| D Martin Welding Ltd |
| Notes to the Accounts |
| for the year ended 31 August 2025 |
|
|
| 1 |
Accounting policies |
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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). |
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Turnover |
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Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. |
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Intangible fixed assets |
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Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. |
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Tangible fixed assets |
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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 |
25% reducing balance |
|
Motor vehicles |
25% reducing balance |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
3 |
|
2 |
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| 3 |
Intangible fixed assets |
£ |
|
Goodwill: |
|
|
Cost |
|
At 1 September 2024 |
47,000 |
|
At 31 August 2025 |
47,000 |
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|
|
|
|
|
|
|
|
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Amortisation |
|
At 1 September 2024 |
47,000 |
|
At 31 August 2025 |
47,000 |
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|
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|
|
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|
|
Net book value |
|
At 31 August 2025 |
- |
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Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years. |
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| 4 |
Tangible fixed assets |
|
|
|
|
Plant and machinery etc |
|
Motor vehicles |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 September 2024 |
16,090 |
|
134,027 |
|
150,117 |
|
Additions |
4,171 |
|
- |
|
4,171 |
|
Disposals |
- |
|
(5,187) |
|
(5,187) |
|
At 31 August 2025 |
20,261 |
|
128,840 |
|
149,101 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 September 2024 |
13,437 |
|
63,682 |
|
77,119 |
|
Charge for the year |
1,706 |
|
17,453 |
|
19,159 |
|
On disposals |
- |
|
(4,653) |
|
(4,653) |
|
At 31 August 2025 |
15,143 |
|
76,482 |
|
91,625 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 August 2025 |
5,118 |
|
52,358 |
|
57,476 |
|
At 31 August 2024 |
2,653 |
|
70,345 |
|
72,998 |
|
|
| 5 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
376,080 |
|
267,116 |
|
|
|
|
|
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|
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| 6 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade creditors |
28,333 |
|
41,106 |
|
Taxation and social security costs |
70,840 |
|
16,067 |
|
Other creditors |
7,902 |
|
6,627 |
|
|
|
|
|
|
107,075 |
|
63,800 |
|
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| 7 |
Other information |
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D Martin Welding Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
Unit 40 Youngs Industrial Estate |
|
Paices Hill, Aldermaston |
|
READING |
|
BERKSHIRE |
|
RG7 4PW |