REGISTERED NUMBER: 11517669 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

DP FABRICATORS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D Holmes

P Rhodes

REGISTERED OFFICE:

Unit 2 Ripley Close

Normanton Industrial Estate

Normanton

WF6 1TB

REGISTERED NUMBER:

11517669 (England and Wales)

ACCOUNTANTS:

Fortus Limited

3 Park Square East

Leeds

LS1 2NE

FIXED ASSETS

Tangible assets

4

342,241

258,967

Investment property

5

241,858

241,858

584,099

500,825

CURRENT ASSETS

Stocks

154,494

146,913

Debtors

6

1,739,148

917,601

Investments

7

66,526

44,300

Cash at bank and in hand

40,474

64,644

2,000,642

1,173,458

CREDITORS

Amounts falling due within one year

8

1,229,704

676,669

NET CURRENT ASSETS

770,938

496,789

TOTAL ASSETS LESS CURRENT LIABILITIES

1,355,037

997,614

CREDITORS

Amounts falling due after more than one year

9

(104,559

)

(105,925

)

PROVISIONS FOR LIABILITIES

(58,099

)

(46,154

)

NET ASSETS

1,192,379

845,535

CAPITAL AND RESERVES

Called up share capital

11

2

2

Retained earnings

12

1,192,377

845,533

SHAREHOLDERS' FUNDS

1,192,379

845,535

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 2 October 2025 and were signed on its behalf by:

D Holmes - Director

P Rhodes - Director

1.	STATUTORY INFORMATION

DP Fabricators 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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

-

20% on reducing balance and 15% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2023 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 September 2023

327,839

20,672

416

348,927

Additions

-

139,569

-

139,569

At 31 August 2024

327,839

160,241

416

488,496

DEPRECIATION

At 1 September 2023

81,186

8,543

231

89,960

Charge for year

36,332

19,963

-

56,295

At 31 August 2024

117,518

28,506

231

146,255

NET BOOK VALUE

At 31 August 2024

210,321

131,735

185

342,241

At 31 August 2023

246,653

12,129

185

258,967

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

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 September 2023

53,169

13,395

66,564

Additions

-

75,000

75,000

At 31 August 2024

53,169

88,395

141,564

DEPRECIATION

At 1 September 2023

10,574

7,452

18,026

Charge for year

-

18,750

18,750

At 31 August 2024

10,574

26,202

36,776

NET BOOK VALUE

At 31 August 2024

42,595

62,193

104,788

At 31 August 2023

42,595

5,943

48,538

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2023

and 31 August 2024

241,858

NET BOOK VALUE

At 31 August 2024

241,858

At 31 August 2023

241,858

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

763,670

353,618

Amounts owed by related party

274,900

-

Tax recoverable

175,546

31,899

VAT

29,707

10,089

Prepayments

495,325

521,995

1,739,148

917,601

7.	CURRENT ASSET INVESTMENTS

2024

2023

£

£

Short term investment

66,526

44,300

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other loans (see note 10)

12,000

12,000

Hire purchase contracts

50,331

50,331

Trade creditors

557,616

266,752

Corporation tax

133,834

-

Social security and other taxes

-

11,342

Amounts owed to related party undertaking

-

241,000

Directors' current accounts

362,679

-

Accruals and deferred income

113,244

95,244

1,229,704

676,669

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Other loans (see note 10)

4,519

15,136

Hire purchase contracts

100,040

90,789

104,559

105,925

10.

LOANS

An analysis of the maturity of loans is given below:

2024

2023

£

£

Amounts falling due within one year or on demand:

Bank loan

12,000

12,000

Amounts falling due between two and five years:

Loan creditor

4,519

15,136

The bank loan represents a loan under HM Government Coronavirus Business Bounce Back Loan Scheme. The loan carries an interest rate of 2.5% per annum and it is repayable in accordance with the rules of the scheme.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

2

Ordinary

£1

2

2

12.

RESERVES

Retained

earnings

£

At 1 September 2023

845,533

Profit for the year

346,844

At 31 August 2024

1,192,377

13.	RELATED PARTY DISCLOSURES

During the year the company was charged £24,300 (2023: £24,300) by Solo Cladding Services Limited D Holmes is the director of Solo Cladding Services Limited.

During the year the company made recharges on an arms length basis to D&P Projects limited amounting to £355,000 (2023: £450,000).

At 31 August 2024 the company was owed a sum of £274,900 from D&P Projects Limited.

At 31 August 2023 the company owed D&P Projects Limited a sum of £241,000. D Holmes and P Rhodes are directors of D&P Projects.

14.	ULTIMATE CONTROLLING PARTY

The directors consider there to be no ultimate controlling party.