IRIS Accounts Production v25.2.0.378 05616081 Board of Directors 1.12.23 30.11.24 30.11.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh056160812023-11-30056160812024-11-30056160812023-12-012024-11-30056160812022-11-30056160812022-12-012023-11-30056160812023-11-3005616081ns15:EnglandWales2023-12-012024-11-3005616081ns14:PoundSterling2023-12-012024-11-3005616081ns10:Director12023-12-012024-11-3005616081ns10:PrivateLimitedCompanyLtd2023-12-012024-11-3005616081ns10:SmallEntities2023-12-012024-11-3005616081ns10:AuditExempt-NoAccountantsReport2023-12-012024-11-3005616081ns10:SmallCompaniesRegimeForDirectorsReport2023-12-012024-11-3005616081ns10:SmallCompaniesRegimeForAccounts2023-12-012024-11-3005616081ns10:FullAccounts2023-12-012024-11-3005616081ns10:Director22023-12-012024-11-3005616081ns10:CompanySecretary12023-12-012024-11-3005616081ns10:RegisteredOffice2023-12-012024-11-3005616081ns5:CurrentFinancialInstruments2024-11-3005616081ns5:CurrentFinancialInstruments2023-11-3005616081ns5:Non-currentFinancialInstruments2024-11-3005616081ns5:Non-currentFinancialInstruments2023-11-3005616081ns5:ShareCapital2024-11-3005616081ns5:ShareCapital2023-11-3005616081ns5:RetainedEarningsAccumulatedLosses2024-11-3005616081ns5:RetainedEarningsAccumulatedLosses2023-11-3005616081ns5:PlantMachinery2023-12-012024-11-3005616081ns5:MotorVehicles2023-12-012024-11-3005616081ns5:ComputerEquipment2023-12-012024-11-3005616081ns5:PlantMachinery2023-11-3005616081ns5:PlantMachinery2024-11-3005616081ns5:PlantMachinery2023-11-3005616081ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-12-012024-11-3005616081ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-11-3005616081ns5:WithinOneYearns5:CurrentFinancialInstruments2024-11-3005616081ns5:WithinOneYearns5:CurrentFinancialInstruments2023-11-30
REGISTERED NUMBER: 05616081 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

D2D PROJECTS LIMITED

D2D PROJECTS LIMITED (REGISTERED NUMBER: 05616081)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


D2D PROJECTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTORS: S Kysel
T Kosa





SECRETARY: T Kosa





REGISTERED OFFICE: 5 Oakwood Avenue
Mitcham
Surrey
CR4 3DQ





REGISTERED NUMBER: 05616081 (England and Wales)





ACCOUNTANTS: Hartley Fowler LLP
Chartered Accountants
4th Floor Tuition House
27-37 St George's Road
Wimbledon
London
SW19 4EU

D2D PROJECTS LIMITED (REGISTERED NUMBER: 05616081)

BALANCE SHEET
30 NOVEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 20,743 1,673

CURRENT ASSETS
Stocks 11,500 10,000
Debtors 5 114,101 100,442
Cash at bank 6,095 52,932
131,696 163,374
CREDITORS
Amounts falling due within one year 6 137,273 142,543
NET CURRENT (LIABILITIES)/ASSETS (5,577 ) 20,831
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,166

22,504

CREDITORS
Amounts falling due after more than one
year

7

18,846

14,442
NET (LIABILITIES)/ASSETS (3,680 ) 8,062

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (3,682 ) 8,060
SHAREHOLDERS' FUNDS (3,680 ) 8,062

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 August 2025 and were signed on its behalf by:



S Kysel - Director


D2D PROJECTS LIMITED (REGISTERED NUMBER: 05616081)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024


1. STATUTORY INFORMATION

D2D Projects 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Going concern
Due to the ongoing support of the company's principal shareholders the director believes that it is appropriate to prepare the financial statements on the going concern basis, which assumes that the company will continue in operational existence for the forseeable future.

If the company were unable to continue in operational existence for the forseeable future, adjustments would be necessary to reduce the balance sheet value of assets to their recoverable amounts, and to provide for further liabilities that might arise, and to reclassify fixed assets and long term liabilities as current assets and liabilities.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 balance sheet date.


D2D PROJECTS LIMITED (REGISTERED NUMBER: 05616081)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

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.

Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivables or payables within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit or loss account in other administrative expenses.

Impairment
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

D2D PROJECTS LIMITED (REGISTERED NUMBER: 05616081)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2023 43,723
Additions 24,055
Disposals (10,919 )
At 30 November 2024 56,859
DEPRECIATION
At 1 December 2023 42,050
Charge for year 4,937
Eliminated on disposal (10,871 )
At 30 November 2024 36,116
NET BOOK VALUE
At 30 November 2024 20,743
At 30 November 2023 1,673

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
Additions 23,116
At 30 November 2024 23,116
DEPRECIATION
Charge for year 4,335
At 30 November 2024 4,335
NET BOOK VALUE
At 30 November 2024 18,781

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 15,164 10,512
Amounts owed by group undertakings 83,825 80,191
Other debtors 15,112 9,739
114,101 100,442

D2D PROJECTS LIMITED (REGISTERED NUMBER: 05616081)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 11,582 18,039
Hire purchase contracts 3,502 -
Trade creditors 14,958 9,061
Taxation and social security 51,593 26,133
Other creditors 55,638 89,310
137,273 142,543

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 3,446 14,442
Hire purchase contracts 15,400 -
18,846 14,442

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the company owed T Kosa £27,359 (2023: £46,228). This loan is unsecured, non interest bearing and has no repayment terms.

At the balance sheet date the company owed S Kysel £20,179 (2023: £36,805). This loan is unsecured, non interest bearing and has no repayment terms.

9. RELATED PARTY DISCLOSURES

During the year the company paid dividends of £Nil (2023: £30,000) to D2D Holdings Limited, the parent company of D2D Projects Limited.

At the balance sheet date the company was owed £83,825 (2023: £80,192) by D2D Holdings Limited. The loan is unsecured, non interest bearing and repayable on demand.

10. ULTIMATE CONTROLLING PARTY

The parent company D2D Holdings Limited is jointly controlled by the directors.