| DPKBV Limited |
| Registered number: |
04830696 |
| Balance Sheet |
| as at 31 March 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| as restated |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
898,541 |
|
|
1,018,870 |
| Investments |
4 |
|
|
1,984,599 |
|
|
1,984,599 |
|
|
|
|
2,883,140 |
|
|
3,003,469 |
|
| Current assets |
| Stocks |
|
|
27,992 |
|
|
23,942 |
| Debtors |
5 |
|
296,840 |
|
|
376,552 |
| Investments held as current assets |
6 |
|
1,100,000 |
|
|
1,100,000 |
| Cash at bank and in hand |
|
|
231,702 |
|
|
130,823 |
|
|
|
1,656,534 |
|
|
1,631,317 |
|
| Creditors: amounts falling due within one year |
7 |
|
(1,328,445) |
|
|
(1,572,669) |
|
| Net current assets |
|
|
|
328,089 |
|
|
58,648 |
|
| Total assets less current liabilities |
|
|
|
3,211,229 |
|
|
3,062,117 |
|
| Creditors: amounts falling due after more than one year |
8 |
|
|
(810,038) |
|
|
(895,949) |
|
| Provisions for liabilities |
|
|
|
(19,208) |
|
|
(19,208) |
|
| Net assets |
|
|
|
2,381,983 |
|
|
2,146,960 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
1,000 |
|
|
1,000 |
| Profit and loss account |
|
|
|
2,380,983 |
|
|
2,145,960 |
|
| Shareholders' funds |
|
|
|
2,381,983 |
|
|
2,146,960 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
| Mohammad Naheed Randhawa |
| Director |
| Approved by the board on 5 December 2025 |
|
| DPKBV Limited |
| Notes to the Accounts |
| for the year ended 31 March 2025 |
|
|
| 1 |
Accounting policies |
|
|
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). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
The estimated replacement cost of the building is taken as £150,000. |
|
|
Building |
2% reducing balance |
|
Leasehold land and buildings |
over the lease term |
|
Fixtures, fittings, tools and equipment |
15% reducing balance |
|
|
Investments |
|
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. |
|
|
Stocks |
|
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. |
|
|
Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
Leased assets |
|
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases.Operating lease payments are recognised as an expense on a straight line basis over the lease term. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
|
Average number of persons employed by the company |
161 |
|
126 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
Land and buildings |
|
Fixtures, fittings, tools and equipment |
|
Motor vehicles |
|
Total |
| £ |
£ |
£ |
£ |
|
Cost |
|
At 1 April 2024 |
492,162 |
|
2,093,392 |
|
3,813 |
|
2,589,367 |
|
Additions |
- |
|
229,405 |
|
- |
|
229,405 |
|
Disposals |
(210,000) |
|
- |
|
- |
|
(210,000) |
|
At 31 March 2025 |
282,162 |
|
2,322,797 |
|
3,813 |
|
2,608,772 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2024 |
155,453 |
|
1,411,231 |
|
3,813 |
|
1,570,497 |
|
Charge for the year |
3,000 |
|
136,734 |
|
- |
|
139,734 |
|
At 31 March 2025 |
158,453 |
|
1,547,965 |
|
3,813 |
|
1,710,231 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2025 |
123,709 |
|
774,832 |
|
- |
|
898,541 |
|
At 31 March 2024 |
336,709 |
|
682,161 |
|
- |
|
1,018,870 |
|
|
| 4 |
Investments |
| Investments in |
| subsidiary |
| undertakings |
| £ |
|
Cost |
|
At 1 April 2024 |
1,984,599 |
|
|
At 31 March 2025 |
1,984,599 |
|
|
| 5 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
199,599 |
|
243,834 |
|
Other debtors |
97,241 |
|
132,718 |
|
|
|
|
|
|
296,840 |
|
376,552 |
|
|
|
|
|
|
|
|
|
|
|
| 6 |
Investments held as current assets |
2025 |
|
2024 |
| £ |
£ |
|
Fair value |
|
Unlisted investments |
1,100,000 |
|
1,100,000 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| as restated |
| £ |
£ |
|
|
Bank loans and overdraft |
140,717 |
|
140,717 |
|
Trade creditors |
254,448 |
|
196,062 |
|
Other taxes and social security costs |
258,329 |
|
282,291 |
|
Other creditors |
674,951 |
|
953,599 |
|
|
|
|
|
|
1,328,445 |
|
1,572,669 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| as restated |
| £ |
£ |
|
|
Bank loans |
478,038 |
|
563,949 |
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
|
332,000 |
|
332,000 |
|
|
|
|
|
|
810,038 |
|
895,949 |
|
|
|
|
|
|
|
|
|
|
| 9 |
Related party transactions |
|
|
Included within other creditors is director loan of £577,520 (2024 - £832,020) |
|
|
| 10 |
Controlling party |
|
|
The directors do not consider there to be an ultimate controlling party. |
|
| 11 |
Prior year adjustment |
|
|
In the financial statements for the year ended 31 March 2024, the bank loan was presented in full without separating the current and non-current portions. This has now been corrected, and the loan has been restated to appropriately to classify the balances into current and non-current liabilities. |
|
|
| 12 |
Other information |
|
|
DPKBV Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
|
Suite 4, Cranbrook House |
|
61 Cranbrook road |
|
Ilford |
|
Essex |
|
IG1 4PG |