Caseware UK (AP4) 2024.0.164 2024.0.164 2025-02-28 2025-02-28 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.Other Construction Installation 2024-03-01 3 false 3 true true false 08422003 2024-03-01 2025-02-28 08422003 2023-03-01 2024-02-29 08422003 2025-02-28 08422003 2024-02-29 08422003 c:Director1 2024-03-01 2025-02-28 08422003 c:RegisteredOffice 2024-03-01 2025-02-28 08422003 d:PlantMachinery 2024-03-01 2025-02-28 08422003 d:PlantMachinery 2025-02-28 08422003 d:PlantMachinery 2024-02-29 08422003 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-03-01 2025-02-28 08422003 d:MotorVehicles 2024-03-01 2025-02-28 08422003 d:MotorVehicles 2025-02-28 08422003 d:MotorVehicles 2024-02-29 08422003 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-03-01 2025-02-28 08422003 d:OfficeEquipment 2024-03-01 2025-02-28 08422003 d:OfficeEquipment 2025-02-28 08422003 d:OfficeEquipment 2024-02-29 08422003 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-03-01 2025-02-28 08422003 d:OwnedOrFreeholdAssets 2024-03-01 2025-02-28 08422003 d:Goodwill 2024-03-01 2025-02-28 08422003 d:Goodwill 2025-02-28 08422003 d:Goodwill 2024-02-29 08422003 d:CurrentFinancialInstruments 2025-02-28 08422003 d:CurrentFinancialInstruments 2024-02-29 08422003 d:Non-currentFinancialInstruments 2025-02-28 08422003 d:Non-currentFinancialInstruments 2024-02-29 08422003 d:CurrentFinancialInstruments d:WithinOneYear 2025-02-28 08422003 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 08422003 d:Non-currentFinancialInstruments d:AfterOneYear 2025-02-28 08422003 d:Non-currentFinancialInstruments d:AfterOneYear 2024-02-29 08422003 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2025-02-28 08422003 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-02-29 08422003 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2025-02-28 08422003 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-02-29 08422003 d:ShareCapital 2025-02-28 08422003 d:ShareCapital 2024-02-29 08422003 d:RetainedEarningsAccumulatedLosses 2025-02-28 08422003 d:RetainedEarningsAccumulatedLosses 2024-02-29 08422003 c:OrdinaryShareClass1 2024-03-01 2025-02-28 08422003 c:OrdinaryShareClass1 2025-02-28 08422003 c:OrdinaryShareClass1 2024-02-29 08422003 c:FRS102 2024-03-01 2025-02-28 08422003 c:AuditExemptWithAccountantsReport 2024-03-01 2025-02-28 08422003 c:FullAccounts 2024-03-01 2025-02-28 08422003 c:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 08422003 d:HirePurchaseContracts d:WithinOneYear 2025-02-28 08422003 d:HirePurchaseContracts d:WithinOneYear 2024-02-29 08422003 d:HirePurchaseContracts d:BetweenOneFiveYears 2025-02-28 08422003 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-02-29 08422003 d:AcceleratedTaxDepreciationDeferredTax 2025-02-28 08422003 d:AcceleratedTaxDepreciationDeferredTax 2024-02-29 08422003 2 2024-03-01 2025-02-28 08422003 e:PoundSterling 2024-03-01 2025-02-28 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 08422003 DARREN BETTS LTD UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 28 FEBRUARY 2025
DARREN BETTS LTD COMPANY INFORMATION
Director | Darren Betts
Registered number | 08422003
Registered office | 12 Church Street
| Cromer
| Norfolk
| NR27 9ER
Accountants | MA Partners LLP
| Chartered Accountants
| 12 Church Street
| Cromer
| Norfolk
| NR27 9ER
DARREN BETTS LTD CONTENTS
| Page
Accountants' Report | 1
Balance Sheet | 2 - 3
Notes to the Financial Statements | 4 - 11
DARREN BETTS LTD CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF DARREN BETTS LTD FOR THE YEAR ENDED 28 FEBRUARY 2025 In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Darren Betts Ltd for the year ended 28 February 2025 which comprise the Balance Sheet and the related notes from the Company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation. This report is made solely to the director of Darren Betts Ltd in accordance with the terms of our engagement letter dated April 2020. Our work has been undertaken solely to prepare for your approval the financial statements of Darren Betts Ltd and state those matters that we have agreed to state to the director of Darren Betts Ltd in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Darren Betts Ltd and its director for our work or for this report. It is your duty to ensure that Darren Betts Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Darren Betts Ltd. You consider that Darren Betts Ltd is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or review of the financial statements of Darren Betts Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. MA Partners LLP Chartered Accountants 12 Church Street Cromer Norfolk NR27 9ER 20 November 2025 Page 1
