REGISTERED NUMBER: 03735494 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

D. B. Gibbons (Contractors) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D B Gibbons

M D Gibbons

SECRETARY:

Mrs M M Gibbons

REGISTERED OFFICE:

Borderlines

Western Lane

West Harptree

Bristol

BS40 6EW

REGISTERED NUMBER:

03735494 (England and Wales)

ACCOUNTANTS:

Halls & Hughes

38 Pollard Road

Weston-super-Mare

North Somerset

BS24 7DT

FIXED ASSETS

Tangible assets

4

1,920,912

1,564,845

Investments

5

135

135

1,921,047

1,564,980

CURRENT ASSETS

Stocks

314,371

267,889

Debtors

6

288,100

286,302

602,471

554,191

CREDITORS

Amounts falling due within one year

7

859,154

778,874

NET CURRENT LIABILITIES

(256,683

)

(224,683

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,664,364

1,340,297

CREDITORS

Amounts falling due after more than one year

8

(355,105

)

(197,660

)

PROVISIONS FOR LIABILITIES

(199,970

)

(167,651

)

NET ASSETS

1,109,289

974,986

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

1,109,287

974,984

SHAREHOLDERS' FUNDS

1,109,289

974,986

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 December 2025 and were signed on its behalf by:

D B Gibbons - Director

M D Gibbons - Director

1.	STATUTORY INFORMATION

D. B. Gibbons (Contractors) 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 etc

-

15% 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2024 - 18 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 April 2024

3,030,421

30,245

3,060,666

Additions

816,495

-

816,495

Disposals

(217,400

)

-

(217,400

)

At 31 March 2025

3,629,516

30,245

3,659,761

DEPRECIATION

At 1 April 2024

1,479,899

15,922

1,495,821

Charge for year

336,839

2,148

338,987

Eliminated on disposal

(95,959

)

-

(95,959

)

At 31 March 2025

1,720,779

18,070

1,738,849

NET BOOK VALUE

At 31 March 2025

1,908,737

12,175

1,920,912

At 31 March 2024

1,550,522

14,323

1,564,845

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2024

and 31 March 2025

135

NET BOOK VALUE

At 31 March 2025

135

At 31 March 2024

135

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

285,462

282,849

Other debtors

2,638

3,453

288,100

286,302

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

189,313

265,947

Hire purchase contracts

324,485

220,055

Trade creditors

248,344

143,026

Taxation and social security

34,850

76,731

Other creditors

62,162

73,115

859,154

778,874

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

13,940

24,102

Hire purchase contracts

341,165

173,558

355,105

197,660