Registration number: 04934504

Dominion Woodworking Machinery Ltd

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 5

Dominion Woodworking Machinery Ltd

(Registration number: 04934504)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	35,694	49,543
Current assets
Debtors	5	520	19
Cash at bank and in hand		238,235	214,081
		238,755	214,100
Creditors: Amounts falling due within one year	6	(203,163)	(223,609)
Net current assets/(liabilities)		35,592	(9,509)
Net assets		71,286	40,034
Capital and reserves
Called up share capital	7	20	19
Retained earnings		71,266	40,015
Shareholders' funds		71,286	40,034

For the financial year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 3 November 2026 and signed on its behalf by:
 

......................................... Mr J Varey Director

Dominion Woodworking Machinery Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
39B Churchill Way
Lomeshaye Industrial Estate
Nelson
Lancashire
BB9 6RT

These financial statements were authorised for issue by the Board on 3 November 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Dominion Woodworking Machinery Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Motor vehicles	25% per annum reducing balance basis
Plant and machinery	25% per annum reducing balance basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, With the difference between the proceeds, net of transaction costs, and the amount due On redemption being recognised as a charge to the profit and loss account over thr period of the relevant borrowing. Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges. Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dominion Woodworking Machinery Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2025 - 0).

4	Tangible assets

	Motor vehicles  £	Plant and machinery £	Total £
Cost
At 1 April 2025	47,100	34,200	81,300
Disposals	(3,200)	-	(3,200)
At 31 March 2026	43,900	34,200	78,100
Depreciation
At 1 April 2025	18,398	13,359	31,757
Charge for the year	6,688	5,211	11,899
Eliminated on disposal	(1,250)	-	(1,250)
At 31 March 2026	23,836	18,570	42,406
Carrying amount
At 31 March 2026	20,064	15,630	35,694
At 31 March 2025	28,702	20,841	49,543

5

Debtors

	2026 £	2025 £
Trade debtors	500	-
Other debtors	20	19
	520	19

Dominion Woodworking Machinery Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

6

Creditors

	Note	2026 £	2025 £
Due within one year
Amounts owed to group undertakings	8	190,200	210,840
Taxation and social security		12,057	12,269
Accruals and deferred income		906	500
		203,163	223,609

7	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary A shares of £1 each	10	10	10	10
Ordinary B shares of £1 each	9	9	9	9
Ordinary C shares of £1 each	1	1	-	-
	20	20	19	19

8	Related party transactions

Summary of transactions with subsidiaries

V.W.M. Limited

Income and receivables from related parties

2026	Subsidiary £
Sale of goods	51,000

2025	Subsidiary £
Sale of goods	52,350

Expenditure with and payables to related parties

2026	Subsidiary £
Amounts payable to related party	190,200

2025	Subsidiary £
Amounts payable to related party	210,840