Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31false2024-01-01false5No description of principal activity6truefalse 08114649 2024-01-01 2024-12-31 08114649 2023-01-01 2023-12-31 08114649 2024-12-31 08114649 2023-12-31 08114649 1 2024-01-01 2024-12-31 08114649 d:Director4 2024-01-01 2024-12-31 08114649 c:CurrentFinancialInstruments 2024-12-31 08114649 c:CurrentFinancialInstruments 2023-12-31 08114649 c:CurrentFinancialInstruments c:WithinOneYear 2024-12-31 08114649 c:CurrentFinancialInstruments c:WithinOneYear 2023-12-31 08114649 c:ReportableOperatingSegment2 2024-01-01 2024-12-31 08114649 c:ReportableOperatingSegment2 2023-01-01 2023-12-31 08114649 c:ShareCapital 2024-12-31 08114649 c:ShareCapital 2023-12-31 08114649 c:RetainedEarningsAccumulatedLosses 2024-12-31 08114649 c:RetainedEarningsAccumulatedLosses 2023-12-31 08114649 d:OrdinaryShareClass1 2024-01-01 2024-12-31 08114649 d:OrdinaryShareClass1 2024-12-31 08114649 d:OrdinaryShareClass1 2023-12-31 08114649 d:FRS102 2024-01-01 2024-12-31 08114649 d:Audited 2024-01-01 2024-12-31 08114649 d:FullAccounts 2024-01-01 2024-12-31 08114649 d:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 08114649 d:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 08114649 e:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 08114649









DBD CONTRACTING LIMITED









FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

 
DBD CONTRACTING LIMITED
REGISTERED NUMBER: 08114649

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 7 
873,378
1,044,531

Cash at bank and in hand
 8 
1,141
852

  
874,519
1,045,383

Creditors: amounts falling due within one year
 9 
-
(161,986)

Net current assets
  
 
 
874,519
 
 
883,397

Total assets less current liabilities
  
874,519
883,397

  

Net assets
  
874,519
883,397


Capital and reserves
  

Called up share capital 
 10 
628,700
628,700

Profit and loss account
  
245,819
254,697

  
874,519
883,397


The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 


C S Crouch
Director

Date: 15 July 2025

The notes on pages 2 to 7 form part of these financial statements.

Page 1

 
DBD CONTRACTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

DBD Contracting Limited is a private company limited by shares, incorporated in England and Wales. The address of the registered office is DBD Building, Unit B, Hemel Gateway, Hemel Hempstead, Hertfordshire, England, HP2 7GY. The principal activity of the company continued to be that of other construction installation.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements are prepared on the going concern basis.

 
2.3

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. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 2

 
DBD CONTRACTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

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

 
2.8

Financial liabilities

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loan from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Turnover

An analysis of turnover by class of business is as follows:


2024
2023
£
£

Other construction installation
(256)
-

(256)
-


All turnover arose within the United Kingdom.

Page 3

 
DBD CONTRACTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

4.


Employees

The average monthly number of employees, including the Directors, during the year was as follows:


        2024
        2023
            No.
            No.







Directors
5
6

None of the Directors received remuneration from the Company (2023: £Nil). The Directors acting during
the year and the previous year were remunerated by other DBD group companies. The services to this Company are of a non-executive nature and their emoluments are deemed to be wholly attributable to their services to other group companies. Accordingly, no further emoluments details are disclosed in this Company's Financial Statements.


5.


Interest payable and similar expenses

2024
2023
£
£


Other interest payable
45
25


6.


Taxation


2024
2023
£
£



Total current tax
-
-

Deferred tax

Total deferred tax
-
-


Taxation on profit on ordinary activities
-
-
Page 4

 
DBD CONTRACTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
 
6.Taxation (continued)


Factors affecting tax charge for the year

The tax assessed for the year is higher than (2023 - higher than) the standard rate of corporation tax in the UK of 25% (2023 - 19%). The differences are explained below:

2024
2023
£
£


Loss on ordinary activities before tax
(8,878)
(6,376)


Loss on ordinary activities multiplied by standard rate of corporation tax in the UK of 25% (2023 - 19%)
(2,220)
(1,211)

Effects of:


Unrelieved tax losses carried forward
-
1,211

Group relief
2,220
-

Total tax charge for the year
-
-


Factors that may affect future tax charges

There were no factors that may affect future tax charges.

Page 5

 
DBD CONTRACTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

7.


Debtors

2024
2023
£
£


Trade debtors
-
(410)

Amounts owed by group undertakings
873,078
1,019,518

Other debtors
300
25,423

873,378
1,044,531



8.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
1,141
852



9.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
-
159,310

Accruals and deferred income
-
2,676

-
161,986


Page 6

 
DBD CONTRACTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

10.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



628,700 (2023 - 628,700) Ordinary shares of £1.00 each
628,700
628,700

The Company has one class of Ordinary share which is entitled to one vote in any circumstances. Each share is entitled pari passu to dividend payments or any other distribution. Each share is entitled pari passu to participate in a distribution arising from a winding up of the company. There has been no change in share capital in 2024 or 2023.



11.


Post balance sheet events

On 28 March 2025 there was a group restructure and as a result there is no ultimate controlling party from that date.


12.


Controlling party

During the year and for the previous year the immediate and ultimate parent undertaking was DBD Enterprises Limited, a company incorporated in England and Wales. The ultimate controlling party was S D Firth-Bernard by virtue of his majority shareholding in DBD Enterprises Limited.  However after the year end there has been a restructuring as disclosed in note 13.
DBD Enterprises Limited is the head of the largest and smallest group for which consolidated financial statements are produced. Copies of the consolidated financial statements are publicly available at Companies House.


13.


Auditors' information

The auditors' report on the financial statements for the year ended 31 December 2024 was unqualified.

The audit report was signed on 24 July 2025 by Elizabeth Wicks (Senior statutory auditor) on behalf of Moore Kingston Smith LLP.

 
Page 7