Company Registration No. 13606313 (England and Wales)
Dane Tyas Construction Limited
Unaudited accounts
for the year ended 30 September 2024
Dane Tyas Construction Limited
Unaudited accounts
Contents
Dane Tyas Construction Limited
Company Information
for the year ended 30 September 2024
Company Number
13606313 (England and Wales)
Registered Office
25 Front Street
Lockington
Yorkshire
YO25 9SH
England
Accountants
Kendall Accountancy Services Limited
2 Exeter Street
New Village Road
Cottingham
East Yorkshire
HU16 4LU
Dane Tyas Construction Limited
Statement of financial position
as at 30 September 2024
Tangible assets
9,710
10,838
Cash at bank and in hand
34,967
62,606
Creditors: amounts falling due within one year
(76,767)
(70,272)
Net current assets
15,088
2,540
Total assets less current liabilities
24,798
13,378
Creditors: amounts falling due after more than one year
-
(6,978)
Provisions for liabilities
Deferred tax
(1,845)
(2,059)
Called up share capital
100
100
Profit and loss account
22,853
4,241
Shareholders' funds
22,953
4,341
For the year ending 30 September 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 18 November 2024 and were signed on its behalf by
D Tyas
Director
Company Registration No. 13606313
Dane Tyas Construction Limited
Notes to the Accounts
for the year ended 30 September 2024
Dane Tyas Construction Limited is a private company, limited by shares, registered in England and Wales, registration number 13606313. The registered office is 25 Front Street , Lockington , Yorkshire, YO25 9SH , England.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
20% on Cost
Motor vehicles
25% on reducing balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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 assets and liabilities are not discounted.
Expenditure on research and development is written off in the year in which it is incurred.
Dane Tyas Construction Limited
Notes to the Accounts
for the year ended 30 September 2024
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 October 2023
9,937
4,800
14,737
At 30 September 2024
11,630
4,800
16,430
At 1 October 2023
2,339
1,560
3,899
Charge for the year
2,098
723
2,821
At 30 September 2024
4,437
2,283
6,720
At 30 September 2024
7,193
2,517
9,710
At 30 September 2023
7,598
3,240
10,838
Amounts falling due within one year
Trade debtors
49,873
1,180
Accrued income and prepayments
1,015
1,026
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
6,978
4,000
Trade creditors
31,350
29,304
Taxes and social security
16,273
7,802
Other creditors
2,096
6,871
Loans from directors
79
14,686
7
Creditors: amounts falling due after more than one year
2024
2023
Dane Tyas Construction Limited
Notes to the Accounts
for the year ended 30 September 2024
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).