Silverfin false false 30/06/2023 01/07/2022 30/06/2023 Mr R Jamieson 13/06/2022 08 March 2024 The principal activity of the Company during the financial period was roofing activities. 14169835 2023-06-30 14169835 bus:Director1 2023-06-30 14169835 core:CurrentFinancialInstruments 2023-06-30 14169835 core:Non-currentFinancialInstruments 2023-06-30 14169835 core:ShareCapital 2023-06-30 14169835 core:RetainedEarningsAccumulatedLosses 2023-06-30 14169835 core:PlantMachinery 2022-06-30 14169835 core:Vehicles 2022-06-30 14169835 core:OfficeEquipment 2022-06-30 14169835 2022-06-30 14169835 core:PlantMachinery 2023-06-30 14169835 core:Vehicles 2023-06-30 14169835 core:OfficeEquipment 2023-06-30 14169835 bus:OrdinaryShareClass1 2023-06-30 14169835 2022-07-01 2023-06-30 14169835 bus:FilletedAccounts 2022-07-01 2023-06-30 14169835 bus:SmallEntities 2022-07-01 2023-06-30 14169835 bus:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 14169835 bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 14169835 bus:Director1 2022-07-01 2023-06-30 14169835 core:PlantMachinery core:TopRangeValue 2022-07-01 2023-06-30 14169835 core:Vehicles core:TopRangeValue 2022-07-01 2023-06-30 14169835 core:OfficeEquipment core:TopRangeValue 2022-07-01 2023-06-30 14169835 core:PlantMachinery 2022-07-01 2023-06-30 14169835 core:Vehicles 2022-07-01 2023-06-30 14169835 core:OfficeEquipment 2022-07-01 2023-06-30 14169835 core:Non-currentFinancialInstruments 2022-07-01 2023-06-30 14169835 bus:OrdinaryShareClass1 2022-07-01 2023-06-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 14169835 (England and Wales)

D&D THATCHING LIMITED

Unaudited Financial Statements
For the financial period ended 30 June 2023
Pages for filing with the registrar

D&D THATCHING LIMITED

Unaudited Financial Statements

For the financial period ended 30 June 2023

Contents

D&D THATCHING LIMITED

BALANCE SHEET

As at 30 June 2023
D&D THATCHING LIMITED

BALANCE SHEET (continued)

As at 30 June 2023
Note 2023
£
Fixed assets
Tangible assets 3 5,478
5,478
Current assets
Debtors 4 19,565
Cash at bank and in hand 1
19,566
Creditors: amounts falling due within one year 5 ( 17,085)
Net current assets 2,481
Total assets less current liabilities 7,959
Creditors: amounts falling due after more than one year 6 ( 7,000)
Net assets 959
Capital and reserves
Called-up share capital 7 1
Profit and loss account 958
Total shareholder's funds 959

For the financial period ending 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:

The financial statements of D&D Thatching Limited (registered number: 14169835) were approved and authorised for issue by the Director on 08 March 2024. They were signed on its behalf by:

Mr R Jamieson
Director
D&D THATCHING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period ended 30 June 2023
D&D THATCHING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period ended 30 June 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

D&D Thatching Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is C/O Francis Clark Llp Melville Building East, Royal William Yard, Plymouth, PL1 3RP, United Kingdom. The principal place of business is 36 Tresillian Street, Plymouth, Devon, PL4 0QW.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Revenue from services is recognised as they are delivered.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Plant and machinery 5 years straight line
Vehicles 5 years straight line
Office equipment 5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

2023
Number
Monthly average number of persons employed by the Company during the period, including the director 2

3. Tangible assets

Plant and machinery Vehicles Office equipment Total
£ £ £ £
Cost
At 01 July 2022 0 0 0 0
Additions 2,301 4,000 120 6,421
At 30 June 2023 2,301 4,000 120 6,421
Accumulated depreciation
At 01 July 2022 0 0 0 0
Charge for the financial period 190 733 20 943
At 30 June 2023 190 733 20 943
Net book value
At 30 June 2023 2,111 3,267 100 5,478

4. Debtors

2023
£
Trade debtors 2,250
Other debtors 17,315
19,565

5. Creditors: amounts falling due within one year

2023
£
Bank overdrafts 1,197
Trade creditors 9,526
Taxation and social security 1,452
Other creditors 4,910
17,085

6. Creditors: amounts falling due after more than one year

2023
£
Other creditors 7,000

There are no amounts included above in respect of which any security has been given by the small entity.

7. Called-up share capital

2023
£
Allotted, called-up and fully-paid
1 Ordinary share of £ 1.00 1

8. Related party transactions

Transactions with the entity's director

2023
£
At 1 July 0
Advances to director (including interest charged) 27,737
Repayments by director (13,620)
At 30 June 14,117

Interest is charged at the HMRC official rate and is repayable on demand.