DND GROUP LTD


Directors	Edwin Lucas
	Yosepha Penner bright


Registered Address	167-169 Great Portland Street
	5th Floor
	London
	W1W 5PF


Registered Number	13715586 (England and Wales)

Statement of Financial Position
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		331,593		400,947
			331,593		400,947
Current assets
Stocks	4	50,434		111,208
Debtors		3,560,221		2,612,738
Cash at bank and on hand		7,507		10,055
		3,618,162		2,734,001
Creditors amounts falling due within one year	5	(5,623,062)		(3,134,369)
Net current assets (liabilities)			(2,004,900)		(400,368)
Total assets less current liabilities			(1,673,307)		579
Net assets			(1,673,307)		579
Capital and reserves
Called up share capital			100		100
Share premium			64,995		64,995
Profit and loss account			(1,738,402)		(64,516)
Shareholders' funds			(1,673,307)		579

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 2 December 2025, and are signed on its behalf by:

Yosepha Penner bright
Director
Registered Company No. 13715586

DND GROUP LTD

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	The company meets its day-to-day working capital requirements through its bank facilities. The current economic conditions continue to create uncertainty over (a) the level of demand for the company’s products; and (b) the availability of bank finance for the foreseeable future. (c) the CVA in place at 17 January 2025. The company’s forecasts and projections, taking account of reasonably possible changes in trading performance, show that the company should be able to operate within the level of its current facilities. After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company, therefore, continues to adopt the going concern basis in preparing its financial statements.

Going concern

The company meets its day-to-day working capital requirements through its bank facilities. The current
economic conditions continue to create uncertainty over (a) the level of demand for the company’s
products; and (b) the availability of bank finance for the foreseeable future. (c) the CVA in place at 17 January 2025.
The company’s forecasts and projections, taking account of reasonably possible changes in trading performance, show that the
company should be able to operate within the level of its current facilities. After making enquiries, the
directors have a reasonable expectation that the company has adequate resources to continue in
operational existence for the foreseeable future. The company, therefore, continues to adopt the going
concern basis in preparing its financial statements.

	Turnover policy
	Revenue is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Revenue from the sale of goods is recognised when goods are delivered and legal title has passed. Revenue from the rendering of services is recognised when the services have been performed.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Plant and machinery	10
	Fixtures and fittings	5
	Vehicles	3
	Office Equipment	3

	Finance leases and hire purchase contracts
	At inception, the company assesses agreements that transfer the right to use assets. The assessment considers whether the arrangement is, or contains, a lease based on the substance of the arrangement. i. Finance leased assets Leases of assets that transfer substantially all the risks and rewards incidental to ownership are classified as finance leases. Finance leases are capitalised at the commencement of the lease as assets at the fair value of the leased asset or, if lower, the present value of the minimum lease payments calculated using the interest rate implicit in the lease. Assets are depreciated over the shorter of the lease term and the estimated useful life of the asset. Assets are assessed for impairment at each reporting date. The capital element of lease obligations is recorded as a liability on the inception of the arrangement. Lease payments are apportioned between capital repayment and finance charge, using the effective interest rate method, to produce a constant rate of charge on the balance of the capital repayments outstanding. ii. Operating leased assets Leases that do not transfer all the risks and rewards of ownership are classified as operating leases. Payments under operating leases are charged to the profit and loss account on a straight-line basis over the period of the lease

Finance leases and hire purchase contracts

At inception, the company assesses agreements that transfer the right to use assets. The assessment
considers whether the arrangement is, or contains, a lease based on the substance of the arrangement.
i. Finance leased assets
Leases of assets that transfer substantially all the risks and rewards incidental to ownership are
classified as finance leases.
Finance leases are capitalised at the commencement of the lease as assets at the fair value of the
leased asset or, if lower, the present value of the minimum lease payments calculated using the interest
rate implicit in the lease. Assets are depreciated over the shorter of the lease term and the estimated
useful life of the asset. Assets are assessed for impairment at each reporting date. The capital element
of lease obligations is recorded as a liability on the inception of the arrangement. Lease payments are
apportioned between capital repayment and finance charge, using the effective interest rate method, to
produce a constant rate of charge on the balance of the capital repayments outstanding.
ii. Operating leased assets
Leases that do not transfer all the risks and rewards of ownership are classified as operating leases.
Payments under operating leases are charged to the profit and loss account on a straight-line basis
over the period of the lease

	Stocks and work in progress
	Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

Stocks and work in progress

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss.

Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	103		117

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 April 24	364,986	22,703	133,243	4,933	525,865
Additions	-	1,500	18,832	-	20,332
At 31 March 25	364,986	24,203	152,075	4,933	546,197
Depreciation and impairment
At 01 April 24	83,762	3,945	33,879	3,332	124,918
Charge for year	49,299	8,062	31,524	801	89,686
At 31 March 25	133,061	12,007	65,403	4,133	214,604
Net book value
At 31 March 25	231,925	12,196	86,672	800	331,593
At 31 March 24	281,224	18,758	99,364	1,601	400,947

4.	Stocks

	2025	2024
	£	£
Raw materials and consumables	50,434	111,208
Total	50,434	111,208

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	1,844,020	1,259,743
Other creditors	3,746,198	1,870,181
Accrued liabilities and deferred income	32,844	4,445
Total	5,623,062	3,134,369


	Trade payables related to CVA in place for the year ended 31 March 2025 totals £1,349,354