Accounts



















	DGC MOTOR CO LTD



	UNAUDITED FINANCIAL STATEMENTS


	FOR THE YEAR ENDED 28 FEBRUARY 2025

	DGC MOTOR CO LTD
	FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 28 FEBRUARY 2025


	DIRECTOR

	D G Cunliffe



	SECRETARY

	D G Cunliffe

	REGISTERED OFFICE

	151 Lowton Road Golborne Warrington WA3 3HN


	COMPANY REGISTERED NUMBER

	04166548


	BANKERS

	National Westminster Bank plc


	ACCOUNTANTS

	R D Hill Associates
	Accountants
	5 Whinslee Drive Lostock Bolton BL6 4NB

	page 1

	DGC MOTOR CO LTD
	FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 28 FEBRUARY 2025



	CONTENTS

	Pages

	3-4	Abridged Statement of Financial Position

	5-8	Notes to the Financial Statements

	page 2

DGC MOTOR CO LTD
Company registered number: 04166548
ABRIDGED STATEMENT OF FINANCIAL POSITION AT 28 February 2025

	Note	2025		2024
		£	£	£
FIXED ASSETS
Property, plant and equipment			475,089	474,986
CURRENT ASSETS
Inventories		375,279		422,376
Debtors		230,319		204,905
Cash at bank and in hand		282,249		207,343
		887,847		834,624
CREDITORS: Amounts falling due within one year	4	51,805		57,573
NET CURRENT ASSETS			836,042	777,051
TOTAL ASSETS LESS CURRENT LIABILITIES			1,311,131	1,252,037

PROVISIONS FOR LIABILITIES			(550)	(777)
NET ASSETS			£1,310,581	£1,251,260

CAPITAL AND RESERVES
Called up share capital			200	200
Retained earnings			1,310,381	1,251,060
SHAREHOLDERS' FUNDS			£1,310,581	£1,251,260

	page 3

	DGC MOTOR CO LTD
	Company registered number: 04166548
	ABRIDGED STATEMENT OF FINANCIAL POSITION AT 28 February 2025 (CONT.)



	In approving these financial statements as director of the company I hereby confirm the following:

	For the year in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

	The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with section 476 of the Companies Act 2006.

	The directors acknowledge their responsibilities for: 1) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and 2) preparing financial statements that give a true and fair view of the state of affairs of the company at at the end of each financial year and of its profit or loss for the 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 the financial statements, so far as they are applicable to the company.



	These financial statements have been prepared in accordance with the provisions of the Companies Act 2006 relating to small companies

	All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 28 February 2025 in accordance with Section 444 (2A) of the Companies Act 2006

	In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered
	The financial statements were approved and authorised for issue by the board of directors on 24 November 2025

	Signed on behalf of the board of directors



	D G Cunliffe, Director

	page 4

	DGC MOTOR CO LTD
	NOTES TO THE ACCOUNTS
	FOR THE YEAR ENDED 28 FEBRUARY 2025



1.	SIGNIFICANT ACCOUNTING POLICIES


1a.	Statement of compliance

	DGC MOTOR CO LTD is a private limited company incorporated in England and Wales.

	Registered office:
	151 Lowton Road Golborne Warrington WA3 3HN
	These financial statements are the first financial statements that comply with FRS 102. The date of transition is 1 March 2024.

	The transition to FRS 102 has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in notes and below. These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

	Basis of accounting


	The financial statements have been prepared under the historical cost convention. The presentation currency is £ sterling.


1c.	Revenue recognition

	Income is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.


1d.	Borrowing costs

	Borrowing costs directly attributable to the acquisition, construction or production of qualifying assets, which are assets that necessarily take a substantial period of time to get ready for their intended use or sale, are added to the cost of those assets, until such time as the assets are substantially ready for their intended use or sale. Investment income earned on the temporary investment of specific borrowings pending their expenditure on qualifying assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.

	page 5

	DGC MOTOR CO LTD
	NOTES TO THE ACCOUNTS (CONT.)
	FOR THE YEAR ENDED 28 FEBRUARY 2025



1.	SIGNIFICANT ACCOUNTING POLICIES (CONT.)


1e.	Taxation

	Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. The measurement of deferred tax liabilities and assets reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities. Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.


1f.	Property, plant and equipment

	Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.

	Plant and machinery	Reducing balance 15%
	Vehicles	Reducing balance 25%
	Fixtures and fittings	Reducing balance 15%
	Equipment	Reducing balance 15%


1g.	Inventories

	Stocks are stated at the lower of cost and net realisable value. Cost includes all costs incurred in bringing each product to its present location and condition.


1h.	Short term debtors and creditors

	Debtors and creditors receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in profit and loss.


1i.	Cash and cash equivalents

	Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. For the purpose of statement of cash flows, bank overdrafts which are repayable on demand form an integral part of the Company's cash management are included as a component of cash and cash equivalents.

	page 6

	DGC MOTOR CO LTD
	NOTES TO THE ACCOUNTS (CONT.)
	FOR THE YEAR ENDED 28 FEBRUARY 2025



1.	SIGNIFICANT ACCOUNTING POLICIES (CONT.)


1j.	Interest bearing borrowings

	All interest-bearing loans and borrowings which are basic financial instruments are initially recognised at the present value of cash payable to the bank (including interest). After initial recognition they are measured at amortised cost using the effective interest rate method, less impairment. Any difference between the amount initially recognised and redemption value is recognised in profit and loss together with any interest and fees payable.


1k.	Leased assets

	Assets held under finance leases, which are leases where substantially all the risks and rewards of ownership of the asset have passed to the Company are capitalised in the balance sheet and are depreciated over the shorter of the lease term and the asset's useful life. A corresponding liability is recognised for the lower of the fair value of the leased asset and the present value of the minimum lease payments in the balance sheet. Lease payments are apportioned between the reduction of the lease liability and finance charges in the income statement so as to achieve a constant rate of interest on the remaining balance of the liability. Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term. Lease incentives are recognised over the lease term on a straight line basis.


1l.	Employee benefits

	The obligations for contributions to defined contribution scheme are recognised as an expense as incurred. The assets of the scheme are held separately from those of the Company in an independent administered fund.


1m.	Judgements and key sources of estimation uncertainty

	In the application of the Company's accounting policies, management is required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. The key sources of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are described below:

	page 7

	DGC MOTOR CO LTD
	NOTES TO THE ACCOUNTS (CONT.)
	FOR THE YEAR ENDED 28 FEBRUARY 2025



2.	DIRECTORS AND EMPLOYEES

	Employee costs during the year amounted to:	2025	2024
		£	£
	Wages and salaries	68,328	64,751
	Social security costs	227	(233)
	Pension costs	1,014	873
		£69,569	£65,391
	The average weekly number of employees during the year were as follows:
		2025	2024
		No.	No.
	Management and administration	2	2
	Production and sales	3	4
		5	6


3.	FIXED ASSETS
		Property	Total
		plant &
		equipment
		£	£
	Cost or valuation
	At 1 March 2024	495,806	495,806
	Additions	669	669
	At 28 February 2025	496,475	496,475

	Provision for depreciation,
	amortisation and impairment
	At 1 March 2024	20,820	20,820
	For the year	566	566
	At 28 February 2025	21,386	21,386

	Net Book Value

	At 28 February 2025	475,089	475,089
	At 29 February 2024	474,986	474,986



4.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		2025	2024
		£	£
	Trade creditors	24,260	23,219
	Corporation tax	25,564	30,160
	Other taxes and social security	-	2,468
	Accruals and deferred income	1,981	1,726
		£51,805	£57,573

page 8