| DPS Plastering Ltd |
| Registered number: |
08597730 |
| Balance Sheet |
| as at 31 March 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
3 |
|
|
- |
|
|
1,000 |
| Tangible assets |
4 |
|
|
2,543 |
|
|
2,880 |
|
|
|
|
2,543 |
|
|
3,880 |
|
| Current assets |
| Debtors |
5 |
|
30,206 |
|
|
29,820 |
| Cash at bank and in hand |
|
|
446 |
|
|
2,790 |
|
|
|
30,652 |
|
|
32,610 |
|
| Creditors: amounts falling due within one year |
6 |
|
(14,616) |
|
|
(14,976) |
|
| Net current assets |
|
|
|
16,036 |
|
|
17,634 |
|
| Total assets less current liabilities |
|
|
|
18,579 |
|
|
21,514 |
|
| Creditors: amounts falling due after more than one year |
7 |
|
|
- |
|
|
(3,900) |
|
|
|
| Net assets |
|
|
|
18,579 |
|
|
17,614 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
18,479 |
|
|
17,514 |
|
| Shareholder's funds |
|
|
|
18,579 |
|
|
17,614 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his 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. |
|
|
|
|
| 0 |
| Director |
| Approved by the board on 13 May 2025 |
|
| DPS Plastering Ltd |
| Notes to the Accounts |
| for the year ended 31 March 2025 |
|
|
| 1 |
Accounting policies |
|
|
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. |
|
|
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. |
|
|
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. |
|
|
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. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term. |
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Intangible fixed assets |
£ |
|
Goodwill: |
|
|
Cost |
|
At 1 April 2024 |
10,000 |
|
At 31 March 2025 |
10,000 |
|
|
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 April 2024 |
9,000 |
|
Provided during the year |
1,000 |
|
At 31 March 2025 |
10,000 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2025 |
- |
|
At 31 March 2024 |
1,000 |
|
|
|
|
|
|
|
|
|
|
Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years. |
|
|
| 4 |
Tangible fixed assets |
|
|
|
|
Plant and machinery etc |
|
Motor vehicles |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 April 2024 |
1,398 |
|
12,140 |
|
13,538 |
|
Additions |
366 |
|
- |
|
366 |
|
At 31 March 2025 |
1,764 |
|
12,140 |
|
13,904 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2024 |
140 |
|
10,518 |
|
10,658 |
|
Charge for the year |
298 |
|
405 |
|
703 |
|
At 31 March 2025 |
438 |
|
10,923 |
|
11,361 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2025 |
1,326 |
|
1,217 |
|
2,543 |
|
At 31 March 2024 |
1,258 |
|
1,622 |
|
2,880 |
|
|
| 5 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
2,400 |
|
2,104 |
|
Other debtors |
27,806 |
|
27,716 |
|
|
|
|
|
|
30,206 |
|
29,820 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans and overdrafts |
4,225 |
|
4,975 |
|
Taxation and social security costs |
9,337 |
|
8,530 |
|
Other creditors |
1,054 |
|
1,471 |
|
|
|
|
|
|
14,616 |
|
14,976 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans |
- |
|
3,900 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Loans to directors |
|
Description and conditions |
B/fwd |
Paid |
Repaid |
C/fwd |
| £ |
£ |
£ |
£ |
|
D Stelfox |
|
Loan 1 |
13,973 |
|
55,096 |
|
(55,610) |
|
13,459 |
|
|
|
13,973 |
|
55,096 |
|
(55,610) |
|
13,459 |
|
|
|
|
|
|
|
|
|
|
| 9 |
Other information |
|
|
DPS Plastering Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
300 St Marys Road |
|
Garston |
|
Liverpool |
|
Merseyside |
|
L19 0NQ |