1 September 2023 false No description of principal activity Taxfiler 2024.6 NI633288business:PrivateLimitedCompanyLtd2023-09-012024-03-31 NI6332882023-08-31 NI6332882023-09-012024-03-31 NI633288business:AuditExemptWithAccountantsReport2023-09-012024-03-31 NI633288business:FilletedAccounts2023-09-012024-03-31 NI6332882024-03-31 NI633288business:Director12023-09-012024-03-31 NI633288business:CompanySecretary12023-09-012024-03-31 NI633288business:RegisteredOffice2023-09-012024-03-31 NI6332882023-08-31 NI633288core:WithinOneYear2024-03-31 NI633288core:WithinOneYear2023-08-31 NI633288core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 NI633288core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 NI633288core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 NI633288core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 NI633288core:PreviouslyStatedAmount2024-03-31 NI633288core:PreviouslyStatedAmount2023-08-31 NI633288business:SmallEntities2023-09-012024-03-31 NI633288countries:NorthernIreland2023-09-012024-03-31 NI633288core:PlantMachinery2023-09-012024-03-31 NI633288core:MotorVehicles2023-09-012024-03-31 NI633288core:PlantMachinery2023-08-31 NI633288core:MotorVehicles2023-08-31 NI633288core:PlantMachinery2024-03-31 NI633288core:MotorVehicles2024-03-31 NI6332882022-09-012023-08-31 iso4217:GBP xbrli:pure
Company Registration No. NI633288 (Northern Ireland)
Davison Contracts (N.I.) Limited Unaudited accounts for the period from 1 September 2023 to 31 March 2024
Davison Contracts (N.I.) Limited Unaudited accounts Contents
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Davison Contracts (N.I.) Limited Company Information for the period from 1 September 2023 to 31 March 2024
Director
William Davison
Secretary
Mr William Davison
Company Number
NI633288 (Northern Ireland)
Registered Office
58A Moneygran Road Kilrea Coleraine County Londonderry BT51 5SL Northern Ireland
Accountants
TAG Accountants (N.I.) Ltd 81a Galgorm Road Ballymena Co Antrim BT42 1AA
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Davison Contracts (N.I.) Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
128,060 
112,000 
Current assets
Inventories
150,000 
142,525 
Debtors
27,573 
57,106 
Cash at bank and in hand
555 
7,258 
178,128 
206,889 
Creditors: amounts falling due within one year
(72,919)
(99,868)
Net current assets
105,209 
107,021 
Total assets less current liabilities
233,269 
219,021 
Provisions for liabilities
Deferred tax
(24,331)
(21,280)
Net assets
208,938 
197,741 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
208,838 
197,641 
Shareholders' funds
208,938 
197,741 
For the period ending 31 March 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 6 November 2024 and were signed on its behalf by
William Davison Director Company Registration No. NI633288
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Davison Contracts (N.I.) Limited Notes to the Accounts for the period from 1 September 2023 to 31 March 2024
1
Statutory information
Davison Contracts (N.I.) Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI633288. The registered office is 58A Moneygran Road, Kilrea, Coleraine, County Londonderry, BT51 5SL, Northern Ireland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance
Motor vehicles
20% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2023
249,656 
2,000 
251,656 
Additions
45,000 
- 
45,000 
At 31 March 2024
294,656 
2,000 
296,656 
Depreciation
At 1 September 2023
137,991 
1,665 
139,656 
Charge for the period
28,873 
67 
28,940 
At 31 March 2024
166,864 
1,732 
168,596 
Net book value
At 31 March 2024
127,792 
268 
128,060 
At 31 August 2023
111,665 
335 
112,000 
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Davison Contracts (N.I.) Limited Notes to the Accounts for the period from 1 September 2023 to 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
15,073 
3,919 
Trade debtors
12,500 
53,187 
27,573 
57,106 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
25,022 
30,026 
Obligations under finance leases and hire purchase contracts
35,462 
23,627 
Trade creditors
12,500 
49,506 
Taxes and social security
14,256 
10,570 
Loans from directors
(17,321)
(16,861)
Accruals
3,000 
3,000 
72,919 
99,868 
7
Average number of employees
During the period the average number of employees was 1 (2023: 1).
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