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REGISTERED NUMBER: 03743045 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 March 2025

for

D B MOULDINGS LIMITED

D B MOULDINGS LIMITED (REGISTERED NUMBER: 03743045)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

D B MOULDINGS LIMITED

Company Information
for the Year Ended 31 March 2025







DIRECTORS: D Furlong
Mrs G L Furlong



SECRETARY: Mrs G L Furlong



REGISTERED OFFICE: 6 Goitra Coed Isaf
Incline Top
Abercynon
Rhondda Cynon Taff
CF45 4EL



REGISTERED NUMBER: 03743045 (England and Wales)



ACCOUNTANTS: James de Frias
Chartered Accountants
Llanover House
Llanover Road
Pontypridd
Rhondda Cynon Taff
CF37 4DY



BANKERS: Barclays Bank
Pontypridd Business Centre
South Wales Valleys Group
PO Box No 32
Pontypridd
Mid Glamorgan
CF37 4YA

D B MOULDINGS LIMITED (REGISTERED NUMBER: 03743045)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 36,000 54,000
Tangible assets 5 560,560 549,667
596,560 603,667

CURRENT ASSETS
Stocks 6 30,996 42,812
Debtors 7 492,480 527,392
Cash at bank and in hand 334,218 236,234
857,694 806,438
CREDITORS
Amounts falling due within one year 8 287,850 310,170
NET CURRENT ASSETS 569,844 496,268
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,166,404

1,099,935

CREDITORS
Amounts falling due after more than one
year

9

(7,505

)

(42,403

)

PROVISIONS FOR LIABILITIES (78,492 ) (72,919 )

ACCRUALS AND DEFERRED INCOME (44,000 ) (43,625 )
NET ASSETS 1,036,407 940,988

CAPITAL AND RESERVES
Called up share capital 10,050 10,050
Retained earnings 1,026,357 930,938
SHAREHOLDERS' FUNDS 1,036,407 940,988

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 B MOULDINGS LIMITED (REGISTERED NUMBER: 03743045)

Balance Sheet - continued
31 March 2025


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 9 July 2025 and were signed on its behalf by:





D Furlong - Director


D B MOULDINGS LIMITED (REGISTERED NUMBER: 03743045)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

D B Mouldings 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.
Freehold property - 2% on cost
Plant and machinery - 20% on cost
Motor vehicles - 20% on cost

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.

Research and development
Expenditure on research and development is written off in accordance with the depreciation policy of the Company's machines and the treatment of the grant received by amortising over 5 years.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2024 - 17 ) .

D B MOULDINGS LIMITED (REGISTERED NUMBER: 03743045)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. INTANGIBLE FIXED ASSETS
Development
Goodwill costs Totals
£    £    £   
COST
At 1 April 2024
and 31 March 2025 96,000 15,522 111,522
AMORTISATION
At 1 April 2024 42,000 15,522 57,522
Amortisation for year 18,000 - 18,000
At 31 March 2025 60,000 15,522 75,522
NET BOOK VALUE
At 31 March 2025 36,000 - 36,000
At 31 March 2024 54,000 - 54,000

5. TANGIBLE FIXED ASSETS
Freehold Plant and Motor
property machinery vehicles Totals
£    £    £    £   
COST
At 1 April 2024 281,465 894,936 59,655 1,236,056
Additions - 120,875 - 120,875
Disposals - (43,389 ) - (43,389 )
At 31 March 2025 281,465 972,422 59,655 1,313,542
DEPRECIATION
At 1 April 2024 46,393 601,843 38,153 686,389
Charge for year 5,630 90,409 8,058 104,097
Eliminated on disposal - (37,504 ) - (37,504 )
At 31 March 2025 52,023 654,748 46,211 752,982
NET BOOK VALUE
At 31 March 2025 229,442 317,674 13,444 560,560
At 31 March 2024 235,072 293,093 21,502 549,667

6. STOCKS
31.3.25 31.3.24
£    £   
Stocks 30,996 42,812

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 324,532 369,752
Amounts recoverable on contract 140,903 125,169
Other debtors 5,286 5,821
Inter Company 16,635 21,354
Directors' current accounts - 172
Prepayments 5,124 5,124
492,480 527,392

D B MOULDINGS LIMITED (REGISTERED NUMBER: 03743045)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts 30,042 36,667
Trade creditors 136,967 168,019
Taxation and social security 114,882 102,834
Other creditors 5,959 2,650
287,850 310,170

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans 7,505 42,403

10. SECURED DEBTS

The following secured debts are included within creditors:

31.3.25 31.3.24
£    £   
Bank loans 37,547 79,070

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25 31.3.24
£    £   
D Furlong
Balance outstanding at start of year 172 (1,523 )
Amounts advanced 21,619 26,695
Amounts repaid (25,000 ) (25,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (3,209 ) 172

12. RELATED PARTY NOTE

T2 Solutions UK Limited
A Company in which Mr Furlong is a shareholder.

During the year the Company sold items to D B Mouldings Limited totalling £127,794 (2024: £130,376).

Amount due from related party as at 31st March 2025 was £16,635 (2024: £21,354).

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
D B Mouldings Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of D B Mouldings Limited for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of D B Mouldings Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of D B Mouldings Limited and state those matters that we have agreed to state to the Board of Directors of D B Mouldings Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than D B Mouldings Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that D B Mouldings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of D B Mouldings Limited. You consider that D B Mouldings Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of D B Mouldings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






James de Frias
Chartered Accountants
Llanover House
Llanover Road
Pontypridd
Rhondda Cynon Taff
CF37 4DY


10 July 2025