REGISTERED NUMBER: 07870920 (England and Wales)

D & R Cutting & Dismantling Ltd

Unaudited Financial Statements for the Year Ended 31st December 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G Robinson

M A Robinson

Miss J Booker

V Robinson

REGISTERED OFFICE:

Deepdale

Skinningrove

Saltburn by the Sea

CLEVELAND

TS13 4AP

REGISTERED NUMBER:

07870920 (England and Wales)

ACCOUNTANTS:

DRAYCOTT & KIRK LLP

Cleveland House

92 Westgate

Guisborough

CLEVELAND

TS14 6AP

FIXED ASSETS

Tangible assets

4

23,525

31,366

CURRENT ASSETS

Stocks

5,000

5,000

Debtors

5

380,664

305,996

Cash in hand

590

590

386,254

311,586

CREDITORS

Amounts falling due within one year

6

296,943

227,321

NET CURRENT ASSETS

89,311

84,265

TOTAL ASSETS LESS CURRENT LIABILITIES

112,836

115,631

CREDITORS

Amounts falling due after more than one year

7

13,094

21,364

NET ASSETS

99,742

94,267

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

99,740

94,265

SHAREHOLDERS' FUNDS

99,742

94,267

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 30th September 2025 and were signed on its behalf by:

G Robinson - Director

1.	STATUTORY INFORMATION

D & R Cutting & Dismantling Ltd 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 etc

-

33% on cost and 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 Income Statement, 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 20 (2023 - 18 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st January 2024

and 31st December 2024

143,719

DEPRECIATION

At 1st January 2024

112,353

Charge for year

7,841

At 31st December 2024

120,194

NET BOOK VALUE

At 31st December 2024

23,525

At 31st December 2023

31,366

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

Plant and

machinery

etc

£

COST

At 1st January 2024

and 31st December 2024

26,000

DEPRECIATION

At 1st January 2024

and 31st December 2024

3,792

NET BOOK VALUE

At 31st December 2024

22,208

At 31st December 2023

22,208

5.

DEBTORS

2024

2023

£

£

Amounts falling due within one year:

Trade debtors

30,986

37,018

Other debtors

342,314

261,614

373,300

298,632

Amounts falling due after more than one year:

Other debtors

7,364

7,364

Aggregate amounts

380,664

305,996

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

9,726

13,368

Trade creditors

104,927

59,932

Taxation and social security

29,712

24,721

Other creditors

152,578

129,300

296,943

227,321

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Hire purchase contracts

13,094

21,364

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is G & V Robinson..