Direct Engineering Holdings Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 16018891

Direct Engineering Holdings Ltd

Filleted Unaudited Abridged Financial Statements

31 January 2025

Direct Engineering Holdings Ltd

Abridged Financial Statements

Period Ended 31 January 2025

Contents	Page

Abridged statement of financial position	1

Notes to the abridged financial statements	3

Direct Engineering Holdings Ltd

Abridged Statement of Financial Position

31 January 2025

	2025
Note	£	£

Fixed Assets

Investments	4		2,320,880

Current Assets

Cash at bank and in hand	40

Creditors: amounts falling due within one year	201,200
	---------
Net Current Liabilities		201,160
		------------
Total Assets Less Current Liabilities		2,119,720

Creditors: amounts falling due after more than one year		550,000
		------------
Net Assets		1,569,720
		------------

Capital and Reserves

Called up share capital	5	40
Profit and loss account		1,569,680
		------------
Shareholders Funds		1,569,720
		------------

These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the abridged statement of comprehensive income has not been delivered.

For the period ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its abridged financial statements for the period in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .

All of the members have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the period ending 31 January 2025 in accordance with Section 444(2A) of the Companies Act 2006.

Direct Engineering Holdings Ltd

Abridged Statement of Financial Position (continued)

31 January 2025

These abridged financial statements were approved by the board of directors and authorised for issue on 28 August 2025 , and are signed on behalf of the board by:

Mrs L Clifford

Director

Company registration number: 16018891

Direct Engineering Holdings Ltd

Notes to the Abridged Financial Statements

Period Ended 31 January 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Highland Place, Foxwood Industrial Park, Chesterfield, S41 9RN, England.

2. Statement of compliance

These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity. Consolidation The company has taken advantage of the option not to prepare consolidated abridged financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group. Investments Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Impairment of fixed assets A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

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

4. Investments

	£
Cost
At 1 February 2024	–
Additions	2,320,880
	------------
At 31 January 2025	2,320,880
	------------
Impairment
At 1 February 2024 and 31 January 2025	–
	------------
Carrying amount
At 31 January 2025	2,320,880
	------------

5. Called up share capital

Issued, called up and fully paid

	2025
	No.	£
Ordinary A shares of £ 1 each	1	1
Ordinary B shares of £ 1 each	20	20
Ordinary C shares of £ 1 each	19	19
	----	----
	40	40
	----	----