DTH Engineering Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 5640281

DTH Engineering Limited

Filleted Unaudited Financial Statements

30 April 2025

DTH Engineering Limited

Statement of Financial Position

30 April 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5	404,806	314,156
Investments	6	271,184	29,750
		---------	---------
		675,990	343,906

Current assets

Stocks		5,000	5,000
Debtors	7	330,631	605,283
Cash at bank and in hand		515,397	385,025
		---------	---------
		851,028	995,308

Creditors: amounts falling due within one year	8	101,362		110,718
		---------		---------
Net current assets			749,666	884,590
			------------	------------
Total assets less current liabilities			1,425,656	1,228,496

Provisions

Taxation including deferred tax	37,446	15,814
	------------	------------
Net assets	1,388,210	1,212,682
	------------	------------

Capital and reserves

Called up share capital	10,000	10,000
Non distributable reserves	68,463	–
Profit and loss account	1,309,747	1,202,682
	------------	------------
Shareholders funds	1,388,210	1,212,682
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 30 April 2025 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 financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

DTH Engineering Limited

Statement of Financial Position (continued)

30 April 2025

These financial statements were approved by the board of directors and authorised for issue on 17 July 2025 , and are signed on behalf of the board by:

Mr R D HOOTON

Director

Company registration number: 5640281

DTH Engineering Limited

Notes to the Financial Statements

Year ended 30 April 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 7 Albion Close, Worksop, Nottinghamshire, S80 1RA.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The main area where the directors exercise judgements are relating to the useful economic life and residual value of fixed assets, resulting in the depreciation policy followed by the company.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Land and buildings	-	2% straight line
Plant and machinery	-	25% reducing balance
Fixtures and fittings	-	25% reducing balance
Motor vehicles	-	25% reducing balance

Investments

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. The company only has basic financial instruments. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 9 (2024: 9 ).

5. Tangible assets

	At 1 May 2024	Additions	Disposals	At 30 April 2025
	£	£	£	£
Cost
Land and buildings	289,611	76,518	–	366,129
Plant and machinery	546,450	–	–	546,450
Fixtures and fittings	21,039	–	–	21,039
Motor vehicles	19,859	46,362	( 19,859)	46,362
	---------	---------	--------	---------
	876,959	122,880	( 19,859)	979,980
	---------	---------	--------	---------

	At 1 May 2024	Charge for the year	Disposals	At 30 April 2025
	£	£	£	£
Depreciation
Land and buildings	36,852	5,792	–	42,644
Plant and machinery	488,844	14,400	–	503,244
Fixtures and fittings	17,876	786	–	18,662
Motor vehicles	19,231	10,725	( 19,332)	10,624
	---------	---------	--------	---------
	562,803	31,703	( 19,332)	575,174
	---------	---------	--------	---------

	At 30 April 2025	At 30 April 2024
	£	£
Carrying amount
Land and buildings	323,485	252,759
Plant and machinery	43,206	57,606
Fixtures and fittings	2,377	3,163
Motor vehicles	35,738	628
	---------	---------
	404,806	314,156
	---------	---------

6. Investments

	Other investments other than loans
	£
Cost
At 1 May 2024	29,750
Additions	175,928
Revaluations	65,506
	---------
At 30 April 2025	271,184
	---------
Impairment
At 1 May 2024 and 30 April 2025	–
	---------

Carrying amount
At 30 April 2025	271,184
	---------
At 30 April 2024	29,750
	---------

The original cost of the fixed asset investments is £202,721 (2024 - £26,793).

7. Debtors

	2025	2024
	£	£
Trade debtors	220,298	211,650
Other debtors	110,333	393,633
	---------	---------
	330,631	605,283
	---------	---------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	9,972	13,480
Corporation tax	39,697	43,015
Social security and other taxes	38,579	42,506
Pension control	1,507	1,452
Other creditors	11,607	10,265
	---------	---------
	101,362	110,718
	---------	---------

9. Financial instruments

The company only has basic financial instruments as follows: Cash and cash equivalents, cash is represented by cash in hand held with financial institutions. Debtors, short term debtors are measured at the transaction price less any impairment. Creditors, short term creditors are measured at the transaction price.

10. Directors' advances, credits and guarantees

At 1 May 2024 the directors owed the company £280,045 (1 May 2023 - £280,045). During the year the company made payment on behalf of directors of £398 (2024 - £nil) and the directors repaid £280,023 (2024 - £nil). The amount outstanding at 30 April 2024 was £420 owing by the directors (2024 - £280,045). Directors loans are repayable on demand and do not carry any interest. During the year the company paid dividends of £6,667 (2024 - £6,667).