Registered number: 5702108 | ||||||||
FOR THE YEAR ENDED 28/02/2024 | ||||||||
Prepared By: | ||||||||
NB Lancaster & Co | ||||||||
Chartered Accountants | ||||||||
6 Brunswick Street | ||||||||
Carlisle | ||||||||
Cumbria | ||||||||
CA1 1PN |
S Dinwoodie Contractors Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 28/02/2024 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 5702108 | ||||||||
BANKERS | ||||||||
HSBC plc | ||||||||
ACCOUNTANTS | ||||||||
NB Lancaster & Co | ||||||||
Chartered Accountants | ||||||||
6 Brunswick Street | ||||||||
Carlisle | ||||||||
Cumbria | ||||||||
CA1 1PN |
S Dinwoodie Contractors Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED28/02/2024 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
S Dinwoodie Contractors Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 | |||||||||
CURRENT ASSETS | ||||||||||
Stock | ||||||||||
Debtors | 3 | |||||||||
Cash at bank and in hand | ||||||||||
19,361 | 28,314 | |||||||||
CREDITORS: Amounts falling due within one year | 4 | |||||||||
NET CURRENT LIABILITIES | ( | (14,983) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 5 | 29,097 | 39,697 | |||||||
PROVISIONS FOR LIABILITIES AND CHARGES | ||||||||||
NET (LIABILITIES) / ASSETS | ( | |||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | ||||||||||
Profit and loss account | (6,455) | 7,747 | ||||||||
SHAREHOLDERS' FUNDS | ( | |||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
S Dinwoodie Contractors Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 28/02/2024 | ||||||||||
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 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Plant and Machinery | reducing balance 25% | |||||||
Equipment | reducing balance 25% | |||||||
Motor Vehicles | reducing balance 25% |
1c. Stocks | ||||||||
Stock and work in progress are valued at the lower of cost and net estimated selling price less selling costs. For raw materials, cost is based on the weighted average purchase price. For work in progress, cost is taken as production cost which includes an appropriate proportion of attributable overheads. |
1d. Taxation | ||||||||
Corporation tax payable is provided on taxable profits at the current rates. | ||||||||
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. |
1e. Turnover | ||||||||
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts. Turnover is recognised upon the despatch of goods and the provision of services. |
1f. Leases | ||||||||
Assets held under hire purchase contracts are capitalised in the balance sheet at their fair value and depreciated over their expected useful lives. The interest element of repayments represents a constant proportion of the capital balance outstanding and is charged to the profit and loss account over the period of the lease. All other leases are regarded as operating leases and the payments made under them are charged to the profit and loss account on a straight line basis over the lease term. |
S Dinwoodie Contractors Limited | ||||||||
2. TANGIBLE FIXED ASSETS | ||||||||
Plant and | ||||||||
Machinery | Equipment | Motor Vehicles | Total | |||||
£ | £ | £ | £ | |||||
Cost | ||||||||
At 01/03/2023 | 44,385 | 4,483 | 85,275 | 134,143 | ||||
At 28/02/2024 | 44,385 | 4,483 | 85,275 | 134,143 | ||||
Depreciation | ||||||||
At 01/03/2023 | 25,481 | 4,325 | 27,265 | 57,071 | ||||
For the year | 4,726 | 39 | 14,503 | 19,268 | ||||
At 28/02/2024 | 30,207 | 4,364 | 41,768 | 76,339 | ||||
Net Book Amounts | ||||||||
At 28/02/2024 | 14,178 | 119 | 43,507 | 57,804 | ||||
At 28/02/2023 | 18,904 | 158 | 58,010 | 77,072 | ||||
3. DEBTORS | 2024 | 2023 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 3,746 | 4,541 | ||||||
Other taxation and social security creditors | 2,314 | - | ||||||
Directors current account | 2,730 | - | ||||||
8,790 | 4,541 | |||||||
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
UK corporation tax | 7,694 | 4,233 | ||||||
VAT | 15,630 | 7,215 | ||||||
Other taxation and social security creditors | - | 8,087 | ||||||
Directors current account | - | 4,141 | ||||||
Bank loan | 1,667 | - | ||||||
Hire purchase | 14,295 | 13,818 | ||||||
Trade creditors | 2,902 | 4,503 | ||||||
Accruals | 1,350 | 1,300 | ||||||
43,538 | 43,297 | |||||||
S Dinwoodie Contractors Limited | ||||||||
5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Bank loans (secured) >1yr | 3,194 | - | ||||||
Hire purchase >1yr | 25,903 | 39,697 | ||||||
29,097 | 39,697 | |||||||
6. SECURED CREDITORS | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Amount of bank loans and overdrafts which are secured | 4,861 | - | ||||||
Amount of other creditors which are secured | 40,198 | 53,515 | ||||||
Bank loans are secured on the assets of the company. Hire purchase creditors are secured on the assets to which the liabilities relate. | ||||||||
7. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | 3 | |||||
8. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
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9. ADDITIONAL INFORMATION | ||||||||
The company is a private company, limited by shares and registered in England & Wales. | ||||||||
The company's registered number is 05702108. | ||||||||
The company's registered office is 6 Brunswick Street, Carlisle CA1 1PN. |
S Dinwoodie Contractors Limited | ||||||||
10. TRANSACTIONS WITH DIRECTORS | ||||||||
During the year total advances of £2,730 were made to the directror by the company. This balance remains outstanding at the balance sheet date. The loan is interest free, unsecured and repayable on demand. | ||||||||