D NEIL BUILDERS LIMITED

D NEIL BUILDERS LIMITED

D NEIL BUILDERS LIMITED - Company Information

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D NEIL BUILDERS LIMITED

Company Registration Number:
SC233757 (Scotland)

Unaudited abridged accounts for the year ended 31 July 2021

Period of accounts

Start date: 01 August 2020

End date: 31 July 2021

D NEIL BUILDERS LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2021

Balance sheet
Notes

D NEIL BUILDERS LIMITED

Balance sheet

As at 31 July 2021


Notes
2021
2020


£
£
Fixed assets
Tangible assets: 3 21,130 10,061
Total fixed assets: 21,130 10,061
Current assets
Debtors:     15,351
Cash at bank and in hand: 48,035 1,328
Total current assets: 48,035 16,679
Creditors: amounts falling due within one year: 4 (20,755) (13,610)
Net current assets (liabilities): 27,280 3,069
Total assets less current liabilities: 48,410 13,130
Creditors: amounts falling due after more than one year: 5 (27,527) (18,897)
Provision for liabilities: (4,015) (1,912)
Total net assets (liabilities): 16,868 (7,679)
Capital and reserves
Called up share capital: 10 10
Profit and loss account: 16,858 (7,689)
Shareholders funds: 16,868 (7,679)

The notes form part of these financial statements

D NEIL BUILDERS LIMITED

Balance sheet statements

For the year ending 31 July 2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 April 2022
and signed on behalf of the board by:

Name: D NEIL
Status: Director

The notes form part of these financial statements

D NEIL BUILDERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful Plant & machinery -25% on reducing balance

Other accounting policies

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date

D NEIL BUILDERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2021

2. Employees

2021 2020
Average number of employees during the period 3 3

D NEIL BUILDERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2021

3. Tangible Assets

Total
Cost £
At 01 August 2020 26,568
Additions 18,112
At 31 July 2021 44,680
Depreciation
At 01 August 2020 16,507
Charge for year 7,043
At 31 July 2021 23,550
Net book value
At 31 July 2021 21,130
At 31 July 2020 10,061

D NEIL BUILDERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2021

4. Creditors: amounts falling due within one year note

Amount due of £20755 is made up as follows : Hire purchase £7517 Trade creditors £8801 Taxation & social security £4432 Other creditors £5

D NEIL BUILDERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2021

5. Creditors: amounts falling due after more than one year note

Amount due of £27527 is made up as follows : Bank loans £11688 Hire purchase £15839