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 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

D NEIL BUILDERS LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2023

Balance sheet
Notes

D NEIL BUILDERS LIMITED

Balance sheet

As at 31 July 2023


Notes
2023
2022


£
£
Fixed assets
Tangible assets: 3 37,972 50,276
Total fixed assets: 37,972 50,276
Current assets
Debtors: 4 21,450 8,296
Cash at bank and in hand: 98,634 26,462
Total current assets: 120,084 34,758
Creditors: amounts falling due within one year: 5 (48,487) (17,411)
Net current assets (liabilities): 71,597 17,347
Total assets less current liabilities: 109,569 67,623
Creditors: amounts falling due after more than one year: 6 (32,797) (46,313)
Provision for liabilities: (7,822) (9,552)
Total net assets (liabilities): 68,950 11,758
Capital and reserves
Called up share capital: 10 10
Profit and loss account: 68,940 11,748
Shareholders funds: 68,950 11,758

The notes form part of these financial statements

D NEIL BUILDERS LIMITED

Balance sheet statements

For the year ending 31 July 2023 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 2024
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 2023

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 measured 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 life : Plant & machinery etc -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 2023

2. Employees

2023 2022
Average number of employees during the period 2 3

D NEIL BUILDERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Tangible Assets

Total
Cost £
At 01 August 2022 66,269
Additions 586
At 31 July 2023 66,855
Depreciation
At 01 August 2022 15,993
Charge for year 12,890
At 31 July 2023 28,883
Net book value
At 31 July 2023 37,972
At 31 July 2022 50,276

D NEIL BUILDERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Debtors

2023 2022
££
Debtors due after more than one year: 0 0

D NEIL BUILDERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Creditors: amounts falling due within one year note

Amount due of £48487 is made up as follows : Hire purchase contracts £11008 Trade creditors £7085 Taxation & social security £30394

D NEIL BUILDERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

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

Amount due of £32797 is made up as follows : Hire purchase contracts £25641 Bank Loans £7156

D NEIL BUILDERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

7. Loans to directors

Name of director receiving advance or credit: D Neil
Description of the loan: Advance
£
Balance at 01 August 2022 0
Advances or credits made: 10,725
Balance at 31 July 2023 10,725
Name of director receiving advance or credit: K Neil
Description of the loan: Advance
£
Balance at 01 August 2022 0
Advances or credits made: 10,725
Balance at 31 July 2023 10,725

The advances to the director have been repaid since the balance sheet date