Doran Scott Williams & Co Limited 03803848 false 2025-01-01 2025-12-31 2025-12-31 The principal activity of the company is management and training consultants to the financial services sector. Digita Accounts Production Advanced 6.30.9574.0 true 03803848 2025-01-01 2025-12-31 03803848 2025-12-31 03803848 core:CapitalRedemptionReserve 2025-12-31 03803848 core:RetainedEarningsAccumulatedLosses 2025-12-31 03803848 core:ShareCapital 2025-12-31 03803848 core:FinancialAssetsDesignatedFairValueThroughProfitOrLoss core:CurrentFinancialInstruments 2025-12-31 03803848 core:CurrentFinancialInstruments 2025-12-31 03803848 core:CurrentFinancialInstruments core:WithinOneYear 2025-12-31 03803848 core:FurnitureFittingsToolsEquipment 2025-12-31 03803848 core:MotorVehicles 2025-12-31 03803848 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2025-12-31 03803848 core:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2025-12-31 03803848 bus:SmallEntities 2025-01-01 2025-12-31 03803848 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 03803848 bus:FilletedAccounts 2025-01-01 2025-12-31 03803848 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 03803848 bus:RegisteredOffice 2025-01-01 2025-12-31 03803848 bus:Director2 2025-01-01 2025-12-31 03803848 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 03803848 core:FurnitureFittings 2025-01-01 2025-12-31 03803848 core:FurnitureFittingsToolsEquipment 2025-01-01 2025-12-31 03803848 core:MotorVehicles 2025-01-01 2025-12-31 03803848 core:OfficeEquipment 2025-01-01 2025-12-31 03803848 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2025-01-01 2025-12-31 03803848 core:KeyManagementPersonnel 2025-01-01 2025-12-31 03803848 core:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2025-01-01 2025-12-31 03803848 countries:England 2025-01-01 2025-12-31 03803848 2024-12-31 03803848 core:FurnitureFittingsToolsEquipment 2024-12-31 03803848 core:MotorVehicles 2024-12-31 03803848 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2024-12-31 03803848 core:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2024-12-31 03803848 2024-01-01 2024-12-31 03803848 2024-12-31 03803848 core:CapitalRedemptionReserve 2024-12-31 03803848 core:RetainedEarningsAccumulatedLosses 2024-12-31 03803848 core:ShareCapital 2024-12-31 03803848 core:FinancialAssetsDesignatedFairValueThroughProfitOrLoss core:CurrentFinancialInstruments 2024-12-31 03803848 core:CurrentFinancialInstruments 2024-12-31 03803848 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 03803848 core:CurrentFinancialInstruments core:WithinOneYear core:PreviouslyStatedAmount 2024-12-31 03803848 core:FurnitureFittingsToolsEquipment 2024-12-31 03803848 core:MotorVehicles 2024-12-31 03803848 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2024-12-31 03803848 core:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2024-12-31 03803848 core:PreviouslyStatedAmount 2024-12-31 03803848 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2024-01-01 2024-12-31 03803848 core:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2024-01-01 2024-12-31 03803848 2023-12-31 03803848 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2023-12-31 03803848 core:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2023-12-31 iso4217:GBP xbrli:pure

Registration number: 03803848

Doran Scott Williams & Co Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 December 2025

Doran Scott Williams & Co Limited

Contents

Balance Sheet | 1 to 2
Notes to the Unaudited Financial Statements | 3 to 10

Doran Scott Williams & Co Limited

(Registration number: 03803848)
Balance Sheet as at 31 December 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 58,107 | 93,240
Current assets |  |  |
Debtors | 6 | 6,746,485 | 5,865,852
Other financial assets | 5 | 600,851 | 572,945
Cash at bank and in hand |  | 2,595,065 | 1,549,570
|  | 9,942,401 | 7,988,367
Creditors: Amounts falling due within one year | 7 | (3,210,004) | (3,268,689)
Net current assets |  | 6,732,397 | 4,719,678
Total assets less current liabilities |  | 6,790,504 | 4,812,918
Provisions for liabilities |  | (4,811) | (12,773)
Net assets |  | 6,785,693 | 4,800,145
Capital and reserves |  |  |
Called up share capital |  | 90 | 90
Capital redemption reserve |  | 10 | 10
Retained earnings |  | 6,785,593 | 4,800,045
Shareholders' funds |  | 6,785,693 | 4,800,145

