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REGISTERED NUMBER: 09092076 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 31 December 2024

for

DPGC Oldco Limited

DPGC Oldco Limited (Registered number: 09092076)






Contents of the Financial Statements
for the year ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

DPGC Oldco Limited

Company Information
for the year ended 31 December 2024







DIRECTORS: K C Archer
P Gaffney
P S Gilmour
R Meadowcroft
N E O'Brien
G R Scott
I Taylor-Goy
R Todhunter





REGISTERED OFFICE: The Club House
Gleneagles Road
Urmston
Manchester
M41 8SA





REGISTERED NUMBER: 09092076 (England and Wales)





ACCOUNTANTS: Bennett Brooks & Co Limited
Chartered Accountants
St George's Court
Winnington Avenue
Northwich
Cheshire
CW8 4EE

DPGC Oldco Limited (Registered number: 09092076)

Balance Sheet
31 December 2024

2024 2023
Notes £ £
FIXED ASSETS
Tangible assets 4 162,763 77,487

CURRENT ASSETS
Stocks 8,627 15,914
Debtors 5 80,257 80,118
Cash at bank and in hand 127,985 176,332
216,869 272,364
CREDITORS
Amounts falling due within one year 6 (362,752 ) (267,580 )
NET CURRENT (LIABILITIES)/ASSETS (145,883 ) 4,784
TOTAL ASSETS LESS CURRENT
LIABILITIES

16,880

82,271

CREDITORS
Amounts falling due after more than one year 7 (15,360 ) (40,588 )
NET ASSETS 1,520 41,683

RESERVES
Retained earnings 1,520 41,683
1,520 41,683

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

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

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 March 2025 and were signed on its behalf by:




P S Gilmour - Director



G R Scott - Director


DPGC Oldco Limited (Registered number: 09092076)

Notes to the Financial Statements
for the year ended 31 December 2024

1. STATUTORY INFORMATION

DPGC Oldco Limited is a private company, limited by guarantee without share capital, 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Leasehold 2.5% Reducing Balance
Plant & Machinery 20% Straight Line
Fixtures & Fittings10% Straight Line

Stocks
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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

DPGC Oldco Limited (Registered number: 09092076)

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

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the income and expenditure account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to income and expenditure account as incurred.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 29 (2023 - 21 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£ £ £
COST
At 1 January 2024 358,134 214,066 572,200
Additions - 63,947 63,947
Impairments 50,000 - 50,000
At 31 December 2024 408,134 278,013 686,147
DEPRECIATION
At 1 January 2024 358,134 136,579 494,713
Charge for year - 28,671 28,671
At 31 December 2024 358,134 165,250 523,384
NET BOOK VALUE
At 31 December 2024 50,000 112,763 162,763
At 31 December 2023 - 77,487 77,487

Freehold assets were reviewed and revalued to their fair value in the year. The represents the value of the land held.

The net book value of assets on Hire Purchase at the year end was £27,995. (2023: £39,963).

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 67,617 46,459
Other debtors 12,640 33,659
80,257 80,118

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 10,009 6,461
Hire purchase contracts 9,913 13,820
Trade creditors 12,638 29,961
Taxation and social security 29,496 16,122
Other creditors 300,696 201,216
362,752 267,580

DPGC Oldco Limited (Registered number: 09092076)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£ £
Bank loans 5,825 19,382
Hire purchase contracts 9,535 21,206
15,360 40,588

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£ £
Hire purchase contracts 19,448 35,026

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
DPGC Oldco Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of DPGC Oldco Limited for the year ended 31 December 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of DPGC Oldco Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of DPGC Oldco Limited and state those matters that we have agreed to state to the Board of Directors of DPGC Oldco Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than DPGC Oldco Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that DPGC Oldco Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of DPGC Oldco Limited. You consider that DPGC Oldco Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of DPGC Oldco Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Bennett Brooks & Co Limited
Chartered Accountants
St George's Court
Winnington Avenue
Northwich
Cheshire
CW8 4EE


25 March 2025