DHF Products Ltd - Filleted accounts

Registered number

07135647

DHF Products Ltd

Filleted Accounts

31 March 2025

DHF Products Ltd
Registered number:		07135647
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		24,101			28,665

Current assets
Stocks		36,937			30,548
Debtors	4	49,812			53,561
Cash at bank and in hand		62,327			89,702
		149,076			173,811

Creditors: amounts falling due within one year	5	(139,067)			(174,471)

Net current assets/(liabilities)			10,009			(660)

Total assets less current liabilities			34,110			28,005

Creditors: amounts falling due after more than one year	6		(21,594)			(20,752)

Provisions for liabilities			(1,788)			(1,788)


Net assets			10,728			5,465

Capital and reserves
Called up share capital			100			100
Profit and loss account			10,628			5,365

Shareholder's funds			10,728			5,465

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.




D Sheriff
Director
Approved by the board on 18 December 2025

DHF Products 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.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	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	33% Straight line basis
	Motor vehicles	33% Straight line basis

	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.

	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			7		7


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2024	44,965		13,200		58,165
	Additions	4,082		-		4,082
	At 31 March 2025	49,047		13,200		62,247

	Depreciation
	At 1 April 2024	23,164		6,336		29,500
	Charge for the year	7,273		1,373		8,646
	At 31 March 2025	30,437		7,709		38,146

	Net book value
	At 31 March 2025	18,610		5,491		24,101
	At 31 March 2024	21,801		6,864		28,665



4	Debtors			2025		2024
£					£

	Trade debtors			29,434		34,273
	Other debtors			20,378		19,288
				49,812		53,561


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

	Bank loans and overdrafts			-		9,994
	Trade creditors			72,785		75,171
	Taxation and social security costs			18,225		24,241
	Other creditors			48,057		65,065
				139,067		174,471


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

	Bank loans			21,594		20,752


7	Other information

	DHF Products Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 3
	Whinfield Industrial Estate
	Rowlands Gill
	Tyne And Wear
	NE39 1EH