DARREN BETTS LTD REGISTERED NUMBER: 08422003 BALANCE SHEET AS AT 28 FEBRUARY 2025
|  | 28 February |  | 29 February
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 5 |  | 7,141 |  | 347
|  |  | 7,141 |  | 347
Current assets |  |  |  |  |
Stocks | 6 | 3,209 |  | 3,056 |
Debtors: amounts falling due within one year | 7 | 20,362 |  | 20,796 |
|  | 23,571 |  | 23,852 |
Creditors: amounts falling due within one year | 8 | (18,580) |  | (17,307) |
Net current assets |  |  | 4,991 |  | 6,545
Total assets less current liabilities |  |  | 12,132 |  | 6,892
Creditors: amounts falling due after more than one year | 9 |  | (7,071) |  | (2,790)
Provisions for liabilities |  |  |  |  |
Deferred tax | 12 | (1,356) |  | (66) |
|  |  | (1,356) |  | (66)
Net assets |  |  | 3,705 |  | 4,036
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 100 |  | 100
Profit and loss account |  |  | 3,605 |  | 3,936
|  |  | 3,705 |  | 4,036
Page 2
DARREN BETTS LTD REGISTERED NUMBER: 08422003 BALANCE SHEET (CONTINUED) AS AT 28 FEBRUARY 2025 The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities. The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf on 20 November 2025.
................................................ Darren Betts
Director
The notes on pages 4 to 11 form part of these financial statements. Page 3
DARREN BETTS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025
1. | General information
The Company is a United Kingdom company limited by shares. It is both incorporated and domiciled in England and Wales. The address of its registered office is 12 Church Street, Cromer, Norfolk, NR27 9ER. The company's principal activity is that of home construction and installations. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies. The following principal accounting policies have been applied:
| 2.2 | Revenue
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised: Rendering of services Revenue from a contract to provide services for building and construction and home improvements is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: • the amount of revenue can be measured reliably; • it is probable that the Company will receive the consideration due under the contract; • the stage of completion of the contract at the end of the reporting period can be measured reliably; and • the costs incurred and the costs to complete the contract can be measured reliably.
| 2.3 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.4 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred. Page 4
DARREN BETTS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025 2.Accounting policies (continued)
| 2.5 | Current and deferred taxation
The tax expense for the year comprises current and deferred tax. Deferred tax balances are recognised in respect of timing differences that have originated but not reversed by the balance sheet date. Current and deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
| 2.6 | Intangible assets
Goodwill Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Statement of Income and Retained Earnings over its useful economic life. Other intangible assets Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.
| 2.7 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis. Depreciation is provided on the following basis:
|  |  |  | Plant and machinery | - | 20% | reducing balance
|  |  |  | Motor vehicles | - | 25% | reducing balance
|  |  |  | Office equipment | - | 25% | reducing balance
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss. Page 5
DARREN BETTS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025 2.Accounting policies (continued)
| 2.8 | Stocks
Stocks are valued at the lower of cost and estimate selling price less costs to complete and sell. Costs, which comprise of direct production costs, are based on the method most appropriated to the type of inventory class, but usually on a first in first ou basis. Overheads are charged to profit and loss as incurred. Estimated selling price less costs to complete and sell is based on the estimated selling price of the goods less any estimated completion or selling costs likely to be incurred in the sale. When stocks are sold, the carrying amount of those stocks is recognised as an expenses in the period in which the related revenue is recognised.
| 2.9 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
| 2.10 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
3. | Employees
| The average monthly number of employees, including directors, during the year was 3 (2024 - 3).
