REGISTERED NUMBER: 04728131 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

N P & D J Darwin Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

B N Darwin

REGISTERED OFFICE:

42 Pitt Street

Barnsley

South Yorkshire

S70 1BB

REGISTERED NUMBER:

04728131 (England and Wales)

ACCOUNTANTS:

Paul Howley & Co Ltd

Chartered Certified Accountants

42 Pitt Street

Barnsley

South Yorkshire

S70 1BB

FIXED ASSETS

Tangible assets

3

433,008

417,736

CURRENT ASSETS

Stocks

135,770

139,370

Debtors

4

21,608

48,223

Cash at bank and in hand

3,412

12,011

160,790

199,604

CREDITORS

Amounts falling due within one year

5

455,478

440,715

NET CURRENT LIABILITIES

(294,688

)

(241,111

)

TOTAL ASSETS LESS CURRENT LIABILITIES

138,320

176,625

CREDITORS

Amounts falling due after more than one year

6

(107,502

)

(100,061

)

PROVISIONS FOR LIABILITIES

(14,637

)

(25,824

)

NET ASSETS

16,181

50,740

CAPITAL AND RESERVES

Called up share capital

150

150

Retained earnings

16,031

50,590

SHAREHOLDERS' FUNDS

16,181

50,740

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.

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 8 September 2025 and were signed by:

B N Darwin - Director

1.	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.

Plant and machinery etc

-

15% on reducing balance

Stocks

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

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.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 4 ) .

3.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

19,949

884,735

904,684

Additions

-

214,059

214,059

Disposals

-

(169,209

)

(169,209

)

At 31 March 2025

19,949

929,585

949,534

DEPRECIATION

At 1 April 2024

12,967

473,981

486,948

Charge for year

998

56,204

57,202

Eliminated on disposal

-

(27,624

)

(27,624

)

At 31 March 2025

13,965

502,561

516,526

NET BOOK VALUE

At 31 March 2025

5,984

427,024

433,008

At 31 March 2024

6,982

410,754

417,736

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

21,608

44,312

Other debtors

-

3,911

21,608

48,223

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

68,507

10,204

Hire purchase contracts

45,608

40,419

Trade creditors

30,641

50,546

Taxation and social security

261

-

Other creditors

310,461

339,546

455,478

440,715

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

1,755

12,231

Hire purchase contracts

105,747

87,830

107,502

100,061

7.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank overdraft

58,045

-

Bank loans

12,217

22,435

Hire purchase contracts

151,355

128,249

221,617

150,684

8.	ULTIMATE CONTROLLING PARTY

The controlling party is B N Darwin, the director.