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Registered number: 04523576
DNH Construction Limited
Unaudited Financial Statements
For The Year Ended 30 November 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 04523576
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 158,147 191,103
158,147 191,103
CURRENT ASSETS
Stocks 6 710,000 417,500
Debtors 7 771,572 815,515
Cash at bank and in hand 1,748,963 1,853,330
3,230,535 3,086,345
Creditors: Amounts Falling Due Within One Year 8 (1,068,646 ) (1,169,689 )
NET CURRENT ASSETS (LIABILITIES) 2,161,889 1,916,656
TOTAL ASSETS LESS CURRENT LIABILITIES 2,320,036 2,107,759
Creditors: Amounts Falling Due After More Than One Year 9 (44,381 ) (47,282 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (39,537 ) (47,693 )
NET ASSETS 2,236,118 2,012,784
CAPITAL AND RESERVES
Called up share capital 11 300 300
Share premium account 30,286 30,286
Profit and Loss Account 2,205,532 1,982,198
SHAREHOLDERS' FUNDS 2,236,118 2,012,784
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For the year ending 30 November 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 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr S M Holmes
Director
28 April 2026
The notes on pages 3 to 6 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
DNH Construction Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04523576 . The registered office is 6 Houndiscombe Road, Plymouth, Devon, PL4 6HH.
The principal place of business is 1A Devonshire Meadows, Broadley Park Road, Plymouth, Devon, PL6 7EZ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised over its estimated useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor vehicles 25% reducing balance
Equipment, fixtures & fittings 25% reducing balance
Computer and office equipment 33% straight line
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.6. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 42 (2024: 41)
42 41
4. Intangible Assets
Goodwill
£
Cost
As at 1 December 2024 57,000
As at 30 November 2025 57,000
Amortisation
As at 1 December 2024 57,000
As at 30 November 2025 57,000
Net Book Value
As at 30 November 2025 -
As at 1 December 2024 -
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5. Tangible Assets
Motor vehicles Equipment, fixtures & fittings Computer and office equipment Total
£ £ £ £
Cost
As at 1 December 2024 292,288 55,904 21,058 369,250
Additions 17,995 - 5,851 23,846
As at 30 November 2025 310,283 55,904 26,909 393,096
Depreciation
As at 1 December 2024 113,122 50,990 14,035 178,147
Provided during the period 49,291 1,232 6,279 56,802
As at 30 November 2025 162,413 52,222 20,314 234,949
Net Book Value
As at 30 November 2025 147,870 3,682 6,595 158,147
As at 1 December 2024 179,166 4,914 7,023 191,103
6. Stocks
2025 2024
£ £
Stock 10,000 7,500
Work in progress 700,000 410,000
710,000 417,500
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 738,350 744,748
Other debtors 33,222 70,767
771,572 815,515
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 17,969 13,470
Trade creditors 268,174 533,262
Other creditors 223,288 117,907
Taxation and social security 559,215 505,050
1,068,646 1,169,689
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9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 44,381 47,282
10. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 17,969 13,470
Later than one year and not later than five years 44,381 47,282
62,350 60,752
62,350 60,752
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 300 300
12. Directors Advances, Credits and Guarantees
Included within Debtors is the following loan to a director:
As at 1 December 2024 Amounts advanced Amounts repaid Amounts written off As at 30 November 2025
£ £ £ £ £
Mr David Holmes 6,458 431,326 437,662 - 803
The above loan is unsecured, and repayable on demand. Interest is charged on a monthly basis at HMRC's officical rate and the total interest charged during the year was £1,170 (2024: £1,490).
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