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REGISTERED NUMBER: 01158034 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 MARCH 2024 TO 31 MARCH 2025

FOR

DOYLE & TRATT PRODUCTS LIMITED

DOYLE & TRATT PRODUCTS LIMITED (REGISTERED NUMBER: 01158034)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MARCH 2024 TO 31 MARCH 2025




Page

Statement of Financial Position 1

Notes to the Financial Statements 3


DOYLE & TRATT PRODUCTS LIMITED (REGISTERED NUMBER: 01158034)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 44,394 52,583

CURRENT ASSETS
Stocks 4,584,566 4,559,610
Debtors 6 1,699,926 1,610,245
Cash at bank and in hand 851,638 487,936
7,136,130 6,657,791
CREDITORS
Amounts falling due within one year 7 2,372,206 2,051,332
NET CURRENT ASSETS 4,763,924 4,606,459
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,808,318

4,659,042

CREDITORS
Amounts falling due after more than one
year

8

(2,362,000

)

(2,362,000

)

PROVISIONS FOR LIABILITIES (3,094 ) (5,036 )
NET ASSETS 2,443,224 2,292,006

CAPITAL AND RESERVES
Called up share capital 10 602 602
Retained earnings 2,442,622 2,291,404
SHAREHOLDERS' FUNDS 2,443,224 2,292,006

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

DOYLE & TRATT PRODUCTS LIMITED (REGISTERED NUMBER: 01158034)

STATEMENT OF FINANCIAL POSITION - 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 June 2025 and were signed on its behalf by:




Dr A J Doyle - Director P J Tratt - Director




Dr J E Tratt - Director


DOYLE & TRATT PRODUCTS LIMITED (REGISTERED NUMBER: 01158034)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MARCH 2024 TO 31 MARCH 2025

1. STATUTORY INFORMATION

Doyle & Tratt Products Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 01158034

Registered office: Chancery House
3 Hatchlands Road
Redhill
Surrey
RH1 6AA

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


All amounts in the financial statements have been rounded to the nearest £.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates
In preparing these financial statements, the directors have made the following judgements:
- Determine whether there are indicators of impairment of the company's tangible and intangible assets, including goodwill. Factors taken into consideration in reaching such a decision include the economic viability and expected future financial performance of the asset and where it is a component of a larger cash-generating unit, the viability and expected future performance of that unit.

Other key sources of estimation uncertainty

Tangible fixed assets
Tangible fixed assets are depreciated over their useful lives taking into account residual values, where appropriate. The actual lives of the assets and residual values are assessed annually and may vary depending on a number of factors. In re-assessing asset lives, factors such as technological innovation, product life cycles and maintenance programmes are taken into account. Residual value assessments consider issues such as future market conditions, the remaining life of the asset and projected disposal values.

Turnover
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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost, 20% on cost and 10% on cost

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

DOYLE & TRATT PRODUCTS LIMITED (REGISTERED NUMBER: 01158034)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MARCH 2024 TO 31 MARCH 2025

3. ACCOUNTING POLICIES - continued

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Basic financial assets, which include trade debtors, other debtors and cash and bank balances, are initially measured at the transaction price including transaction costs and are subsequently recognised at amortised cost.

Basic financial liabilities, including trade creditors and other creditors, are initially recognised at transaction price and are subsequently recognised at amortised cost.

The company has no financial assets or financial liabilities measured at fair value, and the company has no external borrowings, therefore the company is not exposed to any risk arising from the interest rate benchmark reform as LIBOR is replaced with alternative benchmark interest rates.

Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs
The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the profit and loss account.

DOYLE & TRATT PRODUCTS LIMITED (REGISTERED NUMBER: 01158034)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MARCH 2024 TO 31 MARCH 2025

3. ACCOUNTING POLICIES - continued

Holiday accrual
A liability is recognised to the extent of any unused holiday pay entitlement which has accrued at the balance sheet date and carried forward to future periods. This is measured at the undiscounted salary cost of the future holiday entitlement so accrued at the balance sheet date.

Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting. Dividends on shares recognised as liabilities are recognised as expenses and classified within interest payable.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 29 (2024 - 30 ) .

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 March 2024 48,877 274,214 323,091
Additions - 18,774 18,774
Disposals - (20,524 ) (20,524 )
At 31 March 2025 48,877 272,464 321,341
DEPRECIATION
At 1 March 2024 48,877 221,631 270,508
Charge for period - 25,372 25,372
Eliminated on disposal - (18,933 ) (18,933 )
At 31 March 2025 48,877 228,070 276,947
NET BOOK VALUE
At 31 March 2025 - 44,394 44,394
At 29 February 2024 - 52,583 52,583

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 1,599,421 1,552,341
Other debtors 100,505 57,904
1,699,926 1,610,245

DOYLE & TRATT PRODUCTS LIMITED (REGISTERED NUMBER: 01158034)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MARCH 2024 TO 31 MARCH 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 1,903,436 1,536,642
Taxation and social security 319,254 352,148
Other creditors 149,516 162,542
2,372,206 2,051,332

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Other creditors 2,362,000 2,362,000

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Preference shares 2,362,000 2,362,000

9. LEASING AGREEMENTS
At the balance sheet date the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £605 (2024: £nil).

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
602 Ordinary shares £1 602 602

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the period the company advanced a total of £5,211 to the directors and received repayments totalling £4,995 from the directors.

At the balance sheet date the company was owed £216 (2024: £nil) by the directors and this amount is interest free and repayable on demand.