REGISTERED NUMBER: 06003182 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

FOR

DISCOVERY SALES & LETTINGS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Miss Eleanor Kate Greenwood

REGISTERED OFFICE:

Morgan Reach House

136 Hagley Road

Birmingham

West Midlands

B16 9NX

REGISTERED NUMBER:

06003182 (England and Wales)

FIXED ASSETS

Tangible assets

4

55,022

72,861

CURRENT ASSETS

Debtors

5

109,150

83,840

Investments

6

70,000

-

Cash at bank

39,808

49,286

218,958

133,126

CREDITORS

Amounts falling due within one year

7

67,573

35,928

NET CURRENT ASSETS

151,385

97,198

TOTAL ASSETS LESS CURRENT LIABILITIES

206,407

170,059

CREDITORS

Amounts falling due after more than one year

8

63,194

76,661

NET ASSETS

143,213

93,398

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

143,113

93,298

143,213

93,398

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 15 November 2025 and were signed by:

Miss Eleanor Kate Greenwood - Director

1.	STATUTORY INFORMATION

Discovery Sales & Lettings Ltd 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.

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.

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 3 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2024

80,888

Additions

1,111

At 30 April 2025

81,999

DEPRECIATION

At 1 May 2024

8,027

Charge for year

18,950

At 30 April 2025

26,977

NET BOOK VALUE

At 30 April 2025

55,022

At 30 April 2024

72,861

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Other debtors

109,150

83,840

6.	CURRENT ASSET INVESTMENTS

30.4.25

30.4.24

£

£

Unlisted investments

70,000

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans and overdrafts

8,687

8,200

Trade creditors

2,056

1,083

Taxation and social security

40,351

19,534

Other creditors

16,479

7,111

67,573

35,928

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans

-

8,883

Hire purchase contracts

63,194

67,778

63,194

76,661

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

8,883