2024-04-01 2025-03-31 2025-03-31 false 07911529 DAVIES OF LAMPETER LTD 2025-10-21 49390 false iso4217:GBP xbrli:pure 07911529 2024-03-31 07911529 2025-03-31 07911529 2024-04-01 2025-03-31 07911529 2023-03-31 07911529 2024-03-31 07911529 2023-04-01 2024-03-31 07911529 bus:SmallEntities 2024-04-01 2025-03-31 07911529 bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 07911529 bus:FullAccounts 2024-04-01 2025-03-31 07911529 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07911529 core:WithinOneYear 2025-03-31 07911529 core:AfterOneYear 2025-03-31 07911529 core:WithinOneYear 2024-03-31 07911529 core:AfterOneYear 2024-03-31 07911529 core:ShareCapital 2025-03-31 07911529 core:SharePremium 2025-03-31 07911529 core:RevaluationReserve 2025-03-31 07911529 core:OtherReservesSubtotal 2025-03-31 07911529 core:RetainedEarningsAccumulatedLosses 2025-03-31 07911529 core:ShareCapital 2024-03-31 07911529 core:SharePremium 2024-03-31 07911529 core:RevaluationReserve 2024-03-31 07911529 core:OtherReservesSubtotal 2024-03-31 07911529 core:RetainedEarningsAccumulatedLosses 2024-03-31 07911529 core:LandBuildings 2025-03-31 07911529 core:PlantMachinery 2025-03-31 07911529 core:Vehicles 2025-03-31 07911529 core:FurnitureFittings 2025-03-31 07911529 core:OfficeEquipment 2025-03-31 07911529 core:NetGoodwill 2025-03-31 07911529 core:IntangibleAssetsOtherThanGoodwill 2025-03-31 07911529 core:ListedExchangeTraded 2025-03-31 07911529 core:UnlistedNon-exchangeTraded 2025-03-31 07911529 core:LandBuildings 2024-03-31 07911529 core:PlantMachinery 2024-03-31 07911529 core:Vehicles 2024-03-31 07911529 core:FurnitureFittings 2024-03-31 07911529 core:OfficeEquipment 2024-03-31 07911529 core:NetGoodwill 2024-03-31 07911529 core:IntangibleAssetsOtherThanGoodwill 2024-03-31 07911529 core:ListedExchangeTraded 2024-03-31 07911529 core:UnlistedNon-exchangeTraded 2024-03-31 07911529 core:LandBuildings 2024-04-01 2025-03-31 07911529 core:PlantMachinery 2024-04-01 2025-03-31 07911529 core:Vehicles 2024-04-01 2025-03-31 07911529 core:FurnitureFittings 2024-04-01 2025-03-31 07911529 core:OfficeEquipment 2024-04-01 2025-03-31 07911529 core:NetGoodwill 2024-04-01 2025-03-31 07911529 core:IntangibleAssetsOtherThanGoodwill 2024-04-01 2025-03-31 07911529 core:ListedExchangeTraded 2024-04-01 2025-03-31 07911529 core:UnlistedNon-exchangeTraded 2024-04-01 2025-03-31 07911529 core:MoreThanFiveYears 2024-04-01 2025-03-31 07911529 core:Non-currentFinancialInstruments 2025-03-31 07911529 core:Non-currentFinancialInstruments 2024-03-31 07911529 dpl:CostSales 2024-04-01 2025-03-31 07911529 dpl:DistributionCosts 2024-04-01 2025-03-31 07911529 core:LandBuildings 2024-04-01 2025-03-31 07911529 core:PlantMachinery 2024-04-01 2025-03-31 07911529 core:Vehicles 2024-04-01 2025-03-31 07911529 core:FurnitureFittings 2024-04-01 2025-03-31 07911529 core:OfficeEquipment 2024-04-01 2025-03-31 07911529 dpl:AdministrativeExpenses 2024-04-01 2025-03-31 07911529 core:NetGoodwill 2024-04-01 2025-03-31 07911529 core:IntangibleAssetsOtherThanGoodwill 2024-04-01 2025-03-31 07911529 dpl:GroupUndertakings 2024-04-01 2025-03-31 07911529 dpl:ParticipatingInterests 