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REGISTERED NUMBER: 05273635 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

D & S Surfacing Limited

D & S Surfacing Limited (Registered number: 05273635)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


D & S Surfacing Limited

Company Information
for the Year Ended 31 October 2023







DIRECTORS: D Gardner
S Gardner





REGISTERED OFFICE: First Floor Office
Westerham Garage
190 London Road
Westerham
Kent
TN16 2DJ





REGISTERED NUMBER: 05273635 (England and Wales)





ACCOUNTANTS: AFS Accountants
First Floor Office
Westerham Garage
190 London Road
Westerham
Kent
TN16 2DJ

D & S Surfacing Limited (Registered number: 05273635)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 4,101,663 3,180,277
4,101,663 3,180,277

CURRENT ASSETS
Debtors 6 944,093 821,971
Cash at bank 103,427 53,902
1,047,520 875,873
CREDITORS
Amounts falling due within one year 7 1,636,569 1,460,593
NET CURRENT LIABILITIES (589,049 ) (584,720 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,512,614

2,595,557

CREDITORS
Amounts falling due after more than one year 8 (2,366,171 ) (1,652,778 )

PROVISIONS FOR LIABILITIES (418,188 ) (400,937 )
NET ASSETS 728,255 541,842

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 728,245 541,832
SHAREHOLDERS' FUNDS 728,255 541,842

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

D & S Surfacing Limited (Registered number: 05273635)

Balance Sheet - continued
31 October 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 15 April 2024 and were signed on its behalf by:




D Gardner - Director



S Gardner - Director


D & S Surfacing Limited (Registered number: 05273635)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

D & S Surfacing 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

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.

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.

D & S Surfacing Limited (Registered number: 05273635)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2022 - 15 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2022
and 31 October 2023 64,000
AMORTISATION
At 1 November 2022
and 31 October 2023 64,000
NET BOOK VALUE
At 31 October 2023 -
At 31 October 2022 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2022 6,081,199
Additions 2,442,409
Disposals (433,400 )
At 31 October 2023 8,090,208
DEPRECIATION
At 1 November 2022 2,900,922
Charge for year 1,367,220
Eliminated on disposal (279,597 )
At 31 October 2023 3,988,545
NET BOOK VALUE
At 31 October 2023 4,101,663
At 31 October 2022 3,180,277

D & S Surfacing Limited (Registered number: 05273635)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

6. DEBTORS
31.10.23 31.10.22
£    £   
Amounts falling due within one year:
Trade debtors 811,865 697,243
Other debtors 39,981 32,481
851,846 729,724

Amounts falling due after more than one year:
Other debtors 92,247 92,247

Aggregate amounts 944,093 821,971

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans and overdrafts 130,338 134,514
Hire purchase contracts 1,382,504 1,001,393
Trade creditors 10,117 32,633
Taxation and social security 102,260 88,342
Other creditors 11,350 203,711
1,636,569 1,460,593

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.23 31.10.22
£    £   
Hire purchase contracts 2,366,171 1,652,778