Dimora Construction Limited - Accounts to registrar (filleted) - small 18.2

Dimora Construction Limited - Accounts to registrar (filleted) - small 18.2

DIMORA CONSTRUCTION LIMITED - Company Information

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REGISTERED NUMBER: 03645160















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2019

FOR

DIMORA CONSTRUCTION LIMITED
DIMORA CONSTRUCTION LIMITED (REGISTERED NUMBER: 03645160)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2019




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


DIMORA CONSTRUCTION LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2019







DIRECTOR: J C Pessagno





SECRETARY: Dr L Pessagno





REGISTERED OFFICE: Birch House
Doctor Fold Lane
Heywood
Lancashire
OL10 2QE





REGISTERED NUMBER: 03645160





ACCOUNTANTS: Wyatt, Morris, Golland Ltd
Park House
200 Drake Street
Rochdale
Lancashire
OL16 1PJ
Page 1
DIMORA CONSTRUCTION LIMITED (REGISTERED NUMBER: 03645160)

ABRIDGED BALANCE SHEET
31 DECEMBER 2019

2019 2018
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 217,704 222,941

CURRENT ASSETS
Stocks 1,244,268 969,268
Debtors 2,786 6,537
Cash at bank and in hand 16,781 79,982
1,263,835 1,055,787
CREDITORS
Amounts falling due within one year 53,692 89,322
NET CURRENT ASSETS 1,210,143 966,465
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,427,847
1,189,406

CREDITORS
Amounts falling due after more than one year 5 1,318,362 1,082,781
NET ASSETS 109,485 106,625

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 109,385 106,525
SHAREHOLDERS' FUNDS 109,485 106,625

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 notes form part of these financial statements

Page 2 continued...
DIMORA CONSTRUCTION LIMITED (REGISTERED NUMBER: 03645160)

ABRIDGED BALANCE SHEET - continued
31 DECEMBER 2019


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 31 December 2019 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 May 2020 and were signed by:





J C Pessagno - Director


The notes form part of these financial statements

Page 3
DIMORA CONSTRUCTION LIMITED (REGISTERED NUMBER: 03645160)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2019

1. STATUTORY INFORMATION

Dimora Construction Limited is a private company, limited by shares , registered in Not specified/Other. 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 - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

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 year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained
Earnings, 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.

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 year was 1 (2018 - 1 ) .

Page 4 continued...
DIMORA CONSTRUCTION LIMITED (REGISTERED NUMBER: 03645160)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2019

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2019
and 31 December 2019 253,582
DEPRECIATION
At 1 January 2019 30,641
Charge for year 5,237
At 31 December 2019 35,878
NET BOOK VALUE
At 31 December 2019 217,704
At 31 December 2018 222,941

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS
2019 2018
£    £   
Repayable by instalments
Bank loans more 5 yr by instal 34,435 41,694

6. SECURED DEBTS

The following secured debts are included within creditors:

2019 2018
£    £   
Bank loans 68,650 74,738

7. ULTIMATE CONTROLLING PARTY

The controlling party is J C Pessagno.

Page 5