DEMPSTER PIPEWORK FABRICATION LTD


Directors	BARTON, Graham
	MCCARTHY, Jason


Registered Address	The Old Granary
	Dunton Road
	Basildon
	SS15 4DB


Registered Number	13065175 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	3		24,830		34,179
			24,830		34,179
Current assets
Debtors		305,709		241,703
Cash at bank and on hand		312,449		228,308
		618,158		470,011
Creditors amounts falling due within one year	4	(256,520)		(225,982)
Net current assets (liabilities)			361,638		244,029
Total assets less current liabilities			386,468		278,208
Creditors amounts falling due after one year	5		(1,196)		(823)
Net assets			385,272		277,385
Capital and reserves
Called up share capital			100		100
Profit and loss account			385,172		277,285
Shareholders' funds			385,272		277,385

The company was entitled to exemption from audit for this reporting period 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 Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 16 June 2025, and are signed on its behalf by:

BARTON, Graham
Director
Registered Company No. 13065175

DEMPSTER PIPEWORK FABRICATION LTD

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

2.	Average number of employees


		2024		2023
	Average number of employees during the year	4		4

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 January 24	58,986
	Additions	3,060
	At 31 December 24	62,046
	Depreciation and impairment
	At 01 January 24	24,807
	Charge for year	12,409
	At 31 December 24	37,216
	Net book value
	At 31 December 24	24,830
	At 31 December 23	34,179

4.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	14,242	19,658
Taxation and social security	240,778	204,824
Accrued liabilities and deferred income	1,500	1,500
Total	256,520	225,982


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

5.	Creditors: amounts due after one year

	2024	2023
	£	£
Other creditors	1,196	823
Total	1,196	823