Registered number
11109543
DCH Contracting Ltd
Filleted Accounts
31 March 2025
DCH Contracting Ltd
Registered number: 11109543
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 109,353 83,133
Current assets
Stocks 110,848 128,159
Debtors 4 202,718 204,842
Cash at bank and in hand 135,140 136,014
448,706 469,015
Creditors: amounts falling due within one year 5 (289,737) (306,935)
Net current assets 158,969 162,080
Total assets less current liabilities 268,322 245,213
Creditors: amounts falling due after more than one year 6 (60,817) (66,209)
Provisions for liabilities (25,713) (20,783)
Net assets 181,792 158,221
Capital and reserves
Called up share capital 196 196
Profit and loss account 181,596 158,025
Shareholders' funds 181,792 158,221
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
David Harrington
Director
Approved by the board on 9 May 2025
DCH Contracting Ltd
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% Reducing balance
Motor vehicles 25% Reducing balance
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Leased assets
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 5 5
including directors
3 Tangible fixed assets
Land and buildings Plant and machinery etc Motor vehicles Total
£ £ £ £
Cost
At 1 April 2024 - 13,854 138,045 151,899
Additions 6,500 2,707 40,761 49,968
Disposals - (474) - (474)
At 31 March 2025 6,500 16,087 178,806 201,393
Depreciation
At 1 April 2024 - 7,818 60,948 68,766
Charge for the year - 2,157 21,478 23,635
On disposals - (361) - (361)
At 31 March 2025 - 9,614 82,426 92,040
Net book value
At 31 March 2025 6,500 6,473 96,380 109,353
At 31 March 2024 - 6,036 77,097 83,133
4 Debtors 2025 2024
£ £
Trade debtors 198,022 201,842
Other debtors 4,696 3,000
202,718 204,842
5 Creditors: amounts falling due within one year 2025 2024
£ £
Bank loans and overdrafts 10,000 10,000
Obligations under finance lease and hire purchase contracts 26,422 17,556
Trade creditors 200,437 255,913
Taxation and social security costs 52,878 23,293
Other creditors - 173
289,737 306,935
6 Creditors: amounts falling due after one year 2025 2024
£ £
Bank loans 4,167 14,167
Obligations under finance lease and hire purchase contracts 56,650 52,042
60,817 66,209
7 Other information
DCH Contracting Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Corhampton Lane Farm
Corhampton Lane
Corhampton
Hampshire
SO32 3NB
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