Company Registration No. 04810485 (England and Wales)
Dolphin Stairlifts (North East) Limited
Unaudited accounts
for the year ended 31 December 2024
Dolphin Stairlifts (North East) Limited
Unaudited accounts
Contents
Dolphin Stairlifts (North East) Limited
Company Information
for the year ended 31 December 2024
Directors
Stephen Smith
Mary Smith
Company Number
04810485 (England and Wales)
Registered Office
Unit 16f
Airport Industrial Estate
Kingston Park
NE3 2EF
Dolphin Stairlifts (North East) Limited
Statement of financial position
as at 31 December 2024
Tangible assets
81,457
97,349
Inventories
130,000
70,000
Cash at bank and in hand
6,098
38,571
Creditors: amounts falling due within one year
(235,648)
(261,411)
Net current assets
484,068
416,311
Total assets less current liabilities
565,625
513,760
Creditors: amounts falling due after more than one year
(252,355)
(120,006)
Provisions for liabilities
Deferred tax
(15,477)
(18,496)
Net assets
297,793
375,258
Called up share capital
100
100
Profit and loss account
297,693
375,158
Shareholders' funds
297,793
375,258
For the year ending 31 December 2024 the company was entitled to exemption from audit 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by
Stephen Smith
Director
Company Registration No. 04810485
Dolphin Stairlifts (North East) Limited
Notes to the Accounts
for the year ended 31 December 2024
Dolphin Stairlifts (North East) Limited is a private company, limited by shares, registered in England and Wales, registration number 04810485. The registered office is Unit 16f, Airport Industrial Estate, Kingston Park, NE3 2EF.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% - Straight Line
Fixtures & fittings
33% - Straight Line
Computer equipment
50% - Straight Line
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Dolphin Stairlifts (North East) Limited
Notes to the Accounts
for the year ended 31 December 2024
Investments in shares are included at fair value.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
The company is a wholly owned subsidiary of Depend Group Limited. No consolidated financial statements have been prepared as the companies form part of a small group.
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Tangible fixed assets
Total
At 31 December 2024
223,445
Charge for the year
29,540
At 31 December 2024
141,988
At 31 December 2024
81,457
At 31 December 2023
97,349
The ultimate parent company is Depend Group Limited a company incorporated in England and Wales. Depend Group Limited Limited's financial statements may be obtained from Unit 16f, Airport Industrial Estate, Kingston Park, NE3 2EF.
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Average number of employees
During the year the average number of employees was 7 (2023: 7).