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REGISTERED NUMBER: 06878603 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Durkan Cahill Ltd

Durkan Cahill Ltd (Registered number: 06878603)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Durkan Cahill Ltd

Company Information
for the Year Ended 30 April 2024







DIRECTOR: Mr M P Durkan





REGISTERED OFFICE: Suite G2
Montpellier House
Montpellier Drive
Cheltenham
Gloucestershire
GL50 1TY





REGISTERED NUMBER: 06878603 (England and Wales)





ACCOUNTANTS: Francis & Co
Second Floor
123 Promenade
Cheltenham
Gloucestershire
GL50 1NW

Durkan Cahill Ltd (Registered number: 06878603)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 22,830 29,141
Investments 6 558,412 503,207
581,242 532,348

CURRENT ASSETS
Stocks 7 185,406 186,840
Debtors 8 395,418 134,246
Cash at bank 786,501 793,469
1,367,325 1,114,555
CREDITORS
Amounts falling due within one year 9 248,518 214,743
NET CURRENT ASSETS 1,118,807 899,812
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,700,049

1,432,160

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,699,949 1,432,060
SHAREHOLDERS' FUNDS 1,700,049 1,432,160

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

Durkan Cahill Ltd (Registered number: 06878603)

Balance Sheet - continued
30 April 2024


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 13 September 2024 and were signed by:





Mr M P Durkan - Director


Durkan Cahill Ltd (Registered number: 06878603)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Durkan Cahill Ltd 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 as modified by the revaluation of certain assets.

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 2009, 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.
Fixtures and fittings - 15% on cost

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.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 7 ) .

Durkan Cahill Ltd (Registered number: 06878603)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 200,000
AMORTISATION
At 1 May 2023
and 30 April 2024 200,000
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 -

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 May 2023
and 30 April 2024 1,595 58,838 60,433
DEPRECIATION
At 1 May 2023 - 31,292 31,292
Charge for year - 6,311 6,311
At 30 April 2024 - 37,603 37,603
NET BOOK VALUE
At 30 April 2024 1,595 21,235 22,830
At 30 April 2023 1,595 27,546 29,141

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 May 2023 503,207
Revaluations 55,205
At 30 April 2024 558,412
NET BOOK VALUE
At 30 April 2024 558,412
At 30 April 2023 503,207

Durkan Cahill Ltd (Registered number: 06878603)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

6. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 30 April 2024 is represented by:

Other
investments
£   
Valuation in 2024 558,412

7. STOCKS
30.4.24 30.4.23
£    £   
Work-in-progress 185,406 186,840

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 139,978 89,189
Other debtors 255,440 45,057
395,418 134,246

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 10,548 -
Taxation and social security 137,926 129,080
Other creditors 100,044 85,663
248,518 214,743

10. ULTIMATE CONTROLLING PARTY

The controlling party is Mr M P Durkan.