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Company Registration No. 02073133 (England and Wales)
Davik Builders Limited Unaudited accounts for the year ended 31 December 2024
Davik Builders Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Davik Builders Limited Company Information for the year ended 31 December 2024
Directors
Richard Collins Darren Slavin
Company Number
02073133 (England and Wales)
Registered Office
3 Ye Corner Aldenham Rd Watford Herts WD19 4BS United Kingdom
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Davik Builders Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
62,890 
36,112 
Current assets
Inventories
195,500 
181,000 
Debtors
5
- 
12,287 
Cash at bank and in hand
77 
58,030 
195,577 
251,317 
Creditors: amounts falling due within one year
6
(119,041)
(90,869)
Net current assets
76,536 
160,448 
Total assets less current liabilities
139,426 
196,560 
Creditors: amounts falling due after more than one year
7
(127,382)
(186,790)
Provisions for liabilities
Other provisions
(858)
(858)
Net assets
11,186 
8,912 
Capital and reserves
Called up share capital
1,200 
1,200 
Profit and loss account
9,986 
7,712 
Shareholders' funds
11,186 
8,912 
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 24 September 2025 and were signed on its behalf by
Darren Slavin Director Company Registration No. 02073133
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Davik Builders Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Davik Builders Limited is a private company, limited by shares, registered in England and Wales, registration number 02073133. The registered office is 3 Ye Corner, Aldenham Rd, Watford, Herts, WD19 4BS, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
17,337 
131,599 
148,936 
Additions
- 
37,963 
37,963 
At 31 December 2024
17,337 
169,562 
186,899 
Depreciation
At 1 January 2024
17,167 
95,657 
112,824 
Charge for the year
- 
11,185 
11,185 
At 31 December 2024
17,167 
106,842 
124,009 
Net book value
At 31 December 2024
170 
62,720 
62,890 
At 31 December 2023
170 
35,942 
36,112 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
12,287 
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Davik Builders Limited Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
16,165 
- 
VAT
30,112 
18,559 
Obligations under finance leases and hire purchase contracts
17,754 
- 
Trade creditors
4,807 
7,681 
Taxes and social security
49,685 
20,313 
Other creditors
518 
44,316 
119,041 
90,869 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
33,761 
39,893 
Other creditors
93,621 
146,897 
127,382 
186,790 
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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