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REGISTERED NUMBER: 06712754 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 31st October 2024

for

DP DUCTWORK LIMITED

DP DUCTWORK LIMITED (REGISTERED NUMBER: 06712754)






Contents of the Financial Statements
for the year ended 31st October 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


DP DUCTWORK LIMITED

Company Information
for the year ended 31st October 2024







DIRECTOR: D J Perkins





REGISTERED OFFICE: Ellesmere, Radford Road
Tinsley Green
Crawley
West Sussex
RH10 3NN





REGISTERED NUMBER: 06712754 (England and Wales)





ACCOUNTANTS: TC Group
Office: Croydon - TC SWP
3rd Floor, Suffolk House
George Street
Croydon
CR0 0YN

DP DUCTWORK LIMITED (REGISTERED NUMBER: 06712754)

Statement of Financial Position
31st October 2024

31.10.24 31.10.23
Notes £    £    £   
FIXED ASSETS
Property, plant and equipment 4 157,868 65,869

CURRENT ASSETS
Debtors 5 188,175 103,632
Cash at bank and in hand 33,958 12,684
222,133 116,316
CREDITORS
Amounts falling due within one year 6 228,923 114,520
NET CURRENT (LIABILITIES)/ASSETS (6,790 ) 1,796
TOTAL ASSETS LESS CURRENT LIABILITIES 151,078 67,665

CREDITORS
Amounts falling due after more than one
year

7

37,458

40,585
NET ASSETS 113,620 27,080

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 113,520 26,980
SHAREHOLDERS' FUNDS 113,620 27,080

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

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

DP DUCTWORK LIMITED (REGISTERED NUMBER: 06712754)

Statement of Financial Position - continued
31st October 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 19th April 2025 and were signed by:





D J Perkins - Director


DP DUCTWORK LIMITED (REGISTERED NUMBER: 06712754)

Notes to the Financial Statements
for the year ended 31st October 2024

1. STATUTORY INFORMATION

DP Ductwork 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 continues to trade profitability and is expected to keep generating positive cash flows for the foreseeable future. The director therefore continues to adopt the going concern basis of accounting in preparing the financial statements.

Turnover
Revenue 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 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

DP DUCTWORK LIMITED (REGISTERED NUMBER: 06712754)

Notes to the Financial Statements - continued
for the year ended 31st October 2024

4. PROPERTY, PLANT AND EQUIPMENT
Freehold Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1st November 2023 - 97,194 39,485 6,141 142,820
Additions 31,419 31,985 55,879 - 119,283
At 31st October 2024 31,419 129,179 95,364 6,141 262,103
DEPRECIATION
At 1st November 2023 - 45,357 25,721 5,873 76,951
Charge for year - 13,099 13,928 257 27,284
At 31st October 2024 - 58,456 39,649 6,130 104,235
NET BOOK VALUE
At 31st October 2024 31,419 70,723 55,715 11 157,868
At 31st October 2023 - 51,837 13,764 268 65,869

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 169,826 89,843
Other debtors 1,300 -
VAT 17,049 13,789
188,175 103,632

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans and overdrafts 11,497 11,192
Hire purchase contracts 22,257 3,676
Trade creditors 131,999 34,511
Tax 56,870 47,585
Social security and other taxes 4,257 15,155
Directors' current accounts 43 401
Accruals and deferred income 2,000 2,000
228,923 114,520

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans - 1-2 years 6,947 11,278
Bank loans - 2-5 years - 7,253
Hire purchase contracts 30,511 22,054
37,458 40,585

DP DUCTWORK LIMITED (REGISTERED NUMBER: 06712754)

Notes to the Financial Statements - continued
for the year ended 31st October 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31.10.24 31.10.23
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Hire purchase - 3,676

8. ULTIMATE CONTROLLING PARTY

The controlling party is D J Perkins.