For the financial year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Doran Scott Williams & Co Limited

(Registration number: 03803848)
Balance Sheet as at 31 December 2025

Approved and authorised by the Board on 6 May 2026 and signed on its behalf by:

......................................... Mr P J T Doran Director

Doran Scott Williams & Co Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1 | General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
9 Thorne Road
Doncaster
South Yorkshire
DN1 2HJ

The principal place of business is:
DSW House
Unit 3, Hayfield Business Park
Field Lane
Doncaster
South Yorkshire
DN9 3FL

These financial statements were authorised for issue by the Board on 6 May 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Doran Scott Williams & Co Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Government grants

Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the company will comply with conditions attaching to them and the grants will be received using the accrual model.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Fixtures and fittings | 4 years on a straight line basis
Office equipment | 33% per annum on a reducing balance basis
Motor vehicles | 25% per annum on a reducing balance basis

Doran Scott Williams & Co Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Doran Scott Williams & Co Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 32 (2024 - 33).

Doran Scott Williams & Co Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

4 | Tangible assets

| Furniture, fittings and equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 January 2025 | 110,918 | 101,662 | 212,580
Additions | 10,555 | - | 10,555
Disposals | (63,850) | - | (63,850)
At 31 December 2025 | 57,623 | 101,662 | 159,285
Depreciation
At 1 January 2025 | 68,898 | 50,442 | 119,340
Charge for the year | 9,700 | 12,805 | 22,505
Eliminated on disposal | (40,667) | - | (40,667)
At 31 December 2025 | 37,931 | 63,247 | 101,178
Carrying amount
At 31 December 2025 | 19,692 | 38,415 | 58,107
At 31 December 2024 | 42,020 | 51,220 | 93,240

Doran Scott Williams & Co Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

5 | Other financial assets (current and non-current)

| Financial assets at fair value through profit and loss £ | Total £
Current financial assets
Cost or valuation
At 1 January 2025 | 572,945 | 572,945
Fair value adjustments | 27,906 | 27,906
At 31 December 2025 | 600,851 | 600,851
Carrying amount
At 31 December 2025 | 600,851 | 600,851
At 31 December 2024 | 572,945 | 572,945

Doran Scott Williams & Co Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

6 | Debtors

| Note | 2025 £ | 2024 £
Trade debtors |  | 1,301,297 | 898,461
Amounts owed by related parties | 8 | 4,976,724 | 4,021,067
Other debtors |  | 400,214 | 908,800
Prepayments |  | 68,250 | 37,524
|  | 6,746,485 | 5,865,852

7 | Creditors

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Trade creditors |  | 447,247 | 634,850
Taxation and social security |  | 93,424 | 83,586
Corporation tax |  | 652,011 | 262,957
Other creditors |  | 25,714 | 31,623
Accrued expenses |  | 1,991,608 | 2,255,673
|  | 3,210,004 | 3,268,689

Doran Scott Williams & Co Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

8 | Related party transactions

Loans to related parties

2025 | Entities with joint control or significant influence £ | Key management £ | Total £
At start of period | 2,901,304 | 1,119,763 | 4,021,067
Advanced | 862,577 | 93,080 | 955,657
At end of period | 3,763,881 | 1,212,843 | 4,976,724

2024 | Entities with joint control or significant influence £ | Key management £ | Total £
At start of period | 1,798,676 | 986,888 | 2,785,564
Advanced | 1,102,628 | 132,875 | 1,235,503
At end of period | 2,901,304 | 1,119,763 | 4,021,067

Terms of loans to related parties

There are no repayment terms and interest is charged on the balance owed by key management. The directors are included within key management.