Registration number:
D.M.C. Tiling Contractors Ltd
for the Year Ended 31 July 2021
D.M.C. Tiling Contractors Ltd
Contents
Company Information |
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Accountants' Report |
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Profit and Loss Account |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
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Detailed Profit and Loss Account |
D.M.C. Tiling Contractors Ltd
Company Information
Director |
Mr Dale Carrington |
Registered office |
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Accountants |
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Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
D.M.C. Tiling Contractors Ltd
for the Year Ended 31 July 2021
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of D.M.C. Tiling Contractors Ltd for the year ended 31 July 2021 as set out on pages 3 to 5 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of D.M.C. Tiling Contractors Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of D.M.C. Tiling Contractors Ltd and state those matters that we have agreed to state to the Board of Directors of D.M.C. Tiling Contractors Ltd, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than D.M.C. Tiling Contractors Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that D.M.C. Tiling Contractors Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of D.M.C. Tiling Contractors Ltd. You consider that D.M.C. Tiling Contractors Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of D.M.C. Tiling Contractors Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
......................................
Worksop
Nottinghamshire
S81 7BN
D.M.C. Tiling Contractors Ltd
Profit and Loss Account for the Year Ended 31 July 2021
2021 |
2020 |
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Turnover |
|
|
Other income |
|
|
Cost of raw materials and consumables |
( |
( |
Staff costs |
( |
( |
Depreciation and other amounts written off assets |
( |
( |
Other charges |
(9,525) |
(5,808) |
Profit before tax |
|
|
Tax on profit |
( |
( |
Profit for the year |
|
|
D.M.C. Tiling Contractors Ltd
(Registration number: 11451708)
Balance Sheet as at 31 July 2021
2021 |
2020 |
|
Fixed assets |
|
|
Current assets |
|
|
Creditors: Amounts falling due within one year |
( |
( |
Net current assets |
|
|
Total assets less current liabilities |
|
|
Creditors: Amounts falling due after more than one year |
( |
( |
Accruals and deferred income |
( |
( |
|
|
|
Capital and reserves |
|
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General information |
The company is a private company limited by share capital, incorporated in England.
The address of its registered office is:
These financial statements were authorised for issue by the
Basis of preparation
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - '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 cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.
The presentation currency is GBP rounded to the nearest whole GBP.
Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
D.M.C. Tiling Contractors Ltd
(Registration number: 11451708)
Balance Sheet as at 31 July 2021
These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
For the financial year ending 31 July 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
• |
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• |
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
.........................................
Director
D.M.C. Tiling Contractors Ltd
Detailed Profit and Loss Account for the Year Ended 31 July 2021
2021 |
2020 |
|
Turnover (analysed below) |
241,709 |
209,481 |
Cost of sales (analysed below) |
(155,582) |
(137,787) |
Gross profit |
86,127 |
71,694 |
Gross profit (%) |
35.63% |
34.22% |
Administrative expenses |
||
Employment costs (analysed below) |
(8,929) |
(5,752) |
Establishment costs (analysed below) |
(312) |
(312) |
General administrative expenses (analysed below) |
(7,506) |
(4,462) |
Finance charges (analysed below) |
(739) |
(437) |
Depreciation costs (analysed below) |
(657) |
(657) |
(18,143) |
(11,620) |
|
Operating profit |
67,984 |
60,074 |
Other interest receivable and similar income (analysed below) |
49 |
3 |
Interest payable and similar charges (analysed below) |
(968) |
(597) |
(919) |
(594) |
|
Profit before tax |
67,065 |
59,480 |
D.M.C. Tiling Contractors Ltd
Detailed Profit and Loss Account for the Year Ended 31 July 2021
2021 |
2020 |
Turnover |
||
Sale of goods, UK |
241,709 |
209,481 |
Cost of sales |
||
Purchases |
(101,549) |
(94,467) |
Subcontract cost |
(54,033) |
(43,320) |
(155,582) |
(137,787) |
Employment costs |
||
Directors remuneration |
(8,806) |
(5,752) |
Staff welfare |
(123) |
- |
(8,929) |
(5,752) |
Establishment costs |
||
Use of home as office |
(312) |
(312) |
General administrative expenses |
||
Repairs and maintenance |
(441) |
(8) |
Telephone and fax |
(419) |
(272) |
Computer software and maintenance costs |
- |
(12) |
Motor expenses |
(3,942) |
(2,156) |
Travel and subsistence |
(129) |
- |
Accountancy fees |
(1,350) |
(1,328) |
Professional indemnity insurance |
(1,225) |
(686) |
(7,506) |
(4,462) |
Finance charges |
||
Bank charges |
(315) |
(183) |
Credit card charges |
(424) |
(254) |
(739) |
(437) |
Depreciation costs |
||
Depreciation of motor vehicles (owned) |
(521) |
(521) |
Depreciation of office equipment (owned) |
(136) |
(136) |
(657) |
(657) |
Other interest receivable and similar income |
||
Bank interest receivable |
1 |
3 |
Other interest receivable |
48 |
- |
49 |
3 |
D.M.C. Tiling Contractors Ltd
Detailed Profit and Loss Account for the Year Ended 31 July 2021
2021 |
2020 |
Interest payable and similar expenses |
||
Bank interest payable |
(762) |
(597) |
Bank loan interest payable |
(163) |
- |
Other interest payable |
(43) |
- |
(968) |
(597) |