2024-04-01 2025-03-31 07911529 dpl:GroupUndertakings core:ListedExchangeTraded 2024-04-01 2025-03-31 07911529 core:ListedExchangeTraded 2024-04-01 2025-03-31 07911529 dpl:GroupUndertakings core:UnlistedNon-exchangeTraded 2024-04-01 2025-03-31 07911529 core:UnlistedNon-exchangeTraded 2024-04-01 2025-03-31 07911529 dpl:CostSales 2023-04-01 2024-03-31 07911529 dpl:DistributionCosts 2023-04-01 2024-03-31 07911529 core:LandBuildings 2023-04-01 2024-03-31 07911529 core:PlantMachinery 2023-04-01 2024-03-31 07911529 core:Vehicles 2023-04-01 2024-03-31 07911529 core:FurnitureFittings 2023-04-01 2024-03-31 07911529 core:OfficeEquipment 2023-04-01 2024-03-31 07911529 dpl:AdministrativeExpenses 2023-04-01 2024-03-31 07911529 core:NetGoodwill 2023-04-01 2024-03-31 07911529 core:IntangibleAssetsOtherThanGoodwill 2023-04-01 2024-03-31 07911529 dpl:GroupUndertakings 2023-04-01 2024-03-31 07911529 dpl:ParticipatingInterests 2023-04-01 2024-03-31 07911529 dpl:GroupUndertakings core:ListedExchangeTraded 2023-04-01 2024-03-31 07911529 core:ListedExchangeTraded 2023-04-01 2024-03-31 07911529 dpl:GroupUndertakings core:UnlistedNon-exchangeTraded 2023-04-01 2024-03-31 07911529 core:UnlistedNon-exchangeTraded 2023-04-01 2024-03-31 07911529 core:NetGoodwill 2025-03-31 07911529 core:IntangibleAssetsOtherThanGoodwill 2025-03-31 07911529 core:LandBuildings 2025-03-31 07911529 core:PlantMachinery 2025-03-31 07911529 core:Vehicles 2025-03-31 07911529 core:FurnitureFittings 2025-03-31 07911529 core:OfficeEquipment 2025-03-31 07911529 core:AfterOneYear 2025-03-31 07911529 core:WithinOneYear 2025-03-31 07911529 core:ListedExchangeTraded 2025-03-31 07911529 core:UnlistedNon-exchangeTraded 2025-03-31 07911529 core:ShareCapital 2025-03-31 07911529 core:SharePremium 2025-03-31 07911529 core:RevaluationReserve 2025-03-31 07911529 core:OtherReservesSubtotal 2025-03-31 07911529 core:RetainedEarningsAccumulatedLosses 2025-03-31 07911529 core:NetGoodwill 2024-03-31 07911529 core:IntangibleAssetsOtherThanGoodwill 2024-03-31 07911529 core:LandBuildings 2024-03-31 07911529 core:PlantMachinery 2024-03-31 07911529 core:Vehicles 2024-03-31 07911529 core:FurnitureFittings 2024-03-31 07911529 core:OfficeEquipment 2024-03-31 07911529 core:AfterOneYear 2024-03-31 07911529 core:WithinOneYear 2024-03-31 07911529 core:ListedExchangeTraded 2024-03-31 07911529 core:UnlistedNon-exchangeTraded 2024-03-31 07911529 core:ShareCapital 2024-03-31 07911529 core:SharePremium 2024-03-31 07911529 core:RevaluationReserve 2024-03-31 07911529 core:OtherReservesSubtotal 2024-03-31 07911529 core:RetainedEarningsAccumulatedLosses 2024-03-31 07911529 core:NetGoodwill 2023-03-31 07911529 core:IntangibleAssetsOtherThanGoodwill 2023-03-31 07911529 core:LandBuildings 2023-03-31 07911529 core:PlantMachinery 2023-03-31 07911529 core:Vehicles 2023-03-31 07911529 core:FurnitureFittings 2023-03-31 07911529 core:OfficeEquipment 2023-03-31 07911529 core:AfterOneYear 2023-03-31 07911529 core:WithinOneYear 2023-03-31 07911529 core:ListedExchangeTraded 2023-03-31 07911529 core:UnlistedNon-exchangeTraded 2023-03-31 07911529 core:ShareCapital 2023-03-31 07911529 