DDM Private Hire Ltd - Filleted accounts

Registered number

06039635

DDM Private Hire Ltd

Filleted Accounts

31 January 2026

DDM Private Hire Ltd
Registered number:		06039635
Balance Sheet
as at 31 January 2026

	Notes		2026			2025
£				£
Fixed assets
Intangible assets	3		1			1
Tangible assets	4		204,313			210,332
			204,314			210,333

Current assets
Debtors	5	16,570			42,004
Cash at bank and in hand		14,633			9,634
		31,203			51,638

Creditors: amounts falling due within one year	6	(86,092)			(87,354)

Net current liabilities			(54,889)			(35,716)

Total assets less current liabilities			149,425			174,617

Creditors: amounts falling due after more than one year	7		(148,862)			(169,314)



Net assets			563			5,303

Capital and reserves
Called up share capital			2			2
Profit and loss account			561			5,301

Shareholders' funds			563			5,303

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.



David Malthouse
Director
Approved by the board on 26 October 2026

DDM Private Hire Ltd
Notes to the Accounts
for the year ended 31 January 2026


1	Accounting policies

	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).


	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.






	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Goodwill	fully amortised

	Tangible fixed assets
	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 & equipment	over 5 to 8 years
	Motor vehicles	over 5 to 8 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Grants
	Grants which relate to revenue are recognised as income in the period the related costs are incurred and for which the grant is intended to compensate. Grants which are received for compensation for expenses or losses which have already been incurred is recognised as income when it is received or receivable. Grants which relate to assets are recognised in income on a systematic basis over the useful life of the asset.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			3		4


3	Intangible fixed assets					£
	Goodwill:

	Cost
	At 1 February 2025					26,250
	At 31 January 2026					26,250

	Amortisation
	At 1 February 2025					26,249
	At 31 January 2026					26,249

	Net book value
	At 31 January 2026					1
	At 31 January 2025					1

	Goodwill has been fully written off.


4	Tangible fixed assets
		Plant & equipment etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 February 2025	9,500		229,598		239,098
	Additions	-		33,700		33,700
	Disposals	-		(43,498)		(43,498)
	At 31 January 2026	9,500		219,800		229,300

	Depreciation
	At 1 February 2025	9,499		19,267		28,766
	Charge for the year	-		6,202		6,202
	On disposals	-		(9,981)		(9,981)
	At 31 January 2026	9,499		15,488		24,987

	Net book value
	At 31 January 2026	1		204,312		204,313
	At 31 January 2025	1		210,331		210,332


5	Debtors			2026		2025
£					£

	Trade debtors			16,570		42,004


6	Creditors: amounts falling due within one year			2026		2025
£					£

	Trade & other creditors (includes directors loans)			86,092		87,354


7	Creditors: amounts falling due after one year			2026		2025
£					£

	Loans & other creditors (includes directors loans)			148,862		169,314


8	Other information

	DDM Private Hire Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Valley House
	Kingsway South
	Team Valley
	Gateshead
	NE11 0JW