REGISTERED NUMBER: 11152746 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025

FOR

DAVIDSON-SMITH & CO LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs M A Davidson-Smith

REGISTERED OFFICE:

1 Rush Court

Bedford

Bedfordshire

MK40 3JT

REGISTERED NUMBER:

11152746 (England and Wales)

ACCOUNTANTS:

Thompsons Accountancy Services Ltd

2 Manor Farm Court Old Wolverton Road

Old Wolverton

Milton Keynes

Buckinghamshire

MK12 5NN

FIXED ASSETS

Tangible assets

5

1,435

2,442

CURRENT ASSETS

Debtors

6

184,023

220,752

Cash at bank and in hand

101,661

50,144

285,684

270,896

CREDITORS

Amounts falling due within one year

7

73,030

68,168

NET CURRENT ASSETS

212,654

202,728

TOTAL ASSETS LESS CURRENT LIABILITIES

214,089

205,170

CREDITORS

Amounts falling due after more than one year

8

(409

)

(8,605

)

PROVISIONS FOR LIABILITIES

(216

)

(440

)

NET ASSETS

213,464

196,125

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

213,364

196,025

213,464

196,125

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

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

The director acknowledges her 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 director and authorised for issue on 29 October 2025 and were signed by:

Mrs M A Davidson-Smith - Director

1.	STATUTORY INFORMATION

Davidson-Smith & Co 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.

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

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.

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

-

25% on cost

Fixtures and fittings

-

25% on cost

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 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 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.

4.	EMPLOYEES AND DIRECTORS

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

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 June 2024

and 31 May 2025

7,514

3,276

10,790

DEPRECIATION

At 1 June 2024

5,072

3,276

8,348

Charge for year

1,007

-

1,007

At 31 May 2025

6,079

3,276

9,355

NET BOOK VALUE

At 31 May 2025

1,435

-

1,435

At 31 May 2024

2,442

-

2,442

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

42,018

45,455

Amounts recoverable on contract

17,033

24,673

Other debtors

3,688

-

Directors' current accounts

112,661

138,731

Accrued income

-

3,077

Prepayments

8,623

8,816

184,023

220,752

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

8,000

8,000

Tax

51,384

35,113

Social security and other taxes

712

500

VAT

10,522

9,781

Other creditors

1,488

14,012

Accrued expenses

924

762

73,030

68,168

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

409

8,000

Bank loans - 2-5 years

-

605

409

8,605

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the beginning of the year a director owed the company £138,731. During the year £47,320 advances were made and £73,390 repaid leaving a closing balance of £112,661.

The loan to the director is subject to interest at 3%. There are no fixed repayment terms.