REGISTERED NUMBER: 03182086 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

DU CONSTRUCTION LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

781,501

782,107

Investments

5

-

30

781,501

782,137

CURRENT ASSETS

Stocks

1,421,304

15,000

Debtors

6

1,784,214

2,248,792

Cash at bank

1,614,755

1,429,433

4,820,273

3,693,225

CREDITORS

Amounts falling due within one year

7

1,289,821

1,267,478

NET CURRENT ASSETS

3,530,452

2,425,747

TOTAL ASSETS LESS CURRENT LIABILITIES

4,311,953

3,207,884

CREDITORS

Amounts falling due after more than one year

8

(225,897

)

(290,797

)

PROVISIONS FOR LIABILITIES

(112,394

)

(111,718

)

ACCRUALS AND DEFERRED INCOME

11

(23,906

)

(40,824

)

NET ASSETS

3,949,756

2,764,545

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

3,949,656

2,764,445

3,949,756

2,764,545

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

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

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 Profit and Loss Account has not been delivered.

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:

Mr M A Blackwell - Director

1.	STATUTORY INFORMATION

Du Construction Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

03182086

Registered office:

Glaslyn Ffordd Y Parc

Parc Menai

Bangor

Gwynedd

LL57 4FE

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 net invoiced work done and uninvoiced amounts due on contracts by reference to the stage of completion, excluding 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on cost and 20% on cost

Freehold land and property including integral features are depreciated at the following rates:

Freehold land - no depreciation

Freehold property - 1% on cost

Integral features - 5% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 41 (2024 - 36 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 May 2024

416,345

1,046,890

1,463,235

Additions

-

152,454

152,454

Disposals

-

(72,000

)

(72,000

)

At 30 April 2025

416,345

1,127,344

1,543,689

DEPRECIATION

At 1 May 2024

57,110

624,018

681,128

Charge for year

5,711

147,349

153,060

Eliminated on disposal

-

(72,000

)

(72,000

)

At 30 April 2025

62,821

699,367

762,188

NET BOOK VALUE

At 30 April 2025

353,524

427,977

781,501

At 30 April 2024

359,235

422,872

782,107

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 May 2024

448,555

Additions

118,595

At 30 April 2025

567,150

DEPRECIATION

At 1 May 2024

109,303

Charge for year

116,028

At 30 April 2025

225,331

NET BOOK VALUE

At 30 April 2025

341,819

At 30 April 2024

339,252

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertaking

£

COST

At 1 May 2024

30

Disposals

(30

)

At 30 April 2025

-

NET BOOK VALUE

At 30 April 2025

-

At 30 April 2024

30

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

566,317

1,319,530

Amounts recoverable on contract

990,139

732,878

Other debtors

227,758

196,384

1,784,214

2,248,792

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

24,632

23,484

Hire purchase contracts (see note 9)

68,303

100,579

Trade creditors

547,604

665,725

Taxation and social security

484,035

290,594

Other creditors

165,247

187,096

1,289,821

1,267,478

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

178,876

196,029

Hire purchase contracts (see note 9)

47,021

94,768

225,897

290,797

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

61,357

83,989

9.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2025

2024

£

£

Net obligations repayable:

Within one year

68,303

100,579

Between one and five years

47,021

94,768

115,324

195,347

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

115,324

195,347

The bank loans and bank overdraft facility is secured on a fixed and floating charge over the company's assets.

Hire purchase obligations are secured on the assets purchased.

11.	ACCRUALS AND DEFERRED INCOME

2025

2024

£

£

Deferred government grants

23,906

40,824

12.	TRANSACTIONS WITH DIRECTORS

The following advances and credits to directors subsisted during the years ended 30 April 2025 and 30 April 2024:

2025

2024

£

£

Mr M A Blackwell and Mrs S Blackwell

Balance outstanding at start of year

1,607

67,012

Amounts advanced

47,766

-

Amounts repaid

-

(65,405

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

49,373

1,607