REGISTERED NUMBER: 01872575 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026

FOR

DKM SHEET METAL COMPANY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr G R Goring

Mr S E Hearn

SECRETARY:

Mrs S M Goring

REGISTERED OFFICE:

Unit 9

Oldends Industrial Estate

Stonehouse

Gloucestershire

GL10 3RQ

REGISTERED NUMBER:

01872575 (England and Wales)

ACCOUNTANTS:

Shiner Mitchell Fisher & Co Ltd

Smith House

George Street

Nailsworth

Stroud

Gloucestershire

GL6 0AG

FIXED ASSETS

Tangible assets

4

2,353,265

1,462,644

CURRENT ASSETS

Stocks

170,970

182,136

Debtors

5

1,296,630

705,415

Cash at bank

1,313,486

1,683,234

2,781,086

2,570,785

CREDITORS

Amounts falling due within one year

6

1,538,854

1,310,888

NET CURRENT ASSETS

1,242,232

1,259,897

TOTAL ASSETS LESS CURRENT LIABILITIES

3,595,497

2,722,541

CREDITORS

Amounts falling due after more than one year

7

(853,132

)

(281,139

)

PROVISIONS FOR LIABILITIES

(537,181

)

(328,162

)

NET ASSETS

2,205,184

2,113,240

CAPITAL AND RESERVES

Called up share capital

66

66

Capital redemption reserve

33

33

Retained earnings

2,205,085

2,113,141

SHAREHOLDERS' FUNDS

2,205,184

2,113,240

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 4 August 2026 and were signed on its behalf by:

Mr S E Hearn - Director

1.	STATUTORY INFORMATION

DKM Sheet Metal Company 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 64 (2025 - 57 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2025

2,686,910

Additions

1,201,417

Disposals

(91,245

)

At 31 January 2026

3,797,082

DEPRECIATION

At 1 February 2025

1,224,266

Charge for year

268,945

Eliminated on disposal

(49,394

)

At 31 January 2026

1,443,817

NET BOOK VALUE

At 31 January 2026

2,353,265

At 31 January 2025

1,462,644

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

Plant and

machinery

etc

£

COST

At 1 February 2025

811,953

Additions

995,000

Disposals

(79,750

)

At 31 January 2026

1,727,203

DEPRECIATION

At 1 February 2025

245,949

Charge for year

99,025

Eliminated on disposal

(44,365

)

At 31 January 2026

300,609

NET BOOK VALUE

At 31 January 2026

1,426,594

At 31 January 2025

566,004

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade debtors

871,917

563,299

Other debtors

424,713

142,116

1,296,630

705,415

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Hire purchase contracts

428,344

91,015

Trade creditors

580,652

566,863

Taxation and social security

(20,000

)

125,961

Other creditors

549,858

527,049

1,538,854

1,310,888

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.26

31.1.25

£

£

Hire purchase contracts

853,132

281,139

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.1.26

31.1.25

£

£

Hire purchase contracts

1,281,476

372,154

9.	RELATED PARTY DISCLOSURES

During the year, total dividends of £500,000 were paid to the directors .