2023-03-01 NI616798 2024-02-27 NI616798 2023-03-01 2024-02-27 NI616798 2023-02-28 NI616798 2022-03-01 2023-02-28 NI616798 uk-core:WithinOneYear 2023-02-28 NI616798 uk-core:WithinOneYear 2024-02-27 NI616798 uk-core:AfterOneYear 2023-02-28 NI616798 uk-core:AfterOneYear 2024-02-27 NI616798 uk-core:ShareCapital 2024-02-27 NI616798 uk-core:ShareCapital 2023-02-28 NI616798 uk-core:RetainedEarningsAccumulatedLosses 2024-02-27 NI616798 uk-core:RetainedEarningsAccumulatedLosses 2023-02-28 NI616798 uk-bus:Director1 2023-03-01 2024-02-27 NI616798 uk-bus:Director2 2023-03-01 2024-02-27 NI616798 uk-core:PlantMachinery 2023-03-01 2024-02-27 NI616798 uk-core:OfficeEquipment 2023-03-01 2024-02-27 NI616798 uk-core:MotorVehicles 2023-03-01 2024-02-27 NI616798 uk-core:OfficeEquipment 2023-02-28 NI616798 uk-core:MotorVehicles 2023-02-28 NI616798 uk-core:PlantMachinery 2023-02-28 NI616798 uk-core:PlantMachinery 2024-02-27 NI616798 uk-core:MotorVehicles 2024-02-27 NI616798 uk-core:OfficeEquipment 2024-02-27 NI616798 uk-core:WithinOneYear uk-core:Secured 2024-02-27 NI616798 uk-core:WithinOneYear uk-core:Secured 2023-02-28 iso4217:GBP xbrli:pure NI616798 uk-bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-27 NI616798 uk-bus:FRS102 2023-03-01 2024-02-27 NI616798 uk-bus:FilletedAccounts 2023-03-01 2024-02-27 NI616798 uk-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-27
Dunwoody Bros Limited
Registered Number:NI616798
For the period ended 27 February 2024
Northern Ireland
Unaudited Financial Statements
2
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
3
Registered Number :
NI616798
As at 27 February 2024
Dunwoody Bros Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
48,467
60,100
2
48,467
60,100
Current assets
Inventories
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
Capital and reserves
Called up share capital
100
100
Retained earnings
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:
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4
Registered Number :
NI616798
For the period ended 27 February 2024
Dunwoody Bros Limited
Statement of Financial Position Continued
The notes form part of these financial statements
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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.
Registered address:
2 Derrynaught Road
Hamiltonsbawn
Armagh
BT60 1LZ
The presentation currency is £ sterling.
1. Accounting policies
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
20% Reducing balance
25% Reducing balance
Computer Equipment
20% Reducing balance
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.
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6
For the period ended 27 February 2024
Dunwoody Bros Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
Equipment
Motor Vehicles
Plant and
Machinery
£
£
£
£
Cost or
valuation
At 01 March 2023
140,925
15,949
12,550
112,426
1,021
1,021
-
-
Additions
At 27 February 2024
112,426
12,550
16,970
141,946
Provision for depreciation and impairment
At 01 March 2023
80,825
8,374
10,867
61,584
Charge for period
12,654
2,149
337
10,168
At 27 February 2024
93,479
10,523
11,204
71,752
At 27 February 2024
Net book value
40,674
1,346
6,447
48,467
At 28 February 2023
50,842
1,683
7,575
60,100
3. Inventories
2023
2024
£
£
Stocks
7,962
13,221
4. Trade and other receivables
2023
2024
£
£
Trade debtors
11,977
36,020
Other debtors
-
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
Trade creditors
804
1,245
Taxation and social security
12,989
9,739
Other creditors
23,972
25,045
48,426
46,690
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7
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)
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