Dida Construction Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08299778 (England and Wales)

Financial Statements for the Year Ended 30 November 2021

for

Dida Construction Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Dida

E Dida

REGISTERED OFFICE:

Unit 2 Rollins Street

London

SE15 1EP

REGISTERED NUMBER:

08299778 (England and Wales)

ACCOUNTANTS:

Ortenz & Co Ltd

354 High Street North

East Ham

London

E12 6PH

FIXED ASSETS

Tangible assets

4

7,928

9,564

CURRENT ASSETS

Debtors

5

85,337

35,694

Cash at bank and in hand

251,161

31,413

336,498

67,107

CREDITORS

Amounts falling due within one year

6

91,495

61,526

NET CURRENT ASSETS

245,003

5,581

TOTAL ASSETS LESS CURRENT LIABILITIES

252,931

15,145

CREDITORS

Amounts falling due after more than one year

7

(250,853

)

(6,181

)

PROVISIONS FOR LIABILITIES

(1,494

)

(1,494

)

NET ASSETS

584

7,470

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

8

484

7,370

SHAREHOLDERS' FUNDS

584

7,470

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2021 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 and authorised for issue on 15 December 2021 and were signed on its behalf by:

S Dida - Director

1.	STATUTORY INFORMATION

Dida Construction Ltd is a private company, limited by shares , registered in England and Wales. 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 represents net invoiced sales of services, excluding 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.

Plant and machinery etc

-

20% 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

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

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2020

22,159

Additions

3,495

At 30 November 2021

25,654

DEPRECIATION

At 1 December 2020

12,595

Charge for year

5,131

At 30 November 2021

17,726

NET BOOK VALUE

At 30 November 2021

7,928

At 30 November 2020

9,564

5.

DEBTORS

30.11.21

30.11.20

£

£

Amounts falling due within one year:

Trade debtors

73,378

17,014

Other debtors

6,782

13,503

80,160

30,517

Amounts falling due after more than one year:

Other debtors

5,177

5,177

Aggregate amounts

85,337

35,694

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.21

30.11.20

£

£

Trade creditors

20,131

-

Taxation and social security

3,822

2,224

Other creditors

67,542

59,302

91,495

61,526

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.21

30.11.20

£

£

Bank loans

250,000

-

Hire purchase contracts

853

6,181

250,853

6,181

8.

RESERVES

Retained

earnings

£

At 1 December 2020

7,370

Profit for the year

18,114

Dividends

(25,000

)

At 30 November 2021

484