REGISTERED NUMBER: 12538386 (England and Wales)

D.W.M Plastering & Damp Specialists Ltd

Unaudited Financial Statements

for the Year Ended 31 March 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D W Malbon

C Joyce

REGISTERED OFFICE:

Unit 45 Shelton Enterprise Centre

Bedford Street

Shelton

Stoke-on-Trent

Staffordshire

ST1 4PZ

REGISTERED NUMBER:

12538386 (England and Wales)

ACCOUNTANTS:

Slaters & Co Accountants

Lymore Villa

162a London Road

Chesterton

Newcastle

Staffordshire

ST5 7JB

FIXED ASSETS

Tangible assets

5

8,059

9,615

CURRENT ASSETS

Stocks

1,025

994

Debtors

6

1,378

4,812

Cash at bank

4,179

9,198

6,582

15,004

CREDITORS

Amounts falling due within one year

7

23,698

23,773

NET CURRENT LIABILITIES

(17,116

)

(8,769

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(9,057

)

846

CREDITORS

Amounts falling due after more than one year

8

-

2,196

NET LIABILITIES

(9,057

)

(1,350

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(9,157

)

(1,450

)

(9,057

)

(1,350

)

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 20 July 2026 and were signed on its behalf by:

D W Malbon - Director

C Joyce - Director

1.	STATUTORY INFORMATION

D.W.M Plastering & Damp Specialists Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoice value of goods / services provided, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

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

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2025

2,967

615

18,998

358

22,938

Additions

687

-

-

-

687

At 31 March 2026

3,654

615

18,998

358

23,625

DEPRECIATION

At 1 April 2025

1,991

221

10,861

250

13,323

Charge for year

416

80

1,711

36

2,243

At 31 March 2026

2,407

301

12,572

286

15,566

NET BOOK VALUE

At 31 March 2026

1,247

314

6,426

72

8,059

At 31 March 2025

976

394

8,137

108

9,615

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2025

and 31 March 2026

15,998

DEPRECIATION

At 1 April 2025

9,549

Charge for year

1,289

At 31 March 2026

10,838

NET BOOK VALUE

At 31 March 2026

5,160

At 31 March 2025

6,449

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

1,378

4,812

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

9,835

6,071

Hire purchase contracts

2,196

3,295

Trade creditors

2,167

3,056

Taxation and social security

8,203

10,618

Other creditors

1,297

733

23,698

23,773

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Hire purchase contracts

-

2,196

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Hire purchase contracts

2,196

5,491

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

2026

2025

£

£

D W Malbon

Balance outstanding at start of year

1,760

-

Amounts advanced

15,978

17,430

Amounts repaid

(18,015

)

(15,670

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(277

)

1,760

C Joyce

Balance outstanding at start of year

1,760

-

Amounts advanced

15,978

17,430

Amounts repaid

(18,015

)

(15,670

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(277

)

1,760

Loans to directors were repaid within 9 months of the year end.