15 August 2022 false No description of principal activity Taxfiler 2023.9 true 14295884business:PrivateLimitedCompanyLtd2022-08-152023-09-30 142958842022-08-14 142958842022-08-152023-09-30 14295884business:AuditExemptWithAccountantsReport2022-08-152023-09-30 14295884business:FilletedAccounts2022-08-152023-09-30 142958842023-09-30 14295884business:Director12022-08-152023-09-30 14295884business:RegisteredOffice2022-08-152023-09-30 14295884core:WithinOneYear2023-09-30 14295884core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 14295884core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 14295884core:PreviouslyStatedAmount2023-09-30 14295884business:SmallEntities2022-08-152023-09-30 14295884countries:EnglandWales2022-08-152023-09-30 14295884core:PlantMachinery2022-08-152023-09-30 14295884core:MotorVehicles2022-08-152023-09-30 14295884core:FurnitureFittings2022-08-152023-09-30 14295884core:ComputerEquipment2022-08-152023-09-30 14295884core:PlantMachinery2022-08-14 14295884core:MotorVehicles2022-08-14 14295884core:FurnitureFittings2022-08-14 14295884core:ComputerEquipment2022-08-14 14295884core:PlantMachinery2023-09-30 14295884core:MotorVehicles2023-09-30 14295884core:FurnitureFittings2023-09-30 14295884core:ComputerEquipment2023-09-30 14295884core:AcceleratedTaxDepreciationDeferredTax2023-09-30 14295884business:OrdinaryShareClass12022-08-152023-09-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 14295884 (England and Wales)
Donellon Contractors Limited Unaudited accounts for the period from 15 August 2022 to 30 September 2023
Donellon Contractors Limited Unaudited accounts Contents
Page
- 2 -
Donellon Contractors Limited Company Information for the period from 15 August 2022 to 30 September 2023
Director
Richard George Eyre
Company Number
14295884 (England and Wales)
Registered Office
136 Hall Street Stockport Greater Manchester SK1 4HE
Accountants
Bee Motion Accounting Limited 136 Hall Street Stockport Greater Manchester SK1 4HE
- 3 -
Donellon Contractors Limited Statement of financial position as at 30 September 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
12,988 
Current assets
Debtors
42,576 
Cash at bank and in hand
39,565 
82,141 
Creditors: amounts falling due within one year
(53,638)
Net current assets
28,503 
Total assets less current liabilities
41,491 
Provisions for liabilities
Deferred tax
(2,468)
Net assets
39,023 
Capital and reserves
Called up share capital
100 
Profit and loss account
38,923 
Shareholders' funds
39,023 
For the period ending 30 September 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 7 October 2023 and were signed on its behalf by
Richard George Eyre Director Company Registration No. 14295884
- 4 -
Donellon Contractors Limited Notes to the Accounts for the period from 15 August 2022 to 30 September 2023
1
Statutory information
Donellon Contractors Limited is a private company, limited by shares, registered in England and Wales, registration number 14295884. The registered office is 136 Hall Street, Stockport, Greater Manchester, SK1 4HE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
Presentation currency
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
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/or services. i) Sale of goods Turnover from the sale of goods are recognised when significant risks and rewards of ownership have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company. ii) Rendering of services 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line
Motor vehicles
20% Reducing Balance
Fixtures & fittings
25% Straight Line
Computer equipment
25% Straight Line
Taxation
Taxation expense for the period comprises current and deferred tax recognised in the reporting period. Tax is recognised in the profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case tax is also recognised in other comprehensive income or directly in equity respectively. Current tax is the amount of income tax payable in respect of the taxable profit for the year or prior years. Tax is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the period end. Management periodically evaluates positions taken in tax returns with respect to situations in which applicable tax regulation is subject to interpretation. It establishes provisions where appropriate on the basis of amounts expected to be paid to the tax authorities.
- 5 -
Donellon Contractors Limited Notes to the Accounts for the period from 15 August 2022 to 30 September 2023
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Employee benefits
The company offers a range of benefits to employees, including bonus arrangements, paid holiday arrangements and defined contribution pension plans. Short-term employee benefits are those expected to be settled wholly before twelve months after the end of the annual reporting period during which employee services are rendered, but do not include termination benefits.
Pension scheme
The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations. The contributions are recognised as an expense when they are due. Amounts not paid are shown within 'taxes and social security' on the balance sheet. The assets of the plan are held separately from the company in independently administered funds.
Going concern
The company has considerable financial resources together with contracts with a number of clients. The director believes that the company is well placed to manage its business risks successfully. After making enquiries, the director has reasonable expectations that the company has adequate resources to continue in operational existence for a period of at least twelve months and for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual report.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 15 August 2022
- 
- 
- 
- 
- 
Additions
4,552 
5,793 
2,300 
1,097 
13,742 
At 30 September 2023
4,552 
5,793 
2,300 
1,097 
13,742 
Depreciation
Charge for the period
569 
114 
48 
23 
754 
At 30 September 2023
569 
114 
48 
23 
754 
Net book value
At 30 September 2023
3,983 
5,679 
2,252 
1,074 
12,988 
- 6 -
Donellon Contractors Limited Notes to the Accounts for the period from 15 August 2022 to 30 September 2023
5
Debtors
2023 
£ 
Amounts falling due within one year
Trade debtors
5,947 
Accrued income and prepayments
4,872 
Other debtors
31,757 
42,576 
6
Creditors: amounts falling due within one year
2023 
£ 
Trade creditors
6,210 
Taxes and social security
22,417 
Loans from directors
23,536 
Accruals
1,475 
53,638 
7
Deferred taxation
2023 
£ 
Accelerated capital allowances
2,468 
2023 
£ 
Charged to the profit and loss account
2,468 
Provision at end of period
2,468 
8
Share capital
2023 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
9
Average number of employees
During the period the average number of employees was 2.
- 7 -