2022-07-01 2023-06-30 false Capium Accounts Production 1.1 06617901 bus:FullAccounts 2022-07-01 2023-06-30 06617901 bus:FRS102 2022-07-01 2023-06-30 06617901 bus:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 06617901 bus:SmallCompaniesRegimeForAccounts 2022-07-01 2023-06-30 06617901 bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 06617901 2022-07-01 2023-06-30 06617901 2023-06-30 06617901 bus:RegisteredOffice 2022-07-01 2023-06-30 06617901 core:WithinOneYear 2023-06-30 06617901 core:AfterOneYear 2023-06-30 06617901 bus:Director1 2022-07-01 2023-06-30 06617901 bus:Director1 2023-06-30 06617901 bus:Director1 2021-07-01 2022-06-30 06617901 2021-07-01 06617901 bus:CompanySecretary1 2022-07-01 2023-06-30 06617901 bus:LeadAgentIfApplicable 2022-07-01 2023-06-30 06617901 2021-07-01 2022-06-30 06617901 2022-06-30 06617901 core:WithinOneYear 2022-06-30 06617901 core:AfterOneYear 2022-06-30 06617901 bus:EntityAccountantsOrAuditors 2021-07-01 2022-06-30 06617901 core:PlantMachinery 2022-07-01 2023-06-30 06617901 core:PlantMachinery 2023-06-30 06617901 core:PlantMachinery 2022-06-30 06617901 core:MotorCars 2022-07-01 2023-06-30 06617901 core:MotorCars 2023-06-30 06617901 core:MotorCars 2022-06-30 06617901 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-06-30 06617901 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-06-30 06617901 core:CostValuation core:Non-currentFinancialInstruments 2023-06-30 06617901 core:CostValuation core:Non-currentFinancialInstruments 2022-06-30 06617901 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-06-30 06617901 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-06-30 06617901 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-06-30 06617901 core:Non-currentFinancialInstruments 2023-06-30 06617901 core:Non-currentFinancialInstruments 2022-06-30 06617901 core:ShareCapital 2023-06-30 06617901 core:ShareCapital 2022-06-30 06617901 core:RevaluationReserve 2023-06-30 06617901 core:RevaluationReserve 2022-06-30 06617901 core:RetainedEarningsAccumulatedLosses 2023-06-30 06617901 core:RetainedEarningsAccumulatedLosses 2022-06-30 06617901 dpl:Item1 2022-07-01 06617901 dpl:Item1 2023-06-30 06617901 dpl:Item1 2021-07-01 06617901 dpl:Item1 2022-06-30 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 06617901
England and Wales

 

 

 

D&A ENGINEERING LTD


Unaudited Financial Statements
 


Period of accounts

Start date: 01 July 2022

End date: 30 June 2023
 
 
Notes
 
2023
£
  2022
£
Fixed assets      
Tangible fixed assets 3 189,069    200,340 
Investments 4 733,005    190,000 
922,074    390,340 
Current assets      
Stocks 5 13,250    25,500 
Debtors 6 692,618    864,184 
Cash at bank and in hand 2,632   
708,500    889,684 
Creditors: amount falling due within one year 7 (614,265)   (622,132)
Net current assets 94,235    267,552 
 
Total assets less current liabilities 1,016,309    657,892 
Creditors: amount falling due after more than one year 8 (326,924)   (191,000)
Net assets 689,385    466,892 
 

Capital and reserves
     
Called up share capital 100    100 
Reserves 9 253,274    156,192 
Profit and loss account 436,011    310,600 
Shareholder's funds 689,385    466,892 
 


For the year ended 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the director on 16 April 2024 and were signed by:


-------------------------------
Dorel Dumitru Icleanu
Director
1
General Information
D&A Engineering Ltd is a private company, limited by shares, registered in England and Wales, registration number 06617901, registration address 46 Nova Road, Croydon, England, CR0 2TL.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Finance lease and hire purchase charges
The finance element of the rental payment is charged to the income statement on a straight line basis.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery 18% Reducing Balance
Motor Vehicles 18% Reducing Balance
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Average number of employees

Average number of employees during the year was 6 (2022 : 6).
3.

Tangible fixed assets

Cost or valuation Plant and Machinery   Motor Vehicles   Total
  £   £   £
At 01 July 2022 354,718    106,942    461,660 
Additions 27,242      27,242 
Disposals    
At 30 June 2023 381,960    106,942    488,902 
Depreciation
At 01 July 2022 165,171    96,149    261,320 
Charge for year 36,570    1,943    38,513 
On disposals    
At 30 June 2023 201,741    98,092    299,833 
Net book values
Closing balance as at 30 June 2023 180,219    8,850    189,069 
Opening balance as at 01 July 2022 189,547    10,793    200,340 


4.

Investments

Cost Other investments other than loans   Total
  £   £
At 01 July 2022 190,000    190,000 
Additions 543,005    543,005 
Transfer to/from tangible fixed assets  
Disposals  
At 30 June 2023 733,005    733,005 

5.

Stocks

2023
£
  2022
£
Stocks 13,250    25,500 
13,250    25,500 

6.

Debtors: amounts falling due within one year

2023
£
  2022
£
Trade Debtors 230,039    568,645 
Amount Owed by Group Undertakings 258,461    157,000 
Prepayments & Accrued Income 27,258    35,431 
Other Debtors 49,662    301 
HMRC CT   77,991 
HMRC VAT 98,084    24,816 
Staff Advanced 23,400   
Directors' Current Accounts 5,714   
692,618    864,184 

7.

Creditors: amount falling due within one year

2023
£
  2022
£
Trade Creditors 204,959    175,571 
Payroll Clearing (Subcontractor) 180,956   
Bank Loans & Overdrafts 76,232    166,797 
Corporation Tax 91,054    46,958 
Taxation & Social Security Costs   884 
HMRC CIS 30,632    151,240 
Accrued Expenses 5,000    6,040 
Obligations under finance lease and hire purchase 16,190    16,190 
Wages & Salaries Control Account   5,459 
Pension Payable 623    606 
Credit Card 8,619    6,079 
Payroll (CIS) Payable   45,120 
Directors' Current Accounts   1,188 
614,265    622,132 

8.

Creditors: amount falling due after more than one year

2023
£
  2022
£
Bank Loans & Overdrafts 61,298    158,391 
Amounts Owed to Group Undertakings 245,811   
Obligations under finance lease and hire purchase contracts 19,815    32,609 
326,924    191,000 

9.

Reserves

2023
£
  2022
£
R&D reserve b/fwd 156,192    78,201 
R&D addition during the year 97,082    77,991 
253,274    156,192 

10.

Related party transactions

The company was under the control of Mr. DD Icleanu throughout the current year. Mr. DD Icleanu
is the managing director and majority shareholder.
2