IRIS Accounts Production v24.2.0.383 NI028400 director 1.1.23 31.12.23 31.12.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhNI0284002022-12-31NI0284002023-12-31NI0284002023-01-012023-12-31NI0284002021-12-31NI0284002022-01-012022-12-31NI0284002022-12-31NI028400ns15:NorthernIreland2023-01-012023-12-31NI028400ns14:PoundSterling2023-01-012023-12-31NI028400ns10:Director12023-01-012023-12-31NI028400ns10:PrivateLimitedCompanyLtd2023-01-012023-12-31NI028400ns10:SmallEntities2023-01-012023-12-31NI028400ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-31NI028400ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-31NI028400ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-31NI028400ns10:FullAccounts2023-01-012023-12-31NI028400ns10:RegisteredOffice2023-01-012023-12-31NI028400ns5:CurrentFinancialInstruments2023-12-31NI028400ns5:CurrentFinancialInstruments2022-12-31NI028400ns5:Non-currentFinancialInstruments2023-12-31NI028400ns5:Non-currentFinancialInstruments2022-12-31NI028400ns5:ShareCapital2023-12-31NI028400ns5:ShareCapital2022-12-31NI028400ns5:RetainedEarningsAccumulatedLosses2023-12-31NI028400ns5:RetainedEarningsAccumulatedLosses2022-12-31NI028400ns5:LeaseholdImprovements2023-01-012023-12-31NI028400ns5:PlantMachinery2023-01-012023-12-31NI028400ns5:FurnitureFittings2023-01-012023-12-31NI028400ns5:MotorVehicles2023-01-012023-12-31NI028400ns5:LeaseholdImprovements2022-12-31NI028400ns5:PlantMachinery2022-12-31NI028400ns5:FurnitureFittings2022-12-31NI028400ns5:MotorVehicles2022-12-31NI028400ns5:LeaseholdImprovements2023-12-31NI028400ns5:PlantMachinery2023-12-31NI028400ns5:FurnitureFittings2023-12-31NI028400ns5:MotorVehicles2023-12-31NI028400ns5:LeaseholdImprovements2022-12-31NI028400ns5:PlantMachinery2022-12-31NI028400ns5:FurnitureFittings2022-12-31NI028400ns5:MotorVehicles2022-12-31NI028400ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-31NI028400ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-31
REGISTERED NUMBER: NI028400 (Northern Ireland)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

D. & D. FLOORING LIMITED

D. & D. FLOORING LIMITED (REGISTERED NUMBER: NI028400)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Statement of Financial Position 2 to 3

Notes to the Financial Statements 4 to 6


D. & D. FLOORING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: M A Doherty





REGISTERED OFFICE: 17 Clarendon Road
Clarendon Dock
Belfast
BT1 3BG





REGISTERED NUMBER: NI028400 (Northern Ireland)





ACCOUNTANTS: Baker Tilly Mooney Moore
Chartered Certified Accountants
17 Clarendon Road
Clarendon Dock
Belfast
BT1 3BG

D. & D. FLOORING LIMITED (REGISTERED NUMBER: NI028400)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 59,804 46,883

CURRENT ASSETS
Stocks 66,250 62,441
Debtors 5 406,077 321,664
Cash at bank 467,473 497,237
939,800 881,342
CREDITORS
Amounts falling due within one year 6 238,486 229,460
NET CURRENT ASSETS 701,314 651,882
TOTAL ASSETS LESS CURRENT
LIABILITIES

761,118

698,765

CREDITORS
Amounts falling due after more than one
year

7

(289

)

(3,660

)

PROVISIONS FOR LIABILITIES (14,615 ) (10,439 )
NET ASSETS 746,214 684,666

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 745,214 683,666
SHAREHOLDERS' FUNDS 746,214 684,666

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

D. & D. FLOORING LIMITED (REGISTERED NUMBER: NI028400)

STATEMENT OF FINANCIAL POSITION - continued
31 DECEMBER 2023



The financial statements were authorised for issue by the director and authorised for issue on 13 September 2024 and were signed by:





M A Doherty - Director


D. & D. FLOORING LIMITED (REGISTERED NUMBER: NI028400)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

D. & D. Flooring Limited is a private company, limited by shares , registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Significant judgements and estimates
In preparing these financial statements the directors have made the following judgements:

Consider the recoverability of trade debtors and work in progress and the need for impairment provisions. These considerations are undertaken regularly by the directors, and especially at the year end date. Factors taken into account include historical experience, current market conditions and knowledge of the sector. Amounts identified as irrecoverable will be provided against in the relevant period.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on reducing balance
Plant and machinery - 15% on reducing balance
Fixtures, fittings & equipment - 25% on reducing balance
Motor vehicles - 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.


D. & D. FLOORING LIMITED (REGISTERED NUMBER: NI028400)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


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.

Foreign currencies
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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 7 (2022 - 8 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures,
to Plant and fittings Motor
property machinery & equipment vehicles Totals
£    £    £    £    £   
COST
At 1 January 2023 12,243 21,907 15,917 124,164 174,231
Additions - 1,420 1,256 21,350 24,026
At 31 December 2023 12,243 23,327 17,173 145,514 198,257
DEPRECIATION
At 1 January 2023 10,749 14,157 13,682 88,760 127,348
Charge for year 150 1,355 815 8,785 11,105
At 31 December 2023 10,899 15,512 14,497 97,545 138,453
NET BOOK VALUE
At 31 December 2023 1,344 7,815 2,676 47,969 59,804
At 31 December 2022 1,494 7,750 2,235 35,404 46,883

D. & D. FLOORING LIMITED (REGISTERED NUMBER: NI028400)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 299,052 310,362
Directors' current accounts 106,034 3,544
Prepayments 991 7,758
406,077 321,664

At the year end an amount of £106,034 was owing from the director. The amount is interest free, unsecured and repayable on demand.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Hire purchase contracts 3,371 3,371
Trade creditors 125,596 115,358
Corporation tax 24,845 26,498
Tax and social security 50,784 68,135
Accrued expenses 33,890 16,098
238,486 229,460

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Hire purchase contracts 289 3,660

8. ULTIMATE CONTROLLING PARTY

The company continues to be controlled by the director by virtue of his shareholding.