| DAVIES JOHN ACCOUNTANTS LIMITED |
| Registered Number:07248959 |
For the year ended 31 May 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 May 2025
DAVIES JOHN ACCOUNTANTS LIMITED
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
DAVIES JOHN ACCOUNTANTS LIMITED
Statement of Financial Position
2024
2025
1,500
1,500
2
| Property, plant and equipment |
1,990
2,426
3
3,490
3,926
5,650
5,650
4
| Trade and other receivables |
5,745
-
5
6,534
| Cash and cash equivalents |
21,364
27,014
17,929
| Trade and other payables: amounts falling due within one |
| year |
-
(11,307)
6
17,929
15,707
Net current assets
| Total assets less current liabilities |
19,197
21,855
19,197
Net assets
21,855
9,845
12,503
9,352
9,352
19,197
21,855
Shareholders' funds
| For the year ended 31 May 2025 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
| The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| JANE PATRICIA SMITH Director |
| These financial statements were approved and authorised for issue by the Board on 06 January 2026 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 May 2025
DAVIES JOHN ACCOUNTANTS LIMITED
Notes to the Financial Statements
Statutory Information
| DAVIES JOHN ACCOUNTANTS LIMITED is a private limited company, limited by shares, domiciled in England and |
| Wales, registration number 07248959. |
TIMES BUILDING
SOUTH CRESCENT
LLANDRINDOD WELLS
LD1 5DH
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Goodwill
| Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of 0 years. |
Intangible assets
| Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Motor vehicles
Inventories
| Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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For the year ended 31 May 2025
DAVIES JOHN ACCOUNTANTS LIMITED
Notes to the Financial Statements Continued
| 2. Intangible fixed assets |
Goodwill
1,500
1,500
1,500
1,500
| 3. Property, plant and equipment |
Motor vehicles
7,500
7,500
| Provision for depreciation and impairment |
5,074
Charge for year
436
5,510
1,990
2,426
2024
2025
5,650
5,650
| 5. Trade and other receivables |
2024
2025
-
5,745
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For the year ended 31 May 2025
DAVIES JOHN ACCOUNTANTS LIMITED
Notes to the Financial Statements Continued
| 6. Trade and other payables: amounts falling due within one year |
2024
2025
11,307
-
| 7. Average number of persons employed |
During the year the average number of employees was 0
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