| Registered Number:07371493 |
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2025
Duffy Regan Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Duffy Regan Ltd
Statement of Financial Position
2024
2025
109,873
130,200
2
| Property, plant and equipment |
75
3
3
109,948
130,203
| Trade and other receivables |
58,760
35,067
4
668
| Cash and cash equivalents |
3,007
38,074
59,428
| Trade and other payables: amounts falling due within one |
| year |
(65,040)
(42,463)
5
(5,612)
(4,389)
Net current liabilities
| Total assets less current liabilities |
105,559
124,591
| Trade and other payables: amounts falling due after more |
| than one year |
(32,288)
(24,624)
80,935
Net assets
92,303
50,000
50,000
30,935
42,303
80,935
92,303
Shareholders' funds
| For the year ended 31 March 2025 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
| 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 proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| Mr James Wright-Anderson Director |
| These financial statements were approved and authorised for issue by the Board on 15 August 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 March 2025
Duffy Regan Ltd
Notes to the Financial Statements
Statutory Information
| Duffy Regan Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number |
| 07371493. |
9 Malvern Road
Worcester
WR2 4LE
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 '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 costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Goodwill
| Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of 0 years. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer equipment
Fixtures and fittings
Inventories
| Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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For the year ended 31 March 2025
Duffy Regan Ltd
Notes to the Financial Statements Continued
| 2. Intangible fixed assets |
Goodwill
290,382
290,382
160,182
20,327
Charge for year
180,509
109,873
130,200
| 3. Property, plant and equipment |
13,853
10,789
3,064
95
95
-
3,064
10,884
13,948
| Provision for depreciation and impairment |
13,850
10,788
3,062
Charge for year
23
23
-
13,873
10,811
3,062
2
73
75
2
1
3
| 4. Trade and other receivables |
2024
2025
30,576
41,270
| Amounts owed by group undertakings and participating interests |
-
13,057
4,491
4,433
58,760
35,067
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For the year ended 31 March 2025
Duffy Regan Ltd
Notes to the Financial Statements Continued
| 5. Trade and other payables: amounts falling due within one year |
2024
2025
18,233
37,386
2,459
2,464
| Taxation and social security |
17,013
18,952
4,758
6,238
42,463
65,040
| 6. Average number of persons employed |
During the year the average number of employees was 4 (2024 : 4)
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