IRIS Accounts Production v25.1.3.33 07502355 director 1.2.24 31.1.25 31.1.25 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh075023552024-01-31075023552025-01-31075023552024-02-012025-01-31075023552023-01-31075023552023-02-012024-01-31075023552024-01-3107502355ns15:EnglandWales2024-02-012025-01-3107502355ns14:PoundSterling2024-02-012025-01-3107502355ns10:Director12024-02-012025-01-3107502355ns10:PrivateLimitedCompanyLtd2024-02-012025-01-3107502355ns10:SmallEntities2024-02-012025-01-3107502355ns10:AuditExemptWithAccountantsReport2024-02-012025-01-3107502355ns10:SmallCompaniesRegimeForAccounts2024-02-012025-01-3107502355ns10:FullAccounts2024-02-012025-01-3107502355ns10:RegisteredOffice2024-02-012025-01-3107502355ns5:CurrentFinancialInstruments2025-01-3107502355ns5:CurrentFinancialInstruments2024-01-3107502355ns5:Non-currentFinancialInstruments2025-01-3107502355ns5:Non-currentFinancialInstruments2024-01-3107502355ns5:ShareCapital2025-01-3107502355ns5:ShareCapital2024-01-3107502355ns5:RetainedEarningsAccumulatedLosses2025-01-3107502355ns5:RetainedEarningsAccumulatedLosses2024-01-3107502355ns5:PlantMachinery2024-02-012025-01-3107502355ns5:FurnitureFittings2024-02-012025-01-3107502355ns5:MotorVehicles2024-02-012025-01-3107502355ns5:ComputerEquipment2024-02-012025-01-3107502355ns5:PlantMachinery2024-01-3107502355ns5:FurnitureFittings2024-01-3107502355ns5:MotorVehicles2024-01-3107502355ns5:ComputerEquipment2024-01-3107502355ns5:PlantMachinery2025-01-3107502355ns5:FurnitureFittings2025-01-3107502355ns5:MotorVehicles2025-01-3107502355ns5:ComputerEquipment2025-01-3107502355ns5:PlantMachinery2024-01-3107502355ns5:FurnitureFittings2024-01-3107502355ns5:MotorVehicles2024-01-3107502355ns5:ComputerEquipment2024-01-3107502355ns5:CurrentFinancialInstrumentsns5:WithinOneYear2025-01-3107502355ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-01-31075023551ns10:Director12024-01-31075023551ns10:Director12023-01-31075023551ns10:Director12024-02-012025-01-31075023551ns10:Director12023-02-012024-01-31075023551ns10:Director12025-01-31075023551ns10:Director12024-01-31
REGISTERED NUMBER: 07502355 (England and Wales)















DIRECT DUCTING LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025






DIRECT DUCTING LIMITED (REGISTERED NUMBER: 07502355)

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










Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


DIRECT DUCTING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2025







DIRECTOR: Mr P.J. Hickman





REGISTERED OFFICE: 15-17 Church Street
Stourbridge
West Midlands
DY8 1LU





REGISTERED NUMBER: 07502355 (England and Wales)





ACCOUNTANTS: Folkes Worton LLP
15-17 Church Street
Stourbridge
West Midlands
DY8 1LU

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
DIRECT DUCTING LIMITED (REGISTERED NUMBER: 07502355)


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Direct Ducting Limited for the year ended 31 January 2025 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Direct Ducting Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Direct Ducting Limited and state those matters that we have agreed to state to the director of Direct Ducting Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Direct Ducting Limited and its director for our work or for this report.

It is your duty to ensure that Direct Ducting Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Direct Ducting Limited. You consider that Direct Ducting Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Direct Ducting Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Folkes Worton LLP
15-17 Church Street
Stourbridge
West Midlands
DY8 1LU


11 August 2025

DIRECT DUCTING LIMITED (REGISTERED NUMBER: 07502355)

STATEMENT OF FINANCIAL POSITION
31 JANUARY 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 15,301 15,093

CURRENT ASSETS
Stocks 205,240 205,240
Debtors 5 274,116 299,294
Cash at bank 25,259 3,871
504,615 508,405
CREDITORS
Amounts falling due within one year 6 490,119 481,975
NET CURRENT ASSETS 14,496 26,430
TOTAL ASSETS LESS CURRENT
LIABILITIES

29,797

41,523

CREDITORS
Amounts falling due after more than one
year

7

4,409

14,806
NET ASSETS 25,388 26,717

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 25,288 26,617
SHAREHOLDERS' FUNDS 25,388 26,717

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 director acknowledges his 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.

DIRECT DUCTING LIMITED (REGISTERED NUMBER: 07502355)

STATEMENT OF FINANCIAL POSITION - continued
31 JANUARY 2025


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 August 2025 and were signed by:





Mr P.J. Hickman - Director


DIRECT DUCTING LIMITED (REGISTERED NUMBER: 07502355)

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


1. STATUTORY INFORMATION

Direct Ducting Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. 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
Turnover represents net sales of goods/services, excluding value added tax

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks 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 Income Statement, 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
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.

DIRECT DUCTING LIMITED (REGISTERED NUMBER: 07502355)

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


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 11 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 February 2024 65,478 3,875 22,453 1,715 93,521
Additions 4,550 - - - 4,550
At 31 January 2025 70,028 3,875 22,453 1,715 98,071
DEPRECIATION
At 1 February 2024 58,654 3,875 14,265 1,634 78,428
Charge for year 2,275 - 2,047 20 4,342
At 31 January 2025 60,929 3,875 16,312 1,654 82,770
NET BOOK VALUE
At 31 January 2025 9,099 - 6,141 61 15,301
At 31 January 2024 6,824 - 8,188 81 15,093

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 256,728 287,074
Other debtors 17,388 12,220
274,116 299,294

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 10,397 10,140
Trade creditors 143,300 135,958
Taxation and social security 99,115 101,734
Other creditors 237,307 234,143
490,119 481,975

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans 4,409 14,806

DIRECT DUCTING LIMITED (REGISTERED NUMBER: 07502355)

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


8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2025 and 31 January 2024:

2025 2024
£    £   
Mr P.J. Hickman
Balance outstanding at start of year - -
Amounts advanced 4,166 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 4,166 -