1 October 2023 false No description of principal activity Taxfiler 2024.6 06630487business:PrivateLimitedCompanyLtd2023-10-012024-09-30 066304872023-09-30 066304872023-10-012024-09-30 06630487business:AuditExemptWithAccountantsReport2023-10-012024-09-30 06630487business:FilletedAccounts2023-10-012024-09-30 066304872024-09-30 06630487business:Director12023-10-012024-09-30 06630487business:Director22023-10-012024-09-30 06630487business:Director32023-10-012024-09-30 06630487business:Director42023-10-012024-09-30 06630487business:Director52023-10-012024-09-30 06630487business:RegisteredOffice2023-10-012024-09-30 066304872023-09-30 06630487core:WithinOneYear2024-09-30 06630487core:WithinOneYear2023-09-30 06630487core:AfterOneYear2024-09-30 06630487core:AfterOneYear2023-09-30 06630487core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 06630487core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 06630487core:RevaluationReservecore:PreviouslyStatedAmount2024-09-30 06630487core:RevaluationReservecore:PreviouslyStatedAmount2023-09-30 06630487core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 06630487core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 06630487core:PreviouslyStatedAmount2024-09-30 06630487core:PreviouslyStatedAmount2023-09-30 06630487business:SmallEntities2023-10-012024-09-30 06630487countries:EnglandWales2023-10-012024-09-30 06630487core:LandBuildings2023-10-012024-09-30 06630487core:PlantMachinery2023-10-012024-09-30 06630487core:MotorVehicles2023-10-012024-09-30 06630487core:ComputerEquipment2023-10-012024-09-30 06630487core:Goodwill2023-09-30 06630487core:Goodwill2024-09-30 06630487core:LandBuildings2023-09-30 06630487core:PlantMachinery2023-09-30 06630487core:MotorVehicles2023-09-30 06630487core:ComputerEquipment2023-09-30 06630487core:LandBuildings2024-09-30 06630487core:PlantMachinery2024-09-30 06630487core:MotorVehicles2024-09-30 06630487core:ComputerEquipment2024-09-30 06630487business:OrdinaryShareClass12023-10-012024-09-30 06630487business:OrdinaryShareClass12022-10-012023-09-30 066304872022-10-012023-09-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 06630487 (England and Wales)
D & I DRILLING LTD Unaudited accounts for the year ended 30 September 2024
D & I DRILLING LTD Unaudited accounts Contents
Page
- 2 -
D & I DRILLING LTD Company Information for the year ended 30 September 2024
Directors
Mr D Ellison Mr P Quimby Mr P Leyden Mr C Crompton Mr C Leyden
Company Number
06630487 (England and Wales)
Registered Office
BEECH HOUSE 23 LADIES LANE HINDLEY WIGAN LANCASHIRE WN2 2QA
Accountants
P A Hull & Co Beech House 23 Ladies Lane Hindley, Wigan Lancashire WN2 2QA
- 3 -
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of D & I DRILLING LTD for the year ended 30 September 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of D & I DRILLING LTD for the year ended 30 September 2024 as set out on pages 5 - 8 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of D & I DRILLING LTD, as a body, in accordance with the terms of our engagement letter dated 4 June 2025. Our work has been undertaken solely to prepare for your approval the accounts of D & I DRILLING LTD and state those matters that we have agreed to state to the Board of Directors of D & I DRILLING LTD, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than D & I DRILLING LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that D & I DRILLING LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of D & I DRILLING LTD. You consider that D & I DRILLING LTD 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 accounts of D & I DRILLING LTD. 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 accounts.
