Company Registration No. 06273739 (England and Wales)
Dampcure (GB) Limited
Unaudited accounts
for the year ended 30 June 2024
Dampcure (GB) Limited
Unaudited accounts
Contents
Dampcure (GB) Limited
Company Information
for the year ended 30 June 2024
Directors
Byron Paul Butler
Lee Mellor
Company Number
06273739 (England and Wales)
Registered Office
159a London Road
Stoke-on-Trent
Staffordshire
ST4 7QE
England
Accountants
James Accountancy Services Ltd
3 Waterloo Grove
Kidsgrove
Stoke-on-Trent
Staffordshire
ST7 4SY
Dampcure (GB) Limited
Statement of financial position
as at 30 June 2024
Intangible assets
3,000
3,000
Tangible assets
15,276
19,686
Cash at bank and in hand
1,158
3,913
Creditors: amounts falling due within one year
(10,050)
(6,532)
Net current (liabilities)/assets
(7,742)
251
Total assets less current liabilities
10,534
22,937
Creditors: amounts falling due after more than one year
(6,469)
(18,501)
Provisions for liabilities
Deferred tax
(2,903)
(3,779)
Called up share capital
2
2
Profit and loss account
1,160
655
Shareholders' funds
1,162
657
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 21 March 2025 and were signed on its behalf by
Byron Paul Butler
Director
Company Registration No. 06273739
Dampcure (GB) Limited
Notes to the Accounts
for the year ended 30 June 2024
Dampcure (GB) Limited is a private company, limited by shares, registered in England and Wales, registration number 06273739. The registered office is 159a London Road, Stoke-on-Trent, Staffordshire, ST4 7QE, England.
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.
The accounts are presented in £ sterling.
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. The company was operating under the VAT flat rate scheme during the year.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance method.
Motor vehicles
20% reducing balance method.
Fixtures & fittings
10% straight line basis
Computer equipment
20% reducing balance method.
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
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 includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
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.
Dampcure (GB) Limited
Notes to the Accounts
for the year ended 30 June 2024
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 July 2023
8,595
31,866
4,092
6,234
50,787
Additions
329
-
-
795
1,124
Disposals
(1,750)
(22,188)
-
(200)
(24,138)
At 30 June 2024
7,174
9,678
4,092
6,829
27,773
At 1 July 2023
2,885
22,866
2,456
2,894
31,101
Charge for the year
779
800
410
685
2,674
On disposals
(950)
(20,188)
-
(140)
(21,278)
At 30 June 2024
2,714
3,478
2,866
3,439
12,497
At 30 June 2024
4,460
6,200
1,226
3,390
15,276
At 30 June 2023
5,710
9,000
1,636
3,340
19,686
Amounts falling due within one year
Dampcure (GB) Limited
Notes to the Accounts
for the year ended 30 June 2024
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
6,420
-
Taxes and social security
1,719
1,692
Loans from directors
701
685
8
Creditors: amounts falling due after more than one year
2024
2023
9
Deferred taxation
2024
2023
Accelerated capital allowances
2,903
3,779
Provision at start of year
3,779
3,847
Credited to the profit and loss account
(876)
(68)
Provision at end of year
2,903
3,779
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
11
Average number of employees
During the year the average number of employees was 3 (2023: 3).