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REGISTERED NUMBER: 06497524 (England and Wales)














Unaudited Financial Statements

For The Year Ended 31st December 2024

for

Dockright Regeneration Limited

Dockright Regeneration Limited (Registered number: 06497524)






Contents of the Financial Statements
For The Year Ended 31st December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 8

Dockright Regeneration Limited

Company Information
For The Year Ended 31st December 2024







DIRECTORS: B P Jones
M R Harris





REGISTERED OFFICE: Unit 8
Forest Vale Road
Forest Vale Industrial Estate
Cinderford
Gloucestershire
GL14 2PH





REGISTERED NUMBER: 06497524 (England and Wales)





ACCOUNTANTS: Wildin (Accountants & Auditors) Ltd
Kings Buildings
Lydney
Gloucestershire
GL15 5HE

Dockright Regeneration Limited (Registered number: 06497524)

Balance Sheet
31st December 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 446,751 391,929
446,751 391,929

CURRENT ASSETS
Stocks 6 118,151 113,216
Debtors 7 599,996 620,978
Cash at bank and in hand 239,192 239,746
957,339 973,940
CREDITORS
Amounts falling due within one year 8 406,717 436,804
NET CURRENT ASSETS 550,622 537,136
TOTAL ASSETS LESS CURRENT
LIABILITIES

997,373

929,065

CREDITORS
Amounts falling due after more than one
year

9

(62,502

)

(73,063

)

PROVISIONS FOR LIABILITIES 11 (107,974 ) (71,464 )
NET ASSETS 826,897 784,538

CAPITAL AND RESERVES
Called up share capital 12 100 100
Retained earnings 13 826,797 784,438
SHAREHOLDERS' FUNDS 826,897 784,538

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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.

Dockright Regeneration Limited (Registered number: 06497524)

Balance Sheet - continued
31st December 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 and authorised for issue by the Board of Directors and authorised for issue on 22nd April 2025 and were signed on its behalf by:




M R Harris - Director



B P Jones - Director


Dockright Regeneration Limited (Registered number: 06497524)

Notes to the Financial Statements
For The Year Ended 31st December 2024

1. STATUTORY INFORMATION

Dockright Regeneration 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of two years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 reducing balance and 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Dockright Regeneration Limited (Registered number: 06497524)

Notes to the Financial Statements - continued
For The Year Ended 31st December 2024

2. ACCOUNTING POLICIES - continued

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 24 (2023 - 23 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st January 2024
and 31st December 2024 22,783
AMORTISATION
At 1st January 2024
and 31st December 2024 22,783
NET BOOK VALUE
At 31st December 2024 -
At 31st December 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1st January 2024 408,186 57,465 181,072 646,723
Additions 128,984 5,495 22,000 156,479
Disposals (16,914 ) (2,625 ) (10,704 ) (30,243 )
At 31st December 2024 520,256 60,335 192,368 772,959
DEPRECIATION
At 1st January 2024 174,994 19,105 60,695 254,794
Charge for year 43,819 6,240 30,826 80,885
Eliminated on disposal - (2,141 ) (7,330 ) (9,471 )
At 31st December 2024 218,813 23,204 84,191 326,208
NET BOOK VALUE
At 31st December 2024 301,443 37,131 108,177 446,751
At 31st December 2023 233,192 38,360 120,377 391,929

6. STOCKS
31.12.24 31.12.23
£    £   
Stocks 118,151 113,216

Dockright Regeneration Limited (Registered number: 06497524)

Notes to the Financial Statements - continued
For The Year Ended 31st December 2024

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 595,674 618,092
Prepayments 4,322 2,886
599,996 620,978

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 194,590 164,287
Tax 96,292 86,865
Social security and other taxes 21,637 19,141
VAT 60,339 81,146
Other creditors - 70,000
Accrued expenses 33,859 15,365
406,717 436,804

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.12.23
£    £   
Bank loans (see note 10) 17,500 27,500
Hire purchase contracts 45,002 45,563
62,502 73,063

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 17,500 27,500

10. LOANS

An analysis of the maturity of loans is given below:

31.12.24 31.12.23
£    £   
Amounts falling due in more than five years:
Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 17,500 27,500

11. PROVISIONS FOR LIABILITIES
31.12.24 31.12.23
£    £   
Deferred tax 107,974 71,464

Dockright Regeneration Limited (Registered number: 06497524)

Notes to the Financial Statements - continued
For The Year Ended 31st December 2024

11. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1st January 2024 71,464
Charge to Income Statement during year 36,510
Balance at 31st December 2024 107,974

12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
100 Ordinary £1 100 100

13. RESERVES
Retained
earnings
£   

At 1st January 2024 784,438
Profit for the year 307,359
Dividends (265,000 )
At 31st December 2024 826,797

14. RELATED PARTY DISCLOSURES

The company paid a commercial rent to it's director of £93,360 (2023 £91,860) in respect of the factory unit which it occupied during the year.

15. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Yellow Oak Holdings Limited.

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Dockright Regeneration 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 Dockright Regeneration Limited for the year ended 31st December 2024 which comprise the Income Statement, Balance Sheet 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Dockright Regeneration 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 Dockright Regeneration Limited and state those matters that we have agreed to state to the Board of Directors of Dockright Regeneration Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Dockright Regeneration 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 profit of Dockright Regeneration Limited. You consider that Dockright Regeneration 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 Dockright Regeneration 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.






Wildin (Accountants & Auditors) Ltd
Kings Buildings
Lydney
Gloucestershire
GL15 5HE


22nd April 2025