REGISTERED NUMBER: 02545782 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Davroy Contracts Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Chartered Accountant's Report

7

DIRECTOR:

N Reynolds

REGISTERED OFFICE:

510 Queslett Road

Great Barr

Birmingham

West Midlands

B43 7EJ

REGISTERED NUMBER:

02545782 (England and Wales)

ACCOUNTANT:

Groucott Moor Limited

Lombard House

Cross Keys

Lichfield

Staffordshire

WS13 6DN

FIXED ASSETS

Tangible assets

4

88,146

118,519

CURRENT ASSETS

Stocks

174,344

255,598

Debtors

5

1,195,825

703,774

Cash at bank and in hand

1,076,922

1,754,242

2,447,091

2,713,614

CREDITORS

Amounts falling due within one year

6

854,955

667,731

NET CURRENT ASSETS

1,592,136

2,045,883

TOTAL ASSETS LESS CURRENT LIABILITIES

1,680,282

2,164,402

PROVISIONS FOR LIABILITIES

7

8,984

13,734

NET ASSETS

1,671,298

2,150,668

CAPITAL AND RESERVES

Called up share capital

1

1

Capital redemption reserve

1

1

Retained earnings

1,671,296

2,150,666

SHAREHOLDERS' FUNDS

1,671,298

2,150,668

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 director acknowledges his 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.

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 director and authorised for issue on 29 April 2025 and were signed by:

N Reynolds - Director

1.	STATUTORY INFORMATION

Davroy 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 represents the value of work done in the year, including estimates of amounts due on contracts not yet invoiced.

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% reducing balance

Fixtures and Fittings - Fully depreciated

Motor Vehicles - 25% 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

Work in progress

Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

83,534

14,587

116,254

214,375

DEPRECIATION

At 1 April 2024

17,321

14,587

63,948

95,856

Charge for year

16,553

-

13,820

30,373

At 31 March 2025

33,874

14,587

77,768

126,229

NET BOOK VALUE

At 31 March 2025

49,660

-

38,486

88,146

At 31 March 2024

66,213

-

52,306

118,519

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

301,826

360,279

Amounts owed by group undertakings

714,966

204,552

Other debtors

489

489

VAT

178,544

138,454

1,195,825

703,774

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

546,520

309,251

Tax

251,965

286,701

Social security and other taxes

44,357

55,842

Other creditors

1,563

3,727

Accruals and deferred income

10,550

12,210

854,955

667,731

7.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

8,984

13,734

Deferred

tax

£

Balance at 1 April 2024

13,734

Provided during year

(4,750

)

Balance at 31 March 2025

8,984

8.	RELATED PARTY DISCLOSURES

During the year the company was charged £480,000 (2024 - £240,000) for management services by Davroy Contracts (Holdings) Limited.

9.	ULTIMATE CONTROLLING PARTY

The ultimate parent company at the balance sheet date was Davroy Contracts (Holdings) Limited, a company incorporated in England and Wales, which controls 100% of the issued share capital of the company.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the financial statements of Davroy Contracts Limited for the year ended 31 March 2025 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given me.

As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), I am subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Davroy Contracts Limited in accordance with my terms of engagement. My work has been undertaken solely to prepare for your approval the financial statements of Davroy Contracts Limited and state those matters that I have agreed to state to the director of Davroy Contracts Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than Davroy Contracts Limited and its director for my work or for this report.

It is your duty to ensure that Davroy Contracts Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Davroy Contracts Limited. You consider that Davroy Contracts Limited is exempt from the statutory audit requirement for the year.

I have not been instructed to carry out an audit or a review of the financial statements of Davroy Contracts Limited. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.

Groucott Moor Limited

Lombard House

Cross Keys

Lichfield

Staffordshire

WS13 6DN

29 April 2025