REGISTERED NUMBER: 06862085 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

D&R PIPE FABRICATIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Duxbury

D A Richardson

REGISTERED OFFICE:

Mill Farm Yard

Darnhall

Winsford

Cheshire

CW7 4DG

REGISTERED NUMBER:

06862085 (England and Wales)

ACCOUNTANTS:

Accountancy Services (Cheshire) Limited

Unit 2 Mallard Court

Mallard Way

Crewe Business Park

Crewe

Cheshire

CW1 6ZQ

FIXED ASSETS

Tangible assets

4

252,753

222,568

CURRENT ASSETS

Stocks

5

145,200

123,000

Debtors

6

558,059

588,074

Cash at bank and in hand

30,389

752

733,648

711,826

CREDITORS

Amounts falling due within one year

7

508,491

279,989

NET CURRENT ASSETS

225,157

431,837

TOTAL ASSETS LESS CURRENT LIABILITIES

477,910

654,405

CREDITORS

Amounts falling due after more than one year

8

340,000

591,000

NET ASSETS

137,910

63,405

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

10

137,810

63,305

SHAREHOLDERS' FUNDS

137,910

63,405

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 December 2025 and were signed on its behalf by:

M Duxbury - Director

D A Richardson - Director

1.	STATUTORY INFORMATION

D&R Pipe Fabrications 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2024 - 17 ) .

4.	TANGIBLE FIXED ASSETS

Long

leasehold

£

COST

At 1 April 2024

222,568

Additions

30,185

At 31 March 2025

252,753

NET BOOK VALUE

At 31 March 2025

252,753

At 31 March 2024

222,568

5.

STOCKS

2025

2024

£

£

Stocks

72,900

59,400

Work-in-progress

72,300

63,600

145,200

123,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

488,978

518,993

Amounts owed by group undertakings

59,741

59,741

Prepayments

9,340

9,340

558,059

588,074

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

347,173

73,463

Amounts owed to group undertakings

3,235

42,340

Tax

96,390

90,029

Social security and other taxes

13,769

12,877

VAT

27,709

54,754

Directors' current accounts

17,090

3,401

Accrued expenses

3,125

3,125

508,491

279,989

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

300,000

350,000

Directors' loan accounts

40,000

241,000

340,000

591,000

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

10.

RESERVES

Retained

earnings

£

At 1 April 2024

63,305

Profit for the year

274,505

Dividends

(200,000

)

At 31 March 2025

137,810