REGISTERED NUMBER: 06559895 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

DJW CONTRACTING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D J Waters

REGISTERED OFFICE:

Hope Cottage

Wheatley Road

Forest Hill

Oxford

OX33 1ES

REGISTERED NUMBER:

06559895 (England and Wales)

ACCOUNTANTS:

Martin and Company

Two Brewers House

50 North Street

Thame

Oxfordshire

OX9 3BH

FIXED ASSETS

Tangible assets

4

1,360,248

1,389,782

CURRENT ASSETS

Stocks

84,000

86,600

Debtors

5

163,038

165,602

247,038

252,202

CREDITORS

Amounts falling due within one year

6

529,641

470,538

NET CURRENT LIABILITIES

(282,603

)

(218,336

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,077,645

1,171,446

CREDITORS

Amounts falling due after more than one year

7

(284,472

)

(388,958

)

PROVISIONS FOR LIABILITIES

(170,668

)

(168,543

)

NET ASSETS

622,505

613,945

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

622,405

613,845

SHAREHOLDERS' FUNDS

622,505

613,945

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 22nd December 2025 and were signed by:

D J Waters - Director

1.	STATUTORY INFORMATION

DJW Contracting Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

Between 15% and 25% reducing balance

Tractors and combines

-

Between 15% and 25% reducing balance

Computer equipment

-

25% on reducing balance

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Tractors

Plant and

and

Computer

machinery

combines

equipment

Totals

£

£

£

£

COST

At 1st April 2024

939,602

1,748,730

1,026

2,689,358

Additions

99,680

159,500

-

259,180

Disposals

(46,500

)

(105,500

)

-

(152,000

)

At 31st March 2025

992,782

1,802,730

1,026

2,796,538

DEPRECIATION

At 1st April 2024

562,446

736,845

285

1,299,576

Charge for year

61,816

156,291

185

218,292

Eliminated on disposal

(22,384

)

(59,194

)

-

(81,578

)

At 31st March 2025

601,878

833,942

470

1,436,290

NET BOOK VALUE

At 31st March 2025

390,904

968,788

556

1,360,248

At 31st March 2024

377,156

1,011,885

741

1,389,782

The net book value of assets held under Hire Purchase contracts amounted to £1,108,111 (2024: £1,144,053) at the year end. The depreciation charge for these assets was £171,836 (2024: £172,876) and this is included within the amount of £218,292 shown above.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

51,973

44,151

Other debtors

111,065

121,451

163,038

165,602

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

102,590

89,137

Hire purchase contracts

222,315

209,813

Trade creditors

179,859

142,482

Taxation and social security

90

4,819

Other creditors

24,787

24,287

529,641

470,538

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

272,805

367,291

Other creditors

11,667

21,667

284,472

388,958

8.	RELATED PARTY DISCLOSURES

During the year the company provided contracting services to a sole trade business of Mr D J Waters totalling £242,440 (2024: £255,349). All transactions were made on commercial terms.

At the year end the company was owed £nil (2024: £3,017) by the sole trade business of Mr D J Waters.

At the year end the company owed the sole trade business of Mr D J Waters £37,283 (2024: £nil).

At the year end the company owed the director £22,237 (2024: £21,737).