Silverfin false 31/05/2023 01/04/2022 31/05/2023 D J Northover 06/11/2002 24 September 2023 The principal activity of the Company during the financial year was that of carpentry contractors. 04582978 2023-05-31 04582978 bus:Director1 2023-05-31 04582978 2022-03-31 04582978 core:CurrentFinancialInstruments 2023-05-31 04582978 core:CurrentFinancialInstruments 2022-03-31 04582978 core:Non-currentFinancialInstruments 2023-05-31 04582978 core:Non-currentFinancialInstruments 2022-03-31 04582978 core:ShareCapital 2023-05-31 04582978 core:ShareCapital 2022-03-31 04582978 core:RetainedEarningsAccumulatedLosses 2023-05-31 04582978 core:RetainedEarningsAccumulatedLosses 2022-03-31 04582978 core:PlantMachinery 2022-03-31 04582978 core:Vehicles 2022-03-31 04582978 core:PlantMachinery 2023-05-31 04582978 core:Vehicles 2023-05-31 04582978 2022-04-01 2023-05-31 04582978 bus:FullAccounts 2022-04-01 2023-05-31 04582978 bus:SmallEntities 2022-04-01 2023-05-31 04582978 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-05-31 04582978 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-05-31 04582978 bus:Director1 2022-04-01 2023-05-31 04582978 core:PlantMachinery 2022-04-01 2023-05-31 04582978 core:Vehicles 2022-04-01 2023-05-31 04582978 2021-04-01 2022-03-31 04582978 core:Non-currentFinancialInstruments 2022-04-01 2023-05-31 iso4217:GBP xbrli:pure

Company No: 04582978 (England and Wales)

D J NORTHOVER CARPENTRY CONTRACTORS LIMITED

Unaudited Financial Statements
For the financial period from 01 April 2022 to 31 May 2023
Pages for filing with the registrar

D J NORTHOVER CARPENTRY CONTRACTORS LIMITED

Unaudited Financial Statements

For the financial period from 01 April 2022 to 31 May 2023

Contents

D J NORTHOVER CARPENTRY CONTRACTORS LIMITED

BALANCE SHEET

As at 31 May 2023
D J NORTHOVER CARPENTRY CONTRACTORS LIMITED

BALANCE SHEET (continued)

As at 31 May 2023
Note 31.05.2023 31.03.2022
£ £
Fixed assets
Tangible assets 3 0 2,768
0 2,768
Current assets
Debtors 4 0 1,510
Cash at bank and in hand 802 1,514
802 3,024
Creditors: amounts falling due within one year 5 ( 10,322) ( 4,140)
Net current liabilities (9,520) (1,116)
Total assets less current liabilities (9,520) 1,652
Creditors: amounts falling due after more than one year 6 0 ( 4,316)
Provision for liabilities 0 ( 526)
Net liabilities ( 9,520) ( 3,190)
Capital and reserves
Called-up share capital 1 1
Profit and loss account ( 9,521 ) ( 3,191 )
Total shareholder's deficit ( 9,520) ( 3,190)

For the financial period ending 31 May 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of D J Northover Carpentry Contractors Limited (registered number: 04582978) were approved and authorised for issue by the Director on 24 September 2023. They were signed on its behalf by:

D J Northover
Director
D J NORTHOVER CARPENTRY CONTRACTORS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 April 2022 to 31 May 2023
D J NORTHOVER CARPENTRY CONTRACTORS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 April 2022 to 31 May 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

D J Northover Carpentry Contractors Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Reporting period length

The financial statements have been prepared using a 14 month period.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.
Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.
Revenue from services is recognised as they are delivered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a reducing balance basis over its expected useful life, as follows:

Plant and machinery 25 % reducing balance
Vehicles 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

Period from
01.04.2022 to
31.05.2023
Year ended
31.03.2022
Number Number
Monthly average number of persons employed by the Company during the period, including the director 2 2

3. Tangible assets

Plant and machinery Vehicles Total
£ £ £
Cost
At 01 April 2022 15,928 14,225 30,153
Disposals ( 15,928) ( 14,225) ( 30,153)
At 31 May 2023 0 0 0
Accumulated depreciation
At 01 April 2022 15,692 11,693 27,385
Charge for the financial period 70 738 808
Disposals ( 15,762) ( 12,431) ( 28,193)
At 31 May 2023 0 0 0
Net book value
At 31 May 2023 0 0 0
At 31 March 2022 236 2,532 2,768

4. Debtors

31.05.2023 31.03.2022
£ £
Corporation tax 0 1,487
Other debtors 0 23
0 1,510

5. Creditors: amounts falling due within one year

31.05.2023 31.03.2022
£ £
Bank loans 0 1,259
Other taxation and social security 0 2,082
Other creditors 10,322 799
10,322 4,140

6. Creditors: amounts falling due after more than one year

31.05.2023 31.03.2022
£ £
Bank loans 0 4,316

There are no amounts included above in respect of which any security has been given by the small entity.