DFH Designs Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 5406204

DFH DESIGNS LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 March 2025

DFH DESIGNS LIMITED

STATEMENT OF FINANCIAL POSITION

31 March 2025

	2025		2024
Note	£	£	£

FIXED ASSETS

Tangible assets	6		3,708	4,749

CURRENT ASSETS

Stocks		18,122	5,650
Debtors	7	494	440
Cash at bank and in hand		14,995	21,305
		--------	--------
		33,611	27,395

CREDITORS: amounts falling due within one year	8	21,195		20,346
		--------		--------
NET CURRENT ASSETS			12,416	7,049
			--------	--------
TOTAL ASSETS LESS CURRENT LIABILITIES			16,124	11,798

PROVISIONS

Taxation including deferred tax	705	902
	--------	--------
NET ASSETS	15,419	10,896
	--------	--------

CAPITAL AND RESERVES

Called up share capital	1	1
Profit and loss account	15,418	10,895
	--------	--------
SHAREHOLDERS FUNDS	15,419	10,896
	--------	--------

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 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 financial statements 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 financial statements .

DFH DESIGNS LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 5 December 2025 , and are signed on behalf of the board by:

Mr D F Hawksworth

Director

Company registration number: 5406204

DFH DESIGNS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

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 3 Mowson Crescent, Worrall, Sheffield, S35 0AG.

2. STATEMENT OF COMPLIANCE

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

3. ACCOUNTING POLICIES

(a) Basis of preparation

The financial statements have been prepared on the historical cost basis.The financial statements are prepared in sterling, which is the functional currency of the entity.

(b) Revenue recognition

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

(c) Current & deferred 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.

(d) Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	10% straight line

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

(e) 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.

(f) 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:

Plant and machinery	-	25% reducing balance
Motor vehicles	-	25% reducing balance
Equipment	-	25% reducing balance

(g) 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.

(h) 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 as a finance cost in profit or loss in the period it arises.

(i) Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. INTANGIBLE ASSETS

	Goodwill
	£
Cost
At 1 April 2024 and 31 March 2025	15,000
	--------
Amortisation
At 1 April 2024 and 31 March 2025	15,000
	--------
Carrying amount
At 31 March 2025	–
	--------
At 31 March 2024	–
	--------

6. TANGIBLE ASSETS

	Plant and machinery	Motor vehicles	Equipment	Total
	£	£	£	£
Cost
At 1 April 2024	9,666	15,738	1,934	27,338
Additions	203	–	–	203
	-------	--------	-------	--------
At 31 March 2025	9,869	15,738	1,934	27,541
	-------	--------	-------	--------
Depreciation
At 1 April 2024	6,960	14,162	1,467	22,589
Charge for the year	733	394	117	1,244
	-------	--------	-------	--------
At 31 March 2025	7,693	14,556	1,584	23,833
	-------	--------	-------	--------
Carrying amount
At 31 March 2025	2,176	1,182	350	3,708
	-------	--------	-------	--------
At 31 March 2024	2,706	1,576	467	4,749
	-------	--------	-------	--------

7. DEBTORS

	2025	2024
	£	£
Other debtors	494	440
	----	----

8. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	8,035	5,119
Accruals	1,095	1,132
Corporation tax	6,983	7,048
Social security and other taxes	2,706	4,419
Directors current account	2,376	2,628
	--------	--------
	21,195	20,346
	--------	--------

9. RELATED PARTIES

The directors made available loans to the company throughout the year. These loans are interest free and repayable on demand. At the period end the balance of the loan accounts was £ 2,376 (2024: £ 2,628 ).