IRIS Accounts Production v24.1.9.2 07035493 director 28.11.22 26.11.23 26.11.23 0 0 true false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh070354932022-11-27070354932023-11-26070354932022-11-282023-11-26070354932021-11-28070354932021-11-292022-11-27070354932022-11-2707035493ns15:EnglandWales2022-11-282023-11-2607035493ns14:PoundSterling2022-11-282023-11-2607035493ns10:Director12022-11-282023-11-2607035493ns10:PrivateLimitedCompanyLtd2022-11-282023-11-2607035493ns10:SmallEntities2022-11-282023-11-2607035493ns10:AuditExempt-NoAccountantsReport2022-11-282023-11-2607035493ns10:SmallCompaniesRegimeForDirectorsReport2022-11-282023-11-2607035493ns10:SmallCompaniesRegimeForAccounts2022-11-282023-11-2607035493ns10:FullAccounts2022-11-282023-11-2607035493ns10:RegisteredOffice2022-11-282023-11-2607035493ns5:CurrentFinancialInstruments2023-11-2607035493ns5:CurrentFinancialInstruments2022-11-2707035493ns5:ShareCapital2023-11-2607035493ns5:ShareCapital2022-11-2707035493ns5:CapitalRedemptionReserve2023-11-2607035493ns5:CapitalRedemptionReserve2022-11-2707035493ns5:RetainedEarningsAccumulatedLosses2023-11-2607035493ns5:RetainedEarningsAccumulatedLosses2022-11-2707035493ns5:CostValuation2022-11-2707035493ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-2607035493ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-27
REGISTERED NUMBER: 07035493 (England and Wales)















Davies Brothers (Holdings) Limited

Unaudited Financial Statements

for the Period

28 November 2022 to 26 November 2023






Davies Brothers (Holdings) Limited (Registered number: 07035493)






Contents of the Financial Statements
for the Period 28 November 2022 to 26 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Davies Brothers (Holdings) Limited

Company Information
for the Period 28 November 2022 to 26 November 2023







DIRECTOR: C T Davies





REGISTERED OFFICE: Highdale House
7 Centre Court
Treforest Industrial Estate
Pontypridd
Rhondda Cynon Taff
CF37 5YR





REGISTERED NUMBER: 07035493 (England and Wales)





ACCOUNTANTS: Xeinadin South Wales & West Limited
Accountants & Business Advisors
Highdale House
7 Centre Court
Treforest Industrial Estate
Pontypridd
Rhondda Cynon Taff
CF37 5YR

Davies Brothers (Holdings) Limited (Registered number: 07035493)

Balance Sheet
26 November 2023

26.11.23 27.11.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 1,000 1,000
Investment property 5 - 157,027
1,000 158,027

CURRENT ASSETS
Debtors 6 528,954 566,925
Cash at bank 221,273 493,388
750,227 1,060,313
CREDITORS
Amounts falling due within one year 7 513,214 979,033
NET CURRENT ASSETS 237,013 81,280
TOTAL ASSETS LESS CURRENT
LIABILITIES

238,013

239,307

CAPITAL AND RESERVES
Called up share capital 505 505
Capital redemption reserve 495 495
Retained earnings 237,013 238,307
SHAREHOLDERS' FUNDS 238,013 239,307

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 26 November 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 26 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

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

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

The financial statements were approved by the director and authorised for issue on 29 November 2024 and were signed by:





C T Davies - Director


Davies Brothers (Holdings) Limited (Registered number: 07035493)

Notes to the Financial Statements
for the Period 28 November 2022 to 26 November 2023

1. STATUTORY INFORMATION

Davies Brothers (Holdings) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The financial statements contain information about Davies Brothers (Holdings) Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Investments
Investments are held at cost, less any provision for impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2022 - NIL).

Davies Brothers (Holdings) Limited (Registered number: 07035493)

Notes to the Financial Statements - continued
for the Period 28 November 2022 to 26 November 2023

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 28 November 2022
and 26 November 2023 1,000
NET BOOK VALUE
At 26 November 2023 1,000
At 27 November 2022 1,000

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 28 November 2022 157,027
Disposals (157,027 )
At 26 November 2023 -
NET BOOK VALUE
At 26 November 2023 -
At 27 November 2022 157,027

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
26.11.23 27.11.22
£    £   
Amounts owed by group undertakings 490,454 528,424
Other debtors 38,500 38,501
528,954 566,925

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
26.11.23 27.11.22
£    £   
Taxation and social security 17,711 16,517
Other creditors 495,503 962,516
513,214 979,033