Company Registration No. 01930555 (England and Wales)
Dalehills Limited
Unaudited accounts
for the year ended 31 March 2025
Dalehills Limited
Unaudited accounts
Contents
Dalehills Limited
Company Information
for the year ended 31 March 2025
Directors
Daniel Craig Gibson
Brian Gibson
Company Number
01930555 (England and Wales)
Registered Office
Whinfield Drive
Aycliffe Industrial Estate
Newton Aycliffe
County Durham
DL5 6AU
England
Accountants
Abacus Accounting (NE) Limited
3a Blue Sky Way
Monkton Business Park South
Hebburn
Tyne and Wear
NE31 2EQ
Dalehills Limited
Statement of financial position
as at 31 March 2025
Tangible assets
298,901
289,074
Inventories
268,473
201,861
Cash at bank and in hand
55,523
84,765
Creditors: amounts falling due within one year
(215,903)
(300,592)
Net current assets
292,132
213,096
Total assets less current liabilities
591,033
502,170
Creditors: amounts falling due after more than one year
(13,678)
(29,102)
Provisions for liabilities
Deferred tax
(10,433)
(10,433)
Net assets
566,922
462,635
Called up share capital
100
100
Profit and loss account
566,822
462,535
Shareholders' funds
566,922
462,635
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 23 December 2025 and were signed on its behalf by
Daniel Craig Gibson
Director
Company Registration No. 01930555
Dalehills Limited
Notes to the Accounts
for the year ended 31 March 2025
Dalehills Limited is a private company, limited by shares, registered in England and Wales, registration number 01930555. The registered office is Whinfield Drive, Aycliffe Industrial Estate, Newton Aycliffe, County Durham, DL5 6AU, England.
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.
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 sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover 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.
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:
Land & buildings
2% reducing balance
Plant & machinery
10% reducing balance
Motor vehicles
20% reducing balance
Fixtures & fittings
20% reducing balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
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.
Dalehills Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2024
229,539
372,925
59,552
34,758
696,774
Additions
-
12,553
17,188
1,766
31,507
Disposals
-
-
(2,965)
-
(2,965)
At 31 March 2025
229,539
385,478
73,775
36,524
725,316
At 1 April 2024
57,171
279,890
35,881
34,758
407,700
Charge for the year
3,416
9,880
5,194
225
18,715
At 31 March 2025
60,587
289,770
41,075
34,983
426,415
At 31 March 2025
168,952
95,708
32,700
1,541
298,901
At 31 March 2024
172,368
93,035
23,671
-
289,074
Amounts falling due within one year
Trade debtors
142,393
183,625
Accrued income and prepayments
16,105
14,637
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
10,000
10,000
Obligations under finance leases and hire purchase contracts
5,466
5,466
Trade creditors
116,159
129,581
Taxes and social security
41,393
45,860
Other creditors
10,846
8,094
Loans from directors
-
78,000
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
2,932
8,398
Dalehills Limited
Notes to the Accounts
for the year ended 31 March 2025
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 16 (2024: 17).