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REGISTERED NUMBER: 00871007 (England and Wales)












DAVCO CONSTRUCTION COMPANY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025






DAVCO CONSTRUCTION COMPANY LIMITED (REGISTERED NUMBER: 00871007)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DAVCO CONSTRUCTION COMPANY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: Mr K P Davies
Mrs J Davies





REGISTERED OFFICE: 181 Wood Street
Walthamstow
London
E17 3NU





REGISTERED NUMBER: 00871007 (England and Wales)





ACCOUNTANTS: Christiansons Ltd
Chartered Certified Accountants
Sterling House
Fulbourne Road
Walthamstow
London
E17 4EE

DAVCO CONSTRUCTION COMPANY LIMITED (REGISTERED NUMBER: 00871007)

BALANCE SHEET
31 MARCH 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 324,620 332,715

CURRENT ASSETS
Stocks 5 - 14,127
Debtors 6 9,473 50,614
Investments 7 350,000 350,000
Cash at bank and in hand 297,648 188,386
657,121 603,127
CREDITORS
Amounts falling due within one year 8 107,289 108,352
NET CURRENT ASSETS 549,832 494,775
TOTAL ASSETS LESS CURRENT
LIABILITIES

874,452

827,490

PROVISIONS FOR LIABILITIES 9 56,452 56,452
NET ASSETS 818,000 771,038

CAPITAL AND RESERVES
Called up share capital 10 30 30
Capital redemption reserve 11 30 30
Fair value reserve 11 217,867 217,867
Retained earnings 11 600,073 553,111
SHAREHOLDERS' FUNDS 818,000 771,038

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

DAVCO CONSTRUCTION COMPANY LIMITED (REGISTERED NUMBER: 00871007)

BALANCE SHEET - continued
31 MARCH 2025


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 July 2025 and were signed on its behalf by:





Mr K P Davies - Director


DAVCO CONSTRUCTION COMPANY LIMITED (REGISTERED NUMBER: 00871007)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

Davco Construction Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover consists of work done net of trade discounts and value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures, fittings & equipment - 20% on reducing balance
Motor Vehicles - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets held under hire purchase are capitalised and are depreciated over their useful lives.

Rentals under operating leases are charged on a straight line basis over the lease term, even if the payments are not made on such a basis.

DAVCO CONSTRUCTION COMPANY LIMITED (REGISTERED NUMBER: 00871007)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 6 ) .

4. TANGIBLE FIXED ASSETS
Fixtures,
Freehold fittings Motor
property & equipment Vehicles Totals
£    £    £    £   
COST OR VALUATION
At 1 April 2024
and 31 March 2025 300,000 83,728 69,095 452,823
DEPRECIATION
At 1 April 2024 - 82,052 38,056 120,108
Charge for year - 335 7,760 8,095
At 31 March 2025 - 82,387 45,816 128,203
NET BOOK VALUE
At 31 March 2025 300,000 1,341 23,279 324,620
At 31 March 2024 300,000 1,676 31,039 332,715

Cost or valuation at 31 March 2025 is represented by:

Fixtures,
Freehold fittings Motor
property & equipment Vehicles Totals
£    £    £    £   
Valuation in 2024 274,319 - - 274,319
Cost 25,681 83,728 69,095 178,504
300,000 83,728 69,095 452,823

5. STOCKS
31.3.25 31.3.24
£    £   
Work-in-progress - 14,127

DAVCO CONSTRUCTION COMPANY LIMITED (REGISTERED NUMBER: 00871007)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 16,604 48,018
Prepayments and accrued income (7,131 ) 2,596
9,473 50,614

7. CURRENT ASSET INVESTMENTS
31.3.25 31.3.24
£    £   
Other 350,000 350,000

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors 22,367 12,002
Corporation tax 41,408 14,548
Other creditors including
taxation and social security 24,070 28,099
Other creditors 2,733 -
Directors' current accounts 11,995 48,243
Accruals and deferred income 4,716 5,460
107,289 108,352

9. PROVISIONS FOR LIABILITIES
31.3.25 31.3.24
£    £   
Deferred tax 56,452 56,452

Deferred
tax
£   
Balance at 1 April 2024 56,452
Balance at 31 March 2025 56,452

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
60 Ordinary 50p 30 30

DAVCO CONSTRUCTION COMPANY LIMITED (REGISTERED NUMBER: 00871007)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


11. RESERVES
Capital Fair
Retained redemption value
earnings reserve reserve Totals
£    £    £    £   

At 1 April 2024 553,111 30 217,867 771,008
Profit for the year 115,962 115,962
Dividends (69,000 ) (69,000 )
At 31 March 2025 600,073 30 217,867 817,970