0 false false false false false false false false false false true false false false false false false No description of principal activity 2023-12-01 Sage Accounts Production Advanced 2024 - FRS102_2024 160,762 154,000 1,690 155,690 5,072 6,762 xbrli:pure xbrli:shares iso4217:GBP 03444136 2023-12-01 2024-11-30 03444136 2024-11-30 03444136 2023-11-30 03444136 2022-12-01 2023-11-30 03444136 2023-11-30 03444136 2022-11-30 03444136 bus:OrdinaryShareClass1 2023-12-01 2024-11-30 03444136 bus:Director3 2023-12-01 2024-11-30 03444136 core:WithinOneYear 2024-11-30 03444136 core:WithinOneYear 2023-11-30 03444136 core:ShareCapital 2024-11-30 03444136 core:ShareCapital 2023-11-30 03444136 core:RetainedEarningsAccumulatedLosses 2024-11-30 03444136 core:RetainedEarningsAccumulatedLosses 2023-11-30 03444136 core:AfterOneYear 2024-11-30 03444136 core:AfterOneYear 2023-11-30 03444136 bus:Director1 2023-12-01 2024-11-30 03444136 bus:SmallEntities 2023-12-01 2024-11-30 03444136 bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 03444136 bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 03444136 bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 03444136 bus:FullAccounts 2023-12-01 2024-11-30 03444136 bus:OrdinaryShareClass1 2024-11-30 03444136 bus:OrdinaryShareClass1 2023-11-30 03444136 core:PlantMachinery 2023-12-01 2024-11-30 03444136 core:PlantMachinery 2024-11-30 03444136 core:PlantMachinery 2023-11-30
COMPANY REGISTRATION NUMBER: 03444136
Davis Quarry Products Ltd.
Filleted Unaudited Financial Statements
30 November 2024
Davis Quarry Products Ltd.
Financial Statements
Year ended 30 November 2024
Contents
Page
Statement of financial position
1
Notes to the financial statements
3
Davis Quarry Products Ltd.
Statement of Financial Position
30 November 2024
2024
2023
Note
£
£
£
£
Fixed assets
Tangible assets
4
5,072
6,762
Current assets
Debtors
5
28,430
21,782
Cash at bank and in hand
104,896
99,703
---------
---------
133,326
121,485
Creditors: amounts falling due within one year
6
25,917
39,057
---------
---------
Net current assets
107,409
82,428
---------
--------
Total assets less current liabilities
112,481
89,190
---------
--------
Net assets
112,481
89,190
---------
--------
Davis Quarry Products Ltd.
Statement of Financial Position (continued)
30 November 2024
2024
2023
Note
£
£
£
£
Capital and reserves
Called up share capital
7
100
100
Profit and loss account
112,381
89,090
---------
--------
Shareholders funds
112,481
89,190
---------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 17 June 2025 , and are signed on behalf of the board by:
S E Davis
Company registration number: 03444136
Davis Quarry Products Ltd.
Notes to the Financial Statements
Year ended 30 November 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Sandhills Farm, Edgioake Lane, Astwood Bank, Redditch, Worcs, B96 6BG.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover represents services provided net of VAT and is recognised when the service is supplied to the customer.
Tax
Current tax represents the amount of tax payable or receivable in respect of the taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment
-
25% reducing balance
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into, either as financial assets, financial liabilities or equity interests. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
4. Tangible assets
Equipment
Total
£
£
Cost
At 1 December 2023 and 30 November 2024
160,762
160,762
---------
---------
Depreciation
At 1 December 2023
154,000
154,000
Charge for the year
1,690
1,690
---------
---------
At 30 November 2024
155,690
155,690
---------
---------
Carrying amount
At 30 November 2024
5,072
5,072
---------
---------
At 30 November 2023
6,762
6,762
---------
---------
5. Debtors
2024
2023
£
£
Trade debtors
7,258
623
Other debtors
21,172
21,159
--------
--------
28,430
21,782
--------
--------
The debtors above include the following amounts falling due after more than one year:
2024
2023
£
£
Other debtors
441
429
----
----
6. Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
372
16,079
Social security and other taxes
6,795
2,578
Other creditors
18,750
20,400
--------
--------
25,917
39,057
--------
--------
7. Called up share capital
Issued, called up and fully paid
2024
2023
No.
£
No.
£
Ordinary shares of £ 1 each
100
100
100
100
----
----
----
----