Registration number: 07202774

The Anchor (Danbury) Limited

trading as The Anchor

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 8

The Anchor (Danbury) Limited

trading as The Anchor

(Registration number: 07202774)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	63,613	61,368
Current assets
Stocks	5	13,455	12,448
Debtors	6	52,177	57,924
Cash at bank and in hand		110,391	252,756
		176,023	323,128
Creditors: Amounts falling due within one year	7	(165,605)	(175,125)
Net current assets		10,418	148,003
Total assets less current liabilities		74,031	209,371
Creditors: Amounts falling due after more than one year	7	-	(898)
Provisions for liabilities		(12,086)	(11,660)
Net assets		61,945	196,813
Capital and reserves
Called up share capital		100	100
Retained earnings		61,845	196,713
Shareholders' funds		61,945	196,813

The Anchor (Danbury) Limited

trading as The Anchor

(Registration number: 07202774)
Balance Sheet as at 31 March 2025

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 9 May 2025 and signed on its behalf by:
 

......................................... Mr N A Cook Director ......................................... Mr M S Freund Director

......................................... Mrs S P Freund Director

......................................... Mrs L V Cook Director

The Anchor (Danbury) Limited

trading as The Anchor

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
1st Floor
143 Connaught Avenue
Frinton On Sea
Essex
CO13 9AB
United Kingdom

These financial statements were authorised for issue by the Board on 9 May 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The Anchor (Danbury) Limited

trading as The Anchor

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	10% Reducing balance
Fixtures and fittings	20% Reducing balance
Motor vehicles	25% Reducing balance

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

The Anchor (Danbury) Limited

trading as The Anchor

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 34 (2024 - 36).

The Anchor (Danbury) Limited

trading as The Anchor

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Plant and Machinery £	Total £
Cost or valuation
At 1 April 2024	53,103	9,680	99,443	162,226
Additions	9,426	-	1,271	10,697
At 31 March 2025	62,529	9,680	100,714	172,923
Depreciation
At 1 April 2024	36,944	8,808	55,106	100,858
Charge for the year	3,653	218	4,581	8,452
At 31 March 2025	40,597	9,026	59,687	109,310
Carrying amount
At 31 March 2025	21,932	654	41,027	63,613
At 31 March 2024	16,159	872	44,337	61,368

5

Stocks

	2025 £	2024 £
Finished goods and goods for resale	13,455	12,448

6

Debtors

Current	2025 £	2024 £
Trade debtors	40,000	-
Prepayments	1,152	700
Other debtors	11,025	57,224
	52,177	57,924

The Anchor (Danbury) Limited

trading as The Anchor

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	4,659	27,961
Trade creditors		49,945	79,092
Taxation and social security		53,976	63,952
Accruals and deferred income		24,556	2,556
Other creditors		32,469	1,564
		165,605	175,125

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	-	898

8	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	-	898

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	4,659	27,961

The Anchor (Danbury) Limited

trading as The Anchor

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

9	Related party transactions

Transactions with directors

2025	At 1 April 2024 £	Repayments by director £	At 31 March 2025 £
Mr N A Cook
	19,645	19,645	-
Mrs S P Freund
	5,561	5,561	-
Mrs L V Cook
	18,346	18,346	-
Mr M S Freund
	2,397	2,397	-

2024	At 1 April 2023 £	Advances to director £	At 31 March 2024 £
Mr N A Cook
	-	19,645	19,645
Mrs S P Freund
	-	5,561	5,561
Mrs L V Cook
	-	18,346	18,346
Mr M S Freund
	-	2,397	2,397