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DUKES CONSTRUCTION LTD - Company Information

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Dukes Construction Ltd

Registered Number:12105501

For the year ended 31 July 2021

England and Wales

Unaudited Financial Statements

For the year ended 31 July 2021

Dukes Construction Ltd

Contents Page

Statement of Financial Position

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Notes to the Financial Statements

Registered Number :

12105501

As at 31 July 2021

Dukes Construction Ltd

Statement of Financial Position

2020

2021

Notes

Fixed assets

Property, plant and equipment

12,003

200

12,003

200

Current assets

Trade and other receivables

59,962

25,435

35,000

Cash and cash equivalents

10,114

35,549

94,962

Trade and other payables: amounts falling due within one

year

(46,896)

(93,005)

48,066

(57,456)

Net current liabilities

Total assets less current liabilities

(45,453)

48,266

Trade and other payables: amounts falling due after more

than one year

(47,500)

(38,333)

(2,281)

(38)

Provisions for liabilities

(86,067)

Net assets/liabilities

728

Capital and reserves

Called up share capital

100

Retained earnings

(86,167)

628

(86,067)

728

Shareholders' funds

For the year ended 31 July 2021 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 of its financial statements for the year ended 31 July 2021 in accordance with Section 476 of the Companies Act 2006

The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section

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.

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

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

E M Dukes Director

H L Dukes Director

These financial statements were approved and authorised for issue by the Board on 02 April 2022 and were signed by:

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Registered Number :

12105501

For the year ended 31 July 2021

Dukes Construction Ltd

Statement of Financial Position Continued

The notes form part of these financial statements

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For the year ended 31 July 2021

Dukes Construction Ltd

Notes to the Financial Statements

Statutory Information

Dukes Construction Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration

number 12105501.

Principal place of business:

9 Rowan Walk

Bromley

Kent

BR2 8QW

Registered address:

11 Tanglewood Close

Gillingham

Kent

ME8 0PH

The presentation currency is £ sterling.

The financial statements relate to the trading activities of Dukes Construction Ltd only.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A of Financial

Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the

Companies Act 2006. The financial statements have been prepared under the historical costs convention as

modified by the revaluation of certain assets.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.

Property, plant and equipment

Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery

33.33 SL Straight line

20 SL Straight line

Motor Vehicles

Government grants

Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.

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For the year ended 31 July 2021

Dukes Construction Ltd

Notes to the Financial Statements Continued

Deferred tax

The tax expense for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss account, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Balance sheet date, except that:· the recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and· any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Financial Instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets

and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related

parties and investments in non-puttable ordinary shares.

3. Property, plant and equipment

Total

Motor

Vehicles

Plant and

Machinery

Cost or

valuation

At 01 August 2020

232

13,695

13,468

227

Additions

At 31 July 2021

459

13,468

13,927

Provision for depreciation and impairment

At 01 August 2020

Charge for year

1,892

1,796

At 31 July 2021

1,924

1,796

128

At 31 July 2021

Net book value

331

11,672

12,003

At 31 July 2020

200

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For the year ended 31 July 2021

Dukes Construction Ltd

Notes to the Financial Statements Continued

4. Trade and other receivables

2020

2021

Other debtors

25,435

59,962

5. Trade and other payables: amounts falling due within one year

2020

2021

Bank loans and overdraft

10,000

5,334

Trade creditors

27,590

12,127

Taxation and social security

32,675

26,065

Other creditors

22,740

3,370

93,005

46,896

6. Trade and other payables: amounts falling due after more than one year

2020

2021

Bank loans and overdraft

38,333

47,500

Analysis of creditors falling due after more than five years:

Payable by instalments

7,500

7. Related party transactions

Mr E Dukes

Director and shareholder

During the year, the company received loans amounting to £17,910 from Mr Dukes a member of key management

personnel. the balance of the loans is to be repaid upon demand and the rate of interest charged is 0%. At balance

sheet date, the loan balance was still outstanding and is presented within other creditors due within one year.

8. Average number of persons employed

During the year the average number of employees was 1 (2020 : 1) including directors.

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