2023-09-012024-08-312024-08-31false13361502D2 NETWORKS LTD2025-05-2061900falseiso4217:GBPxbrli:pure133615022023-09-01133615022024-08-31133615022023-09-012024-08-31133615022022-09-01133615022023-08-31133615022022-09-012023-08-3113361502bus:SmallEntities2023-09-012024-08-3113361502bus:AuditExempt-NoAccountantsReport2023-09-012024-08-3113361502bus:FullAccounts2023-09-012024-08-3113361502bus:PrivateLimitedCompanyLtd2023-09-012024-08-3113361502core:WithinOneYear2024-08-3113361502core:AfterOneYear2024-08-3113361502core:WithinOneYear2023-08-3113361502core:AfterOneYear2023-08-3113361502core:ShareCapital2024-08-3113361502core:SharePremium2024-08-3113361502core:RevaluationReserve2024-08-3113361502core:OtherReservesSubtotal2024-08-3113361502core:RetainedEarningsAccumulatedLosses2024-08-3113361502core:ShareCapital2023-08-3113361502core:SharePremium2023-08-3113361502core:RevaluationReserve2023-08-3113361502core:OtherReservesSubtotal2023-08-3113361502core:RetainedEarningsAccumulatedLosses2023-08-3113361502core:LandBuildings2024-08-3113361502core:PlantMachinery2024-08-3113361502core:Vehicles2024-08-3113361502core:FurnitureFittings2024-08-3113361502core:OfficeEquipment2024-08-3113361502core:NetGoodwill2024-08-3113361502core:IntangibleAssetsOtherThanGoodwill2024-08-3113361502core:ListedExchangeTraded2024-08-3113361502core:UnlistedNon-exchangeTraded2024-08-3113361502core:LandBuildings2023-08-3113361502core:PlantMachinery2023-08-3113361502core:Vehicles2023-08-3113361502core:FurnitureFittings2023-08-3113361502core:OfficeEquipment2023-08-3113361502core:NetGoodwill2023-08-3113361502core:IntangibleAssetsOtherThanGoodwill2023-08-3113361502core:ListedExchangeTraded2023-08-3113361502core:UnlistedNon-exchangeTraded2023-08-3113361502core:LandBuildings2023-09-012024-08-3113361502core:PlantMachinery2023-09-012024-08-3113361502core:Vehicles2023-09-012024-08-3113361502core:FurnitureFittings2023-09-012024-08-3113361502core:OfficeEquipment2023-09-012024-08-3113361502core:NetGoodwill2023-09-012024-08-3113361502core:IntangibleAssetsOtherThanGoodwill2023-09-012024-08-3113361502core:ListedExchangeTraded2023-09-012024-08-3113361502core:UnlistedNon-exchangeTraded2023-09-012024-08-3113361502core:MoreThanFiveYears2023-09-012024-08-3113361502core:Non-currentFinancialInstruments2024-08-3113361502core:Non-currentFinancialInstruments2023-08-3113361502dpl:CostSales2023-09-012024-08-3113361502dpl:DistributionCosts2023-09-012024-08-3113361502core:LandBuildings2023-09-012024-08-3113361502core:PlantMachinery2023-09-012024-08-3113361502core:Vehicles2023-09-012024-08-3113361502core:FurnitureFittings2023-09-012024-08-3113361502core:OfficeEquipment2023-09-012024-08-3113361502dpl:AdministrativeExpenses2023-09-012024-08-3113361502core:NetGoodwill2023-09-012024-08-3113361502core:IntangibleAssetsOtherThanGoodwill2023-09-012024-08-3113361502dpl:GroupUndertakings2023-09-012024-08-3113361502dpl:ParticipatingInterests2023-09-012024-08-3113361502dpl:GroupUndertakingscore:ListedExchangeTraded2023-09-012024-08-3113361502core:ListedExchangeTraded2023-09-012024-08-3113361502dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-09-012024-08-3113361502core:UnlistedNon-exchangeTraded2023-09-012024-08-3113361502dpl:CostSales2022-09-012023-08-3113361502dpl:DistributionCosts2022-09-012023-08-3113361502core:LandBuildings2022-09-012023-08-3113361502core:PlantMachinery2022-09-012023-08-3113361502core:Vehicles2022-09-012023-08-3113361502core:FurnitureFittings2022-09-012023-08-3113361502core:OfficeEquipment2022-09-012023-08-3113361502dpl:AdministrativeExpenses2022-09-012023-08-3113361502core:NetGoodwill2022-09-012023-08-3113361502core:IntangibleAssetsOtherThanGoodwill2022-09-012023-08-3113361502dpl:GroupUndertakings2022-09-012023-08-3113361502dpl:ParticipatingInterests2022-09-012023-08-3113361502dpl:GroupUndertakingscore:ListedExchangeTraded2022-09-012023-08-3113361502core:ListedExchangeTraded2022-09-012023-08-3113361502dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-09-012023-08-3113361502core:UnlistedNon-exchangeTraded2022-09-012023-08-3113361502core:NetGoodwill2024-08-3113361502core:IntangibleAssetsOtherThanGoodwill2024-08-3113361502core:LandBuildings2024-08-3113361502core:PlantMachinery2024-08-3113361502core:Vehicles2024-08-3113361502core:FurnitureFittings2024-08-3113361502core:OfficeEquipment2024-08-3113361502core:AfterOneYear2024-08-3113361502core:WithinOneYear2024-08-3113361502core:ListedExchangeTraded2024-08-3113361502core:UnlistedNon-exchangeTraded2024-08-3113361502core:ShareCapital2024-08-3113361502core:SharePremium2024-08-3113361502core:RevaluationReserve2024-08-3113361502core:OtherReservesSubtotal2024-08-3113361502core:RetainedEarningsAccumulatedLosses2024-08-3113361502core:NetGoodwill2023-08-3113361502core:IntangibleAssetsOtherThanGoodwill2023-08-3113361502core:LandBuildings2023-08-3113361502core:PlantMachinery2023-08-3113361502core:Vehicles2023-08-3113361502core:FurnitureFittings2023-08-3113361502core:OfficeEquipment2023-08-3113361502core:AfterOneYear2023-08-3113361502core:WithinOneYear2023-08-3113361502core:ListedExchangeTraded2023-08-3113361502core:UnlistedNon-exchangeTraded2023-08-3113361502core:ShareCapital2023-08-3113361502core:SharePremium2023-08-3113361502core:RevaluationReserve2023-08-3113361502core:OtherReservesSubtotal2023-08-3113361502core:RetainedEarningsAccumulatedLosses2023-08-3113361502core:NetGoodwill2022-09-0113361502core:IntangibleAssetsOtherThanGoodwill2022-09-0113361502core:LandBuildings2022-09-0113361502core:PlantMachinery2022-09-0113361502core:Vehicles2022-09-0113361502core:FurnitureFittings2022-09-0113361502core:OfficeEquipment2022-09-0113361502core:AfterOneYear2022-09-0113361502core:WithinOneYear2022-09-0113361502core:ListedExchangeTraded2022-09-0113361502core:UnlistedNon-exchangeTraded2022-09-0113361502core:ShareCapital2022-09-0113361502core:SharePremium2022-09-0113361502core:RevaluationReserve2022-09-0113361502core:OtherReservesSubtotal2022-09-0113361502core:RetainedEarningsAccumulatedLosses2022-09-0113361502core:AfterOneYear2023-09-012024-08-3113361502core:WithinOneYear2023-09-012024-08-3113361502core:Non-currentFinancialInstrumentscore:CostValuation2023-09-012024-08-3113361502core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-09-012024-08-3113361502core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-09-012024-08-3113361502core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-09-012024-08-3113361502core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-09-012024-08-3113361502core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-09-012024-08-3113361502core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-09-012024-08-3113361502core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-09-012024-08-3113361502core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-09-012024-08-3113361502core:Non-currentFinancialInstrumentscore:CostValuation2024-08-3113361502core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-08-3113361502core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-08-3113361502core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-08-3113361502core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-08-3113361502core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-08-3113361502core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-08-3113361502core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-08-3113361502core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-08-3113361502core:Non-currentFinancialInstrumentscore:CostValuation2023-08-3113361502core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-08-3113361502core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-08-3113361502core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-08-3113361502core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-08-3113361502core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-08-3113361502core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-08-3113361502core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-08-3113361502core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-08-3113361502bus:Director12023-09-012024-08-31

