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Company Registration No. 02310439 (England and Wales)
Donovan Construction Limited Unaudited Accounts for the year ended 31 March 2025
Donovan Construction Limited Unaudited Accounts Contents
Page
Statement of financial position
3
Notes to the accounts
4
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Donovan Construction Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Current assets
Debtors
4
571 
571 
Cash at bank and in hand
5 
792 
576 
1,363 
Creditors: amounts falling due within one year
5
(25,327)
(27,735)
Net current liabilities
(24,751)
(26,372)
Total assets less current liabilities
(24,751)
(26,372)
Creditors: amounts falling due after more than one year
6
(7,556)
- 
Net liabilities
(32,307)
(26,372)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(32,309)
(26,374)
Shareholders' funds
(32,307)
(26,372)
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and authorised for issue on 31 December 2025 and were signed on its behalf by
Aaron Donovan Green Director Company Registration No. 02310439
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Donovan Construction Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Donovan Construction Limited is a private company, limited by shares, registered in England and Wales, registration number 02310439. The registered office is 293 Marvels Lane, Grove Park, London, SE12 9PT.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Going concern
The director continues to provide financial support to the company and the financial statements have therefore been prepared on a going concern basis.
Revenue recognition
Revenue, described as turnover, represents the value of work carried out with respect to services, plus the value of goods provided to customers in the year, net of VAT and discounts. Revenue is recognised on the provision of services on a percentage degree of completion basis, calculated by reference to the time expended compared to the total anticipated time. Revenue is recognised on the sale of goods when the goods are delivered and title has passed.
Operating leases
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.
Financial instruments
Financial instruments are classified by the directors as basic or advanced following the conditions in FRS 102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest method.
4
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Other debtors
571 
571 
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
5,667 
- 
Other creditors
- 
960 
Loans from directors
16,900 
24,975 
Accruals
2,760 
1,800 
25,327 
27,735 
- 4 -
Donovan Construction Limited Notes to the Accounts for the year ended 31 March 2025
6
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
7,556 
- 
7
Transactions with related parties
At the balance sheet date, the company owed the director £16,900 (2024: £24,975) in respect of interest free loans and advances. This amount is included in short-term creditors and is repayable on demand.
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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