IRIS Accounts Production v24.2.0.383 01477948 director 1.4.23 31.3.24 31.3.24 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh014779482023-03-31014779482024-03-31014779482023-04-012024-03-31014779482022-03-31014779482022-04-012023-03-31014779482023-03-3101477948ns15:EnglandWales2023-04-012024-03-3101477948ns14:PoundSterling2023-04-012024-03-3101477948ns10:Director12023-04-012024-03-3101477948ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3101477948ns10:SmallEntities2023-04-012024-03-3101477948ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3101477948ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3101477948ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3101477948ns10:FullAccounts2023-04-012024-03-3101477948ns10:CompanySecretary12023-04-012024-03-3101477948ns10:RegisteredOffice2023-04-012024-03-3101477948ns5:CurrentFinancialInstruments2024-03-3101477948ns5:CurrentFinancialInstruments2023-03-3101477948ns5:Non-currentFinancialInstruments2024-03-3101477948ns5:Non-currentFinancialInstruments2023-03-3101477948ns5:ShareCapital2024-03-3101477948ns5:ShareCapital2023-03-3101477948ns5:CapitalRedemptionReserve2024-03-3101477948ns5:CapitalRedemptionReserve2023-03-3101477948ns5:FurtherSpecificReserve3ComponentTotalEquity2024-03-3101477948ns5:FurtherSpecificReserve3ComponentTotalEquity2023-03-3101477948ns5:RetainedEarningsAccumulatedLosses2024-03-3101477948ns5:RetainedEarningsAccumulatedLosses2023-03-3101477948ns5:LeaseholdImprovements2023-04-012024-03-3101477948ns5:PlantMachinery2023-04-012024-03-3101477948ns5:FurnitureFittings2023-04-012024-03-3101477948ns5:MotorVehicles2023-04-012024-03-3101477948ns5:ComputerEquipment2023-04-012024-03-3101477948ns5:LeaseholdImprovements2023-03-3101477948ns5:PlantMachinery2023-03-3101477948ns5:FurnitureFittings2023-03-3101477948ns5:LeaseholdImprovements2024-03-3101477948ns5:PlantMachinery2024-03-3101477948ns5:FurnitureFittings2024-03-3101477948ns5:LeaseholdImprovements2023-03-3101477948ns5:PlantMachinery2023-03-3101477948ns5:FurnitureFittings2023-03-3101477948ns5:MotorVehicles2023-03-3101477948ns5:ComputerEquipment2023-03-3101477948ns5:MotorVehicles2024-03-3101477948ns5:ComputerEquipment2024-03-3101477948ns5:MotorVehicles2023-03-3101477948ns5:ComputerEquipment2023-03-3101477948ns5:CostValuation2023-03-3101477948ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3101477948ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3101477948ns5:FurtherSpecificReserve3ComponentTotalEquity2023-03-31
REGISTERED NUMBER: 01477948 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

DORABRIDGE DESIGN & BUILD LIMITED

DORABRIDGE DESIGN & BUILD LIMITED (REGISTERED NUMBER: 01477948)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DORABRIDGE DESIGN & BUILD LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: Mr S Burt





SECRETARY: Mrs D S Burt





REGISTERED OFFICE: Hinkley House
Ashford Road
Badlesmere Lees
Faversham
Kent
ME13 0NX





REGISTERED NUMBER: 01477948 (England and Wales)





ACCOUNTANTS: Stephen Hill Partnership Limited
139-141 Watling Street
Gillingham
Kent
ME7 2YY

DORABRIDGE DESIGN & BUILD LIMITED (REGISTERED NUMBER: 01477948)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 18,058 20,977
Investments 5 180,000 180,000
Investment property 6 210,000 210,000
408,058 410,977

CURRENT ASSETS
Stocks 7 11,221 22,862
Debtors 8 19,514 27,897
Cash at bank 58,866 196,001
89,601 246,760
CREDITORS
Amounts falling due within one year 9 137,548 152,945
NET CURRENT (LIABILITIES)/ASSETS (47,947 ) 93,815
TOTAL ASSETS LESS CURRENT
LIABILITIES

360,111

504,792

CREDITORS
Amounts falling due after more than one
year

10

(13,269

)

(25,308

)

PROVISIONS FOR LIABILITIES (2,840 ) (3,357 )
NET ASSETS 344,002 476,127

CAPITAL AND RESERVES
Called up share capital 63 63
Capital redemption reserve 14 14
Fair value reserve 11 88,409 88,409
Retained earnings 255,516 387,641
SHAREHOLDERS' FUNDS 344,002 476,127

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

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

DORABRIDGE DESIGN & BUILD LIMITED (REGISTERED NUMBER: 01477948)

BALANCE SHEET - continued
31 MARCH 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 25 October 2024 and were signed by:





Mr S Burt - Director


DORABRIDGE DESIGN & BUILD LIMITED (REGISTERED NUMBER: 01477948)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Dorabridge Design & Build 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 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 and value added tax.

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 - 2% on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

The assets' residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying value amount and are recognised in the Income Statement.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors.

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 balance sheet date.

DORABRIDGE DESIGN & BUILD LIMITED (REGISTERED NUMBER: 01477948)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 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 balance sheet 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.

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.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions.

Creditors
Short term creditors are measured at transaction price.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 April 2023
and 31 March 2024 26,418 51,677 437
DEPRECIATION
At 1 April 2023 14,924 44,523 426
Charge for year 528 1,753 1
At 31 March 2024 15,452 46,276 427
NET BOOK VALUE
At 31 March 2024 10,966 5,401 10
At 31 March 2023 11,494 7,154 11

DORABRIDGE DESIGN & BUILD LIMITED (REGISTERED NUMBER: 01477948)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 39,940 7,970 126,442
DEPRECIATION
At 1 April 2023 38,110 7,482 105,465
Charge for year 457 180 2,919
At 31 March 2024 38,567 7,662 108,384
NET BOOK VALUE
At 31 March 2024 1,373 308 18,058
At 31 March 2023 1,830 488 20,977

5. FIXED ASSET INVESTMENTS
Interest
in joint
venture
£   
COST
At 1 April 2023
and 31 March 2024 180,000
NET BOOK VALUE
At 31 March 2024 180,000
At 31 March 2023 180,000

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 210,000
NET BOOK VALUE
At 31 March 2024 210,000
At 31 March 2023 210,000

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2022 210,000

7. STOCKS
2024 2023
£    £   
Work-in-progress 11,221 22,862

DORABRIDGE DESIGN & BUILD LIMITED (REGISTERED NUMBER: 01477948)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 3,606 3,606
Other debtors 15,908 24,291
19,514 27,897

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 12,039 11,248
Trade creditors 64,192 77,405
Taxation and social security - 1,746
Other creditors 61,317 62,546
137,548 152,945

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 13,269 25,308

11. RESERVES
Fair
value
reserve
£   
At 1 April 2023
and 31 March 2024 88,409