core:SharePremium 2023-03-31 07911529 core:RevaluationReserve 2023-03-31 07911529 core:OtherReservesSubtotal 2023-03-31 07911529 core:RetainedEarningsAccumulatedLosses 2023-03-31 07911529 core:AfterOneYear 2024-04-01 2025-03-31 07911529 core:WithinOneYear 2024-04-01 2025-03-31 07911529 core:Non-currentFinancialInstruments core:CostValuation 2024-04-01 2025-03-31 07911529 core:Non-currentFinancialInstruments core:AdditionsToInvestments 2024-04-01 2025-03-31 07911529 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2024-04-01 2025-03-31 07911529 core:Non-currentFinancialInstruments core:DisposalsDecreaseInInvestments 2024-04-01 2025-03-31 07911529 core:Non-currentFinancialInstruments core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2024-04-01 2025-03-31 07911529 core:Non-currentFinancialInstruments core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2024-04-01 2025-03-31 07911529 core:Non-currentFinancialInstruments core:AcquisitionsIncreaseInProvisionsForImpairmentInvestments 2024-04-01 2025-03-31 07911529 core:Non-currentFinancialInstruments core:DisposalsDecreaseInProvisionsForImpairmentInvestments 2024-04-01 2025-03-31 07911529 core:Non-currentFinancialInstruments core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2024-04-01 2025-03-31 07911529 core:Non-currentFinancialInstruments core:CostValuation 2025-03-31 07911529 core:Non-currentFinancialInstruments core:AdditionsToInvestments 2025-03-31 07911529 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2025-03-31 07911529 core:Non-currentFinancialInstruments core:DisposalsDecreaseInInvestments 2025-03-31 07911529 core:Non-currentFinancialInstruments core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2025-03-31 07911529 core:Non-currentFinancialInstruments core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2025-03-31 07911529 core:Non-currentFinancialInstruments core:AcquisitionsIncreaseInProvisionsForImpairmentInvestments 2025-03-31 07911529 core:Non-currentFinancialInstruments core:DisposalsDecreaseInProvisionsForImpairmentInvestments 2025-03-31 07911529 core:Non-currentFinancialInstruments core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2025-03-31 07911529 core:Non-currentFinancialInstruments core:CostValuation 2024-03-31 07911529 core:Non-currentFinancialInstruments core:AdditionsToInvestments 2024-03-31 07911529 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2024-03-31 07911529 core:Non-currentFinancialInstruments core:DisposalsDecreaseInInvestments 2024-03-31 07911529 core:Non-currentFinancialInstruments core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2024-03-31 07911529 core:Non-currentFinancialInstruments core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2024-03-31 07911529 core:Non-currentFinancialInstruments core:AcquisitionsIncreaseInProvisionsForImpairmentInvestments 2024-03-31 07911529 core:Non-currentFinancialInstruments core:DisposalsDecreaseInProvisionsForImpairmentInvestments 2024-03-31 07911529 core:Non-currentFinancialInstruments core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2024-03-31 07911529 bus:Director1 2024-04-01 2025-03-31

