Company Registration No. 07145110 (England and Wales)
Durham Complete Decking Ltd
Unaudited accounts
for the year ended 29 February 2024
Durham Complete Decking Ltd
Unaudited accounts
Contents
Durham Complete Decking Ltd
Company Information
for the year ended 29 February 2024
Company Number
07145110 (England and Wales)
Registered Office
Bearpark Hall Farm
Durham
Co Durham
DH1 4TJ
Durham Complete Decking Ltd
Statement of financial position
as at 29 February 2024
Tangible assets
157,913
210,306
Inventories
175,000
300,590
Cash at bank and in hand
210,277
87,271
Creditors: amounts falling due within one year
(225,871)
(146,608)
Net current assets
443,120
501,349
Total assets less current liabilities
601,033
711,655
Creditors: amounts falling due after more than one year
(146,118)
(150,363)
Net assets
454,915
561,292
Called up share capital
2
2
Profit and loss account
454,913
561,290
Shareholders' funds
454,915
561,292
For the year ending 29 February 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 1 August 2024 and were signed on its behalf by
Glen McDonald
Director
Company Registration No. 07145110
Durham Complete Decking Ltd
Notes to the Accounts
for the year ended 29 February 2024
Durham Complete Decking Ltd is a private company, limited by shares, registered in England and Wales, registration number 07145110. The registered office is Bearpark Hall Farm, Durham, Co Durham, DH1 4TJ.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
5 Years Straight Line
Motor vehicles
5 Years Straight Line
Computer equipment
5 Years Straight Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At valuation
At cost
At 1 March 2023
583,262
211,220
1,000
17,198
812,680
Additions
-
29,500
-
-
29,500
Revaluations
-
-
2,518
(2,518)
-
Disposals
-
(86,990)
-
-
(86,990)
At 29 February 2024
583,262
153,730
3,518
14,680
755,190
At 1 March 2023
444,118
143,316
400
14,540
602,374
Charge for the year
57,831
22,758
666
638
81,893
Surplus on revaluation
-
-
498
(498)
-
On disposals
-
(86,990)
-
-
(86,990)
At 29 February 2024
501,949
79,084
1,564
14,680
597,277
At 29 February 2024
81,313
74,646
1,954
-
157,913
At 28 February 2023
139,144
67,904
600
2,658
210,306
Durham Complete Decking Ltd
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due within one year
Trade debtors
157,125
208,578
Accrued income and prepayments
4,050
4,050
Other debtors
93,872
32,131
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
84,916
84,916
Obligations under finance leases and hire purchase contracts
19,467
15,841
Trade creditors
92,453
12,430
Taxes and social security
18,768
28,930
Other creditors
8,967
1,691
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
127,351
141,823
Obligations under finance leases and hire purchase contracts
18,767
8,540
8
Average number of employees
During the year the average number of employees was 20 (2023: 16).