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Registered number: 06312268
Davids of London Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2025
NexTax Advisors and Consultants Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06312268
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 2,500 2,500
Tangible Assets 5 1,145,247 617,884
1,147,747 620,384
CURRENT ASSETS
Debtors 6 84,280 147,198
Cash at bank and in hand 516 105,491
84,796 252,689
Creditors: Amounts Falling Due Within One Year 7 (574,047 ) (578,952 )
NET CURRENT ASSETS (LIABILITIES) (489,251 ) (326,263 )
TOTAL ASSETS LESS CURRENT LIABILITIES 658,496 294,121
Creditors: Amounts Falling Due After More Than One Year 8 (598,624 ) (295,047 )
NET ASSETS/(LIABILITIES) 59,872 (926 )
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 59,772 (1,026 )
SHAREHOLDERS' FUNDS 59,872 (926)
Page 1
Page 2
For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr David Oliveria Teixeira
Director
30/04/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Davids of London Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06312268 . The registered office is Office 9 Access Offices, , 21 Effie Road, , London, SW6 1EN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 25%
Fixtures & Fittings 25%
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 15 (2024: 15)
15 15
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4. Intangible Assets
Goodwill
£
Cost
As at 1 August 2024 2,500
As at 31 July 2025 2,500
Net Book Value
As at 31 July 2025 2,500
As at 1 August 2024 2,500
5. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 August 2024 1,034,509 35,449 1,069,958
Additions 863,300 - 863,300
Disposals (376,139 ) - (376,139 )
As at 31 July 2025 1,521,670 35,449 1,557,119
Depreciation
As at 1 August 2024 425,312 26,762 452,074
Provided during the period 158,872 2,172 161,044
Disposals (201,246 ) - (201,246 )
As at 31 July 2025 382,938 28,934 411,872
Net Book Value
As at 31 July 2025 1,138,732 6,515 1,145,247
As at 1 August 2024 609,197 8,687 617,884
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 50,003 104,792
Other debtors 34,277 42,406
84,280 147,198
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7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 370,989 323,324
Trade creditors 50,132 51,792
Bank loans and overdrafts - 15,000
Other creditors 81,460 122,807
Taxation and social security 71,466 66,029
574,047 578,952
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 536,374 232,797
Bank loans 12,250 12,250
Other loans 50,000 50,000
598,624 295,047
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 370,989 323,324
Later than one year and not later than five years 536,374 232,797
907,363 556,121
907,363 556,121
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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