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REGISTERED NUMBER: 04704626 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

T R DAVIES LIMITED

T R DAVIES LIMITED (REGISTERED NUMBER: 04704626)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


T R DAVIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTOR: T R Davies





REGISTERED OFFICE: Windsor House
107 Talbot Road
Talbot Green
Pontyclun
Glamorgan
CF72 8AE





REGISTERED NUMBER: 04704626 (England and Wales)





ACCOUNTANTS: DAVID WRIGHT ACCOUNTANTS LIMITED
Unit 10
Bridgend Business Park
Bennett Street
Bridgend
Glamorgan
CF31 3SH

T R DAVIES LIMITED (REGISTERED NUMBER: 04704626)

BALANCE SHEET
31 MARCH 2025

31/3/25 31/3/24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 23,000 26,901
23,000 26,901

CURRENT ASSETS
Debtors 6 69,324 69,808
Cash in hand 2,800 2,800
72,124 72,608
CREDITORS
Amounts falling due within one year 7 72,047 72,603
NET CURRENT ASSETS 77 5
TOTAL ASSETS LESS CURRENT
LIABILITIES

23,077

26,906

CREDITORS
Amounts falling due after more than one year 8 20,706 26,121
NET ASSETS 2,371 785

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,271 685
SHAREHOLDERS' FUNDS 2,371 785

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

T R DAVIES LIMITED (REGISTERED NUMBER: 04704626)

BALANCE SHEET - continued
31 MARCH 2025


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 15 May 2025 and were signed by:





T R Davies - Director


T R DAVIES LIMITED (REGISTERED NUMBER: 04704626)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

T R Davies 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.

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.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 10% on cost and at varying rates on cost

Taxation
Taxation for the year 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 year 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

T R DAVIES LIMITED (REGISTERED NUMBER: 04704626)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 20,000
AMORTISATION
At 1 April 2024
and 31 March 2025 20,000
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 -

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Motor Computer
property fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2024 61,074 4,746 6,918 13,679 86,417
Additions 4,000 - - 1,834 5,834
At 31 March 2025 65,074 4,746 6,918 15,513 92,251
DEPRECIATION
At 1 April 2024 43,567 4,241 5,161 6,547 59,516
Charge for year 6,197 128 439 2,971 9,735
At 31 March 2025 49,764 4,369 5,600 9,518 69,251
NET BOOK VALUE
At 31 March 2025 15,310 377 1,318 5,995 23,000
At 31 March 2024 17,507 505 1,757 7,132 26,901

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/25 31/3/24
£    £   
Trade debtors 16,317 1,579
Other debtors 53,007 68,229
69,324 69,808

T R DAVIES LIMITED (REGISTERED NUMBER: 04704626)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/25 31/3/24
£    £   
Bank loans and overdrafts 14,524 13,560
Trade creditors - 1,669
Taxation and social security 57,341 57,228
Other creditors 182 146
72,047 72,603

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31/3/25 31/3/24
£    £   
Bank loans 20,706 26,121

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31/3/25 31/3/24
£    £   
T R Davies
Balance outstanding at start of year 50,298 54,979
Amounts advanced 66,327 29,319
Amounts repaid (83,611 ) (34,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 33,014 50,298

10. RELATED PARTY DISCLOSURES

During the year the company paid rent of £12,000 in respect of a property owned personally by the director.