REGISTERED NUMBER: 07090860 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

D2 Industrial Ltd

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

Mr J R M Grierson

Mr A Mcclean

REGISTERED OFFICE:

Unit 32 Millstone Works

Atlas Way

Sheffield

S4 7QQ

REGISTERED NUMBER:

07090860 (England and Wales)

ACCOUNTANTS:

Landin Wilcock & Co

Chartered Accountants

68 Queen Street

Sheffield

South Yorkshire

S1 1WR

The following reproduces the text of the report prepared for the directors 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 Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Directors' Report 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 D2 Industrial Ltd for the year ended 31 December 2024 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, 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 Board of Directors of D2 Industrial Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of D2 Industrial Ltd and state those matters that we have agreed to state to the Board of Directors of D2 Industrial Ltd, as a body, 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 D2 Industrial Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that D2 Industrial Ltd 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 profit of D2 Industrial Ltd. You consider that D2 Industrial Ltd 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 D2 Industrial Ltd. 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.

Landin Wilcock & Co

Chartered Accountants

68 Queen Street

Sheffield

South Yorkshire

S1 1WR

8 September 2025

FIXED ASSETS

Tangible assets

4

-

22,344

CURRENT ASSETS

Stocks

5

-

131,271

Debtors

6

122,463

99,062

Cash at bank and in hand

-

86,779

122,463

317,112

CREDITORS

Amounts falling due within one year

7

-

(211,408

)

NET CURRENT ASSETS

122,463

105,704

TOTAL ASSETS LESS CURRENT LIABILITIES

122,463

128,048

PROVISIONS FOR LIABILITIES

-

(5,585

)

NET ASSETS

122,463

122,463

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

122,363

122,363

122,463

122,463

The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 8 September 2025 and were signed on its behalf by:

Mr J R M Grierson - Director

1.	STATUTORY INFORMATION

D2 Industrial Ltd 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.

The company was dormant throughout the year ended 31 December 2024. However, reference to information relating to the year ended 31 December 2023 has been made where appropriate.

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 the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

10% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

straight line over 3 years

Tangible fixed assets are initially measured at cost. Subsequently, they are measured at cost less accumulated depreciation and impairment losses.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Financial assets and financial liabilities are recognised when the company becomes party to the contractual provisions of the instrument. Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the asset of the company after deducting all of its liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

28,508

8,616

32,895

6,255

76,274

Disposals

(28,508

)

(8,616

)

(32,895

)

(6,255

)

(76,274

)

At 31 December 2024

-

-

-

-

-

DEPRECIATION

At 1 January 2024

24,562

892

26,339

2,137

53,930

Eliminated on disposal

(24,562

)

(892

)

(26,339

)

(2,137

)

(53,930

)

At 31 December 2024

-

-

-

-

-

NET BOOK VALUE

At 31 December 2024

-

-

-

-

-

At 31 December 2023

3,946

7,724

6,556

4,118

22,344

5.

STOCKS

2024

2023

£

£

Stocks

-

131,271

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

-

91,694

Amounts owed by group undertakings

122,463

-

Other debtors

-

7,368

122,463

99,062

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

-

94,228

Amounts owed to group undertakings

-

88,086

Taxation and social security

-

18,702

Other creditors

-

10,392

-

211,408

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2024

2023

£

£

Within one year

-

18,000

Between one and five years

-

43,500

-

61,500