Company Registration No. NI623366 (Northern Ireland)
DJV Compliance Ltd
Unaudited accounts
for the year ended 31 March 2025
DJV Compliance Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
86,598
97,568
Inventories
105,000
105,000
Cash at bank and in hand
50,001
100,650
Creditors: amounts falling due within one year
(524,693)
(519,467)
Net current assets
216,851
36,053
Total assets less current liabilities
303,449
133,621
Creditors: amounts falling due after more than one year
(9,117)
(20,036)
Net assets
294,332
113,585
Called up share capital
2,000
2,000
Profit and loss account
292,332
111,585
Shareholders' funds
294,332
113,585
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. 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 December 2025 and were signed on its behalf by
David Osborne
Director
Company Registration No. NI623366
DJV Compliance Ltd
Notes to the Accounts
for the year ended 31 March 2025
DJV Compliance Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI623366. The registered office is Unit 2, Channel Wharf, 21 Old Channel Road, Belfast, Antrim, BT3 9DE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Having reviewed the resources available the directors believe that DJV Compliance Ltd has adequate resources available to enable it to continue to meet its ongoing obligations as and when they fall due for at least a period of 12 months from the date of approval of the financial statements. Accordingly, the company continues to adopt the going concern basis in the preparation of its financial statements.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of asbestos removal 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straight line
Motor vehicles
20% Straight line
Fixtures & fittings
20% Reducing Balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
DJV Compliance Ltd
Notes to the Accounts
for the year ended 31 March 2025
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Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
74,892
116,252
16,001
207,145
Additions
27,415
-
-
27,415
At 31 March 2025
102,307
116,252
16,001
234,560
At 1 April 2024
49,284
54,527
5,766
109,577
Charge for the year
13,088
23,250
2,047
38,385
At 31 March 2025
62,372
77,777
7,813
147,962
At 31 March 2025
39,935
38,475
8,188
86,598
At 31 March 2024
25,608
61,725
10,235
97,568
Work in progress
80,000
80,000
Finished goods
25,000
25,000
Amounts falling due within one year
Trade debtors
539,820
303,148
Amounts due from group undertakings etc.
-
1,133
Accrued income and prepayments
46,723
43,262
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Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
9,928
9,932
Trade creditors
39,985
26,760
Amounts owed to group undertakings and other participating interests
322,660
362,121
Taxes and social security
114,032
106,290
Other creditors
5,940
7,191
Loans from directors
-
3,923
DJV Compliance Ltd
Notes to the Accounts
for the year ended 31 March 2025
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Creditors: amounts falling due after more than one year
2025
2024
Allotted, called up and fully paid:
600 Ordinary A shares of £1 each
600
600
400 Ordinary B shares of £1 each
400
400
1,000 Ordinary C shares of £1 each
1,000
1,000
10
Transactions with related parties
Included within debtors are amounts owed from connected companies amounting to £0 (2024:£1,133). Included within creditors are amounts owed to connected companies amounting to £322,659 (2024: £362,121). All amounts are interest free and repayable on demand.
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Average number of employees
During the year the average number of employees was 28 (2024: 20).