BrightAccountsProduction v1.0.0 v1.0.0 2024-04-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts Other letting and operating of own or leased real estate. 23 December 2025 0 0 08944048 2025-03-31 08944048 2024-03-31 08944048 2023-03-31 08944048 2024-04-01 2025-03-31 08944048 2023-04-01 2024-03-31 08944048 uk-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08944048 uk-curr:PoundSterling 2024-04-01 2025-03-31 08944048 uk-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 08944048 uk-bus:FullAccounts 2024-04-01 2025-03-31 08944048 uk-bus:Director1 2024-04-01 2025-03-31 08944048 uk-bus:Director2 2024-04-01 2025-03-31 08944048 uk-bus:RegisteredOffice 2024-04-01 2025-03-31 08944048 uk-bus:Agent1 2024-04-01 2025-03-31 08944048 uk-core:ShareCapital 2025-03-31 08944048 uk-core:ShareCapital 2024-03-31 08944048 uk-core:RetainedEarningsAccumulatedLosses 2025-03-31 08944048 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 08944048 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-03-31 08944048 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-03-31 08944048 uk-bus:FRS102 2024-04-01 2025-03-31 08944048 uk-core:PlantMachinery 2024-04-01 2025-03-31 08944048 uk-core:FurnitureFittingsToolsEquipment 2024-04-01 2025-03-31 08944048 uk-core:MotorVehicles 2024-04-01 2025-03-31 08944048 uk-core:OtherPropertyPlantEquipment 2024-04-01 2025-03-31 08944048 uk-core:CostValuation 2025-03-31 08944048 uk-core:CurrentFinancialInstruments 2025-03-31 08944048 uk-core:CurrentFinancialInstruments 2024-03-31 08944048 uk-core:WithinOneYear 2025-03-31 08944048 uk-core:WithinOneYear 2024-03-31 08944048 uk-core:EmployeeBenefits 2024-03-31 08944048 uk-core:EmployeeBenefits 2024-04-01 2025-03-31 08944048 uk-core:AcceleratedTaxDepreciationDeferredTax 2025-03-31 08944048 uk-core:TaxLossesCarry-forwardsDeferredTax 2025-03-31 08944048 uk-core:OtherDeferredTax 2025-03-31 08944048 uk-core:RevaluationPropertyPlantEquipmentDeferredTax 2025-03-31 08944048 uk-core:EmployeeBenefits 2025-03-31 08944048 2024-04-01 2025-03-31 08944048 uk-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 xbrli:pure iso4217:GBP xbrli:shares
Company Registration Number: 08944048
 
 
Donbros Developments Limited
 
Unaudited Financial Statements
 
for the financial year ended 31 March 2025
Donbros Developments Limited
DIRECTORS AND OTHER INFORMATION

 
Directors Mr Patrick Brendan Donegan
Miss Gabriella Maria Power
 
 
Company Registration Number 08944048
 
 
Registered Office 5 West Court
Enterprise Road
Maidstone
Kent
ME15 6JD
 
 
Accountants Henry Reeves and Co
Chartered Certified Accountants
5 West Court
Enterprise Road
Maidstone
Kent
ME15 6JD
GB



Donbros Developments Limited
Company Registration Number: 08944048
BALANCE SHEET
as at 31 March 2025

2025 2024
Notes £ £
 
Fixed Assets
Tangible assets 5 247,925 249,621
Investments 6 2 2
───────── ─────────
Fixed Assets 247,927 249,623
───────── ─────────
 
Current Assets
Stocks 7 2,881,932 3,377,043
Debtors 8 118,502 101,086
Cash and cash equivalents 554,333 34,300
───────── ─────────
3,554,767 3,512,429
───────── ─────────
Creditors: amounts falling due within one year 9 (4,009,371) (3,885,379)
───────── ─────────
Net Current Liabilities (454,604) (372,950)
───────── ─────────
Total Assets less Current Liabilities (206,677) (123,327)
 
Provisions for liabilities 11 (1,357) 1,896
───────── ─────────
Net Liabilities (208,034) (121,431)
═════════ ═════════
 
Capital and Reserves
Called up share capital 2 2
Retained earnings (208,036) (121,433)
───────── ─────────
Equity attributable to owners of the company (208,034) (121,431)
═════════ ═════════
 
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 company has taken advantage of the exemption under section 444 not to file the Profit and Loss Account and Directors' Report.
           
For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Board and authorised for issue on 23 December 2025 and signed on its behalf by
           
           
________________________________          
Mr Patrick Brendan Donegan          
Director          
           



Donbros Developments Limited
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2025

   
1. General Information
 
Donbros Developments Limited is a company limited by shares incorporated and registered in the United Kingdom. The registered number of the company is 08944048. The registered office of the company is 5 West Court, Enterprise Road, Maidstone, Kent, ME15 6JD. Other letting and operating of own or leased real estate. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 31 March 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Tangible assets and depreciation
Tangible assets are stated at cost or at valuation, less accumulated depreciation. Cost comprises purchase price and other directly attributable costs. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
 
  Plant and machinery - 25% Straight line
  Fixtures, fittings and equipment - 25% Straight line
  Motor vehicles - 25% Straight line
  Computer equipment - 25% Straight line
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Investment properties

Investment property is property held either to earn rental income, or for capital appreciation (including future re-development) or for both, but not for sale in the ordinary course of business.

