Company Registration No. 10956376 (England and Wales)
D & D DRYLINING (LINCOLN) LIMITED
Unaudited accounts
for the year ended 30 September 2025
D & D DRYLINING (LINCOLN) LIMITED
Unaudited accounts
Contents
D & D DRYLINING (LINCOLN) LIMITED
Company Information
for the year ended 30 September 2025
Directors
Daniel Stimpson
Daniel Cass
Company Number
10956376 (England and Wales)
Registered Office
112-113 High Street
Lincoln
LN5 7PY
UNITED KINGDOM
Accountants
M D Darby FCPA, CPAA, FIAB, ACCA/Cert:IFR, IFRS, IPSAS, IA
Templar Accounting & Business Support
Services Limited (Incorp: Blake and Co )
112 - 113 High Street,
Lincoln, Lincolnshire
LN5 7PY
D & D DRYLINING (LINCOLN) LIMITED
Statement of financial position
as at 30 September 2025
Tangible assets
38,467
13,208
Cash at bank and in hand
245
3,025
Creditors: amounts falling due within one year
(87,026)
(44,411)
Net current assets
22,327
9,883
Total assets less current liabilities
60,794
23,091
Creditors: amounts falling due after more than one year
(53,880)
(22,994)
Provisions for liabilities
Called up share capital
10
10
Profit and loss account
210
87
Shareholders' funds
220
97
For the year ending 30 September 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 21 April 2026 and were signed on its behalf by
Daniel Cass
Director
Company Registration No. 10956376
D & D DRYLINING (LINCOLN) LIMITED
Notes to the Accounts
for the year ended 30 September 2025
D & D DRYLINING (LINCOLN) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10956376. The registered office is 112-113 High Street, Lincoln, LN5 7PY, 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.
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.
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:
Plant & machinery
20% Reducing balance
Motor vehicles
20% Reducing balance
Computer equipment
20% Reducing balance
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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 & D DRYLINING (LINCOLN) LIMITED
Notes to the Accounts
for the year ended 30 September 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2024
7,565
13,694
2,600
23,859
Additions
-
34,950
-
34,950
At 30 September 2025
7,565
48,644
2,600
58,809
At 1 October 2024
5,858
2,739
2,054
10,651
Charge for the year
401
9,181
109
9,691
At 30 September 2025
6,259
11,920
2,163
20,342
At 30 September 2025
1,306
36,724
437
38,467
At 30 September 2024
1,707
10,955
546
13,208
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Motor vehicles
36,724
10,955
Amounts falling due within one year
Trade debtors
16,653
9,412
Other debtors
27,614
23,992
Amounts falling due after more than one year
Other debtors
61,433
14,809
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
3,000
3,000
Obligations under finance leases and hire purchase contracts
-
4,410
Trade creditors
6,001
6,316
Taxes and social security
12,946
5,853
Loans from directors
(24,766)
-
Deferred income
89,045
23,992
D & D DRYLINING (LINCOLN) LIMITED
Notes to the Accounts
for the year ended 30 September 2025
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
35,026
5,994
Taxes and social security
5,854
-
Bounce back loan has commenced with an extended term of 120 months attracting an interest rate of 2.5% pa.
A government support guarantee is in place.
The remaining balance of the BBL is £13,000 as at the year end wwhich represents 4.33 years outstanding.
Year 2 - Year 5
Hire Purchase due
Yr.2 - Yr.3 £35,026
Prior year corporation tax liability £5,854
A prior year corporation tax liability of some £5,853 remains outstanding due to awaiting a tax refund from HMRC from April 5th 2025.
This tax liability should be deducted from the balnce owed to the company (Construction Industry Scheme - tax refund) and the balance remitted to the company.
8
Deferred taxation
2025
2024
Accelerated capital allowances
6,694
-
Charged to the profit and loss account
6,694
-
Provision at end of year
6,694
-
A deferred taxation reserve has been created due to accelerated capital allowances of some £6,694
This reserve will reverse in future periods and create a tax liability at the prevailing rate on the day.
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10
10
D & D DRYLINING (LINCOLN) LIMITED
Notes to the Accounts
for the year ended 30 September 2025
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Unsecured Loan from the company
-
12,383
-
12,383
Unsecured Loan from the company
-
12,383
-
12,383
11
Average number of employees
During the year the average number of employees was 2 (2024: 2).