2022-02-01 07488471 2023-01-31 07488471 2022-02-01 2023-01-31 07488471 2022-01-31 07488471 2021-02-01 2022-01-31 07488471 uk-core:WithinOneYear 2022-01-31 07488471 uk-core:WithinOneYear 2023-01-31 07488471 uk-core:AfterOneYear 2022-01-31 07488471 uk-core:AfterOneYear 2023-01-31 07488471 uk-core:ShareCapital 2023-01-31 07488471 uk-core:ShareCapital 2022-01-31 07488471 uk-core:RetainedEarningsAccumulatedLosses 2023-01-31 07488471 uk-core:RetainedEarningsAccumulatedLosses 2022-01-31 07488471 uk-bus:Director1 2022-02-01 2023-01-31 07488471 uk-core:NetGoodwill 2022-02-01 2023-01-31 07488471 uk-core:CommunicationNetworkEquipment 2022-02-01 2023-01-31 07488471 uk-core:MotorVehicles 2022-02-01 2023-01-31 07488471 uk-core:ToolsEquipment 2022-02-01 2023-01-31 07488471 uk-core:Goodwill 2022-01-31 07488471 uk-core:Goodwill 2023-01-31 07488471 uk-core:Goodwill 2022-02-01 2023-01-31 07488471 uk-core:CommunicationNetworkEquipment 2022-01-31 07488471 uk-core:ToolsEquipment 2022-01-31 07488471 uk-core:MotorVehicles 2022-01-31 07488471 uk-core:PlantMachinery 2022-01-31 07488471 uk-core:PlantMachinery 2022-02-01 2023-01-31 07488471 uk-core:MotorVehicles 2023-01-31 07488471 uk-core:ToolsEquipment 2023-01-31 07488471 uk-core:CommunicationNetworkEquipment 2023-01-31 07488471 uk-core:PlantMachinery 2023-01-31 07488471 uk-core:WithinOneYear 2023-01-31 07488471 uk-core:WithinOneYear 2022-01-31 07488471 uk-core:AfterOneYear uk-core:Secured 2023-01-31 07488471 uk-core:AfterOneYear uk-core:Secured 2022-01-31 iso4217:GBP xbrli:pure 07488471 uk-bus:AuditExemptWithAccountantsReport 2022-02-01 2023-01-31 07488471 uk-bus:FRS102 2022-02-01 2023-01-31 07488471 uk-bus:FullAccounts 2022-02-01 2023-01-31 07488471 uk-bus:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31
L. A. Davies Construction Ltd
Registered Number:07488471
For the year ended 31 January 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 January 2023
L. A. Davies Construction Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
07488471
As at 31 January 2023
L. A. Davies Construction Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Intangible assets
4,250
4,750
2
Property, plant and equipment
61,329
56,858
3
65,579
61,608
Current assets
Trade and other receivables
65,277
13,916
4
62,973
Cash and cash equivalents
42,608
56,524
128,250
Trade and other payables: amounts falling due within one
year
(74,256)
(40,170)
5
53,994
16,354
Net current assets
Total assets less current liabilities
81,933
115,602
Trade and other payables: amounts falling due after more
than one year
(63,361)
(43,464)
6
(11,111)
(10,802)
Provisions for liabilities
27,358
Net assets
41,439
Capital and reserves
Called up share capital
1,000
1,000
Retained earnings
26,358
40,439
27,358
41,439
Shareholders' funds
For the year ended 31 January 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 of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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4
Registered Number :
07488471
For the year ended 31 January 2023
L. A. Davies Construction Ltd
Statement of Financial Position Continued
Mr L Davies Director
These financial statements were approved and authorised for issue by the Board on 17 October 2023 and were signed by:
The notes form part of these financial statements
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5
For the year ended 31 January 2023
L. A. Davies Construction Ltd
Notes to the Financial Statements
Statutory Information
L. A. Davies Construction Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 07488471.
Registered address:
251 Chester Road
Oakenholt
Flint
Flintshire
CH6 5ED
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover represents amounts receivable for services. Amounts receivable for services performed over time are based upon the stage of completion of the services performed.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of 20 years.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
20% per annum on cost
Computer & equipment
20% per annum on cost
Motor vehicles
20% per annum on cost
Plant & equipment
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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6
For the year ended 31 January 2023
L. A. Davies Construction Ltd
Notes to the Financial Statements Continued
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 February 2022
10,000
At 31 January 2023
10,000
Amortisation
At 01 February 2022
5,250
500
Charge for year
At 31 January 2023
5,750
Net book value
At 31 January 2023
4,250
At 31 January 2022
4,750
3. Property, plant and equipment
Total
Computer &
equipment
Plant &
equipment
Motor vehicles
Plant and
machinery
£
£
£
£
£
Cost or
valuation
At 01 February 2022
116,485
6,741
54,900
52,994
1,850
17,984
-
17,984
-
-
Additions
At 31 January 2023
52,994
72,884
6,741
134,469
1,850
Provision for depreciation and impairment
At 01 February 2022
59,627
5,619
24,934
29,074
-
Charge for year
13,513
242
4,992
8,279
-
At 31 January 2023
73,140
5,861
29,926
37,353
-
At 31 January 2023
Net book value
1,850
15,641
42,958
880
61,329
At 31 January 2022
1,850
23,920
29,966
1,122
56,858
4. Trade and other receivables
2022
2023
£
£
Trade debtors
900
65,201
Amounts owed by directors
3,096
-
Taxation and social security
9,920
76
65,277
13,916
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7
For the year ended 31 January 2023
L. A. Davies Construction Ltd
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft
9,128
8,700
Trade creditors
9,946
33,241
Taxation and social security
7,858
19,619
Obligations under HP/Financial leases
9,243
9,615
Other creditors
3,995
3,081
40,170
74,256
6. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft
26,599
35,176
441
-
Directors' loan accounts
27,744
16,865
Obligations under HP/Financial leases
43,464
63,361
7. Average number of persons employed
During the year the average number of employees was 1 (2022 : 1)
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