D2 NETWORKS LTD

Registered Number
13361502
(England and Wales)

Unaudited Financial Statements for the Year ended
31 August 2024

D2 NETWORKS LTD
Company Information
for the year from 1 September 2023 to 31 August 2024

Director

HALL, David James

Registered Address

The Wheel House, Angle Court
81 St Clements
Oxford
OX4 1AE

Registered Number

13361502 (England and Wales)
D2 NETWORKS LTD
Balance Sheet as at
31 August 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets347,16345,210
47,16345,210
Current assets
Debtors449,33839,988
Cash at bank and on hand58,88969,077
108,227109,065
Creditors amounts falling due within one year5(50,974)(58,982)
Net current assets (liabilities)57,25350,083
Total assets less current liabilities104,41695,293
Creditors amounts falling due after one year6(14,415)(24,778)
Net assets90,00170,515
Capital and reserves
Called up share capital11
Profit and loss account90,00070,514
Shareholders' funds90,00170,515
The financial statements were approved and authorised for issue by the Director on 20 May 2025, and are signed on its behalf by:
HALL, David James
Director
Registered Company No. 13361502
D2 NETWORKS LTD
Notes to the Financial Statements
for the year ended 31 August 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:
Finance leases and hire purchase contracts
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.
Trade and other 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.
2.Average number of employees

20242023
Average number of employees during the year11
3.Tangible fixed assets

Plant & machinery

Vehicles

Office Equipment

Total

££££
Cost or valuation
At 01 September 2315,05034,4119,11058,571
Additions2,49330,8882,28035,661
Disposals-(32,611)-(32,611)
At 31 August 2417,54332,68811,39061,621
Depreciation and impairment
At 01 September 233,4168,2381,70713,361
Charge for year3,0125,8112,57911,402
On disposals-(10,305)-(10,305)
At 31 August 246,4283,7444,28614,458
Net book value
At 31 August 2411,11528,9447,10447,163
At 31 August 2311,63426,1737,40345,210
4.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables15,33829,988
Other debtors30,00010,000
Prepayments and accrued income4,000-
Total49,33839,988
A debit balance of £30,000 (2023- £10,000) existed on the director loan account. This was repaid in full by way of dividend declaration in April 2025 with interest charged at HMRC's approved rate.
5.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables4,14817,547
Taxation and social security31,56031,185
Finance lease and HP contracts3,175-
Other creditors9,54110,000
Accrued liabilities and deferred income2,550250
Total50,97458,982
6.Creditors: amounts due after one year

2024

2023

££
Other creditors14,41524,778
Total14,41524,778
7.Obligations under finance leases

2024

2023

££
Finance lease and HP contracts14,41524,778