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REGISTERED NUMBER: 04332054 (England and Wales)














Financial Statements for the Year Ended 30 November 2024

for

Dacorum Contracts Limited

Dacorum Contracts Limited (Registered number: 04332054)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Dacorum Contracts Limited

Company Information
for the Year Ended 30 November 2024







DIRECTORS: Mrs D M Wilson
Mr S J Wilson





REGISTERED OFFICE: Unit 14
Avebury Court
Mark Road
Hemel Hempstead
Hertfordshire
HP2 7TA





REGISTERED NUMBER: 04332054 (England and Wales)





ACCOUNTANTS: Farrell & Co
1C Amberside
Wood Lane
Hemel Hempstead
Hertfordshire
HP2 4TP

Dacorum Contracts Limited (Registered number: 04332054)

Balance Sheet
30 November 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 113,467 73,269
Investments 5 110,124 110,124
223,591 183,393

CURRENT ASSETS
Stocks 28,651 45,218
Debtors 6 937,381 991,257
Cash at bank and in hand 1,366,297 832,093
2,332,329 1,868,568
CREDITORS
Amounts falling due within one year 7 782,254 554,586
NET CURRENT ASSETS 1,550,075 1,313,982
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,773,666

1,497,375

CREDITORS
Amounts falling due after more than one year 8 (35,656 ) (4,457 )

PROVISIONS FOR LIABILITIES (28,222 ) (16,116 )
NET ASSETS 1,709,788 1,476,802

CAPITAL AND RESERVES
Called up share capital 9 7 7
Retained earnings 10 1,709,781 1,476,795
SHAREHOLDERS' FUNDS 1,709,788 1,476,802

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 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.

Dacorum Contracts Limited (Registered number: 04332054)

Balance Sheet - continued
30 November 2024


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 29 August 2025 and were signed on its behalf by:





Mr S J Wilson - Director


Dacorum Contracts Limited (Registered number: 04332054)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

Dacorum Contracts 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Dacorum Contracts Limited (Registered number: 04332054)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

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 9 (2023 - 10 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 December 2023 131,920 32,882 26,986 33,405 225,193
Additions 5,553 - 67,156 7,499 80,208
Disposals (5,190 ) - - - (5,190 )
At 30 November 2024 132,283 32,882 94,142 40,904 300,211
DEPRECIATION
At 1 December 2023 82,228 17,290 25,539 26,867 151,924
Charge for year 13,263 3,898 17,150 3,509 37,820
Eliminated on disposal (3,000 ) - - - (3,000 )
At 30 November 2024 92,491 21,188 42,689 30,376 186,744
NET BOOK VALUE
At 30 November 2024 39,792 11,694 51,453 10,528 113,467
At 30 November 2023 49,692 15,592 1,447 6,538 73,269

5. FIXED ASSET INVESTMENTS

Unlisted investments are stated at historical cost and reviewed annually for impairment.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Other debtors 937,381 991,257

Dacorum Contracts Limited (Registered number: 04332054)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Bank loans and overdrafts 16,784 54,751
Hire purchase contracts 10,740 8,715
Trade creditors 166,710 419,413
Taxation and social security 124,580 46,512
Other creditors 463,440 25,195
782,254 554,586

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.24 30.11.23
£    £   
Hire purchase contracts 35,656 4,457

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.24 30.11.23
value: £    £   
2 Ordinary £1 2 2
1 Ordianary B £1 1 1
1 Ordinary C £1 1 1
1 Ordinary D £1 1 1
1 Ordinary E £1 1 1
1 Ordinary F £1 1 1
7 7

10. RESERVES
Retained
earnings
£   

At 1 December 2023 1,476,795
Profit for the year 343,486
Dividends (110,500 )
At 30 November 2024 1,709,781

11. RELATED PARTY DISCLOSURES

During the year ended 30 November 2011 the Company entered into a property investment partnership jointly with the director and shareholder of the Company. The property is the place from which the Company operates its principal trade. The balance outstanding at the year end is £181,494 (2023: £181,332) and is included in other debtors on the balance sheet.