Caseware UK (AP4) 2022.0.179 2022.0.179 2022-03-312022-03-312021-04-01falsetrue1No description of principal activity1trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11536946 2021-04-01 2022-03-31 11536946 2020-04-01 2021-03-31 11536946 2022-03-31 11536946 2021-03-31 11536946 c:Director1 2021-04-01 2022-03-31 11536946 d:PlantMachinery 2021-04-01 2022-03-31 11536946 d:PlantMachinery 2022-03-31 11536946 d:PlantMachinery 2021-03-31 11536946 d:PlantMachinery d:OwnedOrFreeholdAssets 2021-04-01 2022-03-31 11536946 d:OfficeEquipment 2021-04-01 2022-03-31 11536946 d:OfficeEquipment 2022-03-31 11536946 d:OfficeEquipment 2021-03-31 11536946 d:OfficeEquipment d:OwnedOrFreeholdAssets 2021-04-01 2022-03-31 11536946 d:ComputerEquipment 2021-04-01 2022-03-31 11536946 d:OwnedOrFreeholdAssets 2021-04-01 2022-03-31 11536946 d:CurrentFinancialInstruments 2022-03-31 11536946 d:CurrentFinancialInstruments 2021-03-31 11536946 d:Non-currentFinancialInstruments 2022-03-31 11536946 d:Non-currentFinancialInstruments 2021-03-31 11536946 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 11536946 d:CurrentFinancialInstruments d:WithinOneYear 2021-03-31 11536946 d:Non-currentFinancialInstruments d:AfterOneYear 2022-03-31 11536946 d:Non-currentFinancialInstruments d:AfterOneYear 2021-03-31 11536946 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-03-31 11536946 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2021-03-31 11536946 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-03-31 11536946 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2021-03-31 11536946 d:ShareCapital 2022-03-31 11536946 d:ShareCapital 2021-03-31 11536946 d:RetainedEarningsAccumulatedLosses 2022-03-31 11536946 d:RetainedEarningsAccumulatedLosses 2021-03-31 11536946 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2022-03-31 11536946 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2021-03-31 11536946 d:AcceleratedTaxDepreciationDeferredTax 2022-03-31 11536946 d:AcceleratedTaxDepreciationDeferredTax 2021-03-31 11536946 d:TaxLossesCarry-forwardsDeferredTax 2022-03-31 11536946 d:TaxLossesCarry-forwardsDeferredTax 2021-03-31 11536946 c:OrdinaryShareClass1 2021-04-01 2022-03-31 11536946 c:OrdinaryShareClass1 2022-03-31 11536946 c:OrdinaryShareClass1 2021-03-31 11536946 c:FRS102 2021-04-01 2022-03-31 11536946 c:AuditExempt-NoAccountantsReport 2021-04-01 2022-03-31 11536946 c:FullAccounts 2021-04-01 2022-03-31 11536946 c:PrivateLimitedCompanyLtd 2021-04-01 2022-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 11536946










DC STRUCTURAL SERVICES LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022
 


 
DC STRUCTURAL SERVICES LIMITED
REGISTERED NUMBER: 11536946

BALANCE SHEET
AS AT 31 MARCH 2022

2022
2021
Note
£
£

Fixed assets
  

Tangible Fixed Assets
 4 
29,672
17,474

Current assets
  

Debtors: amounts falling due within one year
 5 
13,490
3,815

Cash at bank and in hand
 6 
151
9,724

  
13,641
13,539

Creditors: amounts falling due within one year
 7 
(10,696)
(10,461)

Net current assets
  
 
 
2,945
 
 
3,078

Total assets less current liabilities
  
32,617
20,552

Creditors: amounts falling due after more than one year
 8 
(28,118)
(16,702)

Provisions for liabilities
  

Deferred tax
 11 
(4,927)
(3,327)

  
 
 
(4,927)
 
 
(3,327)

