Company Registration No. 11530013 (England and Wales)
DANI PLUMBING & HEATING LTD
Unaudited accounts
for the year ended 30 October 2024
DANI PLUMBING & HEATING LTD
Statement of financial position
as at 30 October 2024
Tangible assets
8,431
12,646
Cash at bank and in hand
3,188
1,822
Creditors: amounts falling due within one year
(39,931)
(63,586)
Net current assets
43,552
36,009
Total assets less current liabilities
51,983
48,655
Creditors: amounts falling due after more than one year
(13,492)
(21,874)
Called up share capital
100
100
Profit and loss account
38,391
26,681
Shareholders' funds
38,491
26,781
For the year ending 30 October 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 6 March 2025 and were signed on its behalf by
Behar Dani
Director
Company Registration No. 11530013
DANI PLUMBING & HEATING LTD
Notes to the Accounts
for the year ended 30 October 2024
DANI PLUMBING & HEATING LTD is a private company, limited by shares, registered in England and Wales, registration number 11530013. The registered office is 4 Kempton Avenue, Hornchurch, Essex, RM12 6ED, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straight line
Motor vehicles
20% Straight line
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
DANI PLUMBING & HEATING LTD
Notes to the Accounts
for the year ended 30 October 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 31 October 2023
7,545
16,250
23,795
At 30 October 2024
7,545
16,250
23,795
At 31 October 2023
4,649
6,500
11,149
Charge for the year
965
3,250
4,215
At 30 October 2024
5,614
9,750
15,364
At 30 October 2024
1,931
6,500
8,431
At 30 October 2023
2,896
9,750
12,646
Amounts falling due within one year
Other debtors
69,625
96,809
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
5,000
5,000
Taxes and social security
27,278
54,058
Loans from directors
(3,763)
-
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
8,190
11,616
8
Average number of employees
During the year the average number of employees was 2 (2023: 3).