Relate AccountsProduction v2.7.2 v2.7.2 2022-03-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts Construction. 10 November 2023 06511658 2023-02-28 06511658 2022-02-28 06511658 2021-02-28 06511658 2022-03-01 2023-02-28 06511658 2021-03-01 2022-02-28 06511658 uk-bus:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 06511658 uk-curr:PoundSterling 2022-03-01 2023-02-28 06511658 uk-bus:AbridgedAccounts 2022-03-01 2023-02-28 06511658 uk-core:ShareCapital 2023-02-28 06511658 uk-core:ShareCapital 2022-02-28 06511658 uk-core:RetainedEarningsAccumulatedLosses 2023-02-28 06511658 uk-core:RetainedEarningsAccumulatedLosses 2022-02-28 06511658 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-02-28 06511658 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2022-02-28 06511658 uk-bus:FRS102 2022-03-01 2023-02-28 06511658 uk-core:ParentEntities 2022-03-01 2023-02-28 06511658 uk-core:UltimateParent 2022-03-01 2023-02-28 06511658 uk-countries:UnitedKingdom 2022-03-01 2023-02-28 06511658 uk-bus:Director1 2022-03-01 2023-02-28 06511658 uk-bus:AuditExempt-NoAccountantsReport 2022-03-01 2023-02-28 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
Donban Contracting UK Limited
 
Abridged Unaudited Financial Statements
 
for the financial year ended 28 February 2023



Donban Contracting UK Limited
Company Registration Number: 06511658
ABRIDGED STATEMENT OF FINANCIAL POSITION
as at 28 February 2023

2023 2022
Notes £ £
 
Current Assets
Debtors 6,710,742 13,492,931
Cash and cash equivalents 219,559 37,369
───────── ─────────
6,930,301 13,530,300
───────── ─────────
Creditors: amounts falling due within one year (322,056) (160,367)
───────── ─────────
Net Current Assets 6,608,245 13,369,933
───────── ─────────
Total Assets less Current Liabilities 6,608,245 13,369,933
═════════ ═════════
 
Capital and Reserves
Called up share capital 400,000 400,000
Retained earnings 6,208,245 12,969,933
───────── ─────────
Equity attributable to owners of the company 6,608,245 13,369,933
═════════ ═════════
 
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).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
           
The company has taken advantage of the exemption under section 444 not to file the Abridged Income Statement and Director's Report.
For the financial year ended 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the financial year in accordance with the requirements of sections 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.
           
Approved by the Director and authorised for issue on 10 November 2023
           
________________________________          
Christopher Hayes          
Director          
           



Donban Contracting UK Limited
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial year ended 28 February 2023

   
1. General Information
 
Donban Contracting UK Limited is a company limited by shares incorporated and registered in the United Kingdom. The registered number of the company is 06511658. The registered office of the company is 5th Floor, 62 - 64 Baker Street, London, W1U 7DF which is also the principal place of business of the company. The nature of the company's operations and its principal activities are set out in the Director's Report. The financial statements have been presented in Pound Sterling (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 28 February 2023 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the value of construction works carried out by the company, exclusive of value added tax.
 
Construction contracts
Where the outcome of a construction contract can be estimated reliably, revenue and costs are recognised by reference to the stage of completion of the contract at the reporting end date. Variations in contract work, claims and incentive payments are included to the extent that the amount can be measured reliably and its receipt is considered probable. Revenue not billed to clients is included in debtors and payments on account in excess of the relevant amounts of revenue are included in creditors.

Where it is probable that total contract costs will exceed total contract turnover, the expected loss is recognised as an expense immediately.

Where the outcome of a construction contract cannot be estimated reliably, contract costs are recognised as expenses in the period in which they are incurred and contract revenue is recognised to the extent of contract costs incurred where it is probable that they will be recovered.

Where third party certificates are not available, the "percentage of completion method" is used to determine the appropriate amounts to recognise in a given period. The stage of completion is measured by the proportion of contract costs incurred for work performed to date compared to the total contract costs. Costs incurred in the year in connection with future activity on a contract are excluded from contract costs in determining the stage of completion. These costs are presented as stocks, prepayments or other assets depending on their nature, and provided it is probable they will be recovered.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
 
Exceptional item
Exceptional items are those that the directors' view are required to be separately disclosed by virtue of their size or incidence to enable a full understanding of the company's financial performance.
       
3. Employees
 
The average monthly number of employees, including director, during the financial year was 1, (2022 - 2).
 
  2023 2022
  Number Number
 
Management 1 1
Site - 1
  ───────── ─────────
  1 2
  ═════════ ═════════
       
4. Capital commitments
 
The company had no material capital commitments at the financial year-ended 28 February 2023.
   
5. Parent and ultimate parent company
 
The company regards Berkeley Street Registrars Limited as its parent company.
 
The companys ultimate parent undertaking is Berkeley Street Registrars Limited.
The address of Berkeley Street Registrars Limited is Devonshire House, One Mayfair Place, London W1J 8AJ.
 
   
6. Events After the End of the Reporting Period
 
There have been no significant events affecting the company since the financial year-end.