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
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
Drylining Contracts Ltd
Statement of financial position
as at 31 July 2024
Tangible assets
10,799
7,220
Cash at bank and in hand
64,125
60,033
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
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
Drylining Contracts Ltd
Notes to the Accounts
for the year ended 31 July 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
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
At 31 July 2024
7,007
3,792
10,799
At 31 July 2023
7,220
-
7,220
Drylining Contracts Ltd
Notes to the Accounts
for the year ended 31 July 2024
Amounts falling due within one year
Trade debtors
60,806
7,970
Other debtors
16,127
98,912
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
11,210
26,429
7
Deferred taxation
2024
2023
Accelerated capital allowances
2,700
1,371
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%).
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).