REGISTERED NUMBER: |
REPORT OF THE DIRECTORS AND |
FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2023 |
FOR |
DUVIVIE CONSTRUCTION LTD |
REGISTERED NUMBER: |
REPORT OF THE DIRECTORS AND |
FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2023 |
FOR |
DUVIVIE CONSTRUCTION LTD |
DUVIVIE CONSTRUCTION LTD (Registered number: 12328330) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the Year Ended 30 APRIL 2023 |
Page |
Company Information | 1 |
Report of the Directors | 2 |
Statement of Income and Retained Earnings | 3 |
Balance Sheet | 4 |
Notes to the Financial Statements | 5 |
DUVIVIE CONSTRUCTION LTD |
COMPANY INFORMATION |
for the Year Ended 30 APRIL 2023 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
259 Croydon Road |
Beckenham |
Kent |
BR3 3PS |
DUVIVIE CONSTRUCTION LTD (Registered number: 12328330) |
REPORT OF THE DIRECTORS |
for the Year Ended 30 APRIL 2023 |
The directors present their report with the financial statements of the company for the year ended 30 April 2023. |
PRINCIPAL ACTIVITY |
The principal activity of the company in the year under review was that of general builders. |
DIVIDENDS |
Interim dividends per share were paid as follows: |
£125 | - 24 June 2022 |
£125 | - 30 September 2022 |
£125 | - 16 December 2022 |
£125 | - 31 March 2023 |
£ |
The directors recommend that no final dividend be paid. |
The total distribution of dividends for the year ended 30 April 2023 will be £ |
DIRECTORS |
The directors during the year under review were: |
The beneficial interests of the directors holding office on 30 April 2023 in the issued share capital of the company were as follows: |
30.4.23 | 1.5.22 |
Ordinary £1 shares |
50 | 50 |
50 | 50 |
ON BEHALF OF THE BOARD: |
DUVIVIE CONSTRUCTION LTD (Registered number: 12328330) |
STATEMENT OF INCOME AND |
RETAINED EARNINGS |
for the Year Ended 30 APRIL 2023 |
30.4.23 | 30.4.22 |
Notes | £ | £ |
TURNOVER |
Cost of sales |
GROSS PROFIT |
Administrative expenses |
70,882 | 117,285 |
Interest payable and similar expenses |
PROFIT BEFORE TAXATION | 4 |
Tax on profit | 5 |
PROFIT FOR THE FINANCIAL YEAR |
Retained earnings at beginning of year |
Dividends | ( |
) | ( |
) |
RETAINED EARNINGS AT END OF YEAR |
DUVIVIE CONSTRUCTION LTD (Registered number: 12328330) |
BALANCE SHEET |
30 APRIL 2023 |
30.4.23 | 30.4.22 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 6 |
CURRENT ASSETS |
Stocks | 7 |
Debtors | 8 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 9 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year | 10 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 11 |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
The financial statements were approved by the Board of Directors and authorised for issue on |
DUVIVIE CONSTRUCTION LTD (Registered number: 12328330) |
NOTES TO THE FINANCIAL STATEMENTS |
for the Year Ended 30 APRIL 2023 |
1. | STATUTORY INFORMATION |
DUVIVIE CONSTRUCTION LTD is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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 |
Motor vehicles | - |
Stocks |
Work in progress is valued at the lower of cost and net realisable value. |
Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition. |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
3. | EMPLOYEES AND DIRECTORS |
30.4.23 | 30.4.22 |
£ | £ |
Wages and salaries |
The average number of employees during the year was as follows: |
30.4.23 | 30.4.22 |
Administration |
DUVIVIE CONSTRUCTION LTD (Registered number: 12328330) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Year Ended 30 APRIL 2023 |
4. | PROFIT BEFORE TAXATION |
The profit is stated after charging: |
30.4.23 | 30.4.22 |
£ | £ |
Depreciation - owned assets |
5. | TAXATION |
Analysis of the tax charge |
The tax charge on the profit for the year was as follows: |
30.4.23 | 30.4.22 |
£ | £ |
Current tax: |
UK corporation tax |
Tax on profit |
6. | TANGIBLE FIXED ASSETS |
Plant and | Motor |
machinery | vehicles | Totals |
£ | £ | £ |
COST |
At 1 May 2022 |
Additions |
At 30 April 2023 |
DEPRECIATION |
At 1 May 2022 |
Charge for year |
At 30 April 2023 |
NET BOOK VALUE |
At 30 April 2023 |
At 30 April 2022 |
7. | STOCKS |
30.4.23 | 30.4.22 |
£ | £ |
Work-in-progress |
8. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.4.23 | 30.4.22 |
£ | £ |
Trade debtors |
DUVIVIE CONSTRUCTION LTD (Registered number: 12328330) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Year Ended 30 APRIL 2023 |
9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.4.23 | 30.4.22 |
£ | £ |
Hire purchase contracts |
Trade creditors |
Tax |
Social security and other taxes |
VAT | 7,732 | 8,551 |
Directors' current accounts | 7,032 | 23,889 |
10. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
30.4.23 | 30.4.22 |
£ | £ |
Hire purchase contracts |
11. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 30.4.23 | 30.4.22 |
value: | £ | £ |
Ordinary | £1 | 100 | 100 |