P A Hull & Co Chartered Accountants Beech House 23 Ladies Lane Hindley, Wigan Lancashire WN2 2QA 4 June 2025
- 4 -
D & I DRILLING LTD Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
254,958 
250,480 
Investments
10,500 
10,500 
265,458 
260,980 
Current assets
Inventories
5,000 
- 
Debtors
270,241 
287,961 
Cash at bank and in hand
253,650 
292,612 
528,891 
580,573 
Creditors: amounts falling due within one year
(127,595)
(230,273)
Net current assets
401,296 
350,300 
Total assets less current liabilities
666,754 
611,280 
Creditors: amounts falling due after more than one year
(24,618)
(27,695)
Provisions for liabilities
Deferred tax
(48,442)
(47,591)
Net assets
593,694 
535,994 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
11,119 
11,119 
Profit and loss account
582,475 
524,775 
Shareholders' funds
593,694 
535,994 
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 4 June 2025 and were signed on its behalf by
Mr D Ellison Director Company Registration No. 06630487
- 5 -
D & I DRILLING LTD Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
D & I DRILLING LTD is a private company, limited by shares, registered in England and Wales, registration number 06630487. The registered office is BEECH HOUSE 23 LADIES LANE, HINDLEY, WIGAN, LANCASHIRE, WN2 2QA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
SLM over 10 years
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
25% reducing balance
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 October 2023
60,000 
At 30 September 2024
60,000 
Amortisation
At 1 October 2023
60,000 
At 30 September 2024
60,000 
Net book value
At 30 September 2024
- 
- 6 -
D & I DRILLING LTD Notes to the Accounts for the year ended 30 September 2024
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 October 2023
- 
379,565 
159,326 
3,020 
541,911 
Additions
3,083 
75,386 
66,051 
391 
144,911 
Disposals
- 
(54,000)
(37,200)
- 
(91,200)
At 30 September 2024
3,083 
400,951 
188,177 
3,411 
595,622 
Depreciation
At 1 October 2023
- 
204,345 
85,818 
1,268 
291,431 
Charge for the year
26 
42,007 
35,894 
527 
78,454 
On disposals
- 
(25,371)
(3,850)
- 
(29,221)
At 30 September 2024
26 
220,981 
117,862 
1,795 
340,664 
Net book value
At 30 September 2024
3,057 
179,970 
70,315 
1,616 
254,958 
At 30 September 2023
- 
175,220 
73,508 
1,752 
250,480 
On the 30th November 2017 the directors revalued the Plant and Machinery to the value of £75,000.
6
Investments
Other investments 
£ 
Valuation at 1 October 2023
10,500 
Valuation at 30 September 2024
10,500 
7
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
246,972 
287,961 
Amounts due from group undertakings etc.
1,363 
- 
Accrued income and prepayments
11,906 
- 
Other debtors
10,000 
- 
270,241 
287,961 
8
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
9,600 
9,600 
Obligations under finance leases and hire purchase contracts
9,906 
10,468 
Trade creditors
476 
476 
Amounts owed to group undertakings and other participating interests
- 
19,114 
Taxes and social security
101,322 
116,973 
Other creditors
1,940 
(69)
Loans from directors
437 
125 
Accruals
2,794 
73,086 
Deferred income
1,120 
500 
127,595 
230,273 
- 7 -
D & I DRILLING LTD Notes to the Accounts for the year ended 30 September 2024
9
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
7,200 
16,800 
Obligations under finance leases and hire purchase contracts
17,418 
10,895 
24,618 
27,695 
10
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
11
Transactions with related parties
LK Consult Limited Parent Company D & I Drilling Limited completed work in the year on behalf of LK Consult Limited to the value of £543,561 (2023:£588,650). At the balance sheet date the amount due from LK Consult Limited was £112,236 (2022:£141,667). LK Consult Limited charged a management charge to D & I Drilling Limited in the year of £5,993 (2023: £5,993) and rent of £9,569 (2023: £nil). At the year end the company had a loan outstanding to LK Consult Ltd of £nil (2023:£19,114).
12
Controlling party
The controlling party, by virtue of their ownership of a controlling share of the issued share capital of the parent company, L K Consult Ltd, is Leyden Kirby Associates Ltd of Eton Business Park, Eton Hill Road, Radcliffe, Manchester. M26 2ZS. Leyden Kirby Associates Ltd and L K Consult Ltd are companies registered in England & Wales.
13
Average number of employees
During the year the average number of employees was 7 (2023: 12).
- 8 -