Company registration number 05685106 (England and Wales)
DH BUILDING LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 FEBRUARY 2025
PAGES FOR FILING WITH REGISTRAR
DH BUILDING LTD
CONTENTS
Page
Notes to the financial statements
1 - 2
Chartered Accountants' Report
3 - 6
DH BUILDING LTD
BALANCE SHEET
AS AT
28 FEBRUARY 2025
28 February 2025
- 1 -
28 February 2025
31 March 2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
20,008
Current assets
Stocks
-
8,996
Debtors
5
5,561
8,502
Cash at bank and in hand
8,746
5,561
26,244
Creditors: amounts falling due within one year
6
(8,665)
(24,391)
Net current (liabilities)/assets
(3,104)
1,853
Total assets less current liabilities
(3,104)
21,861
Creditors: amounts falling due after more than one year
7
(5,000)
(8,667)
Provisions for liabilities
(3,802)
Net (liabilities)/assets
(8,104)
9,392
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
(8,204)
9,292
Total equity
(8,104)
9,392
DH BUILDING LTD
BALANCE SHEET (CONTINUED)
AS AT
28 FEBRUARY 2025
28 February 2025
- 2 -
For the financial Period ended 28 February 2025 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 of its financial statements for the Period in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 21 March 2025 and are signed on its behalf by:
Mr DI W Hay
Director
Company registration number 05685106 (England and Wales)
DH BUILDING LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 FEBRUARY 2025
- 3 -
1
Accounting policies
Company information
DH Building Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 1 Billing Road, Northampton, United Kingdom, NN1 5AL.
The presentation currency of the financial statements is the Pound Sterling (£).
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Reporting period
The reporting period has been shortened from 31 March 2025 to 28 February 2025 as cessation accounts have been prepared. The comparative amounts presented in the financial statements (including the related notes) are therefore, not entirely comparable.
1.3
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
1.4
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of ten years.
1.5
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.
1.6
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Plant and machinery
10% on reducing balance
Fixtures and fittings
10% on reducing balance
Computer equipment
33% on cost
Motor vehicles
20% on reducing balance
1.7
Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.
DH BUILDING LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 28 FEBRUARY 2025
1
Accounting policies
(Continued)
- 4 -
1.8
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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 is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
1.9
Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.
2
Employees
The average monthly number of persons (including directors) employed by the company during the Period was:
2025
2024
Number
Number
Total
2
2
3
Intangible fixed assets
Goodwill
£
Cost
At 1 April 2024 and 28 February 2025
30,000
Amortisation and impairment
At 1 April 2024 and 28 February 2025
30,000
Carrying amount
At 28 February 2025
At 31 March 2024
DH BUILDING LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 28 FEBRUARY 2025
- 5 -
4
Tangible fixed assets
Plant and machinery
Fixtures and fittings
Computer equipment
Motor vehicles
Total
£
£
£
£
£
Cost
At 1 April 2024
1,907
33
2,987
29,966
34,893
Disposals
(1,907)
(33)
(2,987)
(29,966)
(34,893)
At 28 February 2025
Depreciation and impairment
At 1 April 2024
1,400
28
2,987
10,470
14,885
Depreciation charged in the Period
46
1
3,574
3,621
Eliminated in respect of disposals
(1,446)
(29)
(2,987)
(14,044)
(18,506)
At 28 February 2025
Carrying amount
At 28 February 2025
At 31 March 2024
507
5
19,496
20,008
The net carrying value of tangible fixed assets includes the following in respect of assets held under finance leases or hire purchase contracts.
2025
2024
£
£
Motor vehicles
-
-
-
-
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Corporation tax recoverable
309
8,456
Other debtors
5,252
46
5,561
8,502
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
6,515
4,000
Corporation tax
5,403
Other taxation and social security
12,792
Other creditors
2,150
2,196
8,665
24,391
DH BUILDING LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 28 FEBRUARY 2025
- 6 -
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
5,000
8,667