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REGISTERED NUMBER: 15691695 (England and Wales)












DDC HIGHWAYS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 29 APRIL 2024 TO 31 OCTOBER 2024






DDC HIGHWAYS LIMITED (REGISTERED NUMBER: 15691695)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 29 APRIL 2024 TO 31 OCTOBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


DDC HIGHWAYS LIMITED

COMPANY INFORMATION
FOR THE PERIOD 29 APRIL 2024 TO 31 OCTOBER 2024







DIRECTOR: Ms L D Whitbrook





REGISTERED OFFICE: 3 Element Court
Hilton Cross Business Park
Wolverhampton
United Kingdom
WV10 7QZ





REGISTERED NUMBER: 15691695 (England and Wales)





ACCOUNTANTS: Wallace Crooke Walsall Limited
Chartered Accountants
Wallace House
20 Birmingham Road
Walsall
West Midlands
WS1 2LT

DDC HIGHWAYS LIMITED (REGISTERED NUMBER: 15691695)

BALANCE SHEET
31 OCTOBER 2024

Notes £    £   
FIXED ASSETS
Investments 4 1,704,738

CURRENT ASSETS
Cash in hand 1

CREDITORS
Amounts falling due within one year 5 1,450,673
NET CURRENT LIABILITIES (1,450,672 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

254,066

CREDITORS
Amounts falling due after more than one
year

6

253,936
NET ASSETS 130

CAPITAL AND RESERVES
Called up share capital 8 4
Retained earnings 126
SHAREHOLDERS' FUNDS 130

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

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

The director acknowledges her 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 25 March 2025 and were signed by:




Ms L D Whitbrook - Director


DDC HIGHWAYS LIMITED (REGISTERED NUMBER: 15691695)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 29 APRIL 2024 TO 31 OCTOBER 2024

1. STATUTORY INFORMATION

DDC Highways 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.

The company's financial statements are individual entity financial statements.

The company's financial statements are presented in Sterling and all values are rounded to the nearest pound.

Preparation of consolidated financial statements
The financial statements contain information about DDC Highways Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the period 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 period 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 period was 1 .

DDC HIGHWAYS LIMITED (REGISTERED NUMBER: 15691695)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 29 APRIL 2024 TO 31 OCTOBER 2024

4. FIXED ASSET INVESTMENTS
Shares in
group
undertaking
£   
COST
Additions 1,704,738
At 31 October 2024 1,704,738
NET BOOK VALUE
At 31 October 2024 1,704,738

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Bank loans and overdrafts 39,402
Amounts owed to group undertakings 1,410,069
Accruals and deferred income 1,202
1,450,673

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Bank loans - 1-2 years 51,172
Bank loans - 2-5 years 202,764
253,936

7. SECURED DEBTS

The following secured debts are included within creditors:

£   
Bank loans 293,338

The bank loans are secured by a fixed and floating charge over all the property or undertakings of the company.

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
2 Ordinary £1 2
2 B £1 2
4

The following shares were allotted and fully paid for cash at par during the period:

2 Ordinary shares of £1 each
2 B shares of £1 each