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Company Registration No. 07696100 (England and Wales)
DENNISON PLANT SOLUTIONS LTD Directors report and unaudited financial statements for the year ended 30 September 2024
DENNISON PLANT SOLUTIONS LTD Directors report and unaudited financial statements Contents
Page
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DENNISON PLANT SOLUTIONS LTD Company Information for the year ended 30 September 2024
Director
SHIRLEY DENNISON
Company Number
07696100 (England and Wales)
Registered Office
HIGHER ADDINGTON NETHER KELLET CARNFORTH LA6 1DZ ENGLAND
Accountants
SARA JANE DOBSON 23 DALLAM AVENUE MORECAMBE LANCASHIRE LA4 5BB
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DENNISON PLANT SOLUTIONS LTD Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
116,844 
146,395 
Current assets
Inventories
110,430 
191,522 
Debtors
62,529 
64,723 
Cash at bank and in hand
73,765 
80,709 
246,724 
336,954 
Creditors: amounts falling due within one year
(323,942)
(380,110)
Net current liabilities
(77,218)
(43,156)
Total assets less current liabilities
39,626 
103,239 
Creditors: amounts falling due after more than one year
- 
(28,131)
Net assets
39,626 
75,108 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
39,526 
75,008 
Shareholders' funds
39,626 
75,108 
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 director acknowledges her 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 and authorised for issue on 11 June 2025 and were signed on its behalf by
SHIRLEY DENNISON Director Company Registration No. 07696100
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DENNISON PLANT SOLUTIONS LTD Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
DENNISON PLANT SOLUTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 07696100. The registered office is HIGHER ADDINGTON, NETHER KELLET, CARNFORTH, LA6 1DZ, ENGLAND.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less accumulated depreciation and any accumulated impairment losses. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10-20% straight line / 10% reducing balance
Motor vehicles
20% reducing balance
Fixtures & fittings
20-33% straight line
Computer equipment
20-33% straight line
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DENNISON PLANT SOLUTIONS LTD Notes to the Accounts for the year ended 30 September 2024
Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax basis used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liabilities settled or the asset is realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflects the tax consequences that would follow from the manor in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities. Current or deferred tax for the year is recognised in profit or loss except when they are related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognising other comprehensive income or directly in equity respectively.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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DENNISON PLANT SOLUTIONS LTD Notes to the Accounts for the year ended 30 September 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 October 2023
324,649 
18,000 
2,074 
344,723 
Additions
1,250 
- 
324 
1,574 
Disposals
(24,265)
- 
- 
(24,265)
At 30 September 2024
301,634 
18,000 
2,398 
322,032 
Depreciation
At 1 October 2023
179,680 
16,580 
2,068 
198,328 
Charge for the year
20,316 
251 
16 
20,583 
On disposals
(13,723)
- 
- 
(13,723)
At 30 September 2024
186,273 
16,831 
2,084 
205,188 
Net book value
At 30 September 2024
115,361 
1,169 
314 
116,844 
At 30 September 2023
144,969 
1,420 
6 
146,395 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
62,529 
64,723 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
17,516 
- 
VAT
9,803 
- 
Trade creditors
9,085 
63,164 
Taxes and social security
389 
(3,165)
Other creditors
31,977 
32,502 
Loans from directors
254,972 
287,409 
Accruals
200 
200 
323,942 
380,110 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
- 
28,131 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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