IRIS Accounts Production v24.3.2.46 03072139 director 1.7.23 30.6.24 30.6.24 0 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh030721392023-06-30030721392024-06-30030721392023-07-012024-06-30030721392022-06-30030721392022-07-012023-06-30030721392023-06-3003072139ns15:EnglandWales2023-07-012024-06-3003072139ns14:PoundSterling2023-07-012024-06-3003072139ns10:Director12023-07-012024-06-3003072139ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3003072139ns10:SmallEntities2023-07-012024-06-3003072139ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3003072139ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3003072139ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3003072139ns10:FullAccounts2023-07-012024-06-3003072139ns10:OrdinaryShareClass12023-07-012024-06-3003072139ns10:Director22023-07-012024-06-3003072139ns10:CompanySecretary12023-07-012024-06-3003072139ns10:RegisteredOffice2023-07-012024-06-3003072139ns5:CurrentFinancialInstruments2024-06-3003072139ns5:CurrentFinancialInstruments2023-06-3003072139ns5:ShareCapital2024-06-3003072139ns5:ShareCapital2023-06-3003072139ns5:RevaluationReserve2024-06-3003072139ns5:RevaluationReserve2023-06-3003072139ns5:CapitalRedemptionReserve2024-06-3003072139ns5:CapitalRedemptionReserve2023-06-3003072139ns5:RetainedEarningsAccumulatedLosses2024-06-3003072139ns5:RetainedEarningsAccumulatedLosses2023-06-3003072139ns5:IntangibleAssetsOtherThanGoodwill2023-07-012024-06-3003072139ns5:PatentsTrademarksLicencesConcessionsSimilar2023-07-012024-06-3003072139ns5:PlantMachinery2023-07-012024-06-3003072139ns5:ComputerEquipment2023-07-012024-06-3003072139ns5:PlantMachinery2023-06-3003072139ns5:ComputerEquipment2023-06-3003072139ns5:PlantMachinery2024-06-3003072139ns5:ComputerEquipment2024-06-3003072139ns5:PlantMachinery2023-06-3003072139ns5:ComputerEquipment2023-06-3003072139ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3003072139ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-3003072139ns10:OrdinaryShareClass12024-06-3003072139ns5:RetainedEarningsAccumulatedLosses2023-06-3003072139ns5:RevaluationReserve2023-06-3003072139ns5:CapitalRedemptionReserve2023-06-3003072139ns5:RetainedEarningsAccumulatedLosses2023-07-012024-06-30
REGISTERED NUMBER: 03072139 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

D.R. Construction Limited

D.R. Construction Limited (Registered number: 03072139)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


D.R. Construction Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: Mrs D J Tring





SECRETARY: D J Tring





REGISTERED OFFICE: 135 Church Lane
Underwood
Nottingham
NG16 5HE





REGISTERED NUMBER: 03072139 (England and Wales)





ACCOUNTANTS: Smith Cookson
Chartered Accountants
4 Yorke Street
Hucknall
Nottinghamshire
NG15 7BT

D.R. Construction Limited (Registered number: 03072139)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 17,802
Investment property 5 140,000 140,000
140,000 157,802

CURRENT ASSETS
Debtors 6 430 402
Cash at bank and in hand 163,053 221,734
163,483 222,136
CREDITORS
Amounts falling due within one year 7 42,174 78,354
NET CURRENT ASSETS 121,309 143,782
TOTAL ASSETS LESS CURRENT
LIABILITIES

261,309

301,584

PROVISIONS FOR LIABILITIES 4,703 8,086
NET ASSETS 256,606 293,498

CAPITAL AND RESERVES
Called up share capital 8 100 100
Non-Distributable reserves 9 20,051 20,051
Capital redemption reserve 9 200 200
Retained earnings 9 236,255 273,147
SHAREHOLDERS' FUNDS 256,606 293,498

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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. Construction Limited (Registered number: 03072139)

Balance Sheet - continued
30 June 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 March 2025 and were signed by:





D J Tring - Director


D.R. Construction Limited (Registered number: 03072139)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

D.R. Construction 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.

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 as modified by the revaluation of certain assets.

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.

Patents and licences have been fully amortised in the current year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Computer equipment - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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

D.R. Construction Limited (Registered number: 03072139)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

2. ACCOUNTING POLICIES - continued

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 NIL (2023 - 3 ).

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 July 2023 19,871 3,476 23,347
Disposals (19,871 ) (3,476 ) (23,347 )
At 30 June 2024 - - -
DEPRECIATION
At 1 July 2023 3,729 1,816 5,545
Eliminated on disposal (3,729 ) (1,816 ) (5,545 )
At 30 June 2024 - - -
NET BOOK VALUE
At 30 June 2024 - - -
At 30 June 2023 16,142 1,660 17,802

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023
and 30 June 2024 140,000
NET BOOK VALUE
At 30 June 2024 140,000
At 30 June 2023 140,000

Fair value at 30 June 2024 is represented by:
£   
Valuation in 2021 24,754
Cost 115,246
140,000

D.R. Construction Limited (Registered number: 03072139)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

5. INVESTMENT PROPERTY - continued

If investment property had not been revalued it would have been included at the following historical cost:

30.6.24 30.6.23
£    £   
Cost 115,246 115,246

Investment property was valued on an open market basis on 30 June 2024 by the directors. .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
VAT 330 -
Prepayments and accrued income 100 402
430 402

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Other loans 11,784 18,906
Corporation tax 1,484 28,603
Social security and other taxes - 755
VAT - 3,428
Other creditors 15,033 15,033
Directors' current accounts 10,479 9,259
Accruals and deferred income 3,394 2,370
42,174 78,354

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Capital
Retained Non-Distributable redemption
earnings reserves reserve Totals
£    £    £    £   

At 1 July 2023 273,147 20,051 200 293,398
Deficit for the year (8,092 ) (8,092 )
Dividends (28,800 ) (28,800 )
At 30 June 2024 236,255 20,051 200 256,506