Company Registration No. 6908329 (England and Wales)
D & N REILLY LIMITED
Unaudited accounts
for the year ended 31 March 2023
D & N REILLY LIMITED
Unaudited accounts
Contents
D & N REILLY LIMITED
Company Information
for the year ended 31 March 2023
Directors
Mr Declan Reilly
Mrs Natalie Reilly
Company Number
6908329 (England and Wales)
Registered Office
22-24 CROSS LANE
HOLCOMBE
BURY
BL8 4LY
ENGLAND
Accountants
HHK Accountancy Services Ltd
Suite 212 Oakland House
21 Hope Carr Road
Leigh, Wigan
WN7 3ET
D & N REILLY LIMITED
Statement of financial position
as at 31 March 2023
Tangible assets
532,319
421,579
Cash at bank and in hand
767,472
349,248
Creditors: amounts falling due within one year
(420,175)
(351,588)
Net current assets
755,278
216,592
Total assets less current liabilities
1,287,597
638,171
Creditors: amounts falling due after more than one year
(155,817)
-
Provisions for liabilities
Deferred tax
(79,233)
(30,141)
Net assets
1,052,547
608,030
Called up share capital
100
100
Profit and loss account
1,052,447
607,930
Shareholders' funds
1,052,547
608,030
For the year ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 20 September 2023 and were signed on its behalf by
Mrs Natalie Reilly
Director
Company Registration No. 6908329
D & N REILLY LIMITED
Notes to the Accounts
for the year ended 31 March 2023
D & N REILLY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 6908329. The registered office is 22-24 CROSS LANE, HOLCOMBE, BURY, BL8 4LY, ENGLAND.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
D & N REILLY LIMITED
Notes to the Accounts
for the year ended 31 March 2023
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
279,472
778,132
5,990
1,063,594
Additions
-
320,813
1,056
321,869
Disposals
-
(49,338)
-
(49,338)
At 31 March 2023
279,472
1,049,607
7,046
1,336,125
At 1 April 2022
183,251
453,467
5,297
642,015
Charge for the year
19,244
151,390
577
171,211
On disposals
-
(9,420)
-
(9,420)
At 31 March 2023
202,495
595,437
5,874
803,806
At 31 March 2023
76,977
454,170
1,172
532,319
At 31 March 2022
96,221
324,665
693
421,579
Amounts falling due within one year
Trade debtors
298,531
109,482
Accrued income and prepayments
9,450
9,450
Amounts falling due after more than one year
Trade debtors
100,000
100,000
7
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
137,634
142,099
Trade creditors
66,452
54,772
Taxes and social security
117,234
25,260
Loans from directors
57,826
49,650
8
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
155,817
-
D & N REILLY LIMITED
Notes to the Accounts
for the year ended 31 March 2023
9
Deferred taxation
2023
2022
Accelerated capital allowances
79,233
30,141
Provision at start of year
30,141
-
Charged to the profit and loss account
49,092
30,141
Provision at end of year
79,233
30,141
10
Average number of employees
During the year the average number of employees was 5 (2022: 4).