REGISTERED NUMBER: 03892654 (England and Wales)

Financial Statements

for the Year Ended 31st March 2025

for

De Metz Forbes Knight Architects Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J De Metz

P G Forbes

B I Knight

SECRETARY:

P G Forbes

REGISTERED OFFICE:

38 Dollar Street

Cirencester

Gloucestershire

GL7 2AN

REGISTERED NUMBER:

03892654 (England and Wales)

FIXED ASSETS

Tangible assets

4

310,464

424,420

CURRENT ASSETS

Debtors

5

1,165,082

1,106,045

Cash at bank

1,241,568

863,854

2,406,650

1,969,899

CREDITORS

Amounts falling due within one year

6

794,678

619,851

NET CURRENT ASSETS

1,611,972

1,350,048

TOTAL ASSETS LESS CURRENT LIABILITIES

1,922,436

1,774,468

CREDITORS

Amounts falling due after more than one year

7

-

(68,895

)

PROVISIONS FOR LIABILITIES

(35,969

)

(58,509

)

NET ASSETS

1,886,467

1,647,064

CAPITAL AND RESERVES

Called up share capital

300

200

Share premium

400

-

Retained earnings

1,885,767

1,646,864

SHAREHOLDERS' FUNDS

1,886,467

1,647,064

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 30th December 2025 and were signed on its behalf by:

P G Forbes - Director

1.	STATUTORY INFORMATION

De Metz Forbes Knight Architects 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.

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

-

33% on cost, 25% on cost and 10% on cost

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

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 45 (2024 - 45 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st April 2024

674,015

Additions

16,691

At 31st March 2025

690,706

DEPRECIATION

At 1st April 2024

249,595

Charge for year

130,647

At 31st March 2025

380,242

NET BOOK VALUE

At 31st March 2025

310,464

At 31st March 2024

424,420

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,030,085

677,583

Other debtors

134,997

428,462

1,165,082

1,106,045

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

58,224

Trade creditors

8,000

-

Taxation and social security

683,461

472,987

Other creditors

103,217

88,640

794,678

619,851

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

68,895

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

-

127,119

The company repaid it's loan to Coutts in full during the year ended 31st March 2025.

9.	OTHER FINANCIAL COMMITMENTS

At 31st March 2025 the company had total commitments under operating lease agreement over the remaining life of those leases amounting to £616,901 (2024 - £653,609).