IRIS Accounts Production v25.2.0.378 04482420 Board of Directors 1.4.24 31.3.25 31.3.25 14.10.25 false true false false true false Auditors Opinion iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 04482420 2024-03-31 04482420 2025-03-31 04482420 2024-04-01 2025-03-31 04482420 2023-03-31 04482420 2023-04-01 2024-03-31 04482420 2024-03-31 04482420 ns15:EnglandWales 2024-04-01 2025-03-31 04482420 ns14:PoundSterling 2024-04-01 2025-03-31 04482420 ns10:Director1 2024-04-01 2025-03-31 04482420 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 04482420 ns10:SmallEntities 2024-04-01 2025-03-31 04482420 ns10:Audited 2024-04-01 2025-03-31 04482420 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 04482420 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 04482420 ns10:FullAccounts 2024-04-01 2025-03-31 04482420 ns10:Director2 2024-04-01 2025-03-31 04482420 ns10:Director3 2024-04-01 2025-03-31 04482420 ns10:Director4 2024-04-01 2025-03-31 04482420 ns10:RegisteredOffice 2024-04-01 2025-03-31 04482420 ns5:CurrentFinancialInstruments 2024-03-31 04482420 ns5:CurrentFinancialInstruments 2025-03-31 04482420 ns5:Non-currentFinancialInstruments 2024-03-31 04482420 ns5:Non-currentFinancialInstruments 2025-03-31 04482420 ns5:ShareCapital 2024-03-31 04482420 ns5:ShareCapital 2025-03-31 04482420 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 04482420 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 04482420 ns5:LeaseholdImprovements 2024-04-01 2025-03-31 04482420 ns5:PlantMachinery 2024-04-01 2025-03-31 04482420 ns5:PlantMachinery 2024-03-31 04482420 ns5:PlantMachinery 2025-03-31 04482420 ns5:PlantMachinery 2024-03-31 04482420 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 04482420 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31

REGISTERED NUMBER: 04482420 (England and Wales)

| FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31ST MARCH 2025 |

| FOR |

| DISCOUNT BUILDERS MERCHANTS (MIDLANDS) |

| LIMITED |

| DISCOUNT BUILDERS MERCHANTS (MIDLANDS) |

| LIMITED (REGISTERED NUMBER: 04482420) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 3 |

| DISCOUNT BUILDERS MERCHANTS (MIDLANDS) |

| LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31ST MARCH 2025

| DIRECTORS: | R Gill

| T S Samra

| S A H Shah

| B Sidhu

| REGISTERED OFFICE: | Gill House

| 140 Holyhead Road

| Handsworth

| Birmingham

| West Midlands

| B21 0AF

| REGISTERED NUMBER: | 04482420 (England and Wales)

| AUDITORS: | Stanton Ralph & Co Limited

| Chartered Accountants

| Statutory Auditor

| The Old Police Station

| Whitburn Street

| Bridgnorth

| Shropshire

| WV16 4QP

| DISCOUNT BUILDERS MERCHANTS (MIDLANDS) |

| LIMITED (REGISTERED NUMBER: 04482420) |

STATEMENT OF FINANCIAL POSITION

31ST MARCH 2025

31.3.24 |  | 31.3.25 |

£ | £ |  | Notes | £ | £ |

| FIXED ASSETS

1,468,536 |  |  | Tangible assets | 5 | 1,784,698 |  |

| CURRENT ASSETS

1,974,962 |  |  | Stocks | 1,875,709 |  |

322,671 |  |  | Debtors | 6 | 533,655 |  |

1,271,041 |  |  | Cash at bank and in hand | 1,380,528 |  |

3,568,674 |  | 3,789,892 |  |

| CREDITORS

3,659,844 |  |  | Amounts falling due within one year | 7 | 4,587,484 |  |

(91,170 | ) |  | NET CURRENT LIABILITIES | (797,592 | ) |

1,377,366 |  |  | TOTAL ASSETS LESS CURRENT LIABILITIES | 987,106 |  |

| CREDITORS

(161,997 | ) |  | Amounts falling due after more than one year | 8 | (82,137 | ) |

