Company Registration No. 06594781 (England and Wales)
D & N INSTALLATIONS AND DESIGN LTD
Unaudited accounts
for the year ended 31 May 2024
D & N INSTALLATIONS AND DESIGN LTD
Unaudited accounts
Contents
D & N INSTALLATIONS AND DESIGN LTD
Company Information
for the year ended 31 May 2024
Directors
Mr D Mennie
Mrs S H Mennie
Company Number
06594781 (England and Wales)
Registered Office
12 BLENHEIM WAY
PORTISHEAD
BRISTOL
NORTH SOMERSET
BS20 6YY
Accountants
P B S Accounting Services Ltd
Adcroft House
15 Roath Road
Portishead
North Somerset
BS20 6AW
D & N INSTALLATIONS AND DESIGN LTD
Statement of financial position
as at 31 May 2024
Tangible assets
44,651
22,347
Cash at bank and in hand
233,966
163,452
Creditors: amounts falling due within one year
(120,037)
(44,953)
Net current assets
200,480
198,590
Total assets less current liabilities
245,131
220,937
Provisions for liabilities
Deferred tax
(8,483)
(3,218)
Net assets
236,648
217,719
Called up share capital
1,000
1,000
Profit and loss account
235,648
216,719
Shareholders' funds
236,648
217,719
For the year ending 31 May 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 directors acknowledge their 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 of Directors and authorised for issue on 4 January 2025 and were signed on its behalf by
Mr D Mennie
Director
Company Registration No. 06594781
D & N INSTALLATIONS AND DESIGN LTD
Notes to the Accounts
for the year ended 31 May 2024
D & N INSTALLATIONS AND DESIGN LTD is a private company, limited by shares, registered in England and Wales, registration number 06594781. The registered office is 12 BLENHEIM WAY, PORTISHEAD, BRISTOL, NORTH SOMERSET, BS20 6YY.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% pa - reducing balance
Motor vehicles
25% pa - reducing balance
Fixtures & fittings
25% pa - reducing balance
Computer equipment
25% pa - reducing balance
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.
Deferred tax assets and liabilities are not discounted.
Contributions in respect of the company's defined contribution pension scheme are charged to the profit and loss account for the year in which they are payable to the scheme. Differences between contributions payable and contributions actually paid in the year are shown as either accruals or prepayments at the year end.
D & N INSTALLATIONS AND DESIGN LTD
Notes to the Accounts
for the year ended 31 May 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 June 2023
80,369
12,968
2,013
5,670
101,020
Additions
36,965
-
-
-
36,965
At 31 May 2024
117,334
12,968
2,013
5,670
137,985
At 1 June 2023
63,054
8,866
1,482
5,271
78,673
Charge for the year
13,239
1,026
133
263
14,661
At 31 May 2024
76,293
9,892
1,615
5,534
93,334
At 31 May 2024
41,041
3,076
398
136
44,651
At 31 May 2023
17,315
4,102
531
399
22,347
Amounts falling due within one year
Trade debtors
18,554
75,649
Accrued income and prepayments
66,497
2,942
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
91,843
6,792
Taxes and social security
26,004
36,071
Loans from directors
-
1,190
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).