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REGISTERED NUMBER: 07820956 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 SEPTEMBER 2024

FOR

DTW TOOLS AND MACHINERY LIMITED

DTW TOOLS AND MACHINERY LIMITED (REGISTERED NUMBER: 07820956)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 28 September 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DTW TOOLS AND MACHINERY LIMITED

COMPANY INFORMATION
for the Year Ended 28 September 2024







DIRECTOR: P Chappell





REGISTERED OFFICE: Unit 1, Adlington Central Business Park
Railway View
Adlington
Chorley
Lancashire
PR7 4AY





REGISTERED NUMBER: 07820956 (England and Wales)





ACCOUNTANTS: Studholme-Bell Limited
Chartered Accountants
& Business Advisors
Vantage House
3 East Terrace Business Park
Euxton Lane, Euxton
Chorley
Lancashire
PR7 6TB

DTW TOOLS AND MACHINERY LIMITED (REGISTERED NUMBER: 07820956)

BALANCE SHEET
28 September 2024

28.9.24 28.9.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 50,833 39,872
Tangible assets 5 457,969 215,210
508,802 255,082

CURRENT ASSETS
Stocks 666,172 421,000
Cash at bank 272,901 421,549
939,073 842,549
CREDITORS
Amounts falling due within one year 6 748,590 549,977
NET CURRENT ASSETS 190,483 292,572
TOTAL ASSETS LESS CURRENT
LIABILITIES

699,285

547,654

CREDITORS
Amounts falling due after more than one
year

7

(15,940

)

(28,960

)

PROVISIONS FOR LIABILITIES (90,499 ) (35,160 )
NET ASSETS 592,846 483,534

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 592,844 483,532
592,846 483,534

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 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.

DTW TOOLS AND MACHINERY LIMITED (REGISTERED NUMBER: 07820956)

BALANCE SHEET - continued
28 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 13 June 2025 and were signed by:





P Chappell - Director


DTW TOOLS AND MACHINERY LIMITED (REGISTERED NUMBER: 07820956)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 28 September 2024


1. STATUTORY INFORMATION

DTW Tools And Machinery 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.

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.

Computer software is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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

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.

DTW TOOLS AND MACHINERY LIMITED (REGISTERED NUMBER: 07820956)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 September 2024


2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Computer
software
£   
COST
At 29 September 2023 39,872
Additions 14,948
At 28 September 2024 54,820
AMORTISATION
Amortisation for year 3,987
At 28 September 2024 3,987
NET BOOK VALUE
At 28 September 2024 50,833
At 28 September 2023 39,872

DTW TOOLS AND MACHINERY LIMITED (REGISTERED NUMBER: 07820956)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 September 2024


5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 29 September 2023 52,031 30,600 135,130
Additions 268,007 - 4,246
At 28 September 2024 320,038 30,600 139,376
DEPRECIATION
At 29 September 2023 - 2,495 54,238
Charge for year 5,203 1,321 12,134
At 28 September 2024 5,203 3,816 66,372
NET BOOK VALUE
At 28 September 2024 314,835 26,784 73,004
At 28 September 2023 52,031 28,105 80,892

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 29 September 2023 90,627 4,475 312,863
Additions - - 272,253
At 28 September 2024 90,627 4,475 585,116
DEPRECIATION
At 29 September 2023 39,566 1,354 97,653
Charge for year 10,212 624 29,494
At 28 September 2024 49,778 1,978 127,147
NET BOOK VALUE
At 28 September 2024 40,849 2,497 457,969
At 28 September 2023 51,061 3,121 215,210

DTW TOOLS AND MACHINERY LIMITED (REGISTERED NUMBER: 07820956)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 September 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.9.24 28.9.23
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 2,633 13,047
Trade creditors 599,635 369,164
Amounts owed to associates 56,494 41,494
Tax - 33,507
Social security and other taxes - 3,100
VAT 55,457 59,937
Other creditors 22,171 17,978
Accruals and deferred income 2,200 1,750
748,590 549,977

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.9.24 28.9.23
£    £   
Bank loans - 1-2 years 10,000 10,000
Bank loans - 2-5 years 4,169 14,169
Hire purchase contracts - 4,452
Directors Loan Account 1,771 339
15,940 28,960

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £30,000 (2023 - £26,000) were paid to the director .