Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31true2022-04-01falseOther building completion and finishing22falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07829489 2022-04-01 2023-03-31 07829489 2021-04-01 2022-03-31 07829489 2023-03-31 07829489 2022-03-31 07829489 c:Director1 2022-04-01 2023-03-31 07829489 d:PlantMachinery 2022-04-01 2023-03-31 07829489 d:FurnitureFittings 2022-04-01 2023-03-31 07829489 d:OtherPropertyPlantEquipment 2023-03-31 07829489 d:OtherPropertyPlantEquipment 2022-03-31 07829489 d:CurrentFinancialInstruments 2023-03-31 07829489 d:CurrentFinancialInstruments 2022-03-31 07829489 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 07829489 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 07829489 d:ShareCapital 2023-03-31 07829489 d:ShareCapital 2022-03-31 07829489 d:RetainedEarningsAccumulatedLosses 2023-03-31 07829489 d:RetainedEarningsAccumulatedLosses 2022-03-31 07829489 c:OrdinaryShareClass1 2022-04-01 2023-03-31 07829489 c:OrdinaryShareClass1 2023-03-31 07829489 c:OrdinaryShareClass1 2022-03-31 07829489 c:OrdinaryShareClass2 2022-04-01 2023-03-31 07829489 c:OrdinaryShareClass2 2023-03-31 07829489 c:OrdinaryShareClass2 2022-03-31 07829489 c:FRS102 2022-04-01 2023-03-31 07829489 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 07829489 c:FullAccounts 2022-04-01 2023-03-31 07829489 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 07829489 2 2022-04-01 2023-03-31 07829489 e:PoundSterling 2022-04-01 2023-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 07829489









DRYTECH CONSTRUCTION LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
DRYTECH CONSTRUCTION LTD
REGISTERED NUMBER: 07829489

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

  

Tangible assets
 4 
-
-

Current assets
  

Debtors: amounts falling due within one year
 5 
116,787
311,285

Cash at bank and in hand
 6 
134,434
63,889

  
251,221
375,174

Creditors: amounts falling due within one year
 7 
(94,975)
(207,866)

Net current assets
  
 
 
156,246
 
 
167,308

Total assets less current liabilities
  
156,246
167,308

  

Net assets
  
£156,246
£167,308


Capital and reserves
  

Called up share capital 
 8 
100
100

Profit and loss account
  
156,146
167,208

  
£156,246
£167,308


Page 1

 
DRYTECH CONSTRUCTION LTD
REGISTERED NUMBER: 07829489
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 



S Deane
Director

Date: 27 November 2023

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
DRYTECH CONSTRUCTION LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Drytech Construction Limited is a private company limited by shares and incorporated in England and Wales. The address of the registered office is Suite 7, Hawley Manor, Hawley Road, Dartford, Kent DA1 1PX. The principal activity of the company during the period has been that of providing general construction services. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in statement of comprehensive income using the effective interest method.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.

Page 3

 
DRYTECH CONSTRUCTION LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on the following basis.


Plant & machinery
-
3 years straight line
Fixtures & fittings
-
4 years straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assests and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

 
2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 4

 
DRYTECH CONSTRUCTION LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Tangible fixed assets





Other fixed assets

£



Cost or valuation


At 1 April 2022
37,344



At 31 March 2023

37,344



Depreciation


At 1 April 2022
37,344



At 31 March 2023

37,344



Net book value



At 31 March 2023
£-



At 31 March 2020
£-

Page 5

 
DRYTECH CONSTRUCTION LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

5.


Debtors

2023
2022
£
£


Trade debtors
8,157
137,646

Other debtors
20,410
56,894

Prepayments and accrued income
88,220
116,745

£116,787
£311,285



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
£134,434
£63,889



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
54,803
23,570

Other taxation and social security
11,597
7,354

Other creditors
15,235
112,164

Accruals and deferred income
13,340
64,778

£94,975
£207,866



8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



50 (2022 - 50) Ordinary A shares of £1.00 each
50
50
50 (2022 - 50) Ordinary B shares of £1.00 each
50
50

£100

£100


Page 6

 
DRYTECH CONSTRUCTION LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

9.


Related party transactions

Included within trade creditors is an amount of £44,000 (2022: £44,500) due to a company under common control.
Included within other creditors due within one year is an amount of £12,964 (2022: £112,000) due to a company under common control.

 
Page 7