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REGISTERED NUMBER: 06148063 (England and Wales)














Unaudited Financial Statements for the Year Ended 31 March 2024

for

DUNCAN OLIVER CONSTRUCTION LIMITED

DUNCAN OLIVER CONSTRUCTION LIMITED (REGISTERED NUMBER: 06148063)






Contents of the Financial Statements
for the year ended 31 MARCH 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


DUNCAN OLIVER CONSTRUCTION LIMITED

Company Information
for the year ended 31 MARCH 2024







DIRECTORS: D O C Bott
L E Bott





SECRETARY: L E Bott





REGISTERED OFFICE: Old Saw Mill
Boughton Park
Boughton
Northampton
Northamptonshire
NN2 8SQ





REGISTERED NUMBER: 06148063 (England and Wales)





ACCOUNTANTS: Coopers&Co Ltd
Thistledown Barn
204 Holcot Road
Sywell
Northampton
Northamptonshire
NN6 0BG

DUNCAN OLIVER CONSTRUCTION LIMITED (REGISTERED NUMBER: 06148063)

Abridged Balance Sheet
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 35,009 24,046

CURRENT ASSETS
Debtors 40,564 56,233
Cash at bank and in hand 9,967 3,965
50,531 60,198
CREDITORS
Amounts falling due within one year 33,923 67,081
NET CURRENT ASSETS/(LIABILITIES) 16,608 (6,883 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

51,617

17,163

CREDITORS
Amounts falling due after more than one year 5 51,589 35,429
NET ASSETS/(LIABILITIES) 28 (18,266 )

CAPITAL AND RESERVES
Called up share capital 6 4 4
Retained earnings 24 (18,270 )
SHAREHOLDERS' FUNDS 28 (18,266 )

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 directors acknowledge their 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.

DUNCAN OLIVER CONSTRUCTION LIMITED (REGISTERED NUMBER: 06148063)

Abridged 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 September 2024 and were signed on its behalf by:





D O C Bott - Director


DUNCAN OLIVER CONSTRUCTION LIMITED (REGISTERED NUMBER: 06148063)

Notes to the Financial Statements
for the year ended 31 MARCH 2024

1. STATUTORY INFORMATION

Duncan Oliver Construction 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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

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.

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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

DUNCAN OLIVER CONSTRUCTION LIMITED (REGISTERED NUMBER: 06148063)

Notes to the Financial Statements - continued
for the year ended 31 MARCH 2024

2. ACCOUNTING POLICIES - continued

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

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023 97,296
Additions 37,030
Disposals (42,000 )
At 31 March 2024 92,326
DEPRECIATION
At 1 April 2023 73,250
Charge for year 11,671
Eliminated on disposal (27,604 )
At 31 March 2024 57,317
NET BOOK VALUE
At 31 March 2024 35,009
At 31 March 2023 24,046

DUNCAN OLIVER CONSTRUCTION LIMITED (REGISTERED NUMBER: 06148063)

Notes to the Financial Statements - continued
for the year ended 31 MARCH 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1 April 2023 42,000
Additions 37,030
Disposals (42,000 )
At 31 March 2024 37,030
DEPRECIATION
At 1 April 2023 27,604
Charge for year 9,258
Eliminated on disposal (27,604 )
At 31 March 2024 9,258
NET BOOK VALUE
At 31 March 2024 27,772
At 31 March 2023 14,396

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
2024 2023
£    £   

Repayable by instalments
Bank loans more 5 yr by instal 7,059 13,020

6. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2024 2023
value: £    £   
4 Share capital 1 £1 4 4

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The company charged interest during the year on the overdrawn balance at the official rate of 2.25% per annum amounting to £658 (2023: £644). There are no fixed terms of repayment.