7 false false false false false false false false false false true false false false false false false No description of principal activity 2023-02-01 Sage Accounts Production Advanced 2023 - FRS102_2023 611,159 7,788 618,947 618,947 611,159 xbrli:pure xbrli:shares iso4217:GBP 07486588 2023-02-01 2024-01-31 07486588 2024-01-31 07486588 2023-01-31 07486588 2022-02-01 2023-01-31 07486588 2023-01-31 07486588 2022-01-31 07486588 core:MotorVehicles 2023-02-01 2024-01-31 07486588 bus:Director3 2023-02-01 2024-01-31 07486588 core:MotorVehicles 2023-01-31 07486588 core:MotorVehicles 2024-01-31 07486588 core:WithinOneYear 2024-01-31 07486588 core:WithinOneYear 2023-01-31 07486588 core:AfterOneYear 2024-01-31 07486588 core:AfterOneYear 2023-01-31 07486588 core:ShareCapital 2024-01-31 07486588 core:ShareCapital 2023-01-31 07486588 core:RetainedEarningsAccumulatedLosses 2024-01-31 07486588 core:RetainedEarningsAccumulatedLosses 2023-01-31 07486588 core:CostValuation core:Non-currentFinancialInstruments 2023-01-31 07486588 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-01-31 07486588 core:CostValuation core:Non-currentFinancialInstruments 2024-01-31 07486588 core:Non-currentFinancialInstruments 2024-01-31 07486588 core:Non-currentFinancialInstruments 2023-01-31 07486588 core:MotorVehicles 2023-01-31 07486588 bus:SmallEntities 2023-02-01 2024-01-31 07486588 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 07486588 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 07486588 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 07486588 bus:FullAccounts 2023-02-01 2024-01-31 07486588 core:ComputerEquipment 2023-02-01 2024-01-31 07486588 core:ComputerEquipment 2023-01-31 07486588 core:ComputerEquipment 2024-01-31
COMPANY REGISTRATION NUMBER: 07486588
D N CONSTRUCTION LTD
Filleted Unaudited Financial Statements
31 January 2024
D N CONSTRUCTION LTD
Statement of Financial Position
31 January 2024
2024
2023
Note
£
£
£
Fixed assets
Tangible assets
5
49,173
15,605
Investments
6
618,947
611,159
---------
---------
668,120
626,764
Current assets
Stocks
2,000
2,000
Debtors
7
9,412
2,488
Cash at bank and in hand
201,431
39,579
---------
--------
212,843
44,067
Creditors: amounts falling due within one year
8
236,461
152,467
---------
---------
Net current liabilities
23,618
108,400
---------
---------
Total assets less current liabilities
644,502
518,364
Creditors: amounts falling due after more than one year
9
13,231
23,383
---------
---------
Net assets
631,271
494,981
---------
---------
D N CONSTRUCTION LTD
Statement of Financial Position (continued)
31 January 2024
2024
2023
Note
£
£
£
Capital and reserves
Called up share capital
100
100
Profit and loss account
631,171
494,881
---------
---------
Shareholders funds
631,271
494,981
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31st January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 17 October 2024 , and are signed on behalf of the board by:
Mr N Alija
Director
Company registration number: 07486588
D N CONSTRUCTION LTD
Notes to the Financial Statements
Year ended 31st January 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 6 Fairbrook Close, London, N13 6EZ.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Motor Vehicles
-
25% reducing balance
Equipments
-
25% reducing balance
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 7 (2023: 6 ).
5. Tangible assets
Motor vehicles
Equipment
Total
£
£
£
Cost
At 1st February 2023
118,584
5,560
124,144
Additions
49,959
49,959
---------
-------
---------
At 31st January 2024
168,543
5,560
174,103
---------
-------
---------
Depreciation
At 1st February 2023
103,874
4,665
108,539
Charge for the year
16,167
224
16,391
---------
-------
---------
At 31st January 2024
120,041
4,889
124,930
---------
-------
---------
Carrying amount
At 31st January 2024
48,502
671
49,173
---------
-------
---------
At 31st January 2023
14,710
895
15,605
---------
-------
---------
6. Investments
Other loans
£
Cost
At 1st February 2023
611,159
Additions
7,788
---------
At 31st January 2024
618,947
---------
Impairment
At 1st February 2023 and 31st January 2024
---------
Carrying amount
At 31st January 2024
618,947
---------
At 31st January 2023
611,159
---------
A loan of £557,000 was initially given at arms length terms to the real estates investment company DN Property Ltd which is registered in England and Wales and Mr N Alija and My Y Alija are the directors and shareholders. Interest due has been added to the loan capital annually.
7. Debtors
2024
2023
£
£
Trade debtors
7,372
1,528
Other debtors
2,040
960
-------
-------
9,412
2,488
-------
-------
8. Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
11,830
10,000
Corporation tax
50,433
4,670
Social security and other taxes
18,407
4,136
Other creditors
155,791
133,661
---------
---------
236,461
152,467
---------
---------
9. Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
13,231
23,383
--------
--------