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REGISTERED NUMBER: 03856995 (England and Wales)















DON VALLEY ENGINEERING CONSTRUCTION
LIMITED

AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 JULY 2024






DON VALLEY ENGINEERING CONSTRUCTION
LIMITED (REGISTERED NUMBER: 03856995)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DON VALLEY ENGINEERING CONSTRUCTION
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: L A Ashurst
C A Ashurst
S F Doleman
A J Priestley





REGISTERED OFFICE: Sandall Stones Road
Kirk Sandall
Doncaster
South Yorkshire
DN3 1QR





REGISTERED NUMBER: 03856995 (England and Wales)





AUDITORS: Xeinadin Audit Limited
Sidings House
Sidings Court
Lakeside
Doncaster
South Yorkshire
DN4 5NU

DON VALLEY ENGINEERING CONSTRUCTION
LIMITED (REGISTERED NUMBER: 03856995)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 225,204 213,083

CURRENT ASSETS
Debtors 5 3,007,680 6,139,618
Cash at bank 1,403,328 601,757
4,411,008 6,741,375
CREDITORS
Amounts falling due within one year 6 3,324,215 5,630,156
NET CURRENT ASSETS 1,086,793 1,111,219
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,311,997

1,324,302

CREDITORS
Amounts falling due after more than one year 7 (48,058 ) (116,449 )

PROVISIONS FOR LIABILITIES (54,776 ) (53,271 )
NET ASSETS 1,209,163 1,154,582

CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Retained earnings 1,207,163 1,152,582
1,209,163 1,154,582

DON VALLEY ENGINEERING CONSTRUCTION
LIMITED (REGISTERED NUMBER: 03856995)

BALANCE SHEET - continued
31 JULY 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 Income Statement has not been delivered.

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




C A Ashurst - Director



A J Priestley - Director


DON VALLEY ENGINEERING CONSTRUCTION
LIMITED (REGISTERED NUMBER: 03856995)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024


1. STATUTORY INFORMATION

Don Valley Engineering Construction 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover 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.

Plant and machinery - 20% on cost
Motor Vehicles - 33% on reducing balance

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.

DON VALLEY ENGINEERING CONSTRUCTION
LIMITED (REGISTERED NUMBER: 03856995)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


2. ACCOUNTING POLICIES - continued

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 29 (2023 - 30 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023 417,091
Additions 153,366
Disposals (153,962 )
At 31 July 2024 416,495
DEPRECIATION
At 1 August 2023 204,008
Charge for year 89,298
Eliminated on disposal (102,015 )
At 31 July 2024 191,291
NET BOOK VALUE
At 31 July 2024 225,204
At 31 July 2023 213,083

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 573 -
Amounts owed by group undertakings 1,122,493 5,648,085
Other debtors 1,884,614 491,533
3,007,680 6,139,618

DON VALLEY ENGINEERING CONSTRUCTION
LIMITED (REGISTERED NUMBER: 03856995)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 66,963 61,281
Hire purchase contracts - 5,713
Trade creditors 2,095,022 203,471
Amounts owed to group undertakings - 4,842,605
Taxation and social security 213,167 51,517
Other creditors 949,063 465,569
3,324,215 5,630,156

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 48,058 115,022
Hire purchase contracts - 1,427
48,058 116,449

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Mr Kelvin Fitton BA FCA (Senior Statutory Auditor)
for and on behalf of Xeinadin Audit Limited

9. OTHER FINANCIAL COMMITMENTS

There is a cross guarantee and debenture in place between the company and the parent undertaking, Don Valley Engineering Group Limited and four other subsidiaries of the parent undertaking. Don Valley Engineering Company Limited, Cleeve Materials Handling Limited, Don Valley Engineering Holdings Limited and Don Valley Materials Handling Limited dated 27 March 2019. At the balance sheet date there was a total indebtedness to the group's bankers of £978,827 (2023: £1,056,400). Against this debt, at the balance sheet date the group had total cash deposits with the group's bankers of £6,575,716 (2023: £4,230,599).

10. ULTIMATE CONTROLLING PARTY

The ultimate parent company is Don Valley Engineering Group Limited, a private company, limited by shares, registered in England and Wales. The registered office is Sandall Stones Road, Kirk Sandall, Doncaster, DN3 1QR.