Company Registration No. 09838379 (England and Wales)
D N MAY LIMITED
Unaudited accounts
for the year ended 30 April 2025
D N MAY LIMITED
Unaudited accounts
Contents
D N MAY LIMITED
Company Information
for the year ended 30 April 2025
Directors
Dwaine Anthony Maynard
Dane Newton Rashford
Company Number
09838379 (England and Wales)
Registered Office
82 Unit A
James Carter Road
Mildenhall
IP28 7DE
ENGLAND
Accountants
TCG Accountants Ltd
22 Ullswater Road
Handforth
WILMSLOW
UK
SK9 3NQ
D N MAY LIMITED
Statement of financial position
as at 30 April 2025
Tangible assets
128,591
156,311
Investments
235,021
235,021
Debtors
6,245,764
1,211,157
Cash at bank and in hand
609,267
1,477,114
Creditors: amounts falling due within one year
(1,666,725)
(997,609)
Net current assets
5,188,306
1,690,662
Total assets less current liabilities
5,551,918
2,081,994
Provisions for liabilities
Deferred tax
(24,432)
(29,699)
Net assets
5,527,486
2,052,295
Called up share capital
2
2
Profit and loss account
5,527,484
2,052,293
Shareholders' funds
5,527,486
2,052,295
For the year ending 30 April 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 4 June 2025 and were signed on its behalf by
Dwaine Anthony Maynard
Director
Company Registration No. 09838379
D N MAY LIMITED
Notes to the Accounts
for the year ended 30 April 2025
D N MAY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09838379. The registered office is 82 Unit A, James Carter Road, Mildenhall, IP28 7DE, 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.
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:
Computer equipment
25% Straight Line
Investments in shares are included at fair value.
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.
The company meets its funding requirements through a mixture of retained earnings and cash at bank.
Based upon the information available, the directors consider that the company has ample liquidity to continue in business for at least the next 12 months as a going concern.
Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements.
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.
D N MAY LIMITED
Notes to the Accounts
for the year ended 30 April 2025
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.
4
Tangible fixed assets
Land & buildings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 May 2024
141,699
100,336
242,035
At 30 April 2025
141,699
103,873
245,572
At 1 May 2024
23,182
62,542
85,724
Charge for the year
14,170
17,087
31,257
At 30 April 2025
37,352
79,629
116,981
At 30 April 2025
104,347
24,244
128,591
At 30 April 2024
118,517
37,794
156,311
5
Investments
Other investments
Valuation at 1 May 2024
235,021
Valuation at 30 April 2025
235,021
Amounts falling due within one year
Other debtors
6,245,764
1,211,157
7
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
1,242,494
265,377
Loans from directors
1,469
2,063
Deferred income
340,000
563,333
8
Average number of employees
During the year the average number of employees was 6 (2024: 10).