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REGISTERED NUMBER: 01732907 (England and Wales)















Financial Statements for the Year Ended 30 September 2024

for

Dutton Engineering (Woodside) Limited

Dutton Engineering (Woodside) Limited (Registered number: 01732907)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Dutton Engineering (Woodside) Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: A J Read
J H M Glasse
J R M Glasse



REGISTERED OFFICE: 3 Tyne Road
Middlefield Industrial Estate
Sunderland Road
Sandy
Bedfordshire
SG19 1SA



REGISTERED NUMBER: 01732907 (England and Wales)



AUDITORS: Collett Hulance Accountants Limited
Chartered Certified Accountants
and Registered Auditor
40 Kimbolton Road
Bedford
Bedfordshire
MK40 2NR



ACCOUNTANTS: Thompsons Accountancy Services Limited
Grove House
1 Grove Place
Bedford
MK40 3JJ

Dutton Engineering (Woodside) Limited (Registered number: 01732907)

Statement of Financial Position
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 1,016,680 1,179,709

CURRENT ASSETS
Stocks 6 99,058 130,344
Debtors 7 631,627 529,825
Investments 8 318,304 -
Cash at bank 299,726 931,771
1,348,715 1,591,940
CREDITORS
Amounts falling due within one year 9 720,300 807,227
NET CURRENT ASSETS 628,415 784,713
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,645,095

1,964,422

CREDITORS
Amounts falling due after more than one year 10 - (82,095 )

PROVISIONS FOR LIABILITIES (190,586 ) (228,246 )
NET ASSETS 1,454,509 1,654,081

CAPITAL AND RESERVES
Called up share capital 1,000 126,068
Share premium 131,931 131,931
Revaluation reserve 12 17,722 18,051
Capital redemption reserve 45,000 45,000
Retained earnings 1,258,856 1,333,031
SHAREHOLDERS' FUNDS 1,454,509 1,654,081

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 Board of Directors and authorised for issue on 20 June 2025 and were signed on its behalf by:




A J Read - Director


Dutton Engineering (Woodside) Limited (Registered number: 01732907)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Dutton Engineering (Woodside) 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Revenue recognition
Turnover in respect of long-term contracts is recognised by reference to the stage of completion.

Turnover shown in the profit and loss account represents the value of work done in the year, including estimates of amounts not invoiced.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - over the life of the lease
Plant and machinery - at varying rates on cost
Motor vehicles - 25% on cost
Office equipment & furniture - at varying rates on cost

Tangible fixed assets are carried at cost less depreciation except that a leasehold property is included at a revalued amount. The valuation was undertaken in June 1997. This valuation has not been updated in respect of these financial statements.

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 statement of financial position date.


Dutton Engineering (Woodside) Limited (Registered number: 01732907)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

3. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2023 - 23 ) .

5. TANGIBLE FIXED ASSETS
Improvements
Long to Plant and
leasehold property machinery
£    £    £   
COST OR VALUATION
At 1 October 2023 372,484 60,090 2,820,879
Additions - - 29,854
Disposals - - -
At 30 September 2024 372,484 60,090 2,850,733
DEPRECIATION
At 1 October 2023 119,786 60,090 1,897,419
Charge for year 4,599 - 194,092
Eliminated on disposal - - -
At 30 September 2024 124,385 60,090 2,091,511
NET BOOK VALUE
At 30 September 2024 248,099 - 759,222
At 30 September 2023 252,698 - 923,460

Dutton Engineering (Woodside) Limited (Registered number: 01732907)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

5. TANGIBLE FIXED ASSETS - continued

Office
Motor equipment
vehicles & furniture Totals
£    £    £   
COST OR VALUATION
At 1 October 2023 101,168 202,093 3,556,714
Additions 8,595 - 38,449
Disposals (19,793 ) - (19,793 )
At 30 September 2024 89,970 202,093 3,575,370
DEPRECIATION
At 1 October 2023 101,168 198,542 2,377,005
Charge for year 716 2,071 201,478
Eliminated on disposal (19,793 ) - (19,793 )
At 30 September 2024 82,091 200,613 2,558,690
NET BOOK VALUE
At 30 September 2024 7,879 1,480 1,016,680
At 30 September 2023 - 3,551 1,179,709

Cost or valuation at 30 September 2024 is represented by:

Improvements
Long to Plant and
leasehold property machinery
£    £    £   
Valuation in 1997 26,588 - -
Cost 345,896 60,090 2,850,733
372,484 60,090 2,850,733

Office
Motor equipment
vehicles & furniture Totals
£    £    £   
Valuation in 1997 - - 26,588
Cost 89,970 202,093 3,548,782
89,970 202,093 3,575,370

Dutton Engineering (Woodside) Limited (Registered number: 01732907)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

5. TANGIBLE FIXED ASSETS - continued

If leasehold property had not been revalued it would have been included at the following historical cost:

30.9.24 30.9.23
£    £   
Cost 345,896 345,896
Aggregate depreciation 115,521 111,251

6. STOCKS
30.9.24 30.9.23
£    £   
Stocks 30,017 31,346
Work-in-progress 69,041 98,998
99,058 130,344

7. DEBTORS
30.9.24 30.9.23
£    £   
Amounts falling due within one year:
Trade debtors 549,267 432,729
Other debtors 511 1,092
Directors' current accounts 11,279 11,279
Tax 5,979 5,979
VAT - 9,073
Prepayments & accrued income 61,771 66,853
628,807 527,005

Amounts falling due after more than one year:
Tax 2,820 2,820

Aggregate amounts 631,627 529,825

8. CURRENT ASSET INVESTMENTS
30.9.24 30.9.23
£    £   
Unlisted investments 318,304 -

Dutton Engineering (Woodside) Limited (Registered number: 01732907)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Hire purchase contracts 82,095 106,654
Trade creditors 347,601 509,935
Tax 50,644 6,772
Social security and other taxes 23,650 18,938
VAT 49,013 -
Other creditors 25,518 34,578
Accruals and deferred income 141,779 130,350
720,300 807,227

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Hire purchase contracts - 82,095

11. SECURED DEBTS

The following secured debts are included within creditors:

30.9.24 30.9.23
£    £   
Hire purchase contracts 82,095 188,749

Amounts due under hire purchase contracts are secured over the assets to which they relate.

12. RESERVES
Revaluation
reserve
£   
At 1 October 2023 18,051
Realisation of revaluation
reserve (329 )

At 30 September 2024 17,722

13. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Andrew Robert Upton FCCA (Senior Statutory Auditor)
for and on behalf of Collett Hulance Accountants Limited

Dutton Engineering (Woodside) Limited (Registered number: 01732907)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

14. OTHER FINANCIAL COMMITMENTS

The company's leasehold premises are held under a long-term lease which is due to expire on 25 March 2079. The ground rent is subject to 10 yearly reviews and is currently payable at £44,560 per annum.

15. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

30.9.24 30.9.23
£    £   
A J Read
Balance outstanding at start of year 11,279 11,279
Amounts advanced - 15,000
Amounts repaid - (15,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 11,279 11,279

The loan is interest free and there are no fixed terms for repayment.