DB Building And Joinery Contracts Limited 30/04/2025 iXBRL

Company registration number: NI687394

DB BUILDING AND JOINERY CONTRACTS LIMITED

UNAUDITED FILLETED FINANCIAL STATEMENTS

30 April 2025

DB BUILDING AND JOINERY CONTRACTS LIMITED

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

_________________________________________________________________________________________

Contents

Directors and other information

Accountants report

Balance sheet

Notes to the financial statements

DB BUILDING AND JOINERY CONTRACTS LIMITED

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

_________________________________________________________________________________________


	Director	Daman Brown


	Company number	NI687394


	Registered office	7 Castle Street
		Bellaghy
		Magherafelt
		BT45 8LA


	Business address	7 Castle Street
		Bellaghy
		Magherafelt
		BT45 8LA


	Accountants	Kelly & O'Neill Ltd
		15E Molesworth Street
		Cookstown
		BT80 8NX

DB BUILDING AND JOINERY CONTRACTS LIMITED

REPORT TO THE DIRECTOR ON THE PREPARATION OF THE

UNAUDITED STATUTORY FINANCIAL STATEMENTS OF DB BUILDING AND JOINERY CONTRACTS LIMITED (CONTINUED)

FOR THE YEAR ENDED 30 APRIL 2025

________________________________________________________________________________________

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of DB Building And Joinery Contracts Limited for the year ended 30 April 2025 which comprise the Balance Sheet and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of Chartered Accountants Ireland , we are subject to its ethical and other professional requirements which are detailed at www.charteredaccountants.ie.

This report is made solely to the director of DB Building And Joinery Contracts Limited, as a body, in accordance with the terms of our engagement letter dated 18 April 2023. Our work has been undertaken solely to prepare for your approval the financial statements of DB Building And Joinery Contracts Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of Chartered Accountants Ireland as detailed at www.charteredaccountants.ie. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than DB Building And Joinery Contracts Limited and its director as a body for our work or for this report.

It is your duty to ensure that DB Building And Joinery 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 DB Building And Joinery Contracts Limited. You consider that DB Building And Joinery Contracts Limited is exempt from the statutory audit requirement for the year.

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

Kelly & O'Neill Ltd

15E Molesworth Street

Cookstown

BT80 8NX

10 October 2025

DB BUILDING AND JOINERY CONTRACTS LIMITED

BALANCE SHEET (CONTINUED)

30 APRIL 2025

_________________________________________________________________________________________

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	132,733		165,328
		_______		_______
			132,733		165,328

Current assets
Stocks		135,474		156,531
Debtors	6	99,262		90,969
Cash at bank and in hand		32,394		15,134
		_______		_______
		267,130		262,634
Creditors: amounts falling due
within one year	7	( 270,227)		( 297,249)
		_______		_______
Net current liabilities			( 3,097)		( 34,615)
			_______		_______
Total assets less current liabilities			129,636		130,713

Creditors: amounts falling due
after more than one year	8		( 88,345)		( 130,226)
			_______		_______
Net assets			41,291		487
			_______		_______

Capital and reserves
Called up share capital			100		100
Profit and loss account			41,191		387
			_______		_______
Shareholder funds			41,291		487
			_______		_______

For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

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

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

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 Profit & Loss Account has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 10 October 2025 , and are signed on behalf of the board by:

Daman Brown

Director

Company registration number: NI687394

DB BUILDING AND JOINERY CONTRACTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 30 APRIL 2025

_________________________________________________________________________________________

1. General information

The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is 7 Castle Street, Bellaghy, Magherafelt, BT45 8LA.

2. Statement of compliance

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

Turnover

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.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, 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 assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

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	-	20 %	reducing balance
Fittings fixtures and equipment	-	25 %	reducing balance
Motor vehicles	-	25 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

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. 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 are largely independent of the cash inflows from other assets or groups of assets.

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 stocks to their present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

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 in finance costs 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 5 (2024: 6 ).

5. Tangible assets

	Plant and machinery	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£	£
Cost
At 1 May 2024	173,040	-	53,986	227,026
Additions	-	3,000	-	3,000
	_______	_______	_______	_______
At 30 April 2025	173,040	3,000	53,986	230,026
	_______	_______	_______	_______
Depreciation
At 1 May 2024	43,290	-	18,408	61,698
Charge for the year	25,950	750	8,895	35,595
	_______	_______	_______	_______
At 30 April 2025	69,240	750	27,303	97,293
	_______	_______	_______	_______
Carrying amount
At 30 April 2025	103,800	2,250	26,683	132,733
	_______	_______	_______	_______
At 30 April 2024	129,750	-	35,578	165,328
	_______	_______	_______	_______

6. Debtors

	2025	2024
	£	£
Trade debtors	98,450	50,436
Other debtors	812	40,533
	_______	_______
	99,262	90,969
	_______	_______

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	44,082	28,943
Trade creditors	143,204	210,222
Corporation tax	6,013	4,603
Social security and other taxes	36,661	13,633
Other creditors	40,267	39,848
	_______	_______
	270,227	297,249
	_______	_______

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

	2025	2024
	£	£
Bank loans and overdrafts	1,831	6,227
Other creditors	86,514	123,999
	_______	_______
	88,345	130,226
	_______	_______

9. Directors advances, credits and guarantees

	During the year the director entered into the following advances and credits with the company:

2025
		Balance brought forward	Advances /(credits) to the director	Balance o/standing
		£	£	£
	Daman Brown	39,178	( 39,183)	( 5)
		_______	_______	_______

2024
		Balance brought forward	Advances /(credits) to the director	Balance o/standing
		£	£	£
	Daman Brown	( 9,433)	48,611	39,178
		_______	_______	_______