DGB CONTRACTS LTD

Company Registration Number:
NI696841 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 May 2024

Period of accounts

Start date: 03 May 2023

End date: 31 May 2024

DGB CONTRACTS LTD

Contents of the Financial Statements

for the Period Ended 31 May 2024

Balance sheet
Notes

DGB CONTRACTS LTD

Balance sheet

As at 31 May 2024


Notes

13 months to 31 May 2024


£
Fixed assets
Tangible assets: 3 111,881
Total fixed assets: 111,881
Current assets
Debtors:   23,370
Cash at bank and in hand: 5,956
Total current assets: 29,326
Creditors: amounts falling due within one year:   (83,226)
Net current assets (liabilities): (53,900)
Total assets less current liabilities: 57,981
Creditors: amounts falling due after more than one year:   (57,179)
Total net assets (liabilities): 802
Capital and reserves
Called up share capital: 110
Profit and loss account: 692
Shareholders funds: 802

The notes form part of these financial statements

DGB CONTRACTS LTD

Balance sheet statements

For the year ending 31 May 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 27 January 2025
and signed on behalf of the board by:

Name: Darren Breen
Status: Director

The notes form part of these financial statements

DGB CONTRACTS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Tangible fixed assets and depreciation policy

Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows: Plant and machinery 20% Straight Line Motor Vehicles 25% Straight Line The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

DGB CONTRACTS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

2. Employees

13 months to 31 May 2024
Average number of employees during the period 4

DGB CONTRACTS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Tangible Assets

Total
Cost £
Additions 222,318
At 31 May 2024 222,318
Depreciation
Charge for year 110,437
At 31 May 2024 110,437
Net book value
At 31 May 2024 111,881