Registered Number:NI616798 |
For the period ended 27 February 2024
Northern Ireland
Unaudited Financial Statements
For the period ended 27 February 2024
Dunwoody Bros Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Dunwoody Bros Limited
Statement of Financial Position
2023
2024
Property, plant and equipment |
48,467
60,100
2
48,467
60,100
13,221
7,962
3
Trade and other receivables |
38,774
11,977
4
900
Cash and cash equivalents |
19,745
39,684
52,895
Trade and other payables: amounts falling due within one |
year |
(46,690)
(48,426)
5
6,205
(8,742)
Net current liabilities
Total assets less current liabilities |
39,725
66,305
Trade and other payables: amounts falling due after more |
than one year |
(23,397)
(13,477)
6
(7,753)
(8,045)
Provisions for liabilities |
18,495
Net assets
34,863
100
100
18,395
34,763
18,495
34,863
Shareholders' funds
For the period ended 27 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 of its financial statements for the period ended 27 February 2024 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Mr Glenn Dunwoody Director |
Mr Andrew Dunwoody Director |
These financial statements were approved and authorised for issue by the Board on 30 December 2024 and were signed by: |
1 of 5
For the period ended 27 February 2024
Dunwoody Bros Limited
Statement of Financial Position Continued
The notes form part of these financial statements |
2 of 5
For the period ended 27 February 2024
Dunwoody Bros Limited
Notes to the Financial Statements
Statutory Information
Dunwoody Bros Limited is a private limited company, limited by shares, domiciled in Northern Ireland, registration |
number NI616798. |
2 Derrynaught Road
Hamiltonsbawn
Armagh
BT60 1LZ
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Computer Equipment
Motor Vehicles
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable. |
3 of 5
For the period ended 27 February 2024
Dunwoody Bros Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
Motor Vehicles
140,925
15,949
12,550
112,426
1,021
1,021
-
-
112,426
12,550
16,970
141,946
Provision for depreciation and impairment |
80,825
8,374
10,867
61,584
Charge for period
12,654
2,149
337
10,168
93,479
10,523
11,204
71,752
40,674
1,346
6,447
48,467
50,842
1,683
7,575
60,100
2023
2024
7,962
13,221
4. Trade and other receivables |
2023
2024
11,977
36,020
-
2,754
38,774
11,977
5. Trade and other payables: amounts falling due within one year |
2023
2024
Bank loans and overdraft (secured) |
10,661
10,661
804
1,245
Taxation and social security |
12,989
9,739
23,972
25,045
48,426
46,690
4 of 5
For the period ended 27 February 2024
Dunwoody Bros Limited
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year |
2023
2024
Bank loans and overdraft (secured) |
13,477
23,397
7. Average number of persons employed |
During the year the average number of employees was 6 (2023 : 7)
5 of 5