Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-302024-09-302025-05-302023-10-01falseNo description of principal activity1919truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 04845080 2023-10-01 2024-09-30 04845080 2022-10-01 2023-09-30 04845080 2024-09-30 04845080 2023-09-30 04845080 c:Director1 2023-10-01 2024-09-30 04845080 c:Director2 2023-10-01 2024-09-30 04845080 d:Buildings 2023-10-01 2024-09-30 04845080 d:Buildings 2024-09-30 04845080 d:Buildings 2023-09-30 04845080 d:Buildings d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 04845080 d:Buildings d:LeasedAssetsHeldAsLessee 2023-10-01 2024-09-30 04845080 d:PlantMachinery 2023-10-01 2024-09-30 04845080 d:PlantMachinery 2024-09-30 04845080 d:PlantMachinery 2023-09-30 04845080 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 04845080 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2023-10-01 2024-09-30 04845080 d:MotorVehicles 2023-10-01 2024-09-30 04845080 d:MotorVehicles 2024-09-30 04845080 d:MotorVehicles 2023-09-30 04845080 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 04845080 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-10-01 2024-09-30 04845080 d:OfficeEquipment 2023-10-01 2024-09-30 04845080 d:OfficeEquipment 2024-09-30 04845080 d:OfficeEquipment 2023-09-30 04845080 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 04845080 d:OfficeEquipment d:LeasedAssetsHeldAsLessee 2023-10-01 2024-09-30 04845080 d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 04845080 d:LeasedAssetsHeldAsLessee 2023-10-01 2024-09-30 04845080 d:Goodwill 2024-09-30 04845080 d:Goodwill 2023-09-30 04845080 d:CurrentFinancialInstruments 2024-09-30 04845080 d:CurrentFinancialInstruments 2023-09-30 04845080 d:Non-currentFinancialInstruments 2024-09-30 04845080 d:Non-currentFinancialInstruments 2023-09-30 04845080 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 04845080 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 04845080 d:Non-currentFinancialInstruments d:AfterOneYear 2024-09-30 04845080 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 04845080 d:ShareCapital 2024-09-30 04845080 d:ShareCapital 2023-09-30 04845080 d:RetainedEarningsAccumulatedLosses 2024-09-30 04845080 d:RetainedEarningsAccumulatedLosses 2023-09-30 04845080 c:FRS102 2023-10-01 2024-09-30 04845080 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 04845080 c:FullAccounts 2023-10-01 2024-09-30 04845080 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 04845080 d:HirePurchaseContracts d:WithinOneYear 2024-09-30 04845080 d:HirePurchaseContracts d:WithinOneYear 2023-09-30 04845080 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-09-30 04845080 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-09-30 04845080 2 2023-10-01 2024-09-30 04845080 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2024-09-30 04845080 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2023-09-30 04845080 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2024-09-30 04845080 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-09-30 04845080 d:LeasedAssetsHeldAsLessee 2024-09-30 04845080 d:LeasedAssetsHeldAsLessee 2023-09-30 04845080 d:Goodwill d:OwnedIntangibleAssets 2023-10-01 2024-09-30 04845080 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure












DENNY'S CONSTRUCTION LIMITED

UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Registered number: 04845080

 
DENNY'S CONSTRUCTION LIMITED
REGISTERED NUMBER:04845080

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
20,333
23,383

Tangible assets
 5 
823,234
807,878

  
843,567
831,261

Current assets
  

Stocks
  
25,000
25,000

Debtors: amounts falling due within one year
 6 
507,255
617,332

  
532,255
642,332

Creditors: amounts falling due within one year
 7 
(582,209)
(678,362)

Net current liabilities
  
 
 
(49,954)
 
 
(36,030)

Total assets less current liabilities
  
793,613
795,231

Creditors: amounts falling due after more than one year
 8 
(158,002)
(75,556)

Provisions for liabilities
  

Deferred tax
  
(141,219)
(136,487)

Net assets
  
£494,392
£583,188


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
494,391
583,187

  
£494,392
£583,188


Page 1

 
DENNY'S CONSTRUCTION LIMITED
REGISTERED NUMBER:04845080

BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 30 May 2025.




E R Denny
Mrs S J Denny
Director
Director


The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
DENNY'S CONSTRUCTION LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

Denny's Construction Limited is a private company, limited by shares, domiciled in England and Wales, registration number 04845080. The company's registered office is Foxhill, Sheringwood, Beeston Regis, Sheringham, Norfolk, NR26 8TS.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:

 
2.2

Turnover

Turnover represents revenue earned under a wide variety of contracts to provide civil engineering and groundworking services. Revenue is recognised as earned when, and to the extent that, the company obtains the right to consideration in exchange for its performance under those contracts. It is measured at the fair value of the right to consideration, which represents amounts chargeable to customers, including recoverable expenses and disbursements, but excluding Value Added Tax. Unbilled revenue is included in debtors, under 'amounts recoverable on contracts'.

 
2.3

Intangible assets

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the identifiable assets and liabilities. It is amortised to the Statement of Comprehensive Income over its estimated economic life of twenty years.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses.

Depreciation is provided at rates calculated to write off the cost of fixed assets less their estimated residual value over their expected useful lives.
Depreciation is not provided on assets under construction and only provided when the asset is brought into use. Freehold land cost is not depreciated as this is considered to have an indefinite life.

