IRIS Accounts Production v22.1.4.3 06861481 director 1.4.21 31.3.22 31.3.22 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure068614812021-03-31068614812022-03-31068614812021-04-012022-03-31068614812020-03-31068614812020-04-012021-03-31068614812021-03-3106861481ns16:EnglandWales2021-04-012022-03-3106861481ns15:PoundSterling2021-04-012022-03-3106861481ns11:Director12021-04-012022-03-3106861481ns11:PrivateLimitedCompanyLtd2021-04-012022-03-3106861481ns11:SmallEntities2021-04-012022-03-3106861481ns11:AuditExempt-NoAccountantsReport2021-04-012022-03-3106861481ns11:SmallCompaniesRegimeForDirectorsReport2021-04-012022-03-3106861481ns11:SmallCompaniesRegimeForAccounts2021-04-012022-03-3106861481ns11:FullAccounts2021-04-012022-03-3106861481ns11:CompanySecretary12021-04-012022-03-3106861481ns11:RegisteredOffice2021-04-012022-03-3106861481ns6:CurrentFinancialInstruments2022-03-3106861481ns6:CurrentFinancialInstruments2021-03-3106861481ns6:Non-currentFinancialInstruments2022-03-3106861481ns6:Non-currentFinancialInstruments2021-03-3106861481ns6:ShareCapital2022-03-3106861481ns6:ShareCapital2021-03-3106861481ns6:RetainedEarningsAccumulatedLosses2022-03-3106861481ns6:RetainedEarningsAccumulatedLosses2021-03-3106861481ns6:PlantMachinery2021-04-012022-03-3106861481ns6:MotorVehicles2021-04-012022-03-3106861481ns6:ComputerEquipment2021-04-012022-03-3106861481ns6:PlantMachinery2021-03-3106861481ns6:MotorVehicles2021-03-3106861481ns6:ComputerEquipment2021-03-3106861481ns6:PlantMachinery2022-03-3106861481ns6:MotorVehicles2022-03-3106861481ns6:ComputerEquipment2022-03-3106861481ns6:PlantMachinery2021-03-3106861481ns6:MotorVehicles2021-03-3106861481ns6:ComputerEquipment2021-03-3106861481ns6:MotorVehiclesns6:LeasedAssetsHeldAsLessee2021-03-3106861481ns6:MotorVehiclesns6:LeasedAssetsHeldAsLessee2021-04-012022-03-3106861481ns6:MotorVehiclesns6:LeasedAssetsHeldAsLessee2022-03-3106861481ns6:MotorVehiclesns6:LeasedAssetsHeldAsLessee2021-03-3106861481ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-3106861481ns6:WithinOneYearns6:CurrentFinancialInstruments2021-03-3106861481ns6:AfterOneYearns6:Non-currentFinancialInstruments2022-03-3106861481ns6:AfterOneYearns6:Non-currentFinancialInstruments2021-03-3106861481ns11:Director112021-03-3106861481ns11:Director112020-03-3106861481ns11:Director112021-04-012022-03-3106861481ns11:Director112020-04-012021-03-3106861481ns11:Director112022-03-3106861481ns11:Director112021-03-31
REGISTERED NUMBER: 06861481 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2022

for

D M B Flat Roofing & Building Services
Ltd

D M B Flat Roofing & Building Services
Ltd (Registered number: 06861481)






Contents of the Financial Statements
for the Year Ended 31 March 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


D M B Flat Roofing & Building Services
Ltd

Company Information
for the Year Ended 31 March 2022







DIRECTOR: D M Beagley





SECRETARY: Mrs E K Beagley





REGISTERED OFFICE: 15a Longwood Avenue
Cowplain
Waterlooville
Hampshire
PO8 8HX





REGISTERED NUMBER: 06861481 (England and Wales)





ACCOUNTANTS: Ency Associates
Chartered Certified Accountants
Printware Court
Cumberland Business Centre
Northumberland Road
Portsmouth
Hampshire
PO5 1DS

D M B Flat Roofing & Building Services
Ltd (Registered number: 06861481)

Balance Sheet
31 March 2022

31.3.22 31.3.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,520 4,345

CURRENT ASSETS
Stocks 3,000 -
Debtors 5 81,897 71,636
Cash at bank 3,542 17,520
88,439 89,156
CREDITORS
Amounts falling due within one year 6 48,303 56,137
NET CURRENT ASSETS 40,136 33,019
TOTAL ASSETS LESS CURRENT
LIABILITIES

43,656

37,364

CREDITORS
Amounts falling due after more than
one year

7

(33,976

)

(51,470

)

PROVISIONS FOR LIABILITIES (669 ) (825 )
NET ASSETS/(LIABILITIES) 9,011 (14,931 )

D M B Flat Roofing & Building Services
Ltd (Registered number: 06861481)

Balance Sheet - continued
31 March 2022

31.3.22 31.3.21
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 8,911 (15,031 )
SHAREHOLDERS' FUNDS 9,011 (14,931 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 10 August 2022 and were signed by:





D M Beagley - Director


D M B Flat Roofing & Building Services
Ltd (Registered number: 06861481)

Notes to the Financial Statements
for the Year Ended 31 March 2022

1. STATUTORY INFORMATION

D M B Flat Roofing & Building Services Ltd 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.

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 represents invoices raised for work done and work in progress for the year net of VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant & machinery - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on cost

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 year 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.


D M B Flat Roofing & Building Services
Ltd (Registered number: 06861481)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

2. ACCOUNTING POLICIES - continued
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 year 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant & Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2021 591 12,453 899 13,943
Additions 208 - 140 348
At 31 March 2022 799 12,453 1,039 14,291
DEPRECIATION
At 1 April 2021 517 8,338 743 9,598
Charge for year 56 1,029 88 1,173
At 31 March 2022 573 9,367 831 10,771
NET BOOK VALUE
At 31 March 2022 226 3,086 208 3,520
At 31 March 2021 74 4,115 156 4,345

D M B Flat Roofing & Building Services
Ltd (Registered number: 06861481)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 April 2021
and 31 March 2022 6,283
DEPRECIATION
At 1 April 2021 3,632
Charge for year 663
At 31 March 2022 4,295
NET BOOK VALUE
At 31 March 2022 1,988
At 31 March 2021 2,651

5. DEBTORS
31.3.22 31.3.21
£    £   
Amounts falling due within one year:
Trade debtors 19,729 10,432
Other debtors 58,630 60,363
78,359 70,795

Amounts falling due after more than one year:
Other debtors 3,538 841

Aggregate amounts 81,897 71,636

D M B Flat Roofing & Building Services
Ltd (Registered number: 06861481)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Bank loans and overdrafts 18,750 16,103
Hire purchase contracts 1,172 1,172
Trade creditors 4,296 855
Taxation and social security 15,167 28,984
Other creditors 8,918 9,023
48,303 56,137

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.22 31.3.21
£    £   
Bank loans 26,600 35,000
Hire purchase contracts 960 2,132
Other creditors 6,416 14,338
33,976 51,470

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 1,400

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2022 and 31 March 2021:

31.3.22 31.3.21
£    £   
D M Beagley
Balance outstanding at start of year 33,808 44,271
Amounts advanced 57,499 60,878
Amounts repaid (74,919 ) (71,341 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 16,388 33,808

9. ULTIMATE CONTROLLING PARTY

The controlling party is D M Beagley.