Company Registration No. 09365141 (England and Wales)
DLM Electrical Ltd
Unaudited accounts
for the year ended 31 December 2024
DLM Electrical Ltd
Unaudited accounts
Contents
DLM Electrical Ltd
Company Information
for the year ended 31 December 2024
Company Number
09365141 (England and Wales)
Registered Office
29 STONEBEACH RISE
ST LEONARDS ON SEA
EAST SUSSEX
TN38 8EN
Accountants
Walsh Accountancy Services Ltd
37 St Margarets Road
St Leonards On Sea
East Sussex
TN37 6EH
DLM Electrical Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
10,494
20,992
Cash at bank and in hand
11,123
33,728
Creditors: amounts falling due within one year
(11,323)
(42,282)
Net current liabilities
(200)
(8,554)
Total assets less current liabilities
10,294
12,438
Creditors: amounts falling due after more than one year
(6,642)
(10,937)
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
1,500
1,500
Shareholders' funds
1,501
1,501
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 August 2025 and were signed on its behalf by
Mr D McLaughlin
Director
Company Registration No. 09365141
DLM Electrical Ltd
Notes to the Accounts
for the year ended 31 December 2024
DLM Electrical Ltd is a private company, limited by shares, registered in England and Wales, registration number 09365141. The registered office is 29 STONEBEACH RISE, ST LEONARDS ON SEA, EAST SUSSEX, TN38 8EN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on cost
4
Tangible fixed assets
Plant & machinery
At 31 December 2024
41,990
Charge for the year
10,498
At 31 December 2024
31,496
At 31 December 2024
10,494
At 31 December 2023
20,992
DLM Electrical Ltd
Notes to the Accounts
for the year ended 31 December 2024
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
12,864
6,682
Loans from directors
(1,541)
35,600
6
Creditors: amounts falling due after more than one year
2024
2023
Bounce back loan - repayment starts July 2021
7
Deferred taxation
2024
2023
Accelerated capital allowances
2,151
-
Charged to the profit and loss account
2,151
-
Provision at end of year
2,151
-
A deferred tax liability of £2,151 (2024: £nil) has been recognised in respect of accelerated capital allowances, including enhanced allowances. Deferred tax has been calculated using an effective rate of 20.5%, being the rate of corporation tax expected to apply when the timing differences reverse. This liability will reverse as the assets are depreciated for accounting purposes.
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).