Company registration number 08489196 (England and Wales)
DJR NATIONWIDE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
DJR NATIONWIDE LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
DJR NATIONWIDE LIMITED
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
18,964
28,486
Current assets
Debtors
4
42,682
65,981
Cash at bank and in hand
11,107
18,480
53,789
84,461
Creditors: amounts falling due within one year
5
(47,270)
(43,095)
Net current assets
6,519
41,366
Total assets less current liabilities
25,483
69,852
Creditors: amounts falling due after more than one year
6
(13,976)
(31,033)
Net assets
11,507
38,819
Capital and reserves
Called up share capital
7
1
1
Profit and loss reserves
11,506
38,818
Total equity
11,507
38,819
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 10 July 2025
Mr D J Riley
Director
Company Registration No. 08489196
DJR NATIONWIDE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -
1
Accounting policies
Company information
DJR Nationwide Limited is a private company limited by shares incorporated in England and Wales. The registered office is 274 Willows Lane, Accrington, Lancs, BB5 0NJ.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company.
The financial statements have been prepared under the historical cost convention and the principal accounting policies adopted are set out below.
1.2
Going concern
The director is not aware of any material uncertainties affecting the company and considers that the company will have sufficient resources to continue trading for the foreseeable future. As a result the director has continued to adopt the going concern basis in preparing the financial statements.true
1.3
Turnover
Turnover represents amounts receivable for services provided.
1.4
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation.
Depreciation is recognised so as to write off the cost of assets less their residual values over their useful lives on the following bases:
Plant and machinery
15% reducing balance
Motor vehicles
25% reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
1.5
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts.
1.6
Taxation
The tax expense represents the sum of the tax currently payable.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
DJR NATIONWIDE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 3 -
1.7
Leases
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciated over the shorter of the lease term and their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2025
2024
Number
Number
Total
2
2
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2024
72,575
Disposals
(14,250)
At 31 March 2025
58,325
Depreciation and impairment
At 1 April 2024
44,089
Depreciation charged in the year
6,192
Eliminated in respect of disposals
(10,920)
At 31 March 2025
39,361
Carrying amount
At 31 March 2025
18,964
At 31 March 2024
28,486
Tangible fixed assets includes assets held under finance leases or hire purchase contracts, as follows:
2025
2024
£
£
Motor vehicles
9,219
12,291
Depreciation charge for the year in respect of leased assets
3,073
4,097
DJR NATIONWIDE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 4 -
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
23,686
14,462
Other debtors
18,996
51,519
42,682
65,981
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
17,908
11,883
Trade creditors
4,156
4,958
Taxation and social security
14,085
13,630
Other creditors
11,121
12,624
47,270
43,095
An amount of £4,998 (2024 - £4,998) is included in other creditors in connection with a hire purchase obligation. Net obligations due under hire purchase contracts are secured with fixed charges on the assets concerned.
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
12,727
24,786
Obligations under hire purchase contracts
1,249
6,247
13,976
31,033
7
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary share of £1 each
1
1
1
1
8
Operating lease commitments
DJR NATIONWIDE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
8
Operating lease commitments
(Continued)
- 5 -
At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:
2025
2024
£
£
Total commitments
11,685
17,455
9
Directors' transactions
During the year the director operated a loan account with the company and, at the balance sheet date, owed an amount of £18,996 to the company (2024 - £51,519). Interest has been charged on the outstanding balance.