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REGISTERED NUMBER: 12044868 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 June 2023

for

DG CONTRACT LIMITED

DG CONTRACT LIMITED (Registered number: 12044868)






Contents of the Financial Statements
for the Year Ended 29 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DG CONTRACT LIMITED

Company Information
for the Year Ended 29 June 2023







DIRECTORS: D Gliga
M M Gliga





REGISTERED OFFICE: 50 Roundhills
Waltham Abbey
Essex
EN9 1TP





REGISTERED NUMBER: 12044868 (England and Wales)





ACCOUNTANTS: GCA Associates
50 Roundhills
Waltham Abbey
Essex
EN9 1TP

DG CONTRACT LIMITED (Registered number: 12044868)

Balance Sheet
29 June 2023

29.6.23 29.6.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 31,225 11,936

CURRENT ASSETS
Debtors 5 138,066 45,249
Cash at bank and in hand 1,837 1,093
139,903 46,342
CREDITORS
Amounts falling due within one year 6 129,375 54,300
NET CURRENT ASSETS/(LIABILITIES) 10,528 (7,958 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

41,753

3,978

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 7 41,653 3,878
SHAREHOLDERS' FUNDS 41,753 3,978

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 June 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each 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.

DG CONTRACT LIMITED (Registered number: 12044868)

Balance Sheet - continued
29 June 2023


The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 25 January 2024 and were signed on its behalf by:





D Gliga - Director


DG CONTRACT LIMITED (Registered number: 12044868)

Notes to the Financial Statements
for the Year Ended 29 June 2023

1. STATUTORY INFORMATION

DG CONTRACT LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 2 ) .

DG CONTRACT LIMITED (Registered number: 12044868)

Notes to the Financial Statements - continued
for the Year Ended 29 June 2023

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 30 June 2022 19,275 2,190 21,465
Additions 24,283 5,779 30,062
At 29 June 2023 43,558 7,969 51,527
DEPRECIATION
At 30 June 2022 8,433 1,096 9,529
Charge for year 8,781 1,992 10,773
At 29 June 2023 17,214 3,088 20,302
NET BOOK VALUE
At 29 June 2023 26,344 4,881 31,225
At 29 June 2022 10,842 1,094 11,936

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.6.23 29.6.22
£    £   
Trade debtors 16,097 36,928
CIS tax receivable 121,969 6,443
VAT - 1,878
138,066 45,249

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.6.23 29.6.22
£    £   
Bank loans and overdrafts 40,708 41,498
Trade creditors 41,566 8,514
Tax 8,432 1,908
Social security and other taxes 34,677 -
VAT 1,612 -
Other creditors 2,380 2,380
129,375 54,300

DG CONTRACT LIMITED (Registered number: 12044868)

Notes to the Financial Statements - continued
for the Year Ended 29 June 2023

7. RESERVES
Retained
earnings
£   

At 30 June 2022 3,878
Profit for the year 53,775
Dividends (16,000 )
At 29 June 2023 41,653

8. ULTIMATE CONTROLLING PARTY

The company was not under the control of an ultimate controlling party during the period.