REGISTERED NUMBER: 08663224 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

FOR

DURRANTS ACCOUNTANTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

I Bessant

REGISTERED OFFICE:

24 Wellington Business Park

Dukes Ride

Crowthorne

Berkshire

RG45 6LS

REGISTERED NUMBER:

08663224 (England and Wales)

ACCOUNTANTS:

Durrants, Chartered Accountants

24 Wellington Business Park

Dukes Ride

Crowthorne

Berkshire

RG45 6LS

FIXED ASSETS

Intangible assets

4

84,419

108,584

Tangible assets

5

62,015

35,212

146,434

143,796

CURRENT ASSETS

Debtors

6

247,506

242,176

Prepayments and accrued income

6,450

6,373

Cash at bank and in hand

300,379

243,090

554,335

491,639

CREDITORS

Amounts falling due within one year

7

188,361

139,827

NET CURRENT ASSETS

365,974

351,812

TOTAL ASSETS LESS CURRENT LIABILITIES

512,408

495,608

CREDITORS

Amounts falling due after more than one year

8

(15,604

)

(8,333

)

PROVISIONS FOR LIABILITIES

(15,504

)

(12,918

)

NET ASSETS

481,300

474,357

CAPITAL AND RESERVES

Called up share capital

50

50

Retained earnings

481,250

474,307

481,300

474,357

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

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

The director acknowledges his 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 5 May 2026 and were signed by:

I Bessant - Director

1.	STATUTORY INFORMATION

Durrants Accountants 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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 and 25% 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.

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of 10 years following on from a change in ownership in 2019.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 August 2024

and 31 July 2025

483,300

AMORTISATION

At 1 August 2024

374,716

Charge for year

24,165

At 31 July 2025

398,881

NET BOOK VALUE

At 31 July 2025

84,419

At 31 July 2024

108,584

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2024

143,716

Additions

48,787

Disposals

(34,001

)

At 31 July 2025

158,502

DEPRECIATION

At 1 August 2024

108,504

Charge for year

13,484

Eliminated on disposal

(25,501

)

At 31 July 2025

96,487

NET BOOK VALUE

At 31 July 2025

62,015

At 31 July 2024

35,212

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/7/25

31/7/24

£

£

Trade debtors

66,864

80,384

Other debtors

180,642

161,792

247,506

242,176

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/7/25

31/7/24

£

£

Bank loans and overdrafts

7,989

10,000

Hire purchase contracts

9,396

5,762

Trade creditors

(2,982

)

(2,982

)

Taxation and social security

71,596

94,958

Other creditors

102,362

32,089

188,361

139,827

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/7/25

31/7/24

£

£

Bank loans

-

8,333

Hire purchase contracts

15,604

-

15,604

8,333

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2025 and 31 July 2024:

31/7/25

31/7/24

£

£

I Bessant

Balance outstanding at start of year

(26,992

)

14,317

Amounts advanced

160,377

100,791

Amounts repaid

(230,000

)

(142,100

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(96,615

)

(26,992

)