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REGISTERED NUMBER: 02578415 (England and Wales)
















































Financial Statements

for the Period 1 July 2023 to 29 June 2024

for

DM Calibration Limited

DM Calibration Limited (Registered number: 02578415)






Contents of the Financial Statements
for the Period 1 July 2023 to 29 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DM Calibration Limited

Company Information
for the Period 1 July 2023 to 29 June 2024







DIRECTOR: S M Webber





REGISTERED OFFICE: Unit 3
Iceni Court
Icknield Way
Letchworth Garden City
Hertfordshire
SG6 1TN





REGISTERED NUMBER: 02578415 (England and Wales)





ACCOUNTANTS: Mander Duffill
Chartered Accountants
The Old Post Office
41-43 Market Place
Chippenham
Wiltshire
SN15 3HR

DM Calibration Limited (Registered number: 02578415)

Balance Sheet
29 June 2024

29.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1 -
Tangible assets 5 763,260 407,291
Investments 6 2,584,169 -
3,347,430 407,291

CURRENT ASSETS
Stocks 85,054 -
Debtors 7 941,946 715,672
Cash at bank and in hand 77,522 -
1,104,522 715,672
CREDITORS
Amounts falling due within one year 8 3,640,892 652,874
NET CURRENT (LIABILITIES)/ASSETS (2,536,370 ) 62,798
TOTAL ASSETS LESS CURRENT
LIABILITIES

811,060

470,089

CREDITORS
Amounts falling due after more than one
year

9

(465,256

)

(37,609

)

PROVISIONS FOR LIABILITIES (129,616 ) (99,291 )
NET ASSETS 216,188 333,189

CAPITAL AND RESERVES
Called up share capital 5,000 5,000
Retained earnings 211,188 328,189
SHAREHOLDERS' FUNDS 216,188 333,189

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 June 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

DM Calibration Limited (Registered number: 02578415)

Balance Sheet - continued
29 June 2024


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 June 2025 and were signed by:





S M Webber - Director


DM Calibration Limited (Registered number: 02578415)

Notes to the Financial Statements
for the Period 1 July 2023 to 29 June 2024

1. STATUTORY INFORMATION

DM Calibration Limited 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
Measure revenue at the fair value of the consideration received or receivable. The fair value of the consideration takes into account the amount of trade discounts, prompt settlement discounts and volume rebates allowed by the entity.

Recognition of revenue shall occur when;
The entity has transferred to the buyer the significant risks and rewards of ownership of the goods;
The entity retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
The amount of revenue can be measured reliably;
It is probable that the economic benefits associated with the transaction will flow to the entity; and
The costs incurred or to be incurred in respect of the transaction can be measured reliably.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on cost and 15% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.


DM Calibration Limited (Registered number: 02578415)

Notes to the Financial Statements - continued
for the Period 1 July 2023 to 29 June 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 balance sheet 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 period 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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 period was 58 (2023 - 22 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 1
At 29 June 2024 1
NET BOOK VALUE
At 29 June 2024 1

DM Calibration Limited (Registered number: 02578415)

Notes to the Financial Statements - continued
for the Period 1 July 2023 to 29 June 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023 678,845
Additions 534,662
At 29 June 2024 1,213,507
DEPRECIATION
At 1 July 2023 271,554
Charge for period 178,693
At 29 June 2024 450,247
NET BOOK VALUE
At 29 June 2024 763,260
At 30 June 2023 407,291

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 July 2023 96,489
Transfer to ownership (47,742 )
At 29 June 2024 48,747
DEPRECIATION
At 1 July 2023 44,532
Charge for period 7,312
Transfer to ownership (25,064 )
At 29 June 2024 26,780
NET BOOK VALUE
At 29 June 2024 21,967
At 30 June 2023 51,957

DM Calibration Limited (Registered number: 02578415)

Notes to the Financial Statements - continued
for the Period 1 July 2023 to 29 June 2024

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 2,584,169
At 29 June 2024 2,584,169
NET BOOK VALUE
At 29 June 2024 2,584,169

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.6.24 30.6.23
£    £   
Trade debtors 534,686 474,176
Amounts owed by group undertakings 345,000 200,000
Other debtors 62,260 41,496
941,946 715,672

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.6.24 30.6.23
£    £   
Bank loans and overdrafts 459,730 54,978
Hire purchase contracts 86,803 18,341
Trade creditors 311,148 142,573
Amounts owed to group undertakings 435,785 369,516
Taxation and social security 105,816 46,789
Other creditors 2,241,610 20,677
3,640,892 652,874

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.6.24 30.6.23
£    £   
Bank loans 297,267 21,667
Hire purchase contracts 167,989 15,942
465,256 37,609

DM Calibration Limited (Registered number: 02578415)

Notes to the Financial Statements - continued
for the Period 1 July 2023 to 29 June 2024

10. SECURED DEBTS

The following secured debts are included within creditors:

29.6.24 30.6.23
£    £   
Bank overdrafts 377,730 44,978
Bank loans 379,267 31,667
Hire purchase contracts 254,792 34,283
1,011,789 110,928

Bank loans are secured by fixed charge and negative pledge.

Hire purchase liabilities are secured upon the assets to which they relate.

Invoice discounting liabilities, disclosed as bank overdrafts are secured upon the specific debts to which they relate.

11. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Included within other creditors is an amount of £1,360,199 payable to DM Systems Group Limited, a company controlled by the director S M Webber.

12. ULTIMATE CONTROLLING PARTY

The controlling party is S M Webber.