Registration number:
DJB Installs Ltd
for the Year Ended 31 March 2025
DJB Installs Ltd
(Registration number: 07920585)
Balance Sheet as at 31 March 2025
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Note |
2025 |
2024 |
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Fixed assets |
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Tangible assets |
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Current assets |
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Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current assets/(liabilities) |
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( |
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Total assets less current liabilities |
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Provisions for liabilities |
( |
( |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Retained earnings |
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Shareholders' funds |
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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:
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• |
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• |
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)
.........................................
Mr D J Buckley
Director
DJB Installs Ltd
Statement of Changes in Equity for the Year Ended 31 March 2025
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Share capital |
Profit and loss account |
Total |
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At 1 April 2024 |
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Profit for the year |
- |
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Total comprehensive income |
- |
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Contribution to EOT |
- |
(1,200,000) |
(1,200,000) |
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At 31 March 2025 |
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Share capital |
Proffit and loss account |
Total |
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At 1 April 2023 |
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Profit for the year |
- |
4,458,699 |
4,458,699 |
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Total comprehensive income |
- |
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Dividends |
- |
( |
( |
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Contribution to EOT |
- |
(6,100,000) |
(6,100,000) |
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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
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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
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)
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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:
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Asset class |
Depreciation method and rate |
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Office equipment |
3 year straight line |
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Furniture and fittings |
20% reducing balance |
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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
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Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
DJB Installs Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)
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Tangible assets |
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Fixtures and fittings |
Office equipment |
Motor vehicles |
Total |
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Cost |
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At 1 April 2024 |
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Additions |
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- |
- |
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Disposals |
- |
- |
( |
( |
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At 31 March 2025 |
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- |
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Depreciation |
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At 1 April 2024 |
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Charge for the year |
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- |
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Eliminated on disposal |
- |
- |
( |
( |
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At 31 March 2025 |
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- |
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Carrying amount |
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At 31 March 2025 |
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- |
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At 31 March 2024 |
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DJB Installs Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)
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Debtors |
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2025 |
2024 |
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Trade debtors |
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Prepayments |
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Other debtors |
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Creditors |
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31 March |
31 March |
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Trade creditors |
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790,702 |
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Taxation and social security |
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1,539,862 |
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Accruals and deferred income |
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777,350 |
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Other creditors |
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110,169 |
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3,090,134 |
3,218,083 |
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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.