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Company Registration No. 05903800 (England and Wales)
Depth of Focus Limited Unaudited accounts for the year ended 31 August 2025
Depth of Focus Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Depth of Focus Limited Company Information for the year ended 31 August 2025
Director
Mr M.K. Houghton
Company Number
05903800 (England and Wales)
Registered Office
The Lighthouse Cumberland Yard Tunbridge Wells Kent TN1 1TY England
Accountants
Stephen Beard Accountancy Services 10 Cheshire Road Thame Oxon OX9 3LQ
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Depth of Focus Limited Statement of financial position as at 31 August 2025
2025
2024
Notes
£
£
Current assets
Inventories
4
-
2,080
Debtors
5
5,013
2,371
Cash at bank and in hand
278
101
5,291
4,552
Creditors: amounts falling due within one year
6
(20,664)
(14,139)
Net current liabilities
(15,373)
(9,587)
Net liabilities
(15,373)
(9,587)
Capital and reserves
Called up share capital
100
100
Profit and loss account
(15,473)
(9,687)
Shareholders' funds
(15,373)
(9,587)
For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 May 2026 and were signed on its behalf by
Mr M.K. Houghton Director Company Registration No. 05903800
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Depth of Focus Limited Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
Depth of Focus Limited is a private company, limited by shares, registered in England and Wales, registration number 05903800. The registered office is The Lighthouse, Cumberland Yard, Tunbridge Wells, Kent, TN1 1TY, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
4
Inventories
2025
2024
£
£
Work in progress
-
2,080
-
2,080
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Depth of Focus Limited Notes to the Accounts for the year ended 31 August 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
1,280
-
Deferred tax asset
3,670
2,313
Accrued income and prepayments
63
58
5,013
2,371
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
73
629
Loans from directors
20,102
13,035
Accruals
489
475
20,664
14,139
7
Deferred taxation
2025
2024
£
£
Tax losses carried forward
(3,670)
(2,313)
2025
2024
£
£
Provision at start of year
(2,313)
(816)
Credited to the profit and loss account
(1,357)
(1,497)
Provision at end of year
(3,670)
(2,313)
8
Transactions with related parties
The director has introduced funds to the company to provide working capital, which are repayable on demand. The amount owed to the director at the year end stood at £20,102 (2024- £13,035).
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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