D H Allan (Joiners & Builders) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: SC151917 (Scotland)

Unaudited Financial Statements

for the Period 1 April 2018 to 30 September 2019

for

David H Allan (Joiners & Building

Contractors) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

G M Allan

S McLaren

REGISTERED OFFICE:

76 Dumbarton Rd

Clydebank

G81 1UG

REGISTERED NUMBER:

SC151917 (Scotland)

ACCOUNTANTS:

Graham & Co. (Accountants) Limited

Chartered Accountants

76 Dumbarton Road

Clydebank

Glasgow

G81 1UG

FIXED ASSETS

Tangible assets

4

-

9,371

CURRENT ASSETS

Stocks

-

249,157

Debtors

5

8,495

1,490,956

Cash at bank and in hand

8,847

715,022

17,342

2,455,135

CREDITORS

Amounts falling due within one year

6

16,260

779,282

NET CURRENT ASSETS

1,082

1,675,853

TOTAL ASSETS LESS CURRENT LIABILITIES

1,082

1,685,224

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

982

1,685,124

SHAREHOLDERS' FUNDS

1,082

1,685,224

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2019.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2019 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 on 14 October 2019 and were signed on its behalf by:

G M Allan - Director

1.	STATUTORY INFORMATION

David H Allan (Joiners & Building Contractors) Limited is a private company, limited by shares , registered in

Scotland. 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

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in

bringing stocks to their present location and condition.

Taxation

Taxation for the period 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 period 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 (2018 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2018

131,467

Disposals

(131,467

)

At 30 September 2019

-

DEPRECIATION

At 1 April 2018

122,096

Eliminated on disposal

(122,096

)

At 30 September 2019

-

NET BOOK VALUE

At 30 September 2019

-

At 31 March 2018

9,371

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.19

31.3.18

£

£

Trade debtors

672

262,040

Amounts owed by group undertakings

-

1,113,329

Other debtors

7,823

115,587

8,495

1,490,956

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.19

31.3.18

£

£

Trade creditors

-

109,598

Amounts owed to group undertakings

26,174

-

Taxation and social security

(13,889

)

60,383

Other creditors

3,975

609,301

16,260

779,282

7.	CONTINGENT LIABILITIES

An unlimited inter company cross guarantee exists between David H Allan (Joiners & Building Contractors)

Limited and David H Allan Group Limited. There is also a bond and floating charge over the whole assets of the

company.

8.	RELATED PARTY DISCLOSURES

Administrative expenses includes £250,000 (2018- £800,000) for management services supplied by David H

Allan Group Limited, the parent company. Creditors includes £26,174 (2018- (£1,113,329)) due to / (by) group

companies.