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REGISTERED NUMBER: 01983787 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

D.P.T. Snooker Services Limited

D.P.T. Snooker Services Limited (Registered number: 01983787)






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.P.T. Snooker Services Limited

Company Information
for the Year Ended 30 September 2024







DIRECTOR: J P Underwood





REGISTERED OFFICE: Challenger House
Wakefield Road
Bootle
Liverpool
Merseyside
L30 6TZ





REGISTERED NUMBER: 01983787 (England and Wales)





ACCOUNTANTS: Topping & Company
Chartered Accountants
209 Liverpool Road
Birkdale
Southport
Merseyside
PR8 4PH

D.P.T. Snooker Services Limited (Registered number: 01983787)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 216,682 811,224

CURRENT ASSETS
Stocks 150,000 250,000
Debtors 5 20,258 79,176
Cash at bank and in hand 464,794 992,203
635,052 1,321,379
CREDITORS
Amounts falling due within one year 6 419,501 1,287,970
NET CURRENT ASSETS 215,551 33,409
TOTAL ASSETS LESS CURRENT
LIABILITIES

432,233

844,633

CREDITORS
Amounts falling due after more than one
year

7

-

(13,624

)

PROVISIONS FOR LIABILITIES (54,170 ) (69,362 )
NET ASSETS 378,063 761,647

CAPITAL AND RESERVES
Called up share capital 410 410
Share premium 11,990 11,990
Retained earnings 365,663 749,247
SHAREHOLDERS' FUNDS 378,063 761,647

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 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.

D.P.T. Snooker Services Limited (Registered number: 01983787)

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 5 June 2025 and were signed by:





J P Underwood - Director


D.P.T. Snooker Services Limited (Registered number: 01983787)

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

1. STATUTORY INFORMATION

D.P.T. Snooker Services Limited is a private company, limited by shares, registered in England and Wales (registered number 01983787). The address of the registered office is Challenger House, Wakefield Road, Bootle, Liverpool, Merseyside, L30 6TZ.

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.

The company's functional and presentational currency is GBP.

Revenue
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. In addition, revenue from the sale of goods is recognised when the company has transferred the significant risks and rewards of ownership to the buyer and it is probable that the company will receive the consideration due under the transaction. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates and value added tax.

Tangible fixed assets
All tangible assets are initially recorded at cost. Cost includes all expenditure directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner included by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:-

Freehold Property- 2% on cost
Plant & Machinery- 20% reducing balance
Fixtures & Fittings- 15% reducing balance
Motor Vehicles- 25% reducing balance
Office Equipment- 15% reducing balance

At each reporting date the company's tangible assets are reviewed to determine whether there is an indication that an asset may be impaired. If there is an indication of possible impairment, the recoverable amount of any asset or related group of assets, which is the higher of value in use and the fair value less cost to sell, is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in profit or loss.

If an impairment loss is subsequently reversed, the carrying amount of the asset or group of related assets is increased to the revised estimate of its recoverable amount, but not to exceed the amount that would have been determined had no impairment loss been recognised for the asset or group of assets in prior periods. A reversal of an impairment loss is recognised immediately in profit or loss.

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

At each reporting date the carrying value of the company's stocks assets are reviewed to determine whether there is an indication that the carrying value of the company's stocks may be impaired.


D.P.T. Snooker Services Limited (Registered number: 01983787)

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

2. ACCOUNTING POLICIES - continued
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 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.

Foreign currencies
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 rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors receivable and payable.

Financial assets that are measured at cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Short term debtors are measured at transaction price, less any impairment.

Short term creditors are measured at the transaction price. Other financial liabilities are measured at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Financial assets are derecognised when the rights to receive cash flows from the asset have expired. Provision is made when there is objective evidence that the company will not be able to collect certain debts. Bad debts are written off when identified. Financial liabilities are derecognised when the obligations under the liability is discharged, cancelled or expires.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2023 - 17 ) .

D.P.T. Snooker Services Limited (Registered number: 01983787)

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

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 October 2023 720,354 1,284,719 2,005,073
Disposals (720,354 ) - (720,354 )
At 30 September 2024 - 1,284,719 1,284,719
DEPRECIATION
At 1 October 2023 186,576 1,007,273 1,193,849
Charge for year - 60,764 60,764
Eliminated on disposal (186,576 ) - (186,576 )
At 30 September 2024 - 1,068,037 1,068,037
NET BOOK VALUE
At 30 September 2024 - 216,682 216,682
At 30 September 2023 533,778 277,446 811,224


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 20,258 79,176

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Hire purchase contracts 15,400 30,587
Trade creditors 92,958 187,381
Amounts owed to group undertakings 50,339 934,304
Taxation and social security 175,646 81,138
Other creditors 85,158 54,560
419,501 1,287,970

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Hire purchase contracts - 13,624

8. RELATED PARTY DISCLOSURES

During the year ended 30 September 2024 the Company paid dividends totalling £900,000 (2023: £NIL) to its parent undertaking, Underwood Holdings (NW) Limited.

During the year ended 30 September 2024 the Company paid rents totalling £100,000 (2023: £NIL) to its parent undertaking, Underwood Holdings (NW) Limited.

D.P.T. Snooker Services Limited (Registered number: 01983787)

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

9. CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS

The preparation of the financial statements, in conformity with generally accepted accounting principles, requires the use of estimates and judgements that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Although these estimates are based on the directors' best knowledge of current events and results, actual results ultimately may differ from those estimates.

In preparing these financial statements the directors reviewed the company's closing stocks, as at 30 September 2024, and valuations to ensure that the company's stocks are satisfactory recorded within the income statement and balance sheet at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

The directors do not consider there to be any additional estimates and judgements in connection with the preparation of the company's year ended 30 September 2024 financial statements that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities at the balance sheet date of 30 September 2024.