REGISTERED NUMBER: 04934713 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 DECEMBER 2024

FOR

D G DALE & SON LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Nicholas Ian Dale

James Andrew Dale

Emma Dale

REGISTERED OFFICE:

Unit C & D

Escrick Business Park

Escrick

York

YO19 6ED

REGISTERED NUMBER:

04934713 (England and Wales)

ACCOUNTANTS:

Walter Dawson & Son

Chartered Accountants

First Floor, Unit 12

Pennine Business Park

Longbow Close, Bradley

Huddersfield

West Yorkshire

HD2 1GQ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

637,879

658,734

637,879

658,734

CURRENT ASSETS

Stocks

362,465

386,475

Debtors

6

16,943

26,727

Cash at bank

340

5,611

379,748

418,813

CREDITORS

Amounts falling due within one year

7

353,199

539,592

NET CURRENT ASSETS/(LIABILITIES)

26,549

(120,779

)

TOTAL ASSETS LESS CURRENT LIABILITIES

664,428

537,955

CREDITORS

Amounts falling due after more than one year

8

(461,812

)

(361,043

)

PROVISIONS FOR LIABILITIES

(8,254

)

(9,722

)

NET ASSETS

194,362

167,190

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Profit and loss account

184,362

157,190

194,362

167,190

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 September 2025 and were signed on its behalf by:

Nicholas Ian Dale - Director

1.	STATUTORY INFORMATION

D G Dale & Son 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.

Goodwill

Goodwill has been amortised evenly over its estimated useful life of 10 years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% on cost

Imprvmts to landlord prop

-

2% on cost

Plant and machinery

-

10% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

25% 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.

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.

Hire purchase and leasing commitments

Tangible fixed assets acquired under finance leases or hire purchase contracts are capitalised and depreciated in the same manner as other tangible fixed assets. The related obligations, net of future charges, are included in creditors.

Rentals payable under operating leases are charged to the profit and loss account on a straight line basis over the period of the leases. The benefits of lease incentives are recognised in the profit and loss account over the shorter of the lease period and the period to the next rent review at which the rent is expected to be reset to market rates.

Income recognition

Income is recognised when goods have been delivered to customers such that the risks and rewards of ownership have transferred to them.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 31 December 2023

and 30 December 2024

50,000

AMORTISATION

At 31 December 2023

and 30 December 2024

50,000

NET BOOK VALUE

At 30 December 2024

-

At 30 December 2023

-

5.	TANGIBLE FIXED ASSETS

Imprvmts

to

Freehold

landlord

Plant and

property

prop

machinery

£

£

£

COST

At 31 December 2023

and 30 December 2024

717,265

84,011

107,101

DEPRECIATION

At 31 December 2023

106,579

80,011

66,426

Charge for year

14,345

1,680

4,068

At 30 December 2024

120,924

81,691

70,494

NET BOOK VALUE

At 30 December 2024

596,341

2,320

36,607

At 30 December 2023

610,686

4,000

40,675

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 31 December 2023

and 30 December 2024

3,733

12,933

925,043

DEPRECIATION

At 31 December 2023

3,190

10,103

266,309

Charge for year

54

708

20,855

At 30 December 2024

3,244

10,811

287,164

NET BOOK VALUE

At 30 December 2024

489

2,122

637,879

At 30 December 2023

543

2,830

658,734

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

16,481

25,400

Other debtors

462

1,327

16,943

26,727

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

226,262

240,147

Trade creditors

56,500

66,935

Taxation and social security

43,921

63,901

Other creditors

26,516

168,609

353,199

539,592

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loan

322,731

361,043

Other creditors

139,081

-

461,812

361,043

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

100,958

86,750

Other loans more 5yrs instal

51,725

-

152,683

86,750

9.	LEASING AGREEMENTS

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

2024

2023

£

£

Within one year

18,000

18,000

Between one and five years

45,000

63,000

63,000

81,000

10.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank overdrafts

161,422

164,708

Bank loan

387,571

436,482

548,993

601,190

Interest on the bank loan, which is repayable by monthly instalments, is charged at a commercial rate of interest. The bank loans and overdraft are secured by a charge on the company's assets, freehold buildings, stock.

11.	PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The assets of the pension scheme are held separately from those of the company in an independently administered fund. The pension cost represents contributions payable by the company to the fund and amounted to £5,143 (2023: £5,112). Contributions totalling £437 (2023: £1,979) were payable to the fund at the year end and are included in creditors.