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REGISTERED NUMBER: 07155985 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Resolute DTG Ltd

Resolute DTG Ltd (Registered number: 07155985)






Contents of the Financial Statements
for the year ended 31 December 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Resolute DTG Ltd

Company Information
for the year ended 31 December 2024







DIRECTORS: Mrs R S Marsh
C J Marsh





REGISTERED OFFICE: Unit 5
Wingfield Court
Clay Cross
Derbyshire
S45 9JA





REGISTERED NUMBER: 07155985 (England and Wales)





ACCOUNTANTS: Royston Parkin Limited
Chartered Certified Accountants
& Statutory Auditor
2 President Buildings
Sheffield
South Yorkshire
S4 7UQ

Resolute DTG Ltd (Registered number: 07155985)

Statement of Financial Position
31 December 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 110,934 257,982
Property, plant and equipment 5 324,514 228,597
435,448 486,579

CURRENT ASSETS
Inventories 501,745 466,397
Debtors 6 290,388 379,195
Cash at bank 286,260 247,369
1,078,393 1,092,961
CREDITORS
Amounts falling due within one year 7 658,291 695,733
NET CURRENT ASSETS 420,102 397,228
TOTAL ASSETS LESS CURRENT
LIABILITIES

855,550

883,807

CREDITORS
Amounts falling due after more than
one year

8

(149,710

)

(169,244

)

PROVISIONS FOR LIABILITIES (64,595 ) (42,220 )
NET ASSETS 641,245 672,343

Resolute DTG Ltd (Registered number: 07155985)

Statement of Financial Position - continued
31 December 2024

2024 2023
Notes £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 641,145 672,243
SHAREHOLDERS' FUNDS 641,245 672,343

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

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

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 Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 April 2025 and were signed on its behalf by:





C J Marsh - Director


Resolute DTG Ltd (Registered number: 07155985)

Notes to the Financial Statements
for the year ended 31 December 2024

1. STATUTORY INFORMATION

Resolute DTG Ltd 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
Revenue 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.
Land and buildings - 20% on cost
Plant and machinery etc - 50% on reducing balance, 25% on reducing balance, 20% on reducing balance and 15% on reducing balance

Stocks
Inventories 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 Statement of Comprehensive Income, 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.


Resolute DTG Ltd (Registered number: 07155985)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

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 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.

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.

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 20 (2023 - 16 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 January 2024 257,982
Disposals (147,048 )
At 31 December 2024 110,934
NET BOOK VALUE
At 31 December 2024 110,934
At 31 December 2023 257,982

Development costs in respect of new DTG print machines have been capitalised this year.

Resolute DTG Ltd (Registered number: 07155985)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

5. PROPERTY, PLANT AND EQUIPMENT
Improvements
Short to Plant and
leasehold property machinery
£    £    £   
COST
At 1 January 2024 600 84,222 27,025
Additions - 110,160 -
Disposals - - (10,900 )
At 31 December 2024 600 194,382 16,125
DEPRECIATION
At 1 January 2024 600 - 11,915
Charge for year - 29,148 775
Eliminated on disposal - - (959 )
At 31 December 2024 600 29,148 11,731
NET BOOK VALUE
At 31 December 2024 - 165,234 4,394
At 31 December 2023 - 84,222 15,110

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2024 30,784 164,591 23,374 330,596
Additions - 92,734 - 202,894
Disposals (6,290 ) (49,500 ) (22,201 ) (88,891 )
At 31 December 2024 24,494 207,825 1,173 444,599
DEPRECIATION
At 1 January 2024 15,093 51,059 23,332 101,999
Charge for year 2,855 35,677 9 68,464
Eliminated on disposal (4,877 ) (22,365 ) (22,177 ) (50,378 )
At 31 December 2024 13,071 64,371 1,164 120,085
NET BOOK VALUE
At 31 December 2024 11,423 143,454 9 324,514
At 31 December 2023 15,691 113,532 42 228,597

Resolute DTG Ltd (Registered number: 07155985)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 152,422 230,845
Other debtors 137,966 148,350
290,388 379,195

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 36,724 13,397
Hire purchase contracts 44,775 23,972
Trade creditors 254,853 53,536
Taxation and social security 100,358 192,340
Other creditors 221,581 412,488
658,291 695,733

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans 5,871 16,854
Hire purchase contracts 85,661 64,392
Other creditors 58,178 87,998
149,710 169,244

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

2024 2023
£    £   
C J Marsh and Mrs R S Marsh
Balance outstanding at start of year 78,565 81,565
Amounts advanced 6,783 1,000
Amounts repaid (2,000 ) (4,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 83,348 78,565

No interest is charged on directors loan balances. Any overdrawn loan account balances are repayable on demand by the company.

Resolute DTG Ltd (Registered number: 07155985)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

10. ULTIMATE CONTROLLING PARTY

The company is controlled by the directors who own 90% of the share capital.