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REGISTERED NUMBER: 02579170 (England and Wales)















FINANCIAL STATEMENTS

FOR THE PERIOD 1 MARCH 2024 TO 31 DECEMBER 2024

FOR

DETAIL DESIGN ENGINEERING LIMITED

DETAIL DESIGN ENGINEERING LIMITED (REGISTERED NUMBER: 02579170)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MARCH 2024 TO 31 DECEMBER 2024










Page

Balance Sheet 1

Notes to the Financial Statements 2


DETAIL DESIGN ENGINEERING LIMITED (REGISTERED NUMBER: 02579170)

BALANCE SHEET
31 DECEMBER 2024

2024 2024
(Unaudited)
Notes £    £   
FIXED ASSETS
Tangible assets 4 133,276 158,335

CURRENT ASSETS
Stocks 355,850 193,642
Debtors 5 2,277,081 4,555,955
Cash at bank and in hand 889,625 500,475
3,522,556 5,250,072
CREDITORS
Amounts falling due within one year 6 (1,898,510 ) (2,936,791 )
NET CURRENT ASSETS 1,624,046 2,313,281
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,757,322

2,471,616

PROVISIONS FOR LIABILITIES (11,288 ) -
NET ASSETS 1,746,034 2,471,616

CAPITAL AND RESERVES
Called up share capital 4,200 4,200
Share premium 4,800 4,800
Capital redemption reserve 2,000 2,000
Retained earnings 1,735,034 2,460,616
SHAREHOLDERS' FUNDS 1,746,034 2,471,616

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 March 2025 and were signed on its behalf by:





M A Allen - Director


DETAIL DESIGN ENGINEERING LIMITED (REGISTERED NUMBER: 02579170)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MARCH 2024 TO 31 DECEMBER 2024


1. STATUTORY INFORMATION

Detail Design Engineering Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 02579170

Registered office: 5 Brooklands Place
Brooklands Road
Sale
Cheshire
M33 3SD

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.

Following the year end, the directors intend to cease trading and transfer the trade of the company to another group entity. The financial statements have therefore been prepared on a basis other than going concern. As the trade of the company will be hived up into another group entity and continue as currently operated, no adjustments have been made under this basis of preparation as the directors consider it appropriate to reflect the results for the year and balance sheet as that of a continuing business.

Turnover
Turnover represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due.

Where a contract has only been partially completed at the balance sheet date turnover represents the value of the service provided to date based on a proportion of the total expected consideration at completion.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost
Motor vehicles - 25% on cost
Computer equipment - 20% on cost

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 items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.


DETAIL DESIGN ENGINEERING LIMITED (REGISTERED NUMBER: 02579170)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MARCH 2024 TO 31 DECEMBER 2024


2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 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.

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.

Contribution to pension funds
The pension costs charged against profits represent the amount of the contributions payable to the schemes in respect of the accounting period.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account as incurred.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 55 (2024 - 49 ) .

DETAIL DESIGN ENGINEERING LIMITED (REGISTERED NUMBER: 02579170)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MARCH 2024 TO 31 DECEMBER 2024


4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 March 2024 50,574 405,735 59,659 515,968
Additions - 22,119 8,946 31,065
Disposals - (124,251 ) - (124,251 )
At 31 December 2024 50,574 303,603 68,605 422,782
DEPRECIATION
At 1 March 2024 48,405 280,533 28,695 357,633
Charge for period 526 45,869 9,729 56,124
Eliminated on disposal - (124,251 ) - (124,251 )
At 31 December 2024 48,931 202,151 38,424 289,506
NET BOOK VALUE
At 31 December 2024 1,643 101,452 30,181 133,276
At 29 February 2024 2,169 125,202 30,964 158,335

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2024
(Unaudited)
£    £   
Trade debtors 2,301,854 1,772,854
Amounts owed by group undertakings - 2,742,976
Other debtors (24,773 ) 40,125
2,277,081 4,555,955

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2024
(Unaudited)
£    £   
Trade creditors 1,040,007 355,523
Amounts owed to group undertakings - 1,722,438
Taxation and social security 597,410 501,838
Other creditors 261,093 356,992
1,898,510 2,936,791

DETAIL DESIGN ENGINEERING LIMITED (REGISTERED NUMBER: 02579170)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MARCH 2024 TO 31 DECEMBER 2024


7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2024
(Unaudited)
£    £   
Within one year 151,498 163,788
Between one and five years 200,728 322,749
352,226 486,537

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

The Report of the Auditors was unqualified.


We draw attention to Note 2 to the financial statements which explains that the directors intend to cease trading and transfer the trade of the company to another group entity and therefore do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements. Accordingly the financial statements have been prepared on a basis other than going concern as described in Note 2. Our opinion is not modified in respect of this matter.

Graham Collins (Senior Statutory Auditor)
for and on behalf of M.T.Manley & Co Limited (Statutory Auditor)

9. PENSION COMMITMENTS

The company contributes to a defined contribution pension scheme for the benefit of employees and directors. The amount contributed in the period to 31 December was £57,968 (2024: £60,695).

There were outstanding pension contributions of £7,079 (2024: £5,317) at the year end. The liability is included within other creditors.

10. RELATED PARTY DISCLOSURES

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 within the group.

11. ULTIMATE CONTROLLING PARTY

Ar 31 December 2024, the ultimate controlling party is Building Automation Nordic Holding AB (registered in Sweden 559261-9729).

Consolidated accounts are publicly available at www.bolagsverket.se.