1 September 2022 false No description of principal activity Taxfiler 2023.10 13544488business:PrivateLimitedCompanyLtd2022-09-012023-08-31 135444882022-08-31 135444882022-09-012023-08-31 13544488business:AuditExemptWithAccountantsReport2022-09-012023-08-31 13544488business:FilletedAccounts2022-09-012023-08-31 135444882023-08-31 13544488business:Director12022-09-012023-08-31 13544488business:Director22022-09-012023-08-31 13544488business:RegisteredOffice2022-09-012023-08-31 135444882022-08-31 13544488core:WithinOneYear2023-08-31 13544488core:WithinOneYear2022-08-31 13544488core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 13544488core:ShareCapitalcore:PreviouslyStatedAmount2022-08-31 13544488core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 13544488core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-08-31 13544488core:PreviouslyStatedAmount2023-08-31 13544488core:PreviouslyStatedAmount2022-08-31 13544488business:SmallEntities2022-09-012023-08-31 13544488countries:EnglandWales2022-09-012023-08-31 13544488core:PlantMachinery2022-09-012023-08-31 13544488core:MotorVehicles2022-09-012023-08-31 13544488core:ComputerEquipment2022-09-012023-08-31 13544488core:PlantMachinery2022-08-31 13544488core:MotorVehicles2022-08-31 13544488core:ComputerEquipment2022-08-31 13544488core:PlantMachinery2023-08-31 13544488core:MotorVehicles2023-08-31 13544488core:ComputerEquipment2023-08-31 13544488core:AfterOneYear2023-08-31 13544488core:AfterOneYear2022-08-31 135444882021-08-032022-08-31 iso4217:GBP xbrli:pure
Company Registration No. 13544488 (England and Wales)
D & M PLASTERING CONTRACTORS LIMITED Unaudited accounts for the year ended 31 August 2023
D & M PLASTERING CONTRACTORS LIMITED Unaudited accounts Contents
Page
- 2 -
D & M PLASTERING CONTRACTORS LIMITED Company Information for the year ended 31 August 2023
Directors
Mr D Hughes Mr S Mason
Company Number
13544488 (England and Wales)
Registered Office
ORION HOUSE AXIS 4-5 WOODLANDS BRADLEY STOKE BRISTOL BS32 4JT ENGLAND
Accountants
Streets Steele Limited Orion House, Axis 4/5 Woodlands, Bradley Stoke Bristol BS32 4JT
- 3 -
D & M PLASTERING CONTRACTORS LIMITED Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
16,735 
21,960 
Current assets
Debtors
52,822 
30,066 
Cash at bank and in hand
38,557 
41,397 
91,379 
71,463 
Creditors: amounts falling due within one year
(30,753)
(49,059)
Net current assets
60,626 
22,404 
Total assets less current liabilities
77,361 
44,364 
Provisions for liabilities
Deferred tax
(3,180)
(4,172)
Net assets
74,181 
40,192 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
74,081 
40,092 
Shareholders' funds
74,181 
40,192 
For the year ending 31 August 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 8 November 2023 and were signed on its behalf by
Mr D Hughes Director Company Registration No. 13544488
- 4 -
D & M PLASTERING CONTRACTORS LIMITED Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
D & M PLASTERING CONTRACTORS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13544488. The registered office is ORION HOUSE AXIS 4-5 WOODLANDS, BRADLEY STOKE, BRISTOL, BS32 4JT, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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:
Plant & machinery
50% reducing balance
Motor vehicles
4 year straight line
Computer equipment
4 year straight line
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
- 5 -
D & M PLASTERING CONTRACTORS LIMITED Notes to the Accounts for the year ended 31 August 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 September 2022
508 
25,450 
442 
26,400 
Additions
- 
- 
582 
582 
At 31 August 2023
508 
25,450 
1,024 
26,982 
Depreciation
At 1 September 2022
85 
4,306 
49 
4,440 
Charge for the year
212 
5,286 
309 
5,807 
At 31 August 2023
297 
9,592 
358 
10,247 
Net book value
At 31 August 2023
211 
15,858 
666 
16,735 
At 31 August 2022
423 
21,144 
393 
21,960 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
12,640 
8,641 
Accrued income and prepayments
684 
292 
Other debtors
39,498 
21,133 
52,822 
30,066 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
422 
452 
Taxes and social security
30,498 
21,598 
Other creditors
(167)
- 
Loans from directors
- 
27,009 
30,753 
49,059 
7
Transactions with related parties
At the balance sheet date the company owed one director £1,001 (2022: £12,979). This loan is interest free, unsecured and repayable on demand. At the balance sheet date one director owed the company £1,168 (2022: £14,030 owed to the director). This loan is interest free, unsecured and repayable on demand.
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
- 6 -