Page 6
DARREN BETTS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025
4. | Intangible assets
|  | Goodwill
|  | £
| Cost |
| At 1 March 2024 | 8,646
| At 28 February 2025 | 8,646
| Amortisation |
| At 1 March 2024 | 8,646
| At 28 February 2025 | 8,646
| Net book value |
| At 28 February 2025 | -
| At 29 February 2024 | -
Page 7
DARREN BETTS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025
5. | Tangible fixed assets
|  | Plant and machinery | Motor vehicles | Office equipment | Total
|  | £ | £ | £ | £
| Cost or valuation |  |  |  |
| At 1 March 2024 | 478 | 3,000 | 19 | 3,497
| Additions | 482 | 8,333 | 323 | 9,138
| At 28 February 2025 | 960 | 11,333 | 342 | 12,635
| Depreciation |  |  |  |
| At 1 March 2024 | 355 | 2,776 | 19 | 3,150
| Charge for the year on owned assets | 123 | 2,140 | 81 | 2,344
| At 28 February 2025 | 478 | 4,916 | 100 | 5,494
| Net book value |  |  |  |
| At 28 February 2025 | 482 | 6,417 | 242 | 7,141
| At 29 February 2024 | 123 | 224 | - | 347
6. | Stocks
|  |  |  |  | 28 February | 29 February
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Raw materials and consumables | 3,209 | 3,056
|  | 3,209 | 3,056
Page 8
DARREN BETTS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025
7. | Debtors
|  |  |  |  | 28 February | 29 February
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other debtors | 20,362 | 20,796
|  | 20,362 | 20,796
8. | Creditors: Amounts falling due within one year
|  |  |  |  | 28 February | 29 February
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank overdrafts | 6,803 | 3,901
| Bank loans | 2,087 | 2,033
| Trade creditors | 2,649 | 1,840
| Corporation tax | 3,213 | 5,632
| Other taxation and social security | 261 | 1,647
| Obligations under finance lease and hire purchase contracts | 1,172 | -
| Other creditors | 1,241 | 1,241
| Accruals and deferred income | 1,154 | 1,013
|  | 18,580 | 17,307
9. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 28 February | 29 February
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 706 | 2,790
| Net obligations under finance leases and hire purchase contracts | 6,365 | -
|  | 7,071 | 2,790
Page 9
DARREN BETTS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025
10. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 28 February | 29 February
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts falling due within one year |  |
| Bank loans | 2,084 | 2,032
|  | 2,084 | 2,032
| Amounts falling due 1-2 years |  |
| Bank loans | 706 | 2,084
|  | 706 | 2,084
| Amounts falling due 2-5 years |  |
| Bank loans | - | 706
|  | - | 706
|  | 2,790 | 4,822
11. | Hire purchase and finance leases
|  |  |  |  | 28 February | 29 February
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Within one year | 1,172 | -
| Between 1-5 years | 6,365 | -
|  | 7,537 | -
12. | Deferred taxation
Page 10
DARREN BETTS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025 12.Deferred taxation (continued)
|  | 2025
|  | £
| At beginning of year | (66)
| Charged to profit or loss | (1,291)
| At end of year | (1,357)
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 28 February | 29 February
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Accelerated capital allowances | (1,357) | (66)
|  | (1,357) | (66)
13. | Share capital
|  |  |  |  | 28 February | 29 February
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 100 (2024 - 100) Ordinary shares of £1.00 each | 100 | 100
14. | Pension commitments
The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £190 (2024: £190).
15. | Related party transactions
| At the year end, the company was owed £15,370 by the direcotrs (2024: £15,695), shown within other debtors in note 7 to the financial statements.
Page 11