Dampcure Woodcure/30 Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 908212

Dampcure Woodcure/30 Limited

Filleted Unaudited Accounts

31 March 2025

Dampcure Woodcure/30 Limited

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		69,873	63,501

Current assets

Stocks		4,000	6,265
Debtors	6	155,398	176,892
Cash at bank and in hand		45,109	65,647
		---------	---------
		204,507	248,804

Creditors: amounts falling due within one year	7	( 198,081)		( 174,622)
		---------		---------
Net current assets			6,426	74,182
			--------	---------
Total assets less current liabilities			76,299	137,683

Creditors: amounts falling due after more than one year	8	( 18,146)	( 29,217)
		--------	---------
Net assets		58,153	108,466
		--------	---------

Capital and reserves

Called up share capital	9	100	100
Capital redemption reserve	10	100	100
Profit and loss account	10	57,953	108,266
		--------	---------
Shareholders funds		58,153	108,466
		--------	---------

These accounts 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 income and retained earnings has not been delivered.

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

Directors' responsibilities:

- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts .

Dampcure Woodcure/30 Limited

Statement of Financial Position (continued)

31 March 2025

These accounts were approved by the board of directors and authorised for issue on 11 November 2025 , and are signed on behalf of the board by:

C L Darling

Director

Company registration number: 908212

Dampcure Woodcure/30 Limited

Notes to the Accounts

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 41 Merton Road, Watford, WD18 0WJ.

2. Statement of compliance

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

3. Accounting policies

Basis of preparation

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

Going concern

The directors consider the company to be a going concern as it continues to trade and has sufficient financial resources from which to meet its ongoing debt obligations. As such, the accounts are prepared on the going concern basis.

Revenue recognition

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 the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, 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.

Tangible assets

Tangible assets are initially recorded at cost, and 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 equity, 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 equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity 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:

L/H Improvements	-	20% straight line
Plant & Machinery	-	20% reducing balance
Motor Vehicles	-	25% reducing balance
Office Equipment	-	25% reducing balance

Impairment of fixed assets

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. For the purposes of impairment testing, 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 largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

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 stock to its present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 9 (2024: 11 ).

5. Tangible assets

	Land and buildings	Plant and machinery	Motor vehicles	Equipment	Total
	£	£	£	£	£
Cost
At 1 April 2024	–	107,052	105,116	46,518	258,686
Additions	25,817	656	–	586	27,059
Disposals	–	–	( 16,142)	–	( 16,142)
	--------	---------	---------	--------	---------
At 31 March 2025	25,817	107,708	88,974	47,104	269,603
	--------	---------	---------	--------	---------
Depreciation
At 1 April 2024	–	102,397	58,007	34,781	195,185
Charge for the year	3,873	1,019	11,733	2,983	19,608
Disposals	–	–	( 15,063)	–	( 15,063)
	--------	---------	---------	--------	---------
At 31 March 2025	3,873	103,416	54,677	37,764	199,730
	--------	---------	---------	--------	---------
Carrying amount
At 31 March 2025	21,944	4,292	34,297	9,340	69,873
	--------	---------	---------	--------	---------
At 31 March 2024	–	4,655	47,109	11,737	63,501
	--------	---------	---------	--------	---------

6. Debtors

	2025	2024
	£	£
Trade debtors	22,756	36,264
Other debtors	132,642	140,628
	---------	---------
	155,398	176,892
	---------	---------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	51,875	78,906
Social security and other taxes	49,286	75,937
Other creditors	96,920	19,779
	---------	---------
	198,081	174,622
	---------	---------

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

	2025	2024
	£	£
Other creditors	18,146	29,217
	--------	--------

9. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	100	100	100	100
	----	----	----	----

10. Reserves

Capital redemption reserve - This reserve records the nominal value of shares repurchased by the company. Profit and loss account - This reserve records retained earnings and accumulated losses.

11. Contingencies

The company provides 20-year guarantees to its customers in respect of timber and damp treatment and 10-year guarantees for basement waterproofing, all in the normal course of its trade. Due to adequate insurance cover, and in the light of previous experience, no material liability is expected to arise.

12. Related party transactions

The company rents premises from J.Darling (Builders) Ltd, a related company under common control, at an annual rent of £24,000 (2024 - £24,000). At the year end, included within other creditors, is an amount of £60,980 (2024 - £nil) due to J.Darling (Builders) Ltd. All related party debts are considered repayable on demand.