Registered number: 02822897 | ||||||||
FOR THE YEAR ENDED 30 JUNE 2024 | ||||||||
Prepared By: | ||||||||
Hope Jones | ||||||||
Chartered Accountants | ||||||||
Dunlop House | ||||||||
23a Spencer Road | ||||||||
New Milton | ||||||||
Hampshire | ||||||||
BH25 6BZ |
DENE CONSTRUCTION LIMITED | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 30 JUNE 2024 | ||||||||
DIRECTORS | ||||||||
SECRETARY | ||||||||
REGISTERED OFFICE | ||||||||
Hampshire | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 02822897 | ||||||||
BANKERS | ||||||||
HSBC PLC | ||||||||
ACCOUNTANTS | ||||||||
Hope Jones | ||||||||
Chartered Accountants | ||||||||
Dunlop House | ||||||||
23a Spencer Road | ||||||||
New Milton | ||||||||
Hampshire | ||||||||
BH25 6BZ |
DENE CONSTRUCTION LIMITED | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED30 JUNE 2024 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
DENE CONSTRUCTION LIMITED | ||||||||
BALANCE SHEET AT | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 | |||||||||
CURRENT ASSETS | ||||||||||
Stock | ||||||||||
Debtors | 4 | |||||||||
Cash at bank and in hand | ||||||||||
1,417,102 | 1,821,743 | |||||||||
CREDITORS: Amounts falling due within one year | 5 | |||||||||
NET CURRENT ASSETS | 1,519,800 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 6 | 8,500 | 25,500 | |||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 8 | |||||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 9 | |||||||||
Profit and loss account | 1,479,096 | 1,718,212 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
DENE CONSTRUCTION LIMITED | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 30 JUNE 2024 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Depreciation on second hand motor vehicles is applied at 50% on a reducing balance basis. | ||||||||
Land And Buildings | straight line2.5% | |||||||
Plant And Machinery | reducing balance25% | |||||||
Commercial Vehicles | reducing balance25% | |||||||
Equipment | reducing balance25% |
1c. Stocks | ||||||||
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs. | ||||||||
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs. |
1d. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. |
DENE CONSTRUCTION LIMITED | ||||||||
2. TANGIBLE FIXED ASSETS | ||||||||||
Land And | Plant and | Commercial | Total | |||||||
Buildings | Machinery | Vehicles | Equipment | |||||||
£ | £ | £ | £ | £ | ||||||
Cost | ||||||||||
At 1 July 2023 | 290,443 | 291,559 | 120,671 | 16,980 | 719,653 | |||||
At 30 June 2024 | 290,443 | 291,559 | 120,671 | 16,980 | 719,653 | |||||
Depreciation | ||||||||||
At 1 July 2023 | 140,088 | 222,268 | 101,617 | 16,311 | 480,284 | |||||
For the year | 7,708 | 17,324 | 6,826 | 167 | 32,025 | |||||
At 30 June 2024 | 147,796 | 239,592 | 108,443 | 16,478 | 512,309 | |||||
Net Book Amounts | ||||||||||
At 30 June 2024 | 207,344 | |||||||||
At 30 June 2023 | 239,369 | |||||||||
3. STOCK | 2024 | 2023 | ||||
£ | £ | |||||
Stock comprises: | ||||||
Stock | ||||||
4. DEBTORS | 2024 | 2023 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 185,217 | 439,538 | ||||||
Trade debtors (uninvoiced retentions) | 43,869 | 42,491 | ||||||
UK corporation tax | 20,541 | - | ||||||
VAT | 12,616 | 60,228 | ||||||
Prepayments | 7,093 | 4,565 | ||||||
269,336 | 546,822 | |||||||
DENE CONSTRUCTION LIMITED | ||||||||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
UK corporation tax | - | 39,759 | ||||||
Other tax | 4,588 | - | ||||||
PAYE control | 1,709 | 10,933 | ||||||
Salaries and wages control | 4,492 | 14,246 | ||||||
NIC control | 1,862 | 2,207 | ||||||
Hire purchase | 17,000 | 17,000 | ||||||
Trade creditors | 71,962 | 193,574 | ||||||
Accruals | 24,313 | 24,224 | ||||||
125,926 | 301,943 | |||||||
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Hire purchase >1yr | 8,500 | 25,500 | ||||||
8,500 | 25,500 | |||||||
7. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | 6 | |||||
8. PROVISIONS FOR LIABILITIES | 2024 | 2023 | ||||||
£ | £ | |||||||
Deferred taxation | 10,922 | 15,455 | ||||||
10,922 | 15,455 | |||||||
DENE CONSTRUCTION LIMITED | ||||||||
9. SHARE CAPITAL | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
2 | 2 | |||||||
2 | 2 | |||||||