REGISTERED NUMBER: 03344088 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

D & I HARVEY (BUILDERS) LTD

Page

Balance sheet

1

Notes to the financial statements

2

Fixed assets

Tangible assets

4

7,429

10,087

Current assets

Debtors

5

41,439

46,237

Creditors

Amounts falling due within one year

6

39,162

49,135

Net current assets/(liabilities)

2,277

(2,898

)

Total assets less current liabilities

9,706

7,189

Creditors

Amounts falling due after more than one year

7

(1,180

)

(3,567

)

Provisions for liabilities

9

(1,708

)

(2,278

)

Net assets

6,818

1,344

Capital and reserves

Called up share capital

10

202

202

Retained earnings

6,616

1,142

Shareholders' funds

6,818

1,344

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 Statement of comprehensive income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 November 2025 and were signed on its behalf by:

Mr I Harvey - Director

1.	Statutory information

D & I Harvey (Builders) Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 03344088. The registered office is 7 & 8 Church Street, Wimborne, Dorset, BH21 1JH and business address is 10 Roundhaye Road, Bearcross, Bournemouth, Dorset, BH11 9JB.

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 represents amounts received for building and development services in the year, net of value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Financial instruments

Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 7 (2024 - 7 ) .

4.	Tangible fixed assets

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

Cost

At 1 April 2024

and 31 March 2025

1,383

34,744

2,477

38,604

Depreciation

At 1 April 2024

755

25,551

2,211

28,517

Charge for year

94

2,298

266

2,658

At 31 March 2025

849

27,849

2,477

31,175

Net book value

At 31 March 2025

534

6,895

-

7,429

At 31 March 2024

628

9,193

266

10,087

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

Cost

At 1 April 2024

22,749

Transfer to ownership

(22,749

)

At 31 March 2025

-

Depreciation

At 1 April 2024

17,351

Transfer to ownership

(17,351

)

At 31 March 2025

-

Net book value

At 31 March 2025

-

At 31 March 2024

5,398

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

24,100

27,315

Directors' current accounts

14,509

15,335

VAT

137

149

Prepayments and accrued income

2,693

3,438

41,439

46,237

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loans and overdrafts

9,432

22,835

Hire purchase contracts

-

608

Trade creditors

126

-

Tax

24,305

21,472

Social security and other taxes

1,899

1,352

Pensions

475

-

Accruals and deferred income

2,925

2,868

39,162

49,135

7.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Bank loans - 1-2 years

1,180

2,378

Bank loans - 2-5 years

-

1,189

1,180

3,567

8.	Secured debts

Amounts owed under hire purchase are secured against the assets to which they relate.

9.	Provisions for liabilities

2025

2024

£

£

Deferred tax

1,708

2,278

Deferred

tax

£

Balance at 1 April 2024

2,278

Provided during year

(570

)

Balance at 31 March 2025

1,708

10.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

152

Ordinary

£1

152

152

48

Ordinary B

£1

48

48

2

Ordinary C

£1

2

2

202

202

11.	Directors' advances, credits and guarantees

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

Mr D Harvey

Balance outstanding at start of year

7,667

3,529

Amounts advanced

36,616

7,667

Amounts repaid

(37,000

)

(3,529

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

7,283

7,667

Mr I Harvey

Balance outstanding at start of year

7,668

3,529

Amounts advanced

36,558

7,668

Amounts repaid

(37,000

)

(3,529

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

7,226

7,668

At the balance sheet date the Directors, owed the company £14,509 (2024: £15,335). The amount outstanding at the balance sheet date was repaid in full within 9 months of the year

12.	Ultimate controlling party

The company is controlled by the directors Mr I Harvey and Mr D Harvey who between them own 100% of the issued voting share capital.