General Information
D.J. Pollard Limited is a private company, limited by shares, registered in England and Wales, registration number 05045880, registration address 1a Sandringham Drive, Spondon, Derby, Derbyshire, DE21 7QL. The trading address of the company is The Linhay, Rodsley, Ashbourne, Derbyshire, DE6 3AN.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
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.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
| Land and Buildings |
0% Straight Line |
| Plant and Machinery |
15% Reducing Balance
|
| Computer Equipment |
33% Straight Line
|
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
|
| 2. |
Average number of employees
Average number of employees during the year was 3 (2024 : 3).
|
| 3. |
Tangible fixed assets
| Cost or valuation |
Land and Buildings |
|
Plant and Machinery |
|
Computer Equipment |
|
Total |
| |
£ |
|
£ |
|
£ |
|
£ |
| At 01 March 2024 |
200,000 |
|
19,762 |
|
1,674 |
|
221,436 |
| Additions |
- |
|
- |
|
- |
|
- |
| Disposals |
- |
|
(437) |
|
(1,049) |
|
(1,486) |
| Revaluations |
30,000 |
|
- |
|
- |
|
30,000 |
| At 28 February 2025 |
230,000 |
|
19,325 |
|
625 |
|
249,950 |
| Depreciation |
| At 01 March 2024 |
- |
|
7,633 |
|
1,066 |
|
8,699 |
| Charge for year |
- |
|
1,792 |
|
206 |
|
1,998 |
| On disposals |
- |
|
(255) |
|
(1,049) |
|
(1,304) |
| At 28 February 2025 |
- |
|
9,170 |
|
223 |
|
9,393 |
| Net book values |
| Closing balance as at 28 February 2025 |
230,000 |
|
10,155 |
|
402 |
|
240,557 |
| Opening balance as at 01 March 2024 |
200,000 |
|
12,129 |
|
608 |
|
212,737 |
|
| 4. |
Stocks
|
2025
£ |
|
2024
£ |
| Raw Materials |
200 |
|
891 |
|
200 |
|
891 |
|
| 5. |
Debtors: amounts falling due within one year
|
2025
£ |
|
2024
£ |
| Trade Debtors |
5,300 |
|
2,364 |
| Prepayments & Accrued Income |
368 |
|
352 |
| Amounts Recoverable on Contracts |
- |
|
223,873 |
| PAYE & Social Security |
2,717 |
|
- |
|
8,385 |
|
226,589 |
|
| 6. |
Creditors: amount falling due within one year
|
2025
£ |
|
2024
£ |
| Trade Creditors |
13,885 |
|
7,412 |
| Bank Loans & Overdrafts |
3,097 |
|
3,048 |
| Corporation Tax |
14,359 |
|
5,459 |
| PAYE & Social Security |
- |
|
716 |
| Accrued Expenses |
7,715 |
|
108,267 |
| Other Creditors |
1,406 |
|
2,120 |
| Wages & Salaries Control Account |
238 |
|
238 |
| Directors' Current Accounts |
131,539 |
|
130,497 |
| VAT |
3,762 |
|
1,274 |
|
176,001 |
|
259,031 |
Bank Loans & Overdrafts
Included within the bank loans & overdrafts is the Bounce Back Loan which is 100% Government guaranteed.
|
| 7. |
Creditors: amount falling due after more than one year
|
2025
£ |
|
2024
£ |
| Bank Loans & Overdrafts |
2,882 |
|
5,979 |
|
2,882 |
|
5,979 |
Bank Loans & Overdrafts
Included within the bank loans & overdrafts is the Bounce Back Loan which is 100% Government guaranteed.
|
| 8. |
Provisions for liabilities
|
2025
£ |
|
2024
£ |
| Deferred Tax |
16,583 |
|
12,974 |
| Charged to Profit & Loss |
5,286 |
|
3,609 |
|
21,869 |
|
16,583 |
|
| 9. |
Share Capital
Allotted, called up and fully paid
|
2025
£ |
|
2024
£ |
|
2
Class A shares of £1.00 each |
2 |
|
2 |
|
2 |
|
2 |
|
| 10. |
Revaluation Reserves
|
2025
£ |
|
2024
£ |
| Revaluation Reserve b/fwd |
67,031 |
|
47,031 |
| Revaluation of Fixed Assets |
30,000 |
|
20,000 |
|
97,031 |
|
67,031 |
|
2
|