Investment property is initially measured at cost, which includes the purchase cost and any directly attributable expenditure. Investment property is subsequently valued at its fair value at each reporting date, by professional external valuers. The difference between the fair value of an investment property at the reporting date and its carrying value prior to the valuation is recognised in the Profit and Loss Account as a fair value gain or loss. Any gain or loss on disposal of an investment property (calculated as the difference between the net proceeds from disposal and the carrying amount of the item) is recognised in the Profit and Loss Account.

 
Investments
Investments held as fixed assets are stated at cost less provision for any permanent diminution in value. Income from other investments together with any related tax credit is recognised in the Profit and Loss Account in the financial year in which it is receivable.
 
Stocks
Stocks are valued at the lower of cost and net realisable value. Stocks are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition.  Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Provisions
Provisions are recognised when the company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the same value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as interest expense.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Employee benefits
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.
 
Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.

 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
   
3. Critical Accounting Judgements and Estimates
 

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

       
4. Employees
 
The average monthly number of employees, including directors, during the financial year was 6, (2024 - 4).

               
5. Tangible assets
  Investment Plant and Fixtures, Motor Computer Total
  properties machinery fittings and vehicles equipment  
      equipment      
  £ £ £ £ £ £
Cost
At 1 April 2024 240,783 50,011 3,540 24,750 - 319,084
Additions - - - - 4,189 4,189
  ───────── ───────── ───────── ───────── ───────── ─────────
At 31 March 2025 240,783 50,011 3,540 24,750 4,189 323,273
  ───────── ───────── ───────── ───────── ───────── ─────────
Depreciation
At 1 April 2024 - 42,058 2,655 24,750 - 69,463
Charge for the financial year - 3,953 885 - 1,047 5,885
  ───────── ───────── ───────── ───────── ───────── ─────────
At 31 March 2025 - 46,011 3,540 24,750 1,047 75,348
  ───────── ───────── ───────── ───────── ───────── ─────────
Net book value
At 31 March 2025 240,783 4,000 - - 3,142 247,925
  ═════════ ═════════ ═════════ ═════════ ═════════ ═════════
At 31 March 2024 240,783 7,953 885 - - 249,621
  ═════════ ═════════ ═════════ ═════════ ═════════ ═════════

       
6. Investments
  Group and Total
  participating  
  interests/  
  joint ventures  
Investments £ £
Cost
 
At 31 March 2025 2 2
  ───────── ─────────
Net book value
At 31 March 2025 2 2
  ═════════ ═════════
At 31 March 2024 2 2
  ═════════ ═════════
       
7. Stocks 2025 2024
  £ £
 
Finished goods and goods for resale 2,881,932 3,377,043
  ═════════ ═════════
 
The replacement cost of stock did not differ significantly from the figures shown.
       
8. Debtors 2025 2024
  £ £
 
Amounts owed by related parties 99,929 98,541
Taxation  (Note 10) 18,258 1,754
Prepayments and accrued income 315 791
  ───────── ─────────
  118,502 101,086
  ═════════ ═════════
       
9. Creditors 2025 2024
Amounts falling due within one year £ £
 
Trade creditors 26,476 13,719
Amounts owed to related parties (Note 12) - 3,456,560
Directors' current accounts 3,971,563 387,295
Other creditors 7,282 16,555
Accruals 4,050 11,250
  ───────── ─────────
  4,009,371 3,885,379
  ═════════ ═════════
       
10. Taxation 2025 2024
  £ £
 
Debtors:
VAT 18,258 1,754
  ═════════ ═════════
         
11. Provisions for liabilities
 
The amounts provided for deferred taxation are analysed below:
 
  Capital Total Total
  allowances    
       
    2025 2024
  £ £ £
 
At financial year start (1,896) (1,896) 2,467
Charged to profit and loss 3,253 3,253 (4,363)
  ───────── ───────── ─────────
At financial year end 1,357 1,357 (1,896)
  ═════════ ═════════ ═════════
           
12. Related party transactions
 
Net balances with related parties:
      2025 2024
      £ £
 
Trading amounts (due from)/owed to related parties     (99,929) 3,358,019
      ═════════ ═════════
 

Included in creditors due within one year is an amount of £3,456,560 (2024: £3,456,560) due to Donbros Limited , a company in which Patrick Donegan is also a director and shareholder.

Included in debtors due within one year is an amount of £98,541 (2024: £98,541) due from Donbros Rentals Ltd, a company in which Patrick Donegan is also a director and shareholder.

Included in debtors due within one year is an amount of £1,388 (2024: £Nil) due from Purdy & Power Ltd, a company in which Gabriella Power is also a director and shareholder.

   
13. Directors' advances, credits and guarantees
 
Included in other creditors is an amount of £515,003 (2024: £387,295) due to Mr P Donegan and Ms G Power in respect of their director's loan accounts'. These loans are interest free, unsecured, and repayable on demand.