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REGISTERED NUMBER: 04530515 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

D-DRILL LIMITED

D-DRILL LIMITED (REGISTERED NUMBER: 04530515)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


D-DRILL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTOR: J A White





REGISTERED OFFICE: Unit D Shilton Industrial Estate
Bulkington Road
Shilton
Coventry
CV7 9QL





REGISTERED NUMBER: 04530515 (England and Wales)





ACCOUNTANTS: Askews Chartered Certified Accountants
5 The Quadrant
Coventry
West Midlands
CV1 2EL

D-DRILL LIMITED (REGISTERED NUMBER: 04530515)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 758,918 593,730
Investments 5 427,459 427,459
1,186,377 1,021,189

CURRENT ASSETS
Debtors 6 102,611 51,223
Cash at bank 9,356 28,106
111,967 79,329
CREDITORS
Amounts falling due within one year 7 322,793 206,572
NET CURRENT LIABILITIES (210,826 ) (127,243 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

975,551

893,946

CREDITORS
Amounts falling due after more than one
year

8

362,753

298,594
NET ASSETS 612,798 595,352

CAPITAL AND RESERVES
Called up share capital 2,820 2,820
Revaluation reserve 9 - 20,534
Capital redemption reserve 950 950
Retained earnings 609,028 571,048
612,798 595,352

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

D-DRILL LIMITED (REGISTERED NUMBER: 04530515)

BALANCE SHEET - continued
30 SEPTEMBER 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 17 June 2025 and were signed by:





J A White - Director


D-DRILL LIMITED (REGISTERED NUMBER: 04530515)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

D-Drill 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.

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
Turnover 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.
Plant and machinery - 10% per annum of cost
Fixtures and fittings - 15% per annum of cost
Motor vehicles - 20% straight line

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

Taxation
Taxation for the year 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.

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 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.

D-DRILL LIMITED (REGISTERED NUMBER: 04530515)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - NIL ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 October 2023 823,664 59,695 1,099,365 1,982,724
Additions 74,500 - 367,839 442,339
Disposals - - (113,941 ) (113,941 )
At 30 September 2024 898,164 59,695 1,353,263 2,311,122
DEPRECIATION
At 1 October 2023 585,224 59,695 744,075 1,388,994
Charge for year 87,333 - 151,484 238,817
Eliminated on disposal - - (75,607 ) (75,607 )
At 30 September 2024 672,557 59,695 819,952 1,552,204
NET BOOK VALUE
At 30 September 2024 225,607 - 533,311 758,918
At 30 September 2023 238,440 - 355,290 593,730

5. FIXED ASSET INVESTMENTS
Shares in
group
undertaking
£   
COST
At 1 October 2023
and 30 September 2024 427,459
NET BOOK VALUE
At 30 September 2024 427,459
At 30 September 2023 427,459

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings - 25,978
Other debtors 102,611 25,245
102,611 51,223

D-DRILL LIMITED (REGISTERED NUMBER: 04530515)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 49,109 48,129
Hire purchase contracts 195,580 131,996
Trade creditors 4,191 5,241
Amounts owed to group undertakings 46,401 -
Taxation and social security 1,309 17
Other creditors 26,203 21,189
322,793 206,572

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 57,936 107,046
Hire purchase contracts 297,322 165,403
Other creditors 7,495 26,145
362,753 298,594

9. RESERVES
Revaluation
reserve
£   
At 1 October 2023 20,534
Reclassification from revaluation reserve (20,534 )

At 30 September 2024 -

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

2024 2023
£    £   
J A White
Balance outstanding at start of year - -
Amounts advanced 19,475 -
Amounts repaid (20,000 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (525 ) -