D & N REILLY LIMITED

Company Registration Number:
06908329 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2018

Period of accounts

Start date: 01 April 2017

End date: 31 March 2018

D & N REILLY LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2018

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 8

D & N REILLY LIMITED

Company Information

for the Period Ended 31 March 2018




Director: Mr Declan Reilly
Mrs Natalie Reilly
Registered office: 26
Gibwood Road
Manchester
M22 4BT
Company Registration Number: 06908329 (England and Wales)

D & N REILLY LIMITED

Directors' Report Period Ended 31 March 2018

The directors present their report with the financial statements of the company for the period ended 31 March 2018

Principal Activities

Civil engineering contractors

Directors

The directors shown below have held office during the whole of the period from 01 April 2017 to 31 March 2018
Mr Declan Reilly
Mrs Natalie Reilly

This report was approved by the board of directors on 28 September 2018
And Signed On Behalf Of The Board By:

Name: Mr Declan Reilly
Status: Director

D & N REILLY LIMITED

Balance sheet

As at 31 March 2018


Notes

2018
£

2017
£
Fixed assets
Intangible assets: 2 5,250 9,750
Tangible assets: 3 324,719 313,112
Total fixed assets: 329,969 322,862
Current assets
Stocks: 3,995 3,940
Debtors: 84,412 64,084
Cash at bank and in hand: 136,197 187,958
Total current assets: 224,604 255,982
Creditors: amounts falling due within one year: ( 206,811 ) ( 210,342 )
Net current assets (liabilities): 17,793 45,640
Total assets less current liabilities: 347,762 368,502
Creditors: amounts falling due after more than one year: ( 22,386 ) ( 35,768 )
Total net assets (liabilities): 325,376 332,734

The notes form part of these financial statements

D & N REILLY LIMITED

Balance sheet continued

As at 31 March 2018


Notes

2018
£

2017
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 325,276 332,634
Shareholders funds: 325,376 332,734

For the year ending 31 March 2018 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 in accordance with section 476 of the Companies Act 2006.

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

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 28 September 2018
And Signed On Behalf Of The Board By:

Name: Mr Declan Reilly
Status: Director

The notes form part of these financial statements

D & N REILLY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

  • 1. Accounting policies

    Basis of measurement and preparation

    These accounts have been prepared under the historical cost convention of accounting.

    Turnover policy

    Turnover represents the amount derived from the provision of goods and services falling within the company's activities after deduction of trade discounts and VAT.

    Tangible fixed assets depreciation policy

    Depreciation of tangible fixed assets is calculated to write off their cost or valuation less any residual value over their estimated useful lives. The rates applied are: plant and equipment - 20%; commercial vehicles - 25%; computer equipment - 33%.

    Intangible fixed assets amortisation policy

    Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being ammortised evenly over its estimated useful life of ten years.

    Valuation information and policy

    Stock is valued at the lower of cost and net realisable value.

D & N REILLY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

  • 2. Intangible assets

    Total
    Cost £
    At 01 April 2017 45,000
    Additions 0
    Disposals (0)
    Revaluations -
    Transfers -
    At 31 March 2018 45,000
    Amortisation
    Amortisation at 01 April 2017 35,250
    Charge for year 4,500
    On disposals -
    Other adjustments -
    Amortisation at 31 March 2018 39,750
    Net book value
    Net book value at 31 March 2018 5,250
    Net book value at 31 March 2017 9,750

D & N REILLY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

3. Tangible Assets

Total
Cost £
At 01 April 2017 443,629
Additions 123,310
Disposals (44,695)
Revaluations -
Transfers -
At 31 March 2018 522,244
Depreciation
At 01 April 2017 130,517
Charge for year 83,045
On disposals (16,037)
Other adjustments -
At 31 March 2018 197,525
Net book value
At 31 March 2018 324,719
At 31 March 2017 313,112