Depreciation is provided on the following basis:

Freehold property
-
2%
straight line
Plant & machinery
-
10%
reducing balance
Motor vehicles
-
25%
reducing balance
Office equipment
-
15%
reducing balance

A full years depreciation charge is provided in the year of acquisition and none in the year of disposal.
Gains and losses on disposals are determined by comparing proceeds with the carrying amount and are recognised in the Statement of Comprehensive Income.

Page 3

 
DENNY'S CONSTRUCTION LIMITED
 

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.5

Stocks

Stocks of building materials have been valued by the company directors, at the lower of cost and net realisable value.

 
2.6

Debtors

Debtors are measured at transaction price, less any impairment for bad or doubtful debts.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

  
2.8

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties.

 
2.9

Creditors

Creditors are measured at transaction price.

 
2.10

Finance costs

Finance costs are charged to the Statement of Comprehensive Income over the term of the debt using the effective interest method in order that the amount charged is at a constant rate to the outstanding value of the loan or financed amount.

 
2.11

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

 
2.12

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 4

 
DENNY'S CONSTRUCTION LIMITED
 

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.13

Interest income

Interest income is recognised in the Statement of Comprehensive Income in the year in which it is received.

 
2.14

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

  
2.15

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to the Statement of Comprehensive Income in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the Balance Sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Balance Sheet.

 
2.16

Current and deferred taxation

The taxation expense for the year comprises current and deferred tax. Taxation is only recognised in the Statement of Comprehensive Income.
The current corporation tax charge is calculated on the basis of taxation rates and laws that have been enacted or substantively enacted by the balance sheet date in the United Kingdom.
The charge for taxation takes into account taxation deferred or accelerated as a result of all material timing differences between the treatment of certain items for taxation and accounting purposes. Deferred tax assets are recognised only to the extent that they are regarded as recoverable within the foreseeable future. Deferred tax assets and liabilities are not discounted.


3.


Employees

The average monthly number of employees, including directors, during the year was 19 (2023 - 19).

Page 5

 
DENNY'S CONSTRUCTION LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4.


Intangible assets




Goodwill

£



Cost


At 1 October 2023
61,000



At 30 September 2024

61,000



Amortisation


At 1 October 2023
37,617


Charge for the year on owned assets
3,050



At 30 September 2024

40,667



Net book value



At 30 September 2024
£20,333



At 30 September 2023
£23,383



Page 6

 
DENNY'S CONSTRUCTION LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5.


Tangible fixed assets





Freehold land and building
Plant & machinery
Motor  vehicles
Office equipment
Total

£
£
£
£
£



Cost or valuation


At 1 October 2023
276,015
595,578
433,102
22,230
1,326,925


Additions
-
67,647
128,978
2,167
198,792


Disposals
-
(71,730)
(103,726)
-
(175,456)



At 30 September 2024

276,015
591,495
458,354
24,397
1,350,261



Depreciation


At 1 October 2023
14,119
238,198
255,604
11,126
519,047


Charge for the year on owned assets
3,537
27,479
20,571
1,993
53,580


Charge for the year on financed assets
-
11,383
47,398
-
58,781


Disposals
-
(35,254)
(69,127)
-
(104,381)



At 30 September 2024

17,656
241,806
254,446
13,119
527,027



Net book value



At 30 September 2024
£258,359
£349,689
£203,908
£11,278
£823,234



At 30 September 2023
£261,896
£357,380
£177,498
£11,104
£807,878

Included in freehold land and buildings is freehold land at a cost of £99,130 (2023 - £99,130) which is not depreciated.

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


2024
2023
£
£



Plant and machinery
102,437
140,822

Motor vehicles
142,193
86,948

£244,630
£227,770

Page 7

 
DENNY'S CONSTRUCTION LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

6.


Debtors

2024
2023
£
£


Trade debtors
306,872
453,281

Other debtors
200,383
164,051

£507,255
£617,332


Included within other debtors due within one year is a loan to E R & Mrs S J Denny, the directors, amounting to £200,383 (2023 - £164,051). The maximum amount outstanding during the year was £309,768. Interest charged to the directors at the prevailing official rate during the period of the loan amounted to £4,697.


7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
99,222
95,770

Bank loans
25,000
30,000

Trade creditors
238,551
186,218

Corporation tax
76,291
130,818

Other taxation and social security
47,531
139,541

Obligations under finance lease and hire purchase contracts
82,114
87,937

Other creditors
-
1,266

Accruals and deferred income
13,500
6,812

£582,209
£678,362


Of the creditors falling due within one year, the obligations under finance leases and hire purchase contracts totalling £82,114 (2023 - £87,937) are secured on the assets concerned.


8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
41,667
21,667

Net obligations under finance leases and hire purchase contracts
116,335
53,889

£158,002
£75,556


Of the creditors falling due after more than one year, the obligations under finance leases and hire purchase contracts totalling £116,335 (2023 - £53,889) are secured on the assets concerned.

Page 8

 
DENNY'S CONSTRUCTION LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

9.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2024
2023
£
£


Within one year
82,114
87,937

Between 1-5 years
116,335
53,889

£198,449
£141,826


10.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £13,037 (2023 - £13,092). Contributions totalling £nil (2023 - £1,266) were payable to the fund at the balance sheet date and are included in other creditors.


Page 9