REGISTERED NUMBER: 14700649 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

121 DETAILING LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr T A Cox

REGISTERED OFFICE:

54 Sun Street

Waltham Abbey

EN9 1EJ

REGISTERED NUMBER:

14700649 (England and Wales)

ACCOUNTANTS:

DLC Accountancy Ltd

54 Sun Street

Waltham Abbey

Essex

EN9 1EJ

FIXED ASSETS

Tangible assets

4

25,391

2,500

CURRENT ASSETS

Cash at bank

25,117

24,370

CREDITORS

Amounts falling due within one year

5

(8,759

)

(15,420

)

NET CURRENT ASSETS

16,358

8,950

TOTAL ASSETS LESS CURRENT LIABILITIES

41,749

11,450

CREDITORS

Amounts falling due after more than one year

6

(10,624

)

-

PROVISIONS FOR LIABILITIES

(4,824

)

-

NET ASSETS

26,301

11,450

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

26,300

11,449

26,301

11,450

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 7 May 2026 and were signed by:

Mr T A Cox - Director

1.	STATUTORY INFORMATION

121 Detailing 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.

The financial statements are presented in sterling (£) which is also the functional currency for the company and rounded to the nearest £.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

The company derives its turnover from the provision of valeting and detailing services.

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

-

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

5,000

Additions

33,830

Disposals

(5,000

)

At 31 March 2026

33,830

DEPRECIATION

At 1 April 2025

2,500

Charge for year

8,439

Eliminated on disposal

(2,500

)

At 31 March 2026

8,439

NET BOOK VALUE

At 31 March 2026

25,391

At 31 March 2025

2,500

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Hire purchase contracts (see note 7)

4,250

-

Taxation and social security

1,214

5,510

Other creditors

3,295

9,910

8,759

15,420

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Hire purchase contracts (see note 7)

10,624

-

7.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2026

2025

£

£

Net obligations repayable:

Within one year

4,250

-

Between one and five years

10,624

-

14,874

-

8.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Hire purchase contracts

14,874

-

9.	RELATED PARTY DISCLOSURES

During the year, total dividends of £16,500 (2025 - £17,500) were paid to the director .

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr T A Cox.