Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 10886587 Mr Stephen Hennessy iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10886587 2022-12-31 10886587 2023-12-31 10886587 2023-01-01 2023-12-31 10886587 frs-core:CurrentFinancialInstruments 2023-12-31 10886587 frs-core:MotorVehicles 2023-12-31 10886587 frs-core:MotorVehicles 2023-01-01 2023-12-31 10886587 frs-core:MotorVehicles 2022-12-31 10886587 frs-core:ShareCapital 2023-12-31 10886587 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 10886587 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 10886587 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 10886587 frs-bus:SmallEntities 2023-01-01 2023-12-31 10886587 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 10886587 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 10886587 frs-bus:Director1 2023-01-01 2023-12-31 10886587 frs-countries:EnglandWales 2023-01-01 2023-12-31 10886587 2021-12-31 10886587 2022-12-31 10886587 2022-01-01 2022-12-31 10886587 frs-core:CurrentFinancialInstruments 2022-12-31 10886587 frs-core:ShareCapital 2022-12-31 10886587 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 10886587
DFL Construction UK Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Unaudited Financial Statements
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 10886587
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 5,942 7,923
5,942 7,923
CURRENT ASSETS
Stocks 5 - 46,373
Debtors 6 11,159 215,747
Cash at bank and in hand 1,278,222 1,761,812
1,289,381 2,023,932
Creditors: Amounts Falling Due Within One Year 7 (684,020 ) (1,465,415 )
NET CURRENT ASSETS (LIABILITIES) 605,361 558,517
TOTAL ASSETS LESS CURRENT LIABILITIES 611,303 566,440
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,325 ) (1,505 )
NET ASSETS 609,978 564,935
CAPITAL AND RESERVES
Called up share capital 8 100 100
Income Statement 609,878 564,835
SHAREHOLDERS' FUNDS 609,978 564,935
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Page 2
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Mr Stephen Hennessy
Director
02/09/2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
DFL Construction UK Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10886587 . The registered office is 3 Windmill Hill, Biddenham, Bedford, Bedfordshire, MK40 4AG.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles Reducing balance 25%
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.6. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date.
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2.7. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the income statement, directors report, and notes to the financial statements relating to the income statement. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: 1)
- 1
4. Tangible Assets
Motor Vehicles
£
Cost
As at 1 January 2023 13,000
As at 31 December 2023 13,000
Depreciation
As at 1 January 2023 5,077
Provided during the period 1,981
As at 31 December 2023 7,058
Net Book Value
As at 31 December 2023 5,942
As at 1 January 2023 7,923
5. Stocks
2023 2022
£ £
Work in progress - 46,373
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors - 189,080
Other taxes and social security 11,059 11,067
Called up share capital not paid 100 100
Amounts owed by associates - 15,500
11,159 215,747
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7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 70 88,450
Corporation tax 24,024 50,455
VAT 497 201,082
Accruals and deferred income 659,429 1,067,109
Amounts owed to related parties - 58,319
684,020 1,465,415
8. Share Capital
2023 2022
£ £
Called Up Share Capital not Paid 100 100
Amount of Allotted, Called Up Share Capital 100 100
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