IRIS Accounts Production v25.1.0.734 15441247 Board of Directors Board of Directors 24.1.24 31.1.25 31.1.25 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh154412472024-01-23154412472025-01-31154412472024-01-242025-01-31154412472024-01-2315441247ns15:EnglandWales2024-01-242025-01-3115441247ns14:PoundSterling2024-01-242025-01-3115441247ns10:Director12024-01-242025-01-3115441247ns10:Director22024-01-242025-01-3115441247ns10:PrivateLimitedCompanyLtd2024-01-242025-01-3115441247ns10:SmallEntities2024-01-242025-01-3115441247ns10:AuditExempt-NoAccountantsReport2024-01-242025-01-3115441247ns10:SmallCompaniesRegimeForDirectorsReport2024-01-242025-01-3115441247ns10:SmallCompaniesRegimeForAccounts2024-01-242025-01-3115441247ns10:FullAccounts2024-01-242025-01-3115441247ns10:OrdinaryShareClass12024-01-242025-01-3115441247ns10:RegisteredOffice2024-01-242025-01-3115441247ns5:CurrentFinancialInstruments2025-01-3115441247ns5:Non-currentFinancialInstruments2025-01-3115441247ns5:ShareCapital2025-01-3115441247ns5:RetainedEarningsAccumulatedLosses2025-01-3115441247ns5:PlantMachinery2024-01-242025-01-3115441247ns5:PlantMachinery2025-01-3115441247ns5:WithinOneYearns5:CurrentFinancialInstruments2025-01-3115441247ns10:OrdinaryShareClass12025-01-31
REGISTERED NUMBER: 15441247 (England and Wales)















DK TIPPERS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

24 JANUARY 2024 TO 31 JANUARY 2025






DK TIPPERS LIMITED (REGISTERED NUMBER: 15441247)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 24 JANUARY 2024 TO 31 JANUARY 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3 to 5


DK TIPPERS LIMITED

COMPANY INFORMATION
FOR THE PERIOD 24 JANUARY 2024 TO 31 JANUARY 2025







DIRECTORS: D P Wilkinson
K D M Gamblin





REGISTERED OFFICE: Oxley House
Lincoln Way
Louth
Lincolnshire
LN11 0LS





REGISTERED NUMBER: 15441247 (England and Wales)





ACCOUNTANTS: Duncan & Toplis Limited
Oxley House
Lincoln Way
Louth
Lincolnshire
LN11 0LS

DK TIPPERS LIMITED (REGISTERED NUMBER: 15441247)

STATEMENT OF FINANCIAL POSITION
31 JANUARY 2025

Notes £    £   
FIXED ASSETS
Tangible assets 4 365,321

CURRENT ASSETS
Debtors 5 448,485
Cash at bank and in hand 111,612
560,097
CREDITORS
Amounts falling due within one year 6 138,892
NET CURRENT ASSETS 421,205
TOTAL ASSETS LESS CURRENT LIABILITIES 786,526

CREDITORS
Amounts falling due after more than one year 7 876,862
NET LIABILITIES (90,336 )

CAPITAL AND RESERVES
Called up share capital 8 2
Retained earnings (90,338 )
SHAREHOLDERS' FUNDS (90,336 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 April 2025 and were signed on its behalf by:



D P Wilkinson - Director



K D M Gamblin - Director


DK TIPPERS LIMITED (REGISTERED NUMBER: 15441247)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 24 JANUARY 2024 TO 31 JANUARY 2025

1. STATUTORY INFORMATION

DK Tippers 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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, 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 etc - 25% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Financial instruments
The company has chosen to adopt the FRS102 1A in respect of financial instruments.

Basic financial assets, including trade and other debtors and cash and bank balances are initially recognised at transaction price, unless the arrangement constitute a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

At the end of each reporting period, financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in the income statement.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Taxation
Taxation for the period 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.


DK TIPPERS LIMITED (REGISTERED NUMBER: 15441247)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 24 JANUARY 2024 TO 31 JANUARY 2025

2. ACCOUNTING POLICIES - continued
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 period 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.

Going concern
Despite negative shareholder funds the directors consider the going concern basis to be appropriate since they will not demand full repayment of their current account balances until the company is in a position to repay the balances without affecting its ability to trade. The directors will also continue to support the company.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 385,326
At 31 January 2025 385,326
DEPRECIATION
Charge for period 20,005
At 31 January 2025 20,005
NET BOOK VALUE
At 31 January 2025 365,321

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 319,378
Other debtors 129,107
448,485

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 133,537
Other creditors 5,355
138,892

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
£   
Trade creditors 736,862
Other creditors 140,000
876,862

DK TIPPERS LIMITED (REGISTERED NUMBER: 15441247)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 24 JANUARY 2024 TO 31 JANUARY 2025

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
2 Ordinary £1 2

9. RELATED PARTY DISCLOSURES

Included in other creditors due over 1 year are two loans of £70,000 each from Lincoln Roofing & Building Ltd a company under the control of Darren Wilkinson (Director) and MPT Plant and Transport Ltd a company under the control of Kenneth Gamble (Director). These loans are repayable after more than 1 year.

At 31 January 2025, included in trade creditors due over 1 year is £526,993 owed to Lincoln Roofing & Building Ltd and £209,869 owed to MPT Plant and Transport Ltd.

At 31 January 2025, included in trade debtors is £12,334 owed by Lincoln Roofing & Building Ltd and £35,940 owed by MPT Plant and Transport Ltd.