REGISTERED NUMBER: 04942107 (England and Wales)

DJ Assembly Limited

Financial Statements

for the Period 30 April 2024 to 30 April 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A M Hunt

D L Yodaiken

S E Walter

C L Noyland

A R N Perkin

SECRETARY:

A M Hunt

REGISTERED OFFICE:

Unit 2, Birch Park

Huntington

North Yorkshire

YO31 9BL

REGISTERED NUMBER:

04942107 (England and Wales)

ACCOUNTANTS:

SMH Jolliffe Cork Ltd

Accountants & Business Advisors

33 George Street

Wakefield

West Yorkshire

WF1 1LX

FIXED ASSETS

Intangible assets

4

5,635

11,638

Tangible assets

5

865,369

554,005

871,004

565,643

CURRENT ASSETS

Stocks

1,389,305

1,160,682

Debtors

6

1,352,260

1,144,534

Cash at bank and in hand

28,715

40,548

2,770,280

2,345,764

CREDITORS

Amounts falling due within one year

7

1,994,859

1,496,546

NET CURRENT ASSETS

775,421

849,218

TOTAL ASSETS LESS CURRENT LIABILITIES

1,646,425

1,414,861

CREDITORS

Amounts falling due after more than one year

8

(490,597

)

(256,156

)

PROVISIONS FOR LIABILITIES

(121,638

)

(130,889

)

NET ASSETS

1,034,190

1,027,816

CAPITAL AND RESERVES

Called up share capital

11

10,000

10,000

Share premium

23

23

Retained earnings

1,024,167

1,017,793

1,034,190

1,027,816

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2025 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 31 October 2025 and were signed on its behalf by:

A M Hunt - Director

A R N Perkin - Director

1.	STATUTORY INFORMATION

DJ Assembly 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.

The company's functional and presentation currency is the pound sterling £. All financial information presented has been rounded to the nearest £, unless otherwise stated.

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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of four years.

Tangible fixed assets

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

Leasehold property improvement s

-

Over the term of the lease

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

25% on cost

Fixed assets are initially recorded at cost less grants received.

Stocks

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

Taxation

Taxation for the period 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 period 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 period was 64 (2024 - 60 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 30 April 2024

and 30 April 2025

15,000

24,009

39,009

AMORTISATION

At 30 April 2024

15,000

12,371

27,371

Charge for period

-

6,003

6,003

At 30 April 2025

15,000

18,374

33,374

NET BOOK VALUE

At 30 April 2025

-

5,635

5,635

At 29 April 2024

-

11,638

11,638

5.	TANGIBLE FIXED ASSETS

Leasehold

property

Fixtures

improvement

Plant and

and

s

machinery

fittings

£

£

£

COST

At 30 April 2024

-

485,508

46,231

Additions

348,336

35,518

34,599

At 30 April 2025

348,336

521,026

80,830

DEPRECIATION

At 30 April 2024

-

118,158

35,464

Charge for period

8,509

50,188

6,783

At 30 April 2025

8,509

168,346

42,247

NET BOOK VALUE

At 30 April 2025

339,827

352,680

38,583

At 29 April 2024

-

367,350

10,767

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 30 April 2024

224,546

33,860

790,145

Additions

-

9,380

427,833

At 30 April 2025

224,546

43,240

1,217,978

DEPRECIATION

At 30 April 2024

63,049

19,469

236,140

Charge for period

44,910

6,079

116,469

At 30 April 2025

107,959

25,548

352,609

NET BOOK VALUE

At 30 April 2025

116,587

17,692

865,369

At 29 April 2024

161,497

14,391

554,005

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

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 30 April 2024

and 30 April 2025

134,675

224,546

3,959

363,180

DEPRECIATION

At 30 April 2024

9,736

63,049

325

73,110

Charge for period

13,647

44,910

995

59,552

At 30 April 2025

23,383

107,959

1,320

132,662

NET BOOK VALUE

At 30 April 2025

111,292

116,587

2,639

230,518

At 29 April 2024

124,939

161,497

3,634

290,070

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,286,455

1,106,862

Prepayments and accrued income

65,805

37,672

1,352,260

1,144,534

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

41,454

10,000

Hire purchase contracts (see note 9)

87,572

72,279

Trade creditors

954,998

789,173

Tax

46,354

60,982

Social security and other taxes

47,327

37,591

VAT

99,858

135,097

Other creditors

84,336

3,730

Invoice finance

518,042

344,851

Directors' current accounts

28,845

7,802

Accruals and deferred income

86,073

35,041

1,994,859

1,496,546

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

54,346

15,833

Hire purchase contracts (see note 9)

152,751

240,323

Other creditors

283,500

-

490,597

256,156

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

87,572

72,279

Between one and five years

152,751

240,323

240,323

312,602

Non-cancellable

operating leases

2025

2024

£

£

Within one year

216,876

55,061

Between one and five years

685,267

40,771

In more than five years

1,008,900

-

1,911,043

95,832

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

95,800

25,833

Hire purchase contracts

240,323

312,602

Invoice finance

518,042

344,851

854,165

683,286

Bank loans are secured by way of a debenture with a fixed and floating charge over the assets of the company.

Interest is payable on the bank loans at a variable rate of Base Rate + 3.72%.

Hire purchase contracts are secured against the assets to which they relate.

Invoice financing is secured against certain book debts and by way of a debenture with a fixed and floating charge over the remaining assets of the company.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

5,050

A Ordinary

£1

5,050

5,050

2,450

B Ordinary

£1

2,450

2,450

2,400

C Ordinary

£1

2,400

2,400

100

D Ordinary

£1

100

100

10,000

10,000