Caseware UK (AP4) 2024.0.164 2024.0.164 trueNo description of principal activity2024-01-01false910trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false NI002328 2024-01-01 2024-12-31 NI002328 2023-01-01 2023-12-31 NI002328 2024-12-31 NI002328 2023-12-31 NI002328 2023-01-01 NI002328 c:Director1 2024-01-01 2024-12-31 NI002328 d:PlantMachinery 2024-01-01 2024-12-31 NI002328 d:PlantMachinery 2024-12-31 NI002328 d:PlantMachinery 2023-12-31 NI002328 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 NI002328 d:MotorVehicles 2024-01-01 2024-12-31 NI002328 d:MotorVehicles 2024-12-31 NI002328 d:MotorVehicles 2023-12-31 NI002328 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 NI002328 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 NI002328 d:CurrentFinancialInstruments 2024-12-31 NI002328 d:CurrentFinancialInstruments 2023-12-31 NI002328 d:Non-currentFinancialInstruments 2024-12-31 NI002328 d:Non-currentFinancialInstruments 2023-12-31 NI002328 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 NI002328 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 NI002328 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 NI002328 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 NI002328 d:ShareCapital 2024-12-31 NI002328 d:ShareCapital 2023-12-31 NI002328 d:CapitalRedemptionReserve 2024-12-31 NI002328 d:CapitalRedemptionReserve 2023-12-31 NI002328 d:RetainedEarningsAccumulatedLosses 2024-12-31 NI002328 d:RetainedEarningsAccumulatedLosses 2023-12-31 NI002328 c:FRS102 2024-01-01 2024-12-31 NI002328 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 NI002328 c:FullAccounts 2024-01-01 2024-12-31 NI002328 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 NI002328 d:AcceleratedTaxDepreciationDeferredTax 2024-12-31 NI002328 d:AcceleratedTaxDepreciationDeferredTax 2023-12-31 NI002328 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Registered number: NI002328










Dorman & Sons Ltd








Unaudited

Financial statements

Information for filing with the registrar

For the Year Ended 31 December 2024

 
Dorman & Sons Ltd
Registered number: NI002328

Balance Sheet
As at 31 December 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 5 
67,710
53,630

  
67,710
53,630

Current assets
  

Stocks
  
9,500
8,000

Debtors: amounts falling due within one year
 6 
182,572
169,303

Cash at bank and in hand
  
76,543
105,137

  
268,615
282,440

Creditors: amounts falling due within one year
 7 
(139,740)
(145,052)

Net current assets
  
 
 
128,875
 
 
137,388

Total assets less current liabilities
  
196,585
191,018

Creditors: amounts falling due after more than one year
 8 
(9,992)
(21,742)

Provisions for liabilities
  

Deferred tax
 9 
(16,928)
(9,317)

  
 
 
(16,928)
 
 
(9,317)

Net assets
  
169,665
159,959


Capital and reserves
  

Called up share capital 
  
4,434
4,434

Capital redemption reserve
  
2,800
2,800

Profit and loss account
  
162,431
152,725

  
169,665
159,959

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Dorman & Sons Ltd
Registered number: NI002328

Balance Sheet (continued)
As at 31 December 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 



Andrew Dorman
Director

Date: 3 April 2025


The notes on pages 3 to 8 form part of these financial statements.
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Dorman & Sons Ltd
 

 
Notes to the Financial Statements
For the Year Ended 31 December 2024

1.


General information

Dorman & Sons Ltd is a private company limited by shares incorporated in Northern Ireland within the United Kingdom.  The registration number and address of the registered office are given in the company information section of these financial statements.  The principal activities are letter pressing and lithographic printing.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The Directors of Dorman & Sons Ltd have reviewed the resources available and believe that the company has adequate resources to continue in operational existence for the foreseeable future.

 
2.3

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Sale of goods

Turnover from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.
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Page 3

 
Dorman & Sons Ltd
 

 
Notes to the Financial Statements
For the Year Ended 31 December 2024

2.Accounting policies (continued)

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
10%
straight line
Motor vehicles
-
20%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.5

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.6

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

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Dorman & Sons Ltd
 

 
Notes to the Financial Statements
For the Year Ended 31 December 2024

2.Accounting policies (continued)

 
2.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

 
2.8

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

  
2.9

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Balance Sheet.

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Page 5

 
Dorman & Sons Ltd
 

 
Notes to the Financial Statements
For the Year Ended 31 December 2024

2.Accounting policies (continued)

 
2.10

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.



3.


Judgements in applying accounting policies and key sources of estimation uncertainty

In the process of applying the company’s accounting policies, management has not made any significant judgements. There are no key assumptions concerning the future or other key sources of estimation, that have a significant risk of raising a material adjustment to the carrying amounts of assets and liabilities within the next financial year.


4.


Employees

The average monthly number of employees, including directors, during the year was 9 (2023 - 10).

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Page 6

 
Dorman & Sons Ltd
 

 
Notes to the Financial Statements
For the Year Ended 31 December 2024

5.


Tangible fixed assets





Plant and machinery
Motor vehicles
Total

£
£
£



Cost or valuation


At 1 January 2024
1,697,468
10,500
1,707,968


Additions
48,000
-
48,000


Disposals
(167,653)
-
(167,653)



At 31 December 2024

1,577,815
10,500
1,588,315



Depreciation


At 1 January 2024
1,647,898
6,440
1,654,338


Charge for the year on owned assets
10,300
2,100
12,400


Disposals
(146,133)
-
(146,133)



At 31 December 2024

1,512,065
8,540
1,520,605



Net book value



At 31 December 2024
65,750
1,960
67,710



At 31 December 2023
49,570
4,060
53,630


6.


Debtors: amounts falling due within one year

2024
2023
£
£


Trade debtors
180,992
167,061

Other debtors
-
203

Prepayments and accrued income
1,580
2,039

182,572
169,303


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Page 7

 
Dorman & Sons Ltd
 

 
Notes to the Financial Statements
For the Year Ended 31 December 2024

7.


Creditors: amounts falling due within one year

2024
2023
£
£

Bank overdrafts
13,025
-

Bank loans
11,535
10,647

Trade creditors
66,813
80,841

Corporation tax
19,535
27,893

Other taxation and social security
9,049
3,708

Other creditors
3,721
5,389

Accruals and deferred income
16,062
16,574

139,740
145,052



8.


Creditors: amounts falling due after more than one year

2024
2023
£
£

Bank loans
9,992
21,742

9,992
21,742



9.


Deferred taxation




2024
2023


£

£






At beginning of year
(9,317)
(10,033)


Charged to profit or loss
(7,611)
716



At end of year
(16,928)
(9,317)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(16,928)
(9,317)


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