Company Registration No. 10412901 (England and Wales)
DMD Contracts Limited
Unaudited accounts
for the year ended 30 October 2025
DMD Contracts Limited
Unaudited accounts
Contents
DMD Contracts Limited
Company Information
for the year ended 30 October 2025
Director
Daniel Reginald Davies
Company Number
10412901 (England and Wales)
Registered Office
35 Downs Road
London
E5 8QP
England
DMD Contracts Limited
Statement of financial position
as at 30 October 2025
Tangible assets
198,622
156,202
Cash at bank and in hand
19,070
36,756
Creditors: amounts falling due within one year
(329,584)
(275,650)
Net current assets
128,816
230,715
Total assets less current liabilities
327,438
386,917
Creditors: amounts falling due after more than one year
(127,897)
(120,203)
Net assets
199,541
266,714
Called up share capital
1
1
Profit and loss account
199,540
266,713
Shareholders' funds
199,541
266,714
For the year ending 30 October 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 director acknowledges his 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 and authorised for issue on 28 July 2026 and were signed on its behalf by
Daniel Reginald Davies
Director
Company Registration No. 10412901
DMD Contracts Limited
Notes to the Accounts
for the year ended 30 October 2025
DMD Contracts Limited is a private company, limited by shares, registered in England and Wales, registration number 10412901. The registered office is 35 Downs Road, London, E5 8QP, England.
2
Compliance with accounting standards
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies act 2006.
These are the first financial statements prepared under FRS 102 Section 1A. The company transitioned to FRS 102 1A from previous UK GAAP on 1 January 2015 however incorrectly submitted financial statements under previous UK GAAP for the period ended 31 October 2017. The policies applied under the entity?s previous accounting framework are not materially different from FRS 102 and have not impacted on equity or profit and loss. As such no prior period adjustments are required for the period ended 31 October 2017.
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.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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% on reducing value
Motor vehicles
20% on reducing 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.
DMD Contracts Limited
Notes to the Accounts
for the year ended 30 October 2025
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 31 October 2024
51,676
198,426
250,102
Additions
973
91,103
92,076
At 30 October 2025
52,649
289,529
342,178
At 31 October 2024
19,620
74,280
93,900
Charge for the year
6,606
43,050
49,656
At 30 October 2025
26,226
117,330
143,556
At 30 October 2025
26,423
172,199
198,622
At 30 October 2024
32,056
124,146
156,202
Amounts falling due within one year
Trade debtors
16,332
159,275
Accrued income and prepayments
175,963
-
Other debtors
191,642
96,234
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
16,636
23,546
Obligations under finance leases and hire purchase contracts
58,537
39,230
Trade creditors
3,747
66,131
Taxes and social security
157,464
124,878
Other creditors
93,200
2,241
DMD Contracts Limited
Notes to the Accounts
for the year ended 30 October 2025
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
104,975
103,769
8
Average number of employees
During the year the average number of employees was 3 (2024: 2).