Registered number
04830696
DPKBV Limited
Filleted Accounts
31 March 2024
DPKBV Limited
Registered number: 04830696
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Intangible assets 3 - 48,116
Tangible assets 4 1,018,870 1,139,506
Investments 5 1,984,599 1,984,599
3,003,469 3,172,221
Current assets
Stocks 23,942 22,188
Debtors 6 376,552 328,508
Investments held as current assets 7 1,100,000 1,100,000
Cash at bank and in hand 130,823 163,638
1,631,317 1,614,334
Creditors: amounts falling due within one year 8 (1,431,952) (1,405,654)
Net current assets 199,365 208,680
Total assets less current liabilities 3,202,834 3,380,901
Creditors: amounts falling due after more than one year 9 (1,036,666) (776,755)
Provisions for liabilities (19,208) (19,208)
Net assets 2,146,960 2,584,938
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account 2,145,960 2,583,938
Shareholders' funds 2,146,960 2,584,938
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mohammad Naheed Randhawa
Director
Approved by the board on 25 November 2024
DPKBV Limited
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

The estimated replacement cost of the building is taken as £150,000.
Building 2% reducing balance
Leasehold land and buildings over the lease term
Fixtures, fittings, tools and equipment 15% reducing balance
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Leased assets
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases.Operating lease payments are recognised as an expense on a straight line basis over the lease term.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 214 126
3 Intangible fixed assets £
Goodwill:
Cost
At 1 April 2023 996,428
At 31 March 2024 996,428
Amortisation
At 1 April 2023 948,312
Provided during the year 48,116
At 31 March 2024 996,428
Net book value
At 31 March 2024 -
At 31 March 2023 48,116
Goodwill is being written off in equal annual instalments over its estimated economic life of 20 years.
4 Tangible fixed assets
Land and buildings Fixtures, fittings, tools and equipment Motor vehicles Total
£ £ £ £
Cost
At 1 April 2023 492,162 2,090,646 3,813 2,586,621
Additions - 2,746 - 2,746
At 31 March 2024 492,162 2,093,392 3,813 2,589,367
Depreciation
At 1 April 2023 152,453 1,290,849 3,813 1,447,115
Charge for the year 3,000 120,382 - 123,382
At 31 March 2024 155,453 1,411,231 3,813 1,570,497
Net book value
At 31 March 2024 336,709 682,161 - 1,018,870
At 31 March 2023 339,709 799,797 - 1,139,506
5 Investments
Investments in
subsidiary
undertakings
£
Cost
At 1 April 2023 1,984,599
At 31 March 2024 1,984,599
6 Debtors 2024 2023
£ £
Trade debtors 243,834 192,185
Other debtors 132,718 136,323
376,552 328,508
7 Investments held as current assets 2024 2023
£ £
Fair value
Unlisted investments 1,100,000 1,100,000
8 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 196,062 265,838
Other taxes and social security costs 282,291 200,526
Other creditors 953,599 939,290
1,431,952 1,405,654
9 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 704,666 776,755
Amounts owed to group undertakings and undertakings in which the company has a participating interest 332,000 -
1,036,666 776,755
10 Related party transactions
Included within other creditors is director loan of £832,020 (2023 - £854,606)
11 Controlling party
The directors do not consider there to be an ultimate controlling party.
12 Other information
DPKBV Limited is a private company limited by shares and incorporated in England. Its registered office is:
Suite 4, Cranbrook House
61 Cranbrook road
Ilford
Essex
IG1 4PG
DPKBV Limited 04830696 false 2023-04-01 2024-03-31 2024-03-31 VT Final Accounts April 2024 Mohammad Naheed Randhawa No description of principal activity 04830696 2022-04-01 2023-03-31 04830696 core:WithinOneYear 2023-03-31 04830696 core:AfterOneYear 2023-03-31 04830696 core:ShareCapital 2023-03-31 04830696 core:RetainedEarningsAccumulatedLosses 2023-03-31 04830696 2023-04-01 2024-03-31 04830696 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 04830696 bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 04830696 bus:Director40 2023-04-01 2024-03-31 04830696 1 2023-04-01 2024-03-31 04830696 2 2023-04-01 2024-03-31 04830696 core:Goodwill 2023-04-01 2024-03-31 04830696 core:LandBuildings 2023-04-01 2024-03-31 04830696 core:PlantMachinery 2023-04-01 2024-03-31 04830696 core:Vehicles 2023-04-01 2024-03-31 04830696 countries:England 2023-04-01 2024-03-31 04830696 bus:FRS102 2023-04-01 2024-03-31 04830696 bus:FilletedAccounts 2023-04-01 2024-03-31 04830696 2024-03-31 04830696 core:WithinOneYear 2024-03-31 04830696 core:AfterOneYear 2024-03-31 04830696 core:ShareCapital 2024-03-31 04830696 core:RetainedEarningsAccumulatedLosses 2024-03-31 04830696 core:Goodwill 2024-03-31 04830696 core:LandBuildings 2024-03-31 04830696 core:PlantMachinery 2024-03-31 04830696 core:Vehicles 2024-03-31 04830696 2023-03-31 04830696 core:Goodwill 2023-03-31 04830696 core:LandBuildings 2023-03-31 04830696 core:PlantMachinery 2023-03-31 04830696 core:Vehicles 2023-03-31 iso4217:GBP xbrli:pure