REGISTERED NUMBER: 06047479 (England and Wales)

Financial Statements

for the Year Ended 31 December 2024

for

Derek Warwick Developments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D Warwick

L M Macklin

G R Macklin

SECRETARY:

G R Macklin

REGISTERED OFFICE:

The Old Post Office

41-43 Market Place

Chippenham

Wiltshire

SN15 3HR

REGISTERED NUMBER:

06047479 (England and Wales)

ACCOUNTANTS:

Mander Duffill

Chartered Accountants

The Old Post Office

41-43 Market Place

Chippenham

Wiltshire

SN15 3HR

FIXED ASSETS

Tangible assets

4

3,557

7,250

CURRENT ASSETS

Stocks

385,765

-

Debtors

5

805,163

800,874

Cash at bank

1,754

771

1,192,682

801,645

CREDITORS

Amounts falling due within one year

6

983,524

579,186

NET CURRENT ASSETS

209,158

222,459

TOTAL ASSETS LESS CURRENT LIABILITIES

212,715

229,709

PROVISIONS FOR LIABILITIES

889

1,812

NET ASSETS

211,826

227,897

CAPITAL AND RESERVES

Called up share capital

101

101

Retained earnings

211,725

227,796

SHAREHOLDERS' FUNDS

211,826

227,897

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 30 September 2025 and were signed on its behalf by:

G R Macklin - Director

L M Macklin - Director

D Warwick - Director

1.	STATUTORY INFORMATION

Derek Warwick Developments 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 represents net invoiced sales of contracts.

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 etc

-

25% on cost

Stocks

Stocks have been valued at the lower of cost and estimated selling price less costs to sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacture or completion.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

26,189

Disposals

(9,975

)

At 31 December 2024

16,214

DEPRECIATION

At 1 January 2024

18,939

Charge for year

1,918

Eliminated on disposal

(8,200

)

At 31 December 2024

12,657

NET BOOK VALUE

At 31 December 2024

3,557

At 31 December 2023

7,250

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

730,933

730,742

Other debtors

74,230

70,132

805,163

800,874

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

31,061

12,485

Other creditors

952,463

566,701

983,524

579,186

7.	ULTIMATE CONTROLLING PARTY

The controlling party is DLG Investments Ltd.

The registered office address of DLG Investments Ltd is The Old Post Office, 41-43 Market Place, Chippenham, Wiltshire SN15 3HR.