1 April 2024 false No description of principal activity Taxfiler 2024.6 04165672 business:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 04165672 2024-03-31 04165672 2024-04-01 2025-03-31 04165672 business:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 04165672 business:FilletedAccounts 2024-04-01 2025-03-31 04165672 2025-03-31 04165672 business:Director1 2024-04-01 2025-03-31 04165672 business:Director2 2024-04-01 2025-03-31 04165672 business:RegisteredOffice 2024-04-01 2025-03-31 04165672 2024-03-31 04165672 core:WithinOneYear 2025-03-31 04165672 core:WithinOneYear 2024-03-31 04165672 core:AfterOneYear 2025-03-31 04165672 core:AfterOneYear 2024-03-31 04165672 core:ShareCapital core:PreviouslyStatedAmount 2025-03-31 04165672 core:ShareCapital core:PreviouslyStatedAmount 2024-03-31 04165672 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-03-31 04165672 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-03-31 04165672 core:PreviouslyStatedAmount 2025-03-31 04165672 core:PreviouslyStatedAmount 2024-03-31 04165672 business:SmallEntities 2024-04-01 2025-03-31 04165672 countries:EnglandWales 2024-04-01 2025-03-31 04165672 core:LandBuildings 2024-04-01 2025-03-31 04165672 core:PlantMachinery 2024-04-01 2025-03-31 04165672 core:LandBuildings 2024-03-31 04165672 core:PlantMachinery 2024-03-31 04165672 core:LandBuildings 2025-03-31 04165672 core:PlantMachinery 2025-03-31 04165672 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure
Company Registration No. 04165672 (England and Wales)
Diesels Direct (halesworth) Limited Unaudited accounts for the year ended 31 March 2025
Diesels Direct (halesworth) Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Diesels Direct (halesworth) Limited Company Information for the year ended 31 March 2025
Directors
Paul Kefford James Kefford
Company Number
04165672 (England and Wales)
Registered Office
13 The Close Norwich NR1 4DS United Kingdom
Accountants
JHW Azoth Ltd 13 The Close Norwich Norfolk NR1 4DS
- 3 -
Diesels Direct (halesworth) Limited Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
290,275
290,367
Current assets
Inventories
702,190
776,303
Debtors
5
40,332
8,395
Cash at bank and in hand
88,741
43,053
831,263
827,751
Creditors: amounts falling due within one year
6
(502,669)
(497,105)
Net current assets
328,594
330,646
Total assets less current liabilities
618,869
621,013
Creditors: amounts falling due after more than one year
7
(143,701)
(176,618)
Net assets
475,168
444,395
Capital and reserves
Called up share capital
2
2
Profit and loss account
475,166
444,393
Shareholders' funds
475,168
444,395
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 30 December 2025 and were signed on its behalf by
Paul Kefford Director Company Registration No. 04165672
- 4 -
Diesels Direct (halesworth) Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Diesels Direct (halesworth) Limited is a private company, limited by shares, registered in England and Wales, registration number 04165672. The registered office is 13 The Close, Norwich, NR1 4DS, United Kingdom.
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.
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
50 years Straight Line
Plant & machinery
25% Straight Line
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
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.
- 5 -
Diesels Direct (halesworth) Limited Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 April 2024
290,000
9,025
299,025
At 31 March 2025
290,000
9,025
299,025
Depreciation
At 1 April 2024
-
8,658
8,658
Charge for the year
-
92
92
At 31 March 2025
-
8,750
8,750
Net book value
At 31 March 2025
290,000
275
290,275
At 31 March 2024
290,000
367
290,367
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
40,332
8,395
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
44,090
25,796
Trade creditors
21,026
64,205
Taxes and social security
11,051
12,473
Other creditors
-
10,865
Loans from directors
426,502
383,766
502,669
497,105
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
143,701
176,618
8
Average number of employees
During the year the average number of employees was 7 (2024: 7).
- 6 -