REGISTERED NUMBER: |
Audited Financial Statements |
for the Year Ended 31 October 2023 |
for |
David Andrews Heritage Limited |
REGISTERED NUMBER: |
Audited Financial Statements |
for the Year Ended 31 October 2023 |
for |
David Andrews Heritage Limited |
David Andrews Heritage Limited (Registered number: 11002200) |
Contents of the Financial Statements |
for the Year Ended 31 October 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 | to | 4 |
David Andrews Heritage Limited |
Company Information |
for the Year Ended 31 October 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
AUDITORS: |
Statutory Auditors |
5 West Court |
Enterprise Road |
Maidstone |
Kent |
ME15 6JD |
David Andrews Heritage Limited (Registered number: 11002200) |
Balance Sheet |
31 October 2023 |
2023 | 2022 |
Notes | £ | £ |
CURRENT ASSETS |
Stocks |
Debtors | 4 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
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 |
David Andrews Heritage Limited (Registered number: 11002200) |
Notes to the Financial Statements |
for the Year Ended 31 October 2023 |
1. | STATUTORY INFORMATION |
David Andrews Heritage Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents the fair value of goods and services supplied by the company, net of value added tax and trade discounts. |
Turnover is derived from long-term construction contracts. Turnover in respect of rendering of these services is recognised with reference to the stage of completion of the contract. Stage of completion is measured by the value of work completed by the end of the financial year. |
Stocks |
Stock and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stock. Cost includes all direct costs. |
Financial instruments |
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, and related party loans. |
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 NIL (2022 - NIL). |
David Andrews Heritage Limited (Registered number: 11002200) |
Notes to the Financial Statements - continued |
for the Year Ended 31 October 2023 |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Trade debtors |
Amounts owed by group undertakings |
VAT |
Deferred tax asset |
Prepayments and accrued income |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Trade creditors |
Amounts owed to group undertakings |
VAT |
Other creditors |
Accrued expenses |
6. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
The Report of the Auditors was unqualified. |
for and on behalf of |
7. | RELATED PARTY DISCLOSURES |
Included within debtors falling due within one year is an amount of £ owed from |
During the year, costs of £ £Nil (2022: £ year is the balance owed to David Andrews (Construction) Limited of £ £ |
8. | ULTIMATE CONTROLLING PARTY |
The controlling party is D.A.C. Management Services Limited. |
The ultimate controlling party is |
The parent company is D.A.C. Management Services Limited, registered number 02307804. The registered office is Level 2 Klaco House, 28 St John's Square, Clerkenwell, London, EC1M 4DN. The parent company prepares group accounts, in which David Andrews Heritage Limited is a consolidated subsidiary. These can be found at Companies House. |