1 August 2023 false No description of principal activity Taxfiler 2024.6 10278592business:PrivateLimitedCompanyLtd2023-08-012024-07-31 102785922023-07-31 102785922023-08-012024-07-31 10278592business:AuditExempt-NoAccountantsReport2023-08-012024-07-31 10278592business:FilletedAccounts2023-08-012024-07-31 102785922024-07-31 10278592business:Director12023-08-012024-07-31 10278592business:RegisteredOffice2023-08-012024-07-31 102785922023-07-31 10278592core:WithinOneYear2024-07-31 10278592core:WithinOneYear2023-07-31 10278592core:ShareCapitalcore:PreviouslyStatedAmount2024-07-31 10278592core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 10278592core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-07-31 10278592core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 10278592core:PreviouslyStatedAmount2024-07-31 10278592core:PreviouslyStatedAmount2023-07-31 10278592business:SmallEntities2023-08-012024-07-31 10278592countries:EnglandWales2023-08-012024-07-31 10278592core:PlantMachinery2023-08-012024-07-31 10278592core:ComputerEquipment2023-08-012024-07-31 10278592core:PlantMachinery2023-07-31 10278592core:ComputerEquipment2023-07-31 10278592core:PlantMachinery2024-07-31 10278592core:ComputerEquipment2024-07-31 10278592core:AfterOneYear2024-07-31 10278592core:AfterOneYear2023-07-31 10278592core:AcceleratedTaxDepreciationDeferredTax2024-07-31 10278592core:AcceleratedTaxDepreciationDeferredTax2023-07-31 102785922022-07-31 102785922022-08-012023-07-31 iso4217:GBP xbrli:pure
Company Registration No. 10278592 (England and Wales)
Drylining Contracts Ltd Unaudited accounts for the year ended 31 July 2024
Drylining Contracts Ltd Unaudited accounts Contents
Page
- 2 -
Drylining Contracts Ltd Company Information for the year ended 31 July 2024
Director
Razvan Paraschivoiu
Company Number
10278592 (England and Wales)
Registered Office
11 FLEMING ROAD CHAFFORD HUNDRED GRAYS RM16 6YA ENGLAND
Accountants
Mayflower Accountancy & Tax Limited Unit A, Angel Business Centre 1 Luton Road Toddington Bedfordshire LU5 6DE
- 3 -
Drylining Contracts Ltd Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
10,799 
7,220 
Current assets
Debtors
166,849 
108,753 
Cash at bank and in hand
64,125 
60,033 
230,974 
168,786 
Creditors: amounts falling due within one year
(83,959)
(37,459)
Net current assets
147,015 
131,327 
Total assets less current liabilities
157,814 
138,547 
Provisions for liabilities
Deferred tax
(2,700)
(1,371)
Net assets
155,114 
137,176 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
155,014 
137,076 
Shareholders' funds
155,114 
137,176 
For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 May 2025 and were signed on its behalf by
Razvan Paraschivoiu Director Company Registration No. 10278592
- 4 -
Drylining Contracts Ltd Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Drylining Contracts Ltd is a private company, limited by shares, registered in England and Wales, registration number 10278592. The registered office is 11 FLEMING ROAD, CHAFFORD HUNDRED, GRAYS, RM16 6YA, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Straight line over 5 years
Computer equipment
Straight line over 3 years
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2023
18,143 
- 
18,143 
Additions
3,989 
4,324 
8,313 
At 31 July 2024
22,132 
4,324 
26,456 
Depreciation
At 1 August 2023
10,923 
- 
10,923 
Charge for the year
4,202 
532 
4,734 
At 31 July 2024
15,125 
532 
15,657 
Net book value
At 31 July 2024
7,007 
3,792 
10,799 
At 31 July 2023
7,220 
- 
7,220 
- 5 -
Drylining Contracts Ltd Notes to the Accounts for the year ended 31 July 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
(237)
1,871 
Trade debtors
60,806 
7,970 
Other debtors
16,127 
98,912 
76,696 
108,753 
Amounts falling due after more than one year
Other debtors
90,153 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
11,210 
26,429 
Other creditors
(1,799)
- 
Accruals
59,548 
11,030 
Deferred income
15,000 
- 
83,959 
37,459 
7
Deferred taxation
2024 
2023 
£ 
£ 
Accelerated capital allowances
2,700 
1,371 
2024 
2023 
£ 
£ 
Provision at start of year
1,371 
- 
Charged to the profit and loss account
1,329 
1,371 
Provision at end of year
2,700 
1,371 
The opening liability has been re-based to the higher rate of tax (25%).
8
Loans to directors
During the year, the company made interest-free advances to a director amounting to £31,967 (2023: £16,386). These were repayable on demand. The company received repayments of £24,600 (2023: £25,600).
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
- 6 -