BrightAccountsProduction v1.0.0 v1.0.0 2024-01-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The Principal Activity of this company is that of construction. 16 April 2025 2 2 NI628406 2024-12-31 NI628406 2023-12-31 NI628406 2022-12-31 NI628406 2024-01-01 2024-12-31 NI628406 2023-01-01 2023-12-31 NI628406 uk-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 NI628406 uk-curr:PoundSterling 2024-01-01 2024-12-31 NI628406 uk-bus:AbridgedAccounts 2024-01-01 2024-12-31 NI628406 uk-core:ShareCapital 2024-12-31 NI628406 uk-core:ShareCapital 2023-12-31 NI628406 uk-core:RetainedEarningsAccumulatedLosses 2024-12-31 NI628406 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 NI628406 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-12-31 NI628406 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-12-31 NI628406 uk-bus:FRS102 2024-01-01 2024-12-31 NI628406 uk-core:PlantMachinery 2024-01-01 2024-12-31 NI628406 uk-core:FurnitureFittingsToolsEquipment 2024-01-01 2024-12-31 NI628406 2024-01-01 2024-12-31 NI628406 uk-bus:Director1 2024-01-01 2024-12-31 NI628406 uk-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 xbrli:pure iso4217:GBP xbrli:shares
Company Registration Number: NI628406
 
 
DPPS Contracts UK Limited
 
Abridged Unaudited Financial Statements
 
for the financial year ended 31 December 2024
DPPS Contracts UK Limited
Company Registration Number: NI628406
ABRIDGED BALANCE SHEET
as at 31 December 2024

2024 2023
Notes £ £
 
Fixed Assets
Tangible assets 4 104,729 97,152
───────── ─────────
 
Current Assets
Debtors 378,304 501,626
Cash and cash equivalents 497,591 29,892
───────── ─────────
875,895 531,518
───────── ─────────
Creditors: amounts falling due within one year (497,245) (277,480)
───────── ─────────
Net Current Assets 378,650 254,038
───────── ─────────
Total Assets less Current Liabilities 483,379 351,190
═════════ ═════════
 
Capital and Reserves
Called up share capital 100 100
Retained earnings 483,279 351,090
───────── ─────────
Equity attributable to owners of the company 483,379 351,190
═════════ ═════════
 
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).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
           
The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account and Directors' Report.
For the financial year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Board and authorised for issue on 16 April 2025 and signed on its behalf by
           
           
________________________________          
John McCafferty          
Director          
           



DPPS Contracts UK Limited
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial year ended 31 December 2024

   
1. General Information
 
DPPS Contracts UK Limited is a company limited by shares incorporated in the Northern Ireland
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the year ended 31 December 2024 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Tangible assets and depreciation
Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
 
  Plant and machinery - 20% Reducing Balance
  Fixtures, fittings and equipment - 15% Straight line
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Leasing and hire purchases
Tangible assets held under leasing and Hire Purchases arrangements which transfer substantially all the risks and rewards of ownership to the company are capitalised and included in the Balance Sheet at their cost or valuation, less depreciation. The corresponding commitments are recorded as liabilities. Payments in respect of these obligations are treated as consisting of capital and interest elements, with interest charged to the Profit and Loss Account.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Borrowing costs
Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Employee benefits
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
 
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including directors, during the financial year was 2.
 
  2024 2023
  Number Number
 
Employees 2 2
  ═════════ ═════════
         
4. Tangible assets
  Plant and Fixtures, Total
  machinery fittings and  
    equipment  
  £ £ £
Cost or Valuation
At 1 January 2024 578,875 1,597 580,472
Additions 102,081 - 102,081
Disposals (46,500) - (46,500)
  ───────── ───────── ─────────
At 31 December 2024 634,456 1,597 636,053
  ───────── ───────── ─────────
Depreciation
At 1 January 2024 482,048 1,272 483,320
Charge for the financial year 66,374 230 66,604
On disposals (18,600) - (18,600)
  ───────── ───────── ─────────
At 31 December 2024 529,822 1,502 531,324
  ───────── ───────── ─────────
Net book value
At 31 December 2024 104,634 95 104,729
  ═════════ ═════════ ═════════
At 31 December 2023 96,827 325 97,152
  ═════════ ═════════ ═════════
       
5. Capital commitments
 
The company had no material capital commitments at the financial year-ended 31 December 2024.
   
6. Post-Balance Sheet Events
 
There have been no significant events affecting the company since the financial year-end.