BrightAccountsProduction v1.0.0 v1.0.0 2023-08-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company is the provision of construction services. 20 February 2025 NI059725 2024-07-31 NI059725 2023-07-31 NI059725 2022-07-31 NI059725 2023-08-01 2024-07-31 NI059725 2022-08-01 2023-07-31 NI059725 uk-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 NI059725 uk-curr:PoundSterling 2023-08-01 2024-07-31 NI059725 uk-bus:AbridgedAccounts 2023-08-01 2024-07-31 NI059725 uk-core:ShareCapital 2024-07-31 NI059725 uk-core:ShareCapital 2023-07-31 NI059725 uk-core:RetainedEarningsAccumulatedLosses 2024-07-31 NI059725 uk-core:RetainedEarningsAccumulatedLosses 2023-07-31 NI059725 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-07-31 NI059725 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-07-31 NI059725 uk-bus:FRS102 2023-08-01 2024-07-31 NI059725 uk-core:LandBuildings 2023-08-01 2024-07-31 NI059725 uk-core:PlantMachinery 2023-08-01 2024-07-31 NI059725 uk-core:FurnitureFittingsToolsEquipment 2023-08-01 2024-07-31 NI059725 uk-core:ParentEntities 2023-08-01 2024-07-31 NI059725 uk-countries:NorthernIreland 2023-08-01 2024-07-31 NI059725 uk-bus:Director1 2023-08-01 2024-07-31 NI059725 uk-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 xbrli:pure iso4217:GBP xbrli:shares
Company Registration Number: NI059725
 
 
Decky Contracts Limited
 
Abridged Unaudited Financial Statements
 
for the financial year ended 31 July 2024
Decky Contracts Limited
Company Registration Number: NI059725
ABRIDGED BALANCE SHEET
as at 31 July 2024

2024 2023
Notes £ £
 
Fixed Assets
Tangible assets 4 100,687 197,830
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Current Assets
Debtors 229,794 357,203
Cash and cash equivalents 545,074 433,264
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774,868 790,467
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Creditors: amounts falling due within one year (366,833) (566,938)
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Net Current Assets 408,035 223,529
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Total Assets less Current Liabilities 508,722 421,359
 
Provisions for liabilities (24,929) (23,340)
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Net Assets 483,793 398,019
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Capital and Reserves
Called up share capital 100 100
Retained earnings 483,693 397,919
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Equity attributable to owners of the company 483,793 398,019
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The financial statements have been prepared 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).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
           
The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account and Director's Report.
For the financial year ended 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the financial year in accordance with the requirements of sections 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.
           
Approved by the Director and authorised for issue on 20 February 2025
           
           
           
________________________________          
Declan McCrory          
Director          
           



Decky Contracts Limited
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial year ended 31 July 2024

   
1. General Information
 
Decky Contracts Limited is a company limited by shares incorporated in Northern Ireland. 8 Ulster Cottages, Sion Millls, Co Tyrone, Northern Ireland is the registered office, which is also the principal place of business of the company. The principal activity of the company is the provision of construction services. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the year ended 31 July 2024 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Tangible assets and depreciation
Tangible assets 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 tangible assets, less their estimated residual value, over their expected useful lives as follows:
 
  Land and buildings freehold - Not depreciated
  Plant and machinery - 20% reducing balance
  Fixtures, fittings and equipment - 20% reducing balance
 
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.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Provisions
Provisions are recognised when the company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the same value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as interest expense.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Employee benefits
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.
 
Taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.
 
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including director, during the financial year was 2, (2023 - 2).
 
  2024 2023
  Number Number
 
Administrative 1 1
Director 1 1
  ───────── ─────────
  2 2
  ═════════ ═════════
           
4. Tangible assets
  Land and Plant and Fixtures, Total
  buildings machinery fittings and  
  freehold   equipment  
  £ £ £ £
Cost
At 1 August 2023 73,804 325,942 3,699 403,445
Additions - 1,832 - 1,832
Disposals (73,804) - - (73,804)
  ───────── ───────── ───────── ─────────
At 31 July 2024 - 327,774 3,699 331,473
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Depreciation
At 1 August 2023 - 202,118 3,497 205,615
Charge for the financial year - 25,131 40 25,171
  ───────── ───────── ───────── ─────────
At 31 July 2024 - 227,249 3,537 230,786
  ───────── ───────── ───────── ─────────
Net book value
At 31 July 2024 - 100,525 162 100,687
  ═════════ ═════════ ═════════ ═════════
At 31 July 2023 73,804 123,824 202 197,830
  ═════════ ═════════ ═════════ ═════════
       
5. Capital commitments
 
The company had no material capital commitments at the financial year-ended 31 July 2024.
   
6. Parent company
 
The company regards Decky Holdings Ltd as its parent company.
 
The parent of the largest group in which the results are consolidated is Decky Holdings Limited.
Decky Holdings Limited is registered in Northern Ireland.
 
   
7. Post-Balance Sheet Events
 
There have been no significant events affecting the company since the financial year-end.