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REGISTERED NUMBER: 04656658 (England and Wales)







Unaudited Financial Statements

for the Year Ended 29 February 2024

for

R J Durston Contracting Limited

R J Durston Contracting Limited (Registered number: 04656658)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


R J Durston Contracting Limited

Company Information
for the Year Ended 29 February 2024







DIRECTOR: R J Durston





REGISTERED OFFICE: Suite 1
Liberty House
South Liberty Lane
Bristol
BS3 2ST





REGISTERED NUMBER: 04656658 (England and Wales)





ACCOUNTANTS: Bennett Stock Limited
Suite 1, LIberty House
South Liberty Lane
Bristol
BS3 2ST

R J Durston Contracting Limited (Registered number: 04656658)

Statement of Financial Position
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 15,852 10,381
15,852 10,381

CURRENT ASSETS
Stocks 2,500 2,500
Debtors 6 189,621 140,522
Cash at bank 342,944 419,543
535,065 562,565
CREDITORS
Amounts falling due within one year 7 125,926 164,792
NET CURRENT ASSETS 409,139 397,773
TOTAL ASSETS LESS CURRENT
LIABILITIES

424,991

408,154

CREDITORS
Amounts falling due after more than one
year

8

(12,500

)

(22,500

)

PROVISIONS FOR LIABILITIES (3,946 ) (1,955 )
NET ASSETS 408,545 383,699

R J Durston Contracting Limited (Registered number: 04656658)

Statement of Financial Position - continued
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 408,543 383,697
SHAREHOLDERS' FUNDS 408,545 383,699

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 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 director and authorised for issue on 19 September 2024 and were signed by:





R J Durston - Director


R J Durston Contracting Limited (Registered number: 04656658)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

R J Durston Contracting 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 represents the amounts receivable, excluding VAT and trade discounts, by the company for goods and services provided during the year. All transactions arose in the United Kingdom.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of ten 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 - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 statement of financial position date.


R J Durston Contracting Limited (Registered number: 04656658)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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

The average number of employees during the year was 1 (2023 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 March 2023
and 29 February 2024 28,000
AMORTISATION
At 1 March 2023
and 29 February 2024 28,000
NET BOOK VALUE
At 29 February 2024 -
At 28 February 2023 -

R J Durston Contracting Limited (Registered number: 04656658)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 March 2023 54,450
Additions 10,750
At 29 February 2024 65,200
DEPRECIATION
At 1 March 2023 44,069
Charge for year 5,279
At 29 February 2024 49,348
NET BOOK VALUE
At 29 February 2024 15,852
At 28 February 2023 10,381

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 89,621 121,585
Other debtors 100,000 18,937
189,621 140,522

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 41,795 70,967
Taxation and social security 17,074 40,571
Other creditors 57,057 43,254
125,926 164,792

R J Durston Contracting Limited (Registered number: 04656658)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.2.24 28.2.23
£    £   
Bank loans 12,500 22,500

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £13,000 (2023 - £13,000) were paid to the director .

During the year the company had the following transactions with the director:

2024 2023

Capital introduced/(withdrawn) 13,790 (8,513 )

At the balance sheet date the amount due to the director was £55,708 (2023 - £41,918)

10. ULTIMATE CONTROLLING PARTY

The controlling party is R J Durston.