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REGISTERED NUMBER: 02994462 (England and Wales)












D.& D. ENGINEERING (LINCS.) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025






D.& D. ENGINEERING (LINCS.) LIMITED (REGISTERED NUMBER: 02994462)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


D.& D. ENGINEERING (LINCS.) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2025







DIRECTORS: A Darby
S Darby





REGISTERED OFFICE: Block B Dowlands Business Park
Manby
Louth
Lincolnshire
LN11 8UX





REGISTERED NUMBER: 02994462 (England and Wales)





ACCOUNTANTS: Dexter & Sharpe
Chartered Certified Accountants
Rollestone House
20-22 Bridge Street
Horncastle
Lincolnshire
LN9 5HZ

D.& D. ENGINEERING (LINCS.) LIMITED (REGISTERED NUMBER: 02994462)

STATEMENT OF FINANCIAL POSITION
31 JANUARY 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 3 292,428 265,430

CURRENT ASSETS
Inventories 18,000 15,000
Debtors 4 395,564 416,418
Cash at bank and in hand 199,535 344,669
613,099 776,087
CREDITORS
Amounts falling due within one year 5 249,911 390,893
NET CURRENT ASSETS 363,188 385,194
TOTAL ASSETS LESS CURRENT
LIABILITIES

655,616

650,624

CREDITORS
Amounts falling due after more than one year 6 (64,464 ) (55,074 )

PROVISIONS FOR LIABILITIES (61,772 ) (61,765 )
NET ASSETS 529,380 533,785

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 529,280 533,685
SHAREHOLDERS' FUNDS 529,380 533,785

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 July 2025 and were signed on its behalf by:





A Darby - Director


D.& D. ENGINEERING (LINCS.) LIMITED (REGISTERED NUMBER: 02994462)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025


1. 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
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Property, plant and equipment
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 5% on reducing balance
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 15% on reducing balance

Inventories
Inventories 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 Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Grants received
Grants received are released to the profit and loss account on a straight line basis of 10 years.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2024 - 20 ) .

D.& D. ENGINEERING (LINCS.) LIMITED (REGISTERED NUMBER: 02994462)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025


3. PROPERTY, PLANT AND EQUIPMENT
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 February 2024 8,919 199,644 4,274
Additions - 80,028 -
Disposals - (27,245 ) -
At 31 January 2025 8,919 252,427 4,274
DEPRECIATION
At 1 February 2024 1,272 90,205 973
Charge for year 382 20,987 495
Eliminated on disposal - (24,795 ) -
At 31 January 2025 1,654 86,397 1,468
NET BOOK VALUE
At 31 January 2025 7,265 166,030 2,806
At 31 January 2024 7,647 109,439 3,301

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 February 2024 180,169 11,595 404,601
Additions 25,992 1,698 107,718
Disposals (27,160 ) - (54,405 )
At 31 January 2025 179,001 13,293 457,914
DEPRECIATION
At 1 February 2024 41,205 5,516 139,171
Charge for year 41,373 1,043 64,280
Eliminated on disposal (13,170 ) - (37,965 )
At 31 January 2025 69,408 6,559 165,486
NET BOOK VALUE
At 31 January 2025 109,593 6,734 292,428
At 31 January 2024 138,964 6,079 265,430

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 266,616 344,495
Amounts owed by group undertakings 70,245 -
Other debtors 58,703 71,923
395,564 416,418

D.& D. ENGINEERING (LINCS.) LIMITED (REGISTERED NUMBER: 02994462)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 8,835 24,066
Hire purchase contracts 38,980 10,317
Trade creditors 113,263 149,419
Taxation and social security 36,297 97,931
Other creditors 52,536 109,160
249,911 390,893

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Hire purchase contracts 64,464 55,074

7. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Hire purchase contracts 103,444 65,391