DAVIES OF LAMPETER LTD

Registered Number
07911529
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2025

DAVIES OF LAMPETER LTD
Company Information
for the year from 1 April 2024 to 31 March 2025

Director | DAVIES, Huw

Registered Address | Brynmeddyg
| Victoria Terrace
| Lampeter
| SA48 7DF

Registered Number | 07911529 (England and Wales)

DAVIES OF LAMPETER LTD
Balance Sheet as at
31 March 2025

| Notes | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |
Intangible assets | 3 |  |  | 38,928 |  |  |  | 31,934
Tangible assets | 4 |  |  | 146,373 |  |  |  | 136,239
|  |  |  | 185,301 |  |  |  | 168,173
Current assets |  |  |  |  |  |  |  |
Debtors |  | 42,054 |  |  |  | 31,499 |  |
Cash at bank and on hand |  | 55,198 |  |  |  | 61,870 |  |
|  | 97,252 |  |  |  | 93,369 |  |
Creditors amounts falling due within one year | 5 | (161,775) |  |  |  | (152,968) |  |
Net current assets (liabilities) |  |  |  | (64,523) |  |  |  | (59,599)
Total assets less current liabilities |  |  |  | 120,778 |  |  |  | 108,574
Creditors amounts falling due after one year | 6 |  |  | (3,301) |  |  |  | (13,463)
Provisions for liabilities | 7 |  |  | (24,076) |  |  |  | (20,191)
Net assets |  |  |  | 93,401 |  |  |  | 74,920
Capital and reserves |  |  |  |  |  |  |  |
Called up share capital |  |  |  | 100 |  |  |  | 100
Profit and loss account |  |  |  | 93,301 |  |  |  | 74,820
Shareholders' funds |  |  |  | 93,401 |  |  |  | 74,920

- The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
- The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
- The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
- These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
- The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 21 October 2025, and are signed on its behalf by:
DAVIES, Huw Director Registered Company No. 07911529

DAVIES OF LAMPETER LTD
Notes to the Financial Statements
for the year ended 31 March 2025

1. | Accounting policies
--- | ---

| Statutory information
--- | ---
| The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| Statement of compliance
--- | ---
| The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

| Going concern
--- | ---
| These financial statements have been prepared on a going concern basis.

| Turnover policy
--- | ---
| Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

| Revenue from sale of goods
--- | ---
| Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

| Employee benefits
--- | ---
| Contributions to defined contribution plans are expensed in the period to which they relate.

| Foreign currency translation
--- | ---
| Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

| Deferred tax
--- | ---
| Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

| Intangible assets
--- | ---
| Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

| Tangible fixed assets and depreciation
--- | ---
| Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

| Finance leases and hire purchase contracts
--- | ---
| Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

2. | Average number of employees
--- | ---

|  | 2025 |  | 2024
| Average number of employees during the year | 10 |  | 11

3. | Intangible assets
--- | ---

|  | Other |  | Total
--- | --- | --- | --- | ---
|  | £ |  | £
| Cost or valuation
| At 01 April 24 | 31,934 |  | 31,934
| Additions | 6,994 |  | 6,994
| At 31 March 25 | 38,928 |  | 38,928
| Net book value
| At 31 March 25 | 38,928 |  | 38,928
| At 31 March 24 | 31,934 |  | 31,934

4. | Tangible fixed assets
--- | ---

|  | Plant & machinery |  | Vehicles |  | Office Equipment |  | Total
--- | --- | --- | --- | --- | --- | --- | --- | ---
|  | £ |  | £ |  | £ |  | £
| Cost or valuation
| At 01 April 24 | 51,753 |  | 317,372 |  | 1,119 |  | 370,244
| Additions | 14,725 |  | 23,000 |  | 440 |  | 38,165
| At 31 March 25 | 66,478 |  | 340,372 |  | 1,559 |  | 408,409
| Depreciation and impairment
| At 01 April 24 | 36,823 |  | 196,211 |  | 971 |  | 234,005
| Charge for year | 8,546 |  | 19,324 |  | 161 |  | 28,031
| At 31 March 25 | 45,369 |  | 215,535 |  | 1,132 |  | 262,036
| Net book value
| At 31 March 25 | 21,109 |  | 124,837 |  | 427 |  | 146,373
| At 31 March 24 | 14,930 |  | 121,161 |  | 148 |  | 136,239

5. | Creditors: amounts due within one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Trade creditors / trade payables | 10,422 |  | 6,730
| Bank borrowings and overdrafts | 10,648 |  | 10,648
| Taxation and social security | 6,372 |  | 8,269
| Other creditors | 132,471 |  | 125,548
| Accrued liabilities and deferred income | 1,862 |  | 1,773
| Total | 161,775 |  | 152,968

| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

6. | Creditors: amounts due after one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Bank borrowings and overdrafts | 3,301 |  | 13,463
| Total | 3,301 |  | 13,463

7. | Provisions for liabilities
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Net deferred tax liability (asset) | 24,076 |  | 20,191
| Total | 24,076 |  | 20,191

8. | Related party transactions
--- | ---
| As at the balance sheet date the company owed its director £101,498 (2021: £103,025). No interest is charged and the amount is repayable in full on demand.