Caseware UK (AP4) 2024.0.164 2024.0.164 2024-11-302024-11-30true2trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.22023-12-01falseNo description of principal activityfalse 12266608 2023-12-01 2024-11-30 12266608 2022-12-01 2023-11-30 12266608 2024-11-30 12266608 2023-11-30 12266608 c:Director2 2023-12-01 2024-11-30 12266608 d:CurrentFinancialInstruments 2024-11-30 12266608 d:CurrentFinancialInstruments 2023-11-30 12266608 d:Non-currentFinancialInstruments 2024-11-30 12266608 d:Non-currentFinancialInstruments 2023-11-30 12266608 d:CurrentFinancialInstruments d:WithinOneYear 2024-11-30 12266608 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 12266608 d:Non-currentFinancialInstruments d:AfterOneYear 2024-11-30 12266608 d:Non-currentFinancialInstruments d:AfterOneYear 2023-11-30 12266608 d:ShareCapital 2024-11-30 12266608 d:ShareCapital 2023-11-30 12266608 d:RetainedEarningsAccumulatedLosses 2024-11-30 12266608 d:RetainedEarningsAccumulatedLosses 2023-11-30 12266608 c:FRS102 2023-12-01 2024-11-30 12266608 c:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 12266608 c:FullAccounts 2023-12-01 2024-11-30 12266608 c:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 12266608 2 2023-12-01 2024-11-30 12266608 e:PoundSterling 2023-12-01 2024-11-30 iso4217:GBP xbrli:pure

Registered number: 12266608









D&A CONSTRUCTION LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

 
D&A CONSTRUCTION LIMITED
REGISTERED NUMBER: 12266608

STATEMENT OF FINANCIAL POSITION
AS AT 30 NOVEMBER 2024

2024
2023
Note
£
£

  

Current assets
  

Stocks
  
-
342,059

Debtors: amounts falling due within one year
 4 
3,672,149
3,214,762

Cash at bank and in hand
  
1,528
49,607

  
3,673,677
3,606,428

Creditors: amounts falling due within one year
 5 
(420,454)
(414,881)

Net current assets
  
 
 
3,253,223
 
 
3,191,547

Total assets less current liabilities
  
3,253,223
3,191,547

Creditors: amounts falling due after more than one year
 6 
(3,227,368)
(3,188,174)

  

Net assets
  
25,855
3,373


Capital and reserves
  

Called up share capital 
  
3
3

Profit and loss account
  
25,852
3,370

  
25,855
3,373


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 income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.
 
Page 1

 
D&A CONSTRUCTION LIMITED
REGISTERED NUMBER: 12266608
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 NOVEMBER 2024


The financial statements were approved and authorised for issue by the board and were signed on its behalf on 27 August 2025.




D Pearson
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
D&A CONSTRUCTION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1.


General information

D&A Construction Limited ("the Company") is a private Company limited by shares and incorporated in England and Wales. The registered office is Leytonstone House, 3 Hanbury Drive, Leytonstone, London, E11 1GA.

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

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.3

Interest income

Interest income is recognised in the Statement of income and retained earnings using the effective interest method.

 
2.4

Finance costs

Finance costs are charged to the Statement of income and retained earnings over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
D&A CONSTRUCTION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.


 
2.6

Stocks

Stocks consist of development properties held for sale.
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell.
At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in the Statement of income and retained earnings.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

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.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 4

 
D&A CONSTRUCTION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

4.


Debtors

2024
2023
£
£


Amounts owed by connected companies
3,672,149
3,214,762



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
1,291

Corporation tax
7,655
791

Other taxation and social security
9,799
9,799

Amounts owed to connected companies
400,000
400,000

Accruals and deferred income
3,000
3,000

420,454
414,881


Page 5

 
D&A CONSTRUCTION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

6.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Other creditors
3,227,368
3,188,174

3,227,368
3,188,174


The following liabilities were secured:

2024
2023
£
£



Loan note instrument
3,062,079
3,062,079

Details of security provided:

Other creditors include a loan note instrument totalling £3,062,079 (2023 - £3,062,079) which is secured by way of a fixed and floating charge over all assets held by the Company.

The aggregate amount of liabilities repayable wholly or in part more than five years after the reporting date is:

2024
2023
£
£


Repayable other than by instalments
3,227,368
3,188,174




7.


Related party transactions

Amounts due to shareholders at the year end totalled £3,227,368 (2023 - £3,188,174).

 
Page 6