Dean & Dean Construction Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 06767632

DEAN & DEAN CONSTRUCTION LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 March 2025

DEAN & DEAN CONSTRUCTION LIMITED

STATEMENT OF FINANCIAL POSITION

31 March 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		72,682	106,989

Current assets

Stocks		2,334,437	937,495
Debtors	6	880,272	622,294
Cash at bank and in hand		220,682	448,035
		------------	------------
		3,435,391	2,007,824

Creditors: amounts falling due within one year	7	1,897,135		1,151,754
		------------		------------
Net current assets			1,538,256	856,070
			------------	---------
Total assets less current liabilities			1,610,938	963,059

Creditors: amounts falling due after more than one year	8		1,227,725	616,392

Provisions

Taxation including deferred tax	18,171	20,328
	------------	---------
Net assets	365,042	326,339
	------------	---------

Capital and reserves

Called up share capital	20,000	20,000
Profit and loss account	345,042	306,339
	---------	---------
Shareholders funds	365,042	326,339
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

DEAN & DEAN CONSTRUCTION LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 30 September 2025 , and are signed on behalf of the board by:

Mr T Dean
Director

Company registration number: 06767632

DEAN & DEAN CONSTRUCTION LIMITED

NOTES TO THE FINANCIAL STATEMENTS

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Studio D, South Cambridge Business Park, Babraham Road, Sawston, Cambridge, CB22 3JH.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible fixed assets are stated at cost less accumulated depreciation. Individual items of a capital nature with a cost of less than £250 are expensed directly to income.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	25% straight line
Fixtures and fittings	-	25% straight line
Motor vehicles	-	25% straight line
Equipment	-	25% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 8 (2024: 8 ).

5. Tangible assets

	Plant and machinery	Fixtures and fittings	Motor vehicles	Equipment	Total
	£	£	£	£	£
Cost
At 1 April 2024	251,899	9,393	100,563	41,832	403,687
Additions	–	–	–	2,304	2,304
Disposals	( 25,150)	–	–	–	( 25,150)
	---------	-------	---------	--------	---------
At 31 March 2025	226,749	9,393	100,563	44,136	380,841
	---------	-------	---------	--------	---------
Depreciation
At 1 April 2024	216,243	9,393	40,679	30,383	296,698
Charge for the year	12,320	–	20,518	3,774	36,612
Disposals	( 25,151)	–	–	–	( 25,151)
	---------	-------	---------	--------	---------
At 31 March 2025	203,412	9,393	61,197	34,157	308,159
	---------	-------	---------	--------	---------
Carrying amount
At 31 March 2025	23,337	–	39,366	9,979	72,682
	---------	-------	---------	--------	---------
At 31 March 2024	35,656	–	59,884	11,449	106,989
	---------	-------	---------	--------	---------

6. Debtors

	2025	2024
	£	£
Trade debtors	567,526	285,370
Other debtors	312,746	336,924
	---------	---------
	880,272	622,294
	---------	---------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	10,000	10,000
Trade creditors	577,054	812,970
Amounts owed to group undertakings and undertakings in which the company has a participating interest	921,186	384
Corporation tax	123,800	29,906
Social security and other taxes	19,079	31,637
Other creditors	246,016	266,857
	------------	------------
	1,897,135	1,151,754
	------------	------------

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	8,333	18,333
Other creditors	1,219,392	598,059
	------------	---------
	1,227,725	616,392
	------------	---------

9. Related party transactions

The company is wholly owned by Duo Investments Limited. Duo Investments Ltd is controlled by M and T Dean through their companies Duo MJD Ltd and Duo TJD Ltd. At 31 March 2025 the company owed £200,384 to Duo Investments Ltd (2024 £384) and £720,802 to Dean & Dean Developments Limited (2024: £nil.