Dorset Charcoal Co Ltd - Filleted accounts

Registered number

04672088

Dorset Charcoal Co Ltd

Filleted Accounts

31 March 2025

Dorset Charcoal Co Ltd
Registered number:		04672088
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		18,232			23,221

Current assets
Stocks		16,980			18,758
Debtors	4	17,797			22,758
Cash at bank and in hand		8,333			15,030
		43,110			56,546

Creditors: amounts falling due within one year	5	(30,673)			(44,472)

Net current assets			12,437			12,074

Total assets less current liabilities			30,669			35,295

Creditors: amounts falling due after more than one year	6		(4,438)			(12,743)

Provisions for liabilities			(3,464)			(4,412)


Net assets			22,767			18,140

Capital and reserves
Called up share capital			1			1
Profit and loss account			22,766			18,139

Shareholder's funds			22,767			18,140

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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.




Mr James Robert Bettle
Director
Approved by the board on 24 December 2025

Dorset Charcoal Co Ltd
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. 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
	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:


	Plant and machinery			25% Reducing Balance
	Motor vehicles			25% Reducing Balance
	Office equipment			25% Reducing Balance

	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. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					4		5


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Office equipment		Total
£			£		£		£
	Cost
	At 1 April 2024	53,491		25,320		656		79,467
	Additions	833		-		-		833
	At 31 March 2025	54,324		25,320		656		80,300

	Depreciation
	At 1 April 2024	36,392		19,198		656		56,246
	Charge for the year	4,292		1,530		-		5,822
	At 31 March 2025	40,684		20,728		656		62,068

	Net book value
	At 31 March 2025	13,640		4,592		-		18,232
	At 31 March 2024	17,099		6,122		-		23,221


4	Debtors					2025		2024
£							£

	Trade debtors					14,877		22,758
	Other debtors					2,920		-
						17,797		22,758


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					8,099		7,889
	Obligations under finance lease and hire purchase contracts					-		1,334
	Trade creditors					5,681		15,722
	Taxation and social security costs					15,398		9,883
	Other creditors					1,495		9,644
						30,673		44,472


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					4,438		12,743


7	Other financial commitments					2025		2024
£							£

	Total future minimum payments under non-cancellable operating leases					9,374		8,748


8	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Mr James Robert Bettle
	Unsecured and interest-free	-		2,920		-		2,920

		-		2,920		-		2,920


9	Other information

	Dorset Charcoal Co Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	5B Sunrise Business Park
	Higher Shaftesbury Road
	Blandford Forum
	Dorset
	DT11 8ST