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REGISTERED NUMBER: 06307994 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

FOR

D R A FABB CONTRACTORS LIMITED

D R A FABB CONTRACTORS LIMITED (REGISTERED NUMBER: 06307994)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


D R A FABB CONTRACTORS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: D R A Fabb
Ms H R Parr





SECRETARY: R Fabb





REGISTERED OFFICE: 27-29 Old Market
Wisbech
Cambridgeshire
PE13 1NE





REGISTERED NUMBER: 06307994 (England and Wales)





ACCOUNTANTS: Wheelers
Chartered Accountants & Tax Consultants
27-29 Old Market
Wisbech
Cambridgeshire
PE13 1NE

D R A FABB CONTRACTORS LIMITED (REGISTERED NUMBER: 06307994)

BALANCE SHEET
31 JULY 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 459,510 704,041
459,510 704,041

CURRENT ASSETS
Stocks 440,023 390,526
Debtors 6 343,654 235,770
Cash at bank and in hand 45,904 161,503
829,581 787,799
CREDITORS
Amounts falling due within one year 7 581,960 649,608
NET CURRENT ASSETS 247,621 138,191
TOTAL ASSETS LESS CURRENT
LIABILITIES

707,131

842,232

PROVISIONS FOR LIABILITIES 80,200 95,900
NET ASSETS 626,931 746,332

CAPITAL AND RESERVES
Called up share capital 105 105
Retained earnings 626,826 746,227
626,931 746,332

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each 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.

D R A FABB CONTRACTORS LIMITED (REGISTERED NUMBER: 06307994)

BALANCE SHEET - continued
31 JULY 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 March 2025 and were signed on its behalf by:





D R A Fabb - Director


D R A FABB CONTRACTORS LIMITED (REGISTERED NUMBER: 06307994)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

D R A Fabb Contractors Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The directors believe that the company is well placed to manage its financial risks successfully and have reasonable expectation that it has adequate resources to continue in operational existence for the foreseeable future. Consequently, it continues to adopt the going concern basis of accounting in preparing the annual financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Entitlements are being amortised evenly over their estimated useful life of three years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 4% on cost
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 20% reducing balance
Computer equipment - 33% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


D R A FABB CONTRACTORS LIMITED (REGISTERED NUMBER: 06307994)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Entitlements
£   
COST
At 1 August 2023
and 31 July 2024 874
AMORTISATION
At 1 August 2023
and 31 July 2024 874
NET BOOK VALUE
At 31 July 2024 -
At 31 July 2023 -

D R A FABB CONTRACTORS LIMITED (REGISTERED NUMBER: 06307994)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

5. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 1 August 2023 165,800 72,926 1,212,125
Additions - - 16,301
Disposals - - (45,425 )
Transfer (165,800 ) - -
At 31 July 2024 - 72,926 1,183,001
DEPRECIATION
At 1 August 2023 - 9,039 761,145
Charge for year - 2,917 69,136
Eliminated on disposal - - (24,931 )
At 31 July 2024 - 11,956 805,350
NET BOOK VALUE
At 31 July 2024 - 60,970 377,651
At 31 July 2023 165,800 63,887 450,980

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 August 2023 2,886 77,480 16,853 1,548,070
Additions 359 - 2,787 19,447
Disposals - - - (45,425 )
Transfer - - - (165,800 )
At 31 July 2024 3,245 77,480 19,640 1,356,292
DEPRECIATION
At 1 August 2023 866 61,718 11,261 844,029
Charge for year 343 3,152 2,136 77,684
Eliminated on disposal - - - (24,931 )
At 31 July 2024 1,209 64,870 13,397 896,782
NET BOOK VALUE
At 31 July 2024 2,036 12,610 6,243 459,510
At 31 July 2023 2,020 15,762 5,592 704,041

D R A FABB CONTRACTORS LIMITED (REGISTERED NUMBER: 06307994)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 48,418 42,576
Amounts owed by group undertakings 214,559 87,734
Other debtors 80,677 105,460
343,654 235,770

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade creditors 58,711 234,097
Amounts owed to group undertakings 428,050 391,303
Taxation and social security 74,760 14,697
Other creditors 20,439 9,511
581,960 649,608

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2024 and 31 July 2023:

31.7.24 31.7.23
£    £   
D R A Fabb
Balance outstanding at start of year - -
Amounts advanced 39,868 -
Amounts repaid (39,868 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

9. PARENT COMPANY

The principal place of business of D R A Fabb (Holdings) Ltd is at Wilsons Orchard, Fenside Road, Warboys, Huntingdon, Cambridgeshire, PE28 2TY and its registered office is at 27 - 29 Old Market, Wisbech, Cambridgeshire, PE13 1NE.