REGISTERED NUMBER: 01878054 (England and Wales)

D.T.D. DAMP PROOFER LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D Palmer

SECRETARY:

T Palmer

REGISTERED OFFICE:

Bedwellty House

Bedwellty Road

New Tredegar

Gwent

NP24 6NH

REGISTERED NUMBER:

01878054 (England and Wales)

ACCOUNTANTS:

Green & Co

Chartered Certified Accountants

Pembroke House

Llantarnam Park Way

Cwmbran

Torfaen

NP44 3AU

FIXED ASSETS

Tangible assets

4

38,878

28,401

CURRENT ASSETS

Stocks

7,800

7,800

Debtors

5

57,077

72,083

Cash at bank and in hand

43,983

63,787

108,860

143,670

CREDITORS

Amounts falling due within one year

6

41,009

57,274

NET CURRENT ASSETS

67,851

86,396

TOTAL ASSETS LESS CURRENT LIABILITIES

106,729

114,797

CREDITORS

Amounts falling due after more than one year

7

(6,132

)

(14,726

)

PROVISIONS FOR LIABILITIES

(2,444

)

(4,101

)

NET ASSETS

98,153

95,970

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

98,053

95,870

SHAREHOLDERS' FUNDS

98,153

95,970

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 24th June 2025 and were signed by:

D Palmer - Director

1.	STATUTORY INFORMATION

D.T.D. Damp Proofer 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.

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.

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

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

15% on reducing balance

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1st February 2024

64,336

42,455

4,068

110,859

Additions

-

21,579

-

21,579

Disposals

-

(12,760

)

-

(12,760

)

At 31st January 2025

64,336

51,274

4,068

119,678

DEPRECIATION

At 1st February 2024

40,120

40,750

1,588

82,458

Charge for year

3,632

5,395

372

9,399

Eliminated on disposal

-

(11,057

)

-

(11,057

)

At 31st January 2025

43,752

35,088

1,960

80,800

NET BOOK VALUE

At 31st January 2025

20,584

16,186

2,108

38,878

At 31st January 2024

24,216

1,705

2,480

28,401

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

Plant and

machinery

£

COST

At 1st February 2024

and 31st January 2025

21,495

DEPRECIATION

At 1st February 2024

5,966

Charge for year

2,329

At 31st January 2025

8,295

NET BOOK VALUE

At 31st January 2025

13,200

At 31st January 2024

15,529

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

45,830

51,046

Other debtors

45

-

Directors' current accounts

11,202

21,037

57,077

72,083

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

5,200

5,200

Hire purchase contracts

3,394

3,138

Trade creditors

4,049

17,493

Corporation Tax

7,968

12,546

Social security and other taxes

-

2,026

VAT

15,431

11,253

Other creditors

600

695

Accruals and deferred income

4,367

4,923

41,009

57,274

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2-5 years

2,167

7,367

Hire purchase contracts

3,965

7,359

6,132

14,726

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

9.	RELATED PARTY DISCLOSURES

The company had an outstanding directors loan account at the year end due from D Palmer of £11,202 (2024 - £21,037).

During the year the company paid rent of £7,200 (2024 - £7,200) to D Palmer (director and shareholder of the company) for the use of freehold property owned by them. The lease is under a formal contract terms and has an independently verified rent review every three years.