REGISTERED NUMBER: 13492009 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 July 2025

for

Davis & Co of Fairford Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A D Davis

G J Davis

SECRETARY:

Mrs G Davis

REGISTERED OFFICE:

Bluebell Cottage

Horcott Road

Fairford

England

GL7 1US

REGISTERED NUMBER:

13492009 (England and Wales)

FIXED ASSETS

Tangible assets

4

11,941

1,359

Investments

5

25,000

-

36,941

1,359

CURRENT ASSETS

Debtors

6

189

1,963

Cash at bank and in hand

67,660

29,617

67,849

31,580

CREDITORS

Amounts falling due within one year

7

67,852

11,583

NET CURRENT (LIABILITIES)/ASSETS

(3

)

19,997

TOTAL ASSETS LESS CURRENT LIABILITIES

36,938

21,356

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

36,936

21,354

SHAREHOLDERS' FUNDS

36,938

21,356

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

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

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 Income and Retained Earnings has not been delivered.

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

A D Davis - Director

G J Davis - Director

1.	STATUTORY INFORMATION

Davis & Co of Fairford 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

20% on straight line basis

Fixtures and fittings

-

20% on straight line basis

Computer equipment

-

20% on straight line basis

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST

At 1 August 2024

-

-

1,699

1,699

Additions

3,138

490

10,024

13,652

At 31 July 2025

3,138

490

11,723

15,351

DEPRECIATION

At 1 August 2024

-

-

340

340

Charge for year

628

98

2,344

3,070

At 31 July 2025

628

98

2,684

3,410

NET BOOK VALUE

At 31 July 2025

2,510

392

9,039

11,941

At 31 July 2024

-

-

1,359

1,359

5.	FIXED ASSET INVESTMENTS

Loans to

associates

£

New in year

25,000

At 31 July 2025

25,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

189

1,963

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

(1

)

1

Tax

22,344

6,488

Social security and other taxes

953

550

VAT

3,070

-

Directors' current accounts

40,961

3,744

Accruals and deferred income

525

800

67,852

11,583

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 July 2025 and 31 July 2024:

2025

2024

£

£

A D Davis

Balance outstanding at start of year

(1,872

)

-

Amounts advanced

15,743

2,647

Amounts repaid

(34,348

)

(4,519

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(20,477

)

(1,872

)

G J Davis

Balance outstanding at start of year

(1,872

)

-

Amounts advanced

15,743

707

Amounts repaid

(34,348

)

(2,579

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(20,477

)

(1,872

)