Net (liabilities)/assets
  
(428)
523


Capital and reserves
  

Called up share capital 
 12 
100
100

Profit and loss account
  
(528)
423

  
(428)
523


Page 1

 
DC STRUCTURAL SERVICES LIMITED
REGISTERED NUMBER: 11536946

BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2022

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 


D Cahill
Director

Date: 16 October 2023

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
DC STRUCTURAL SERVICES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

1.Accounting policies

 
1.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
1.2

Going concern

The company’s operations have been adversely affected by the effects of the Covid-19 pandemic, primarily as a result of the general downturn in business since March 2020. Due to the ongoing unpredictable nature of Covid-19, it is not clear when the company will return to pre-pandemic operating levels. However the director considers the company to be a going concern for the foreseeable future on the basis of the ongoing support of the director and the available government assistance.

 
1.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
1.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
1.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
DC STRUCTURAL SERVICES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

1.Accounting policies (continued)

 
1.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
1.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as follows.

Depreciation is provided on the following basis:

Plant and machinery
-
25%
reducing balance
Computer equipment
-
33%
on cost

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
1.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 4

 
DC STRUCTURAL SERVICES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

1.Accounting policies (continued)

 
1.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
1.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
1.11

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Balance sheet.

 
1.12

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

 
1.13

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


2.


General information

DC Structural Services Limited is a limited company incorporated in England and Wales. The Company’s
registered office address is The Stables, Little Coldharbour Farm, Tong Lane, Lamberhurst, Tunbridge Wells, Kent TN3 8AD.

Page 5

 
DC STRUCTURAL SERVICES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2021 - 1).


4.


Tangible fixed assets





Plant and machinery
Office equipment
Total

£
£
£



Cost or valuation


At 1 April 2021
20,864
3,431
24,295


Additions
24,594
628
25,222


Disposals
(14,490)
-
(14,490)



At 31 March 2022

30,968
4,059
35,027



Depreciation


At 1 April 2021
5,534
1,288
6,822


Charge for the year on owned assets
1,398
1,339
2,737


Disposals
(4,204)
-
(4,204)



At 31 March 2022

2,728
2,627
5,355



Net book value



At 31 March 2022
28,240
1,432
29,672



At 31 March 2021
15,331
2,143
17,474


5.


Debtors

2022
2021
£
£


Trade debtors
-
1,800

Other debtors
13,490
2,015

13,490
3,815


Included within other debtors due within one year is a loan to the director amounting to £5,356 (2021 - £1,871). The loan is non-interest bearing and the director intends to repay this loan in full by 31 December 2022.



Page 6

 
DC STRUCTURAL SERVICES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

6.


Cash and cash equivalents

2022
2021
£
£

Cash at bank and in hand
151
9,724



7.


Creditors: Amounts falling due within one year

2022
2021
£
£

Bank loans
7,996
3,298

Trade creditors
1,500
-

Taxation and social security
-
5,910

Other creditors
1,200
1,253

10,696
10,461



8.


Creditors: Amounts falling due after more than one year

2022
2021
£
£

Bank loans
28,118
16,702



9.


Loans


Analysis of the maturity of loans is given below:


2022
2021
£
£

Amounts falling due within one year

Bank loans
7,996
3,298

Amounts falling due 1-2 years

Bank loans
8,198
4,009

Amounts falling due 2-5 years

Bank loans
19,920
12,693

36,114
20,000


Page 7

 
DC STRUCTURAL SERVICES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

10.


Financial instruments

2022
2021
£
£

Financial assets


Financial assets measured at fair value through profit or loss
151
9,724




Financial assets measured at fair value through profit or loss comprise cash held.


11.


Deferred taxation




2022


£






At beginning of year
(3,327)


Charged to profit or loss
(1,600)



At end of year
(4,927)

The provision for deferred taxation is made up as follows:

2022
2021
£
£


Accelerated capital allowances
(5,638)
(3,327)

Tax losses carried forward
711
-

(4,927)
(3,327)


12.


Share capital

2022
2021
£
£
Allotted, called up and fully paid



100 (2021 - 100) Ordinary shares of £1.00 each
100
100


Page 8