REGISTERED NUMBER: 03753294 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

DROITWICH BROKERAGE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C R Hill

REGISTERED OFFICE:

Hanbury Wharf

Droitwich

Worcestershire

WR9 7DU

REGISTERED NUMBER:

03753294 (England and Wales)

ACCOUNTANTS:

Neuhoff & Co

Chartered Accountants

Claydons Barns

11 Towcester Road

Whittlebury

Northamptonshire

NN12 8XU

BANKERS:

Barclays Bank PLC

Worcester High Street

Worcester

Worcestershire

WR1

FIXED ASSETS

Tangible assets

4

24,845

37,959

CURRENT ASSETS

Debtors

5

563,362

770,568

Cash at bank and in hand

72,565

42,280

635,927

812,848

CREDITORS

Amounts falling due within one year

6

(411,329

)

(568,981

)

NET CURRENT ASSETS

224,598

243,867

TOTAL ASSETS LESS CURRENT LIABILITIES

249,443

281,826

CREDITORS

Amounts falling due after more than one year

7

(120,146

)

(143,139

)

NET ASSETS

129,297

138,687

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

129,197

138,587

SHAREHOLDERS' FUNDS

129,297

138,687

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 22 December 2025 and were signed by:

C R Hill - Director

1.	STATUTORY INFORMATION

Droitwich Brokerage 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.	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

-

25% on cost, 25% on reducing balance and at varying rates on cost

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors, loans from banks and other third parties, loans to related third parties and investments in non-puttable ordinary shares.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

85,919

47,217

133,136

Additions

-

105

105

At 31 March 2025

85,919

47,322

133,241

DEPRECIATION

At 1 April 2024

59,455

35,722

95,177

Charge for year

7,967

5,252

13,219

At 31 March 2025

67,422

40,974

108,396

NET BOOK VALUE

At 31 March 2025

18,497

6,348

24,845

At 31 March 2024

26,464

11,495

37,959

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

24,661

30,875

Other debtors

538,701

739,693

563,362

770,568

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

50,000

50,000

Hire purchase contracts (see note 8)

-

3,634

Trade creditors

164,963

249,214

Taxation and social security

8,466

22,554

Other creditors

187,900

243,579

411,329

568,981

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

21,736

24,576

Other creditors

98,410

118,563

120,146

143,139

8.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

-

3,634

The company had total commitments of £81,081 (2024-£159,175) under the full term of operating leases as at 31 March 2025, of which £75,773 was due within one year (2024 - £75,773).

9.	RELATED PARTY DISCLOSURES