2023 14,008
Charge for year 4,727
Eliminated on disposal (14,008 )
At 31 August 2024 4,727
NET BOOK VALUE
At 31 August 2024 26,786
At 31 August 2023 21,013

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 25,112 15,115
Other debtors 7,200 -
32,312 15,115

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 4,263 17,345
Tax 3,135 3,109
Social security and other taxes 17,898 17,991
VAT 8,564 246
Accruals and deferred income 1,200 1,200
35,060 39,891

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 25,050 -