REGISTERED NUMBER: 09917693 (England and Wales)

D P CABLE JOINTING LIMITED

Unaudited Financial Statements

for the Year Ended 31 December 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

V J Page

D Page

SECRETARY:

D Page

REGISTERED OFFICE:

16 Castle Ivor Street

Hopkinstown

Pontypridd

Mid Glamorgan

CF37 2PY

REGISTERED NUMBER:

09917693 (England and Wales)

ACCOUNTANTS:

Xeinadin South Wales & West Limited

Accountants & Business Advisors

Suite 1

Brecon House

Llantarnam Park

Cwmbran

NP44 3AB

FIXED ASSETS

Tangible assets

4

297,572

361,853

Investments

5

50,000

50,000

347,572

411,853

CURRENT ASSETS

Debtors

6

859,588

685,932

Cash at bank and in hand

325,644

399,407

1,185,232

1,085,339

CREDITORS

Amounts falling due within one year

7

393,674

304,871

NET CURRENT ASSETS

791,558

780,468

TOTAL ASSETS LESS CURRENT LIABILITIES

1,139,130

1,192,321

CREDITORS

Amounts falling due after more than one year

8

(5,165

)

(15,165

)

PROVISIONS FOR LIABILITIES

9

(74,393

)

(85,108

)

NET ASSETS

1,059,572

1,092,048

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

1,059,570

1,092,046

1,059,572

1,092,048

The company is entitled to exemption from audit under Section 477 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 10 September 2025 and were signed on its behalf by:

D Page - Director

1.	STATUTORY INFORMATION

D P Cable Jointing 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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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.

Plant and machinery

-

25% on cost

Fixtures and fittings

-

20% on cost

Computer equipment

-

20% on cost

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.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 13 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2024

705,462

75,692

6,352

787,506

Additions

111,500

-

-

111,500

Disposals

(32,850

)

-

-

(32,850

)

At 31 December 2024

784,112

75,692

6,352

866,156

DEPRECIATION

At 1 January 2024

398,072

22,662

4,919

425,653

Charge for year

142,053

9,978

482

152,513

Eliminated on disposal

(9,582

)

-

-

(9,582

)

At 31 December 2024

530,543

32,640

5,401

568,584

NET BOOK VALUE

At 31 December 2024

253,569

43,052

951

297,572

At 31 December 2023

307,390

53,030

1,433

361,853

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 January 2024

and 31 December 2024

50,000

NET BOOK VALUE

At 31 December 2024

50,000

At 31 December 2023

50,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

436,521

481,550

Amounts owed by group undertakings

356,959

62,202

Other debtors

66,108

142,180

859,588

685,932

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

10,000

10,000

Hire purchase contracts

-

1,485

Trade creditors

210,743

122,648

Taxation and social security

162,993

150,364

Other creditors

9,938

20,374

393,674

304,871

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

5,165

15,165

9.	PROVISIONS FOR LIABILITIES

31.12.24

31.12.23

£

£

Deferred tax

74,393

85,108

Deferred

tax

£

Balance at 1 January 2024

85,108

Provided during year

(10,715

)

Balance at 31 December 2024

74,393

10.	ULTIMATE CONTROLLING PARTY

The company's ultimate parent undertaking at the balance sheet date was D P Cable Holdings Limited, a company incorporated in the United Kingdom. The principal place of business is 16 Castle Ivor Street, Pontypridd, UK, CF37 2PY.