6 false false false false false false false false false true false false false false false false No description of principal activity 2022-02-01 Sage Accounts Production Advanced 2021 - FRS102_2021 557,000 54,159 611,159 611,159 557,000 xbrli:pure xbrli:shares iso4217:GBP 07486588 2022-02-01 2023-01-31 07486588 2023-01-31 07486588 2022-01-31 07486588 2021-02-01 2022-01-31 07486588 2022-01-31 07486588 core:MotorVehicles 2022-02-01 2023-01-31 07486588 bus:Director3 2022-02-01 2023-01-31 07486588 core:MotorVehicles 2022-01-31 07486588 core:MotorVehicles 2023-01-31 07486588 core:WithinOneYear 2023-01-31 07486588 core:WithinOneYear 2022-01-31 07486588 core:AfterOneYear 2023-01-31 07486588 core:AfterOneYear 2022-01-31 07486588 core:ShareCapital 2023-01-31 07486588 core:ShareCapital 2022-01-31 07486588 core:RetainedEarningsAccumulatedLosses 2023-01-31 07486588 core:RetainedEarningsAccumulatedLosses 2022-01-31 07486588 core:CostValuation core:Non-currentFinancialInstruments 2022-01-31 07486588 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-01-31 07486588 core:CostValuation core:Non-currentFinancialInstruments 2023-01-31 07486588 core:Non-currentFinancialInstruments 2023-01-31 07486588 core:Non-currentFinancialInstruments 2022-01-31 07486588 core:MotorVehicles 2022-01-31 07486588 bus:SmallEntities 2022-02-01 2023-01-31 07486588 bus:AuditExemptWithAccountantsReport 2022-02-01 2023-01-31 07486588 bus:FullAccounts 2022-02-01 2023-01-31 07486588 bus:SmallCompaniesRegimeForAccounts 2022-02-01 2023-01-31 07486588 bus:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 07486588 core:FurnitureFittingsToolsEquipment 2022-02-01 2023-01-31 07486588 core:FurnitureFittingsToolsEquipment 2022-01-31 07486588 core:FurnitureFittingsToolsEquipment 2023-01-31 07486588 core:EntitiesControlledByKeyManagementPersonnel core:DividendsPaidTransactions 2022-02-01 2023-01-31
COMPANY REGISTRATION NUMBER: 07486588
D N CONSTRUCTION LTD
Filleted Unaudited Financial Statements
31 January 2023
D N CONSTRUCTION LTD
Statement of Financial Position
31 January 2023
2023
2022
Note
£
£
£
Fixed assets
Tangible assets
5
15,605
20,623
Investments
6
611,159
557,000
---------
---------
626,764
577,623
Current assets
Stocks
2,000
8,500
Debtors
7
2,488
36,358
Cash at bank and in hand
39,579
8,289
--------
--------
44,067
53,147
Creditors: amounts falling due within one year
8
152,467
110,409
---------
---------
Net current liabilities
108,400
57,262
---------
---------
Total assets less current liabilities
518,364
520,361
Creditors: amounts falling due after more than one year
9
23,383
33,389
---------
---------
Net assets
494,981
486,972
---------
---------
D N CONSTRUCTION LTD
Statement of Financial Position (continued)
31 January 2023
2023
2022
Note
£
£
£
Capital and reserves
Called up share capital
100
100
Profit and loss account
494,881
486,872
---------
---------
Shareholders funds
494,981
486,972
---------
---------
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 income and retained earnings has not been delivered.
For the year ending 31st January 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 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 16 October 2023 , and are signed on behalf of the board by:
Mr N Alija
Director
Company registration number: 07486588
D N CONSTRUCTION LTD
Notes to the Financial Statements
Year ended 31st January 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 6 Fairbrook Close, London, N13 6EZ.
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.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
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:
Motor Vehicles
-
25% reducing balance
Equipments
-
25% reducing balance
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
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.
Government grants
Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received.
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.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 6 (2022: 7 ).
5. Tangible assets
Motor vehicles
Equipment
Total
£
£
£
Cost
At 1st February 2022
118,584
5,377
123,961
Additions
183
183
---------
-------
---------
At 31st January 2023
118,584
5,560
124,144
---------
-------
---------
Depreciation
At 1st February 2022
98,971
4,367
103,338
Charge for the year
4,903
298
5,201
---------
-------
---------
At 31st January 2023
103,874
4,665
108,539
---------
-------
---------
Carrying amount
At 31st January 2023
14,710
895
15,605
---------
-------
---------
At 31st January 2022
19,613
1,010
20,623
---------
-------
---------
6. Investments
Other loans
£
Cost
At 1st February 2022
557,000
Additions
54,159
---------
At 31st January 2023
611,159
---------
Impairment
At 1st February 2022 and 31st January 2023
---------
Carrying amount
At 31st January 2023
611,159
---------
At 31st January 2022
557,000
---------
A loan of £557,000 was initially given at arms length terms to the real estates investment company DN Property Ltd which is registered in England and Wales and Mr N Alija and My Y Alija are the directors and shareholders. Interest due has been added to the loan capital annually.
7. Debtors
2023
2022
£
£
Trade debtors
1,528
Other debtors
960
36,358
-------
--------
2,488
36,358
-------
--------
8. Creditors: amounts falling due within one year
2023
2022
£
£
Bank loans and overdrafts
10,000
10,000
Corporation tax
4,670
10,137
Social security and other taxes
4,136
7,366
Other creditors
133,661
82,906
---------
---------
152,467
110,409
---------
---------
9. Creditors: amounts falling due after more than one year
2023
2022
£
£
Bank loans and overdrafts
23,383
33,389
--------
--------
10. Related party transactions
The company paid a dividend of £ 20,000 to Mr N Alija , the director.