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REGISTERED NUMBER: 05251353 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

D&R Drywall & Rendering Ltd

D&R Drywall & Rendering Ltd (Registered number: 05251353)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


D&R Drywall & Rendering Ltd

Company Information
for the Year Ended 31 October 2024







DIRECTOR: D Robertson





REGISTERED OFFICE: Unit 29 Penraevons Light Industrial Est
Jackson Road
Leeds
West Yorkshire
LS7 2AP





REGISTERED NUMBER: 05251353 (England and Wales)





ACCOUNTANTS: Malcolm Jones & Co LLP
Accountants and Business Advisors
West Hill House
Allerton Hill
Chapel Allerton
Leeds
West Yorkshire
LS7 3QB

D&R Drywall & Rendering Ltd (Registered number: 05251353)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 61,885 2,619
Investments 5 38,500 38,500
100,385 41,119

CURRENT ASSETS
Debtors 6 202,230 347,049
Cash at bank 312,414 265,154
514,644 612,203
CREDITORS
Amounts falling due within one year 7 66,714 170,588
NET CURRENT ASSETS 447,930 441,615
TOTAL ASSETS LESS CURRENT
LIABILITIES

548,315

482,734

PROVISIONS FOR LIABILITIES 15,471 655
NET ASSETS 532,844 482,079

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 532,842 482,077
SHAREHOLDERS' FUNDS 532,844 482,079

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

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

The director acknowledges his 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 Drywall & Rendering Ltd (Registered number: 05251353)

Balance Sheet - continued
31 October 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 director and authorised for issue on 15 April 2025 and were signed by:





D Robertson - Director


D&R Drywall & Rendering Ltd (Registered number: 05251353)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

D&R Drywall & Rendering Ltd 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.

Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax.

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 - 15% on cost
Fixtures and fittings - 15% on cost
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

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.

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.

D&R Drywall & Rendering Ltd (Registered number: 05251353)

Notes to the Financial Statements - continued
for the Year Ended 31 October 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 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 November 2023 41,399 4,960 34,105 5,437 85,901
Additions - - 69,000 - 69,000
At 31 October 2024 41,399 4,960 103,105 5,437 154,901
DEPRECIATION
At 1 November 2023 39,913 4,318 34,105 4,946 83,282
Charge for year 637 385 8,625 87 9,734
At 31 October 2024 40,550 4,703 42,730 5,033 93,016
NET BOOK VALUE
At 31 October 2024 849 257 60,375 404 61,885
At 31 October 2023 1,486 642 - 491 2,619

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
31.10.24 31.10.23
£    £   
Fixed asset investments 38,500 38,500

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 138,763 253,237
Other debtors 63,467 93,812
202,230 347,049

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade creditors 17,014 38,307
Taxation and social security 12,171 62,014
Other creditors 37,529 70,267
66,714 170,588

D&R Drywall & Rendering Ltd (Registered number: 05251353)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

31.10.24 31.10.23
£    £   
D Robertson
Balance outstanding at start of year 50,694 -
Amounts advanced 56,131 50,694
Amounts repaid (98,330 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 8,495 50,694