11120573falsethat of plastering and dry lining2023-02-012024-01-31http://www.companieshouse.gov.uk/2023-01-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-01-31http://www.companieshouse.gov.uk/cd:Director12023-02-012024-01-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2023-01-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-01-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2024-01-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-01-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-02-012024-01-31http://www.companieshouse.gov.uk/pt:MotorCars2023-01-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-01-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-02-012024-01-31http://www.companieshouse.gov.uk/pt:MotorCars2024-01-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-02-012024-01-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-01-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-01-31http://www.companieshouse.gov.uk/2023-02-012024-01-31http://www.companieshouse.gov.uk/2023-01-31http://www.companieshouse.gov.uk/cd:FRS1022023-02-012024-01-31http://www.companieshouse.gov.uk/2024-01-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-02-012024-01-31http://www.companieshouse.gov.uk/pt:LandBuildings2023-01-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-02-012024-01-31http://www.companieshouse.gov.uk/pt:LandBuildings2024-01-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 11120573

DRY WALL SURVEYING SERVICES (SOUTHERN) LTD

ACCOUNTS
FOR THE YEAR ENDED 31/01/2024

Prepared By:
Martin & Fahy Accountants LLP
7 Milbanke Court
Milbanke Way
Bracknell
Berkshire
RG12 1RP

DRY WALL SURVEYING SERVICES (SOUTHERN) LTD

ACCOUNTS
FOR THE YEAR ENDED 31/01/2024
DIRECTORS
Mr Adam South
REGISTERED OFFICE
Units 4 - 5 Knights Court
Magellan Close
Walworth Business Park
Andover Hampshire
SP10 5NT
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 11120573
ACCOUNTANTS
Martin & Fahy Accountants LLP
7 Milbanke Court
Milbanke Way
Bracknell
Berkshire
RG12 1RP

DRY WALL SURVEYING SERVICES (SOUTHERN) LTD

BALANCE SHEET AT 31/01/2024
20242023
Notes££
FIXED ASSETS
Tangible assets3291,202242,177
Investment Assets4547,750475,505
838,952717,682
CURRENT ASSETS
Stock455,189128,641
Debtors61,299,8701,149,216
Cash at bank and in hand1,624,1401,239,734
3,379,1992,517,591
CREDITORS: Amounts falling due within one year72,510,9261,905,940
NET CURRENT ASSETS868,273611,651
TOTAL ASSETS LESS CURRENT LIABILITIES1,707,2251,329,333
CREDITORS: Amounts falling due after more than one year8105,55655,842
PROVISIONS FOR LIABILITIES AND CHARGES945,61854,118
NET ASSETS1,556,0511,219,373
CAPITAL AND RESERVES
Called up share capital1022
Profit and loss account1,556,0491,219,371
SHAREHOLDERS' FUNDS1,556,0511,219,373
For the year ending 31/01/2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 28/10/2024 and signed on their behalf by
.............................
Mr Adam South
Director

DRY WALL SURVEYING SERVICES (SOUTHERN) LTD

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/01/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Land And Buildingsstraight line 20%
Commercial Vehiclesstraight line 20%
Equipmentstraight line 25%
Motor Carsreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Investments
Fixed asset investments are shown at cost less amounts written off.
Provisions are made for permanent fluctuations in value.

DRY WALL SURVEYING SERVICES (SOUTHERN) LTD

2. EMPLOYEES
20242023
No.No.
Average number of employees1816
3. TANGIBLE FIXED ASSETS
Land AndCommercial
BuildingsVehiclesEquipmentMotor CarsTotal
£££££
Cost
At 01/02/202350,000400,893244,977-695,870
Additions-43,22523,715114,300181,240
Disposals-(45,080)--(45,080)
At 31/01/202450,000399,038268,692114,300832,030
Depreciation
At 01/02/202336,000187,217230,476-453,693
Disposals-(31,969)--(31,969)
For the year10,00082,1339,82817,143119,104
At 31/01/202446,000237,381240,30417,143540,828
Net Book Amounts
At 31/01/20244,000161,65728,38897,157291,202
At 31/01/202314,000213,67614,501-242,177
Land and buildings - nil at 31 January 2019.
4. FINANCIAL ASSETS
Other
InvestmentsTotal
££
Cost
At 01/02/2023475,505475,505
Additions72,24572,245
At 31/01/2024547,750547,750
Amortisation
Net Book Amounts
At 31/01/2024547,750547,750
At 31/01/2023475,505475,505

DRY WALL SURVEYING SERVICES (SOUTHERN) LTD

5. STOCK 20242023
££
Stock comprises:
Stock47,54337,877
Work in progress407,64690,764
455,189128,641
6. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors96,513124,277
VAT94,88895,032
Other debtors22
Amounts due from connected company1,093,065918,351
Prepayments15,40211,554
1,299,8701,149,216
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax118,44329,688
PAYE control63,550104,164
Directors current account-222
Bank Loan10,00010,000
Hire purchase20,06620,591
Trade creditors2,137,7421,460,752
Pension schemes4,6895,005
Accruals156,436275,518
2,510,9261,905,940
8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loans (unsecured) >1yr15,89226,059
Hire purchase >1yr89,66429,783
105,55655,842

DRY WALL SURVEYING SERVICES (SOUTHERN) LTD

9. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation45,61854,118
45,61854,118
10. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
2 Ordinary shares of £1 each22
22
New shares issued during period:
2 Ordinary shares of £1 each22