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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 2022

England and Wales

Unaudited Financial Statements

For the year ended 31 July 2022

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 2022

Dukes Construction Ltd

Statement of Financial Position

2021

2022

Notes

Fixed assets

Property, plant and equipment

9,451

12,003

9,451

12,003

Current assets

Trade and other receivables

25,435

63,052

10,114

Cash and cash equivalents

4,899

67,951

35,549

Trade and other payables: amounts falling due within one

year

(93,005)

(132,065)

(57,456)

(64,114)

Net current liabilities

Total assets less current liabilities

(54,663)

(45,453)

Trade and other payables: amounts falling due after more

than one year

(38,333)

(34,167)

(1,796)

(2,281)

Provisions for liabilities

(90,626)

Net liabilities

(86,067)

Capital and reserves

Called up share capital

100

Retained earnings

(90,726)

(86,167)

(90,626)

(86,067)

Shareholders' funds

For the year ended 31 July 2022 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 2022 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

These financial statements were approved and authorised for issue by the Board on 17 April 2023 and were signed by:

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Registered Number :

12105501

For the year ended 31 July 2022

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 2022

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 % Straight line

20 % 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 2022

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.

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

Computer

Equipment

Motor Vehicles

Cost or

valuation

At 01 August 2021

13,927

459

13,468

370

Additions

At 31 July 2022

13,468

829

14,297

Provision for depreciation and impairment

At 01 August 2021

1,924

128

1,796

Charge for year

2,922

228

2,694

At 31 July 2022

4,846

356

4,490

At 31 July 2022

Net book value

8,978

473

9,451

At 31 July 2021

11,672

331

12,003

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For the year ended 31 July 2022

Dukes Construction Ltd

Notes to the Financial Statements Continued

4. Trade and other receivables

2021

2022

Trade debtors

50,000

Other debtors

13,052

25,435

63,052

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

2021

2022

Bank loans and overdraft

5,000

10,000

Trade creditors

25,119

27,590

Taxation and social security

69,391

32,675

Other creditors

32,555

22,740

132,065

93,005

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

2021

2022

Bank loans and overdraft

34,167

38,333

Analysis of creditors falling due after more than five years:

Payable by instalments

14,166

7. Average number of persons employed

During the year the average number of employees was 2 (2021 : 1) including directors.

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