(296,782 | ) |  | PROVISIONS FOR LIABILITIES | (113,578 | ) |

918,587 |  |  | NET ASSETS | 791,391 |  |

| CAPITAL AND RESERVES

200 |  |  | Called up share capital | 200 |  |

918,387 |  |  | Retained earnings | 791,191 |  |

918,587 |  | 791,391 |  |

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14th October 2025 and were signed on its behalf by:

R Gill - Director

| DISCOUNT BUILDERS MERCHANTS (MIDLANDS) |

| LIMITED (REGISTERED NUMBER: 04482420) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

1. | STATUTORY INFORMATION

| Discount Builders Merchants (Midlands) 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. | STATEMENT OF COMPLIANCE

| 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.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

| The financial statements are prepared in sterling and rounded to the nearest whole £1

| 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.

| Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and he costs incurred or to be incurred in respect of the transactions can be measured reliably.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

| Improvements to property | - | 10% on reducing balance

| Plant and machinery | - | at varying rates on a 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.

| 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.

| Stocks

| Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| DISCOUNT BUILDERS MERCHANTS (MIDLANDS) |

| LIMITED (REGISTERED NUMBER: 04482420) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST MARCH 2025

3. | ACCOUNTING POLICIES - continued

| 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.

| 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

| DISCOUNT BUILDERS MERCHANTS (MIDLANDS) |

| LIMITED (REGISTERED NUMBER: 04482420) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST MARCH 2025

3. | ACCOUNTING POLICIES - continued

| 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.

| Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss.

| All other such investments are subsequently measured at cost less impairment.

| Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

| Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

| Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an

| impairment loss is recognised in profit or loss immediately.

| For all equity instruments regardless of significance, and other financial assets that are individually

| significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.

| Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

| 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.

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 37 (2024 - 43 ) .

| DISCOUNT BUILDERS MERCHANTS (MIDLANDS) |

| LIMITED (REGISTERED NUMBER: 04482420) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST MARCH 2025

5. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1st April 2024 | 2,709,728 |  |

| Additions | 838,289 |  |

| Disposals | (270,658 | ) |

| At 31st March 2025 | 3,277,359 |  |

| DEPRECIATION

| At 1st April 2024 | 1,241,192 |  |

| Charge for year | 401,055 |  |

| Eliminated on disposal | (149,586 | ) |

| At 31st March 2025 | 1,492,661 |  |

| NET BOOK VALUE

| At 31st March 2025 | 1,784,698 |  |

| At 31st March 2024 | 1,468,536 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Trade debtors | 144,746 |  | 102,576 |  |

| Amounts owed by group undertakings | 196,316 |  | 115,961 |  |

| Other debtors | 192,593 |  | 104,134 |  |

533,655 |  | 322,671 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Trade creditors | 1,465,494 |  | 1,351,253 |  |

| Amounts owed to group undertakings | 2,714,071 |  | 1,921,491 |  |

| Taxation and social security | 295,071 |  | 231,857 |  |

| Other creditors | 112,848 |  | 155,243 |  |

4,587,484 |  | 3,659,844 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Other creditors | 82,137 |  | 161,997 |  |

9. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

| The Report of the Auditors was unqualified.

| Darren Foot FCA (Senior Statutory Auditor)

| for and on behalf of Stanton Ralph & Co Limited

| DISCOUNT BUILDERS MERCHANTS (MIDLANDS) |

| LIMITED (REGISTERED NUMBER: 04482420) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST MARCH 2025

10. | CONTINGENT LIABILITIES

| The company has entered into a cross guarantee arrangement (dated 20th March 2015) with its bankers. The companies included in this arrangement are Gill Group Limited, Gill Civil Engineering Limited, Discount Builders Merchants (Midlands) Limited and Titan Plant Hire Limited.

11. | CAPITAL COMMITMENTS

| 31.3.25 |  | 31.3.24

£ | £ |

| Contracted but not provided for in the

| financial statements | 202,661 |  | - |  |

12. | RELATED PARTY DISCLOSURE

| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

13. | ULTIMATE CONTROLLING PARTY

| The Company is a wholly owned subsidiary of Gill Group Limited, a company registered in England. The registered office of Gill Group Limited is Gill House, 140 Holyhead Road, Birmingham, B21 0AS, England.