DJB Installs Ltd 07920585 false 2024-04-01 2025-03-31 2025-03-31 The principal activity of the company is energy saving insulation contractor. Digita Accounts Production Advanced 6.30.9574.0 true 07920585 2024-04-01 2025-03-31 07920585 2025-03-31 07920585 core:RetainedEarningsAccumulatedLosses 2025-03-31 07920585 core:ShareCapital 2025-03-31 07920585 core:CurrentFinancialInstruments 2025-03-31 07920585 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 07920585 core:FurnitureFittings 2025-03-31 07920585 core:MotorVehicles 2025-03-31 07920585 core:OfficeEquipment 2025-03-31 07920585 bus:SmallEntities 2024-04-01 2025-03-31 07920585 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 07920585 bus:FilletedAccounts 2024-04-01 2025-03-31 07920585 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 07920585 bus:Director1 2024-04-01 2025-03-31 07920585 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07920585 core:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31 07920585 core:ShareCapital 2024-04-01 2025-03-31 07920585 core:ComputerEquipment 2024-04-01 2025-03-31 07920585 core:FurnitureFittings 2024-04-01 2025-03-31 07920585 core:MotorVehicles 2024-04-01 2025-03-31 07920585 core:OfficeEquipment 2024-04-01 2025-03-31 07920585 1 2024-04-01 2025-03-31 07920585 countries:AllCountries 2024-04-01 2025-03-31 07920585 2024-03-31 07920585 core:RetainedEarningsAccumulatedLosses 2024-03-31 07920585 core:ShareCapital 2024-03-31 07920585 core:FurnitureFittings 2024-03-31 07920585 core:MotorVehicles 2024-03-31 07920585 core:OfficeEquipment 2024-03-31 07920585 2023-04-01 2024-03-31 07920585 2024-03-31 07920585 core:RetainedEarningsAccumulatedLosses 2024-03-31 07920585 core:ShareCapital 2024-03-31 07920585 core:CurrentFinancialInstruments 2024-03-31 07920585 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 07920585 core:FurnitureFittings 2024-03-31 07920585 core:MotorVehicles 2024-03-31 07920585 core:OfficeEquipment 2024-03-31 07920585 core:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 07920585 core:ShareCapital 2023-04-01 2024-03-31 07920585 2023-03-31 07920585 core:RetainedEarningsAccumulatedLosses 2023-03-31 07920585 core:ShareCapital 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 07920585

DJB Installs Ltd

Unaudited Financial Statements

for the Year Ended 31 March 2025

 

DJB Installs Ltd

(Registration number: 07920585)

Balance Sheet as at 31 March 2025

Note

2025
£

2024
£

Fixed assets

 

Tangible assets

3

20,742

19,182

Current assets

 

Stocks

872,646

969,445

Debtors

4

716,721

1,634,824

Cash at bank and in hand

 

4,245,501

606,537

 

5,834,868

3,210,806

Creditors: Amounts falling due within one year

5

(3,090,134)

(3,218,083)

Net current assets/(liabilities)

 

2,744,734

(7,277)

Total assets less current liabilities

 

2,765,476

11,905

Provisions for liabilities

(5,186)

(4,795)

Net assets

 

2,760,290

7,110

Capital and reserves

 

Called up share capital

1

1

Retained earnings

2,760,289

7,109

Shareholders' funds

 

2,760,290

7,110

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Director's Report and the Profit and Loss Account has been taken.

 

DJB Installs Ltd

(Registration number: 07920585)

Balance Sheet as at 31 March 2025 (continued)

These financial statements, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A Small Entities, were approved and authorised for issue by the director on 28 July 2025
 

.........................................

Mr D J Buckley

Director

 

DJB Installs Ltd

Statement of Changes in Equity for the Year Ended 31 March 2025

Share capital
£

Profit and loss account
£

Total
£

At 1 April 2024

1

7,109

7,110

Profit for the year

-

3,953,180

3,953,180

Total comprehensive income

-

3,953,180

3,953,180

Contribution to EOT

-

(1,200,000)

(1,200,000)

At 31 March 2025

1

2,760,289

2,760,290

Share capital
£

Proffit and loss account
£

Total
£

At 1 April 2023

1

1,698,410

1,698,411

Profit for the year

-

4,458,699

4,458,699

Total comprehensive income

-

4,458,699

4,458,699

Dividends

-

(50,000)

(50,000)

Contribution to EOT

-

(6,100,000)

(6,100,000)

At 31 March 2024

1

7,109

7,110

 

DJB Installs Ltd

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

1

Accounting policies

Statutory information

DJB Installs Ltd is a private company, limited by shares, domiciled in England and Wales, company number 07920585. The registered office is at 2 Fifth Avenue, Doncaster Airport, Doncaster, DN9 3GF .

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The presentation currency is United Kingdom pounds sterling, which is the functional currency of the company. The financial statements are those of an individual entity.

Disclosure of long or short period

The company's financial statements are prepared to 5 April 2025, which is a date within the seven-day window either side of the Accounting Reference Date of 31 March 2025.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

 

DJB Installs Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

1

Accounting policies (continued)

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

3 year straight line

Furniture and fittings

20% reducing balance

Motor vehicles

25% reducing balance

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Employee Ownership Trust

The company has an Employee Ownership Trust ("EOT"). The assets and liabilities of the EOT are consolidated within the company's financial statements. In the event of a winding up of the company, neither the shareholders nor the creditors would be entilted to the assets of the EOT.

Any income or expenditure incurred by the EOT is recognised in the company's financial statements.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the statement of comprehensive income.

2

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 25 (2024 - 17).

 

DJB Installs Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

3

Tangible assets

Fixtures and fittings
£

Office equipment
£

Motor vehicles
 £

Total
£

Cost

At 1 April 2024

5,604

31,002

2,500

39,106

Additions

13,996

-

-

13,996

Disposals

-

-

(2,500)

(2,500)

At 31 March 2025

19,600

31,002

-

50,602

Depreciation

At 1 April 2024

322

19,211

391

19,924

Charge for the year

2,198

8,129

-

10,327

Eliminated on disposal

-

-

(391)

(391)

At 31 March 2025

2,520

27,340

-

29,860

Carrying amount

At 31 March 2025

17,080

3,662

-

20,742

At 31 March 2024

5,282

11,791

2,109

19,182

 

DJB Installs Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

4

Debtors

2025
£

2024
£

Trade debtors

395,340

1,271,465

Prepayments

41,806

33,663

Other debtors

279,575

329,696

 

716,721

1,634,824

5

Creditors

31 March
2025
£

31 March
2024
£

Trade creditors

441,137

790,702

Taxation and social security

802,990

1,539,862

Accruals and deferred income

1,799,158

777,350

Other creditors

46,849

110,169

3,090,134

3,218,083

6

Employee Ownership Trust

The company has established the DJB Installs Employee Ownership Trust ( the "EOT") as part of the company's employee incentive arrangements. The EOT has acquired the share in the company and this is held in trust for the employees.

During 2024 £1,200,000 was gifted to the EOT from the company.