Company Registration No. 02570184 (England and Wales)
D & A Design Contracts Limited
Unaudited accounts
for the year ended 28 February 2023
D & A Design Contracts Limited
Unaudited accounts
Contents
D & A Design Contracts Limited
Company Information
for the year ended 28 February 2023
Directors
Mr A Patel
Miss D Patel
Company Number
02570184 (England and Wales)
Registered Office
204 LONDON ROAD
LEICESTER
LE2 1NE
D & A Design Contracts Limited
Statement of financial position
as at 28 February 2023
Tangible assets
42,787
53,412
Cash at bank and in hand
51,603
197,776
Creditors: amounts falling due within one year
36,860
(27,282)
Net current assets
169,513
221,175
Total assets less current liabilities
275,434
319,134
Creditors: amounts falling due after more than one year
(50)
-
Net assets
275,384
319,134
Called up share capital
150
150
Share premium
28,117
28,117
Profit and loss account
247,117
290,867
Shareholders' funds
275,384
319,134
For the year ending 28 February 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 6 November 2023 and were signed on its behalf by
Mr A Patel
Director
Company Registration No. 02570184
D & A Design Contracts Limited
Notes to the Accounts
for the year ended 28 February 2023
D & A Design Contracts Limited is a private company, limited by shares, registered in England and Wales, registration number 02570184. The registered office is 204 LONDON ROAD, LEICESTER, LE2 1NE.
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.
These financial statements for the year ended 28 February 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 March 2021.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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:
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2022
216,991
143,495
54,452
414,938
Additions
-
7,117
917
8,034
At 28 February 2023
216,991
150,612
55,369
422,972
At 1 March 2022
166,836
140,238
54,452
361,526
Charge for the year
16,585
2,074
-
18,659
At 28 February 2023
183,421
142,312
54,452
380,185
At 28 February 2023
33,570
8,300
917
42,787
At 28 February 2022
50,155
3,257
-
53,412
D & A Design Contracts Limited
Notes to the Accounts
for the year ended 28 February 2023
5
Investments
Other investments
Valuation at 1 March 2022
44,547
Valuation at 28 February 2023
63,134
Amounts falling due within one year
Trade debtors
58,620
26,640
7
Investments held as current assets
2023
2022
Unlisted investments
11,000
11,000
8
Creditors: amounts falling due within one year
2023
2022
Trade creditors
12,393
11,478
Taxes and social security
4,679
12,723
Loans from directors
(51,532)
-
9
Creditors: amounts falling due after more than one year
2023
2022
Non-equity preference shares
50
-
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
A Patel - Loan
-
46,002
46,002
-
£46,000 DIRECTORS LOAN, REPAID TO COMPANY WITH 9 MONTHS
11
Average number of employees
During the year the average number of employees was 2 (2022: 2).