DCG Building Services Limited 31/01/2025 iXBRL

Company registration number: 11148562

DCG Building Services Limited

Unaudited filleted financial statements

31 January 2025

DCG Building Services Limited

Contents

Directors and other information

Statement of financial position

Notes to the financial statements

DCG Building Services Limited

Directors and other information


	Director	Mr D Gill


	Company number	11148562


	Registered office	424 Burnley Lane
		Chadderton
		Oldham
		OL1 2QS


	Accountant	J P Gallagher & Co
		106 Moston Lane East
		Manchester
		M40 3QL

DCG Building Services Limited

Statement of financial position

31 January 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	7	14,406		18,020
		_______		_______
			14,406		18,020

Current assets
Debtors	8	426,183		309,178
Cash at bank and in hand		211,042		104,477
		_______		_______
		637,225		413,655
Creditors: amounts falling due
within one year	9	( 383,727)		( 185,142)
		_______		_______
Net current assets			253,498		228,513
			_______		_______
Total assets less current liabilities			267,904		246,533

Creditors: amounts falling due
after more than one year	10		( 14,415)		( 24,587)

Provisions for liabilities			( 2,965)		( 3,424)

			_______		_______
Net assets			250,524		218,522
			_______		_______

Capital and reserves
Called up share capital			1		1
Profit and loss account			250,523		218,521
			_______		_______
Shareholder funds			250,524		218,522
			_______		_______

For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 10 October 2025 , and are signed on behalf of the board by:

Mr D Gill

Director

Company registration number: 11148562

DCG Building Services Limited

Notes to the financial statements

Year ended 31 January 2025

1. General information

The company is a private company limited by shares, registered in England & Wales. The address of the registered office is 424 Burnley Lane, Chadderton, Oldham, OL1 2QS.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Fittings fixtures and equipment	-	15 %	reducing balance
Motor vehicles	-	25 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

4. Staff costs

The aggregate payroll costs incurred during the year were:

	2025	2024
	£	£
Wages and salaries	11,583	12,570
	_______	_______

5. Staff costs

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

The aggregate payroll costs incurred during the year were:

	2025	2024
	£	£
Wages and salaries	11,583	12,570
	_______	_______

6. Dividends

Equity dividends

	2025	2024
	£	£
Dividends paid during the year (excluding those for which a liability existed at the end of the prior year)	38,000	35,000
	_______	_______

7. Tangible assets

	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£
Cost
At 1 February 2024 and 31 January 2025	16,119	28,269	44,388
	_______	_______	_______
Depreciation
At 1 February 2024	7,210	19,158	26,368
Charge for the year	1,336	2,278	3,614
	_______	_______	_______
At 31 January 2025	8,546	21,436	29,982
	_______	_______	_______
Carrying amount
At 31 January 2025	7,573	6,833	14,406
	_______	_______	_______
At 31 January 2024	8,909	9,111	18,020
	_______	_______	_______

8. Debtors

	2025	2024
	£	£
Trade debtors	215,440	152,272
Other debtors	210,743	156,906
	_______	_______
	426,183	309,178
	_______	_______

9. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	259,069	66,544
Corporation tax	79,445	88,473
Other creditors	45,213	30,125
	_______	_______
	383,727	185,142
	_______	_______

10. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	14,415	24,587
	_______	_______

11. Deferred tax

The deferred tax included in the statement of financial position is as follows:

	2025	2024
	£	£
Included in provisions (note )	2,965	3,424
	_______	_______

The deferred tax account consists of the tax effect of timing differences in respect of:

	2025	2024
	£	£
Accelerated capital allowances	2,965	3,424
	_______	_______

12. Directors advances, credits and guarantees

	During the year the director entered into the following advances and credits with the company:

2025
		Balance brought forward	Advances /(credits) to the director	Balance o/standing
		£	£	£
	Mr D Gill	( 29,612)	( 15,088)	( 44,700)
		_______	_______	_______

2024
		Balance brought forward	Advances /(credits) to the director	Balance o/standing
		£	£	£
	Mr D Gill	( 165)	( 29,447)	( 29,612)
		_______	_______	_______

13. Related party transactions

During the year the company entered into the following transactions with related parties:

	Transaction value		Balance owed by/(owed to)
	2025	2024	2025	2024
	£	£	£	£
DCG Property Developments Ltd	-	-	112,400	112,400
	_______	_______	_______	_______

There is a balance due from DCG Property Developments Ltd at the year end date in the sum of £112,400 (2024:£112,400). DCG Property Developments Ltd is a related party by virtue of common directorships and control.