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Company Registration No. 06905485 (England and Wales)
D.K. Appliances Limited Unaudited accounts for the year ended 31 May 2025
D.K. Appliances Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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D.K. Appliances Limited Company Information for the year ended 31 May 2025
Director
Dean Chambers
Company Number
06905485 (England and Wales)
Registered Office
D K Appliances Ltd Station Road Bacton Stowmarket Suffolk IP14 4NH England
Accountants
JHW Azoth Ltd 13 The Close Norwich Norfolk NR1 4DS
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D.K. Appliances Limited Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
5
3,022
2,613
Current assets
Inventories
12,850
15,000
Debtors
6
5,721
5,645
Cash at bank and in hand
13,133
13,959
31,704
34,604
Creditors: amounts falling due within one year
7
(19,463)
(25,137)
Net current assets
12,241
9,467
Net assets
15,263
12,080
Capital and reserves
Called up share capital
2
2
Profit and loss account
15,261
12,078
Shareholders' funds
15,263
12,080
For the year ending 31 May 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 director acknowledges his 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 and authorised for issue on 2 January 2026 and were signed on its behalf by
Dean Chambers Director Company Registration No. 06905485
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D.K. Appliances Limited Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
D.K. Appliances Limited is a private company, limited by shares, registered in England and Wales, registration number 06905485. The registered office is D K Appliances Ltd, Station Road, Bacton, Stowmarket, Suffolk, IP14 4NH, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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:
Motor vehicles
20% RB
Fixtures & fittings
25% RB
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Deferred taxation
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.
Inventories
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.
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D.K. Appliances Limited Notes to the Accounts for the year ended 31 May 2025
4
Intangible fixed assets
Goodwill
£
Cost
At 1 June 2024
24,700
At 31 May 2025
24,700
Amortisation
At 1 June 2024
24,700
At 31 May 2025
24,700
Net book value
At 31 May 2025
-
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 June 2024
15,451
5,000
20,451
Additions
-
1,250
1,250
At 31 May 2025
15,451
6,250
21,701
Depreciation
At 1 June 2024
12,913
4,925
17,838
Charge for the year
508
333
841
At 31 May 2025
13,421
5,258
18,679
Net book value
At 31 May 2025
2,030
992
3,022
At 31 May 2024
2,538
75
2,613
6
Debtors
2025
2024
£
£
Amounts falling due after more than one year
Trade debtors
5,721
5,645
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
5,055
10,000
VAT
2,966
7,504
Taxes and social security
3,365
4,791
Loans from directors
8,077
2,842
19,463
25,137
8
Average number of employees
During the year the average number of employees was 3 (2024: 3).
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