REGISTERED NUMBER: 03743045 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

D B MOULDINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D Furlong

Mrs G L Furlong

J Furlong

SECRETARY:

Mrs G L Furlong

REGISTERED OFFICE:

Units 1, 2 & 3 Business Centre

Pontcynon Ind Est

Abercynon

Mountain Ash

Rhondda Cynon Taff

CF45 4EP

REGISTERED NUMBER:

03743045 (England and Wales)

ACCOUNTANTS:

James de Frias

Chartered Accountants

7 Centre Court

Main Avenue

Treforest Industrial Estate

Pontypridd

Rhondda Cynon Taff

CF37 5YR

BANKERS:

Barclays Bank

Pontypridd Business Centre

South Wales Valleys Group

PO Box No 32

Pontypridd

Mid Glamorgan

CF37 4YA

FIXED ASSETS

Intangible assets

4

18,000

36,000

Tangible assets

5

496,191

560,560

514,191

596,560

CURRENT ASSETS

Stocks

6

58,012

30,996

Debtors

7

507,697

492,480

Cash at bank and in hand

410,979

334,218

976,688

857,694

CREDITORS

Amounts falling due within one year

8

277,301

287,850

NET CURRENT ASSETS

699,387

569,844

TOTAL ASSETS LESS CURRENT LIABILITIES

1,213,578

1,166,404

CREDITORS

Amounts falling due after more than one year

9

-

(7,505

)

PROVISIONS FOR LIABILITIES

(64,989

)

(78,492

)

ACCRUALS AND DEFERRED INCOME

(34,600

)

(44,000

)

NET ASSETS

1,113,989

1,036,407

CAPITAL AND RESERVES

Called up share capital

10,050

10,050

Retained earnings

1,103,939

1,026,357

SHAREHOLDERS' FUNDS

1,113,989

1,036,407

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 July 2026 and were signed on its behalf by:

D Furlong - Director

1.	STATUTORY INFORMATION

D B Mouldings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% on cost

Plant and machinery

-

20% on cost

Motor vehicles

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Research and development

Expenditure on research and development is written off in accordance with the depreciation policy of the Company's machines and the treatment of the grant received by amortising over 5 years.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2025 - 21 ) .

4.	INTANGIBLE FIXED ASSETS

Development

Goodwill

costs

Totals

£

£

£

COST

At 1 April 2025

and 31 March 2026

96,000

15,522

111,522

AMORTISATION

At 1 April 2025

60,000

15,522

75,522

Amortisation for year

18,000

-

18,000

At 31 March 2026

78,000

15,522

93,522

NET BOOK VALUE

At 31 March 2026

18,000

-

18,000

At 31 March 2025

36,000

-

36,000

5.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

£

£

£

COST

At 1 April 2025

281,465

972,422

59,655

1,313,542

Additions

-

55,800

-

55,800

Disposals

-

(2,650

)

-

(2,650

)

At 31 March 2026

281,465

1,025,572

59,655

1,366,692

DEPRECIATION

At 1 April 2025

52,023

654,748

46,211

752,982

Charge for year

5,629

108,012

6,528

120,169

Eliminated on disposal

-

(2,650

)

-

(2,650

)

At 31 March 2026

57,652

760,110

52,739

870,501

NET BOOK VALUE

At 31 March 2026

223,813

265,462

6,916

496,191

At 31 March 2025

229,442

317,674

13,444

560,560

6.

STOCKS

31/3/26

31/3/25

£

£

Stocks

58,012

30,996

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Trade debtors

340,240

324,532

Amounts recoverable on contract

137,007

140,903

Other debtors

5,763

5,286

Inter Company

19,036

16,635

Directors' current accounts

527

-

Prepayments

5,124

5,124

507,697

492,480

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Bank loans and overdrafts

6,650

30,042

Trade creditors

132,770

136,967

Taxation and social security

135,081

114,882

Other creditors

2,800

5,959

277,301

287,850

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/26

31/3/25

£

£

Bank loans

-

7,505

10.	SECURED DEBTS

The following secured debts are included within creditors:

31/3/26

31/3/25

£

£

Bank loans

6,650

37,547

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

31/3/26

31/3/25

£

£

D Furlong

Balance outstanding at start of year

(3,209

)

172

Amounts advanced

32,614

21,619

Amounts repaid

(28,878

)

(25,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

527

(3,209

)

12.	RELATED PARTY NOTE

T2 Solutions UK Limited

A Company in which Mr Furlong is a shareholder.

During the year the Company sold items to D B Mouldings Limited totalling £84,239 (2025: £127,794).

Amount due from related party as at 31st March 2026 was £19,036 (2025: £16,635).