Durable Fasteners Limited

	Page
Accountants' Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—6

We have reviewed the financial statements of Durable Fasteners Ltd for the year ended 31 August 2025 which comprise statement of income and retained earnings, statement of financial position and the related notes on pages 6 to 8. The financial reporting framework that has been applied in their preparation is applicable law and the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

This report is made solely to the company's directors, as a body, in accordance with the terms of our engagement letter . Our review has been undertaken so that we may state to the company's directors, as a body, those matters we have agreed with them in our engagement letter and for no other purpose. To the fullest extent permitted by law, we do not accept or assume any responsibility to anyone other than the company and the company's directors, as a body, for our work, for this report or the conclusions we have formed.

Directors responsibility for the financial statements

As explained more fully in the directors responsibilities statement set out on page 1, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view.

Accountants' responsibility

Our responsibility is to express a conclusion based on our review of the financial statements. We conducted our review in accordance with International Standard on Review Engagements (ISRE) 2400 (Revised), Engagements to review historical financial statements, and ICAEW Technical Release TECH 09/13AAF. ISRE 2400 also requires us to comply with the ICAEW Code of Ethics.

Scope of assurance review

A review of financial statements in accordance with ISRE 2400 (Revised) is a limited assurance

engagement. We have performed additional procedures to those required under a compilation engagement. These primarily consist of making enquiries of management and others within the entity, as appropriate, applying analytical procedures and evaluating the evidence obtained. The procedures performed in a review are substantially less than those performed in an audit conducted in accordance with International Standards on Auditing (UK and Ireland). Accordingly, we do not express an audit opinion on these financial statements.

Conclusion

Based on our review, nothing has come to our attention that causes us to believe the financial statements have not been prepared:

• so as to give a true and fair view of the state of the company's affairs as at 31 August 2024, and of its profit for the year then ended;

• in accordance with United Kingdom Generally Accepted Accounting Practice; and

• in accordance with the Companies Act 2006.

22nd May 2026

Emslie Bird Ltd

19 Vine Mews

Vine Street

Evesham

Worcs

WR11 4RE

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Durable Fasteners Limited

Balance Sheet

As At 31 August 2025

Balance Sheet

Registered number: 01207663

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		195,680		180,789

			195,680		180,789
CURRENT ASSETS
Stocks	5	605,263		711,233
Debtors	6	611,591		532,064
Cash at bank and in hand		915,315		455,871

		2,132,169		1,699,168
Creditors: Amounts Falling Due Within One Year	7	(1,813,792 )		(1,407,940 )

NET CURRENT ASSETS (LIABILITIES)			318,377		291,228

TOTAL ASSETS LESS CURRENT LIABILITIES			514,057		472,017

NET ASSETS			514,057		472,017

CAPITAL AND RESERVES
Called up share capital	8		10,000		10,000
Revaluation reserve	9		117,871		117,871
Profit and Loss Account			386,186		344,146

SHAREHOLDERS' FUNDS			514,057		472,017

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Durable Fasteners Limited

Balance Sheet (continued)

As At 31 August 2025

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 directors acknowledge their 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 Robert Gulliford

Director

22nd May 2026

The notes on pages 4 to 6 form part of these financial statements.

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Durable Fasteners Limited

Notes to the Financial Statements

For The Year Ended 31 August 2025

Notes to the Financial Statements

1. General Information

Durable Fasteners Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01207663 . The registered office is 430 Kingsland Road, London, E8 4AA.

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. 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:

Freehold	2% Straight line
Plant & Machinery	20% Straight line
Motor Vehicles	25% Reducing balance
Fixtures & Fittings	15% Reducing balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Durable Fasteners Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

2.5. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 10 (2024: 10)

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£	£
Cost
As at 1 September 2024	270,000	435,138	64,331	230,703	1,000,172
Additions	-	38,465	18,000	1,846	58,311
Disposals	-	(8,319 )	(18,330 )	-	(26,649 )

As at 31 August 2025	270,000	465,284	64,001	232,549	1,031,834

Depreciation
As at 1 September 2024	120,779	423,951	52,839	221,814	819,383
Provided during the period	3,319	29,270	7,115	2,684	42,388
Disposals	-	(8,319 )	(17,298 )	-	(25,617 )

As at 31 August 2025	124,098	444,902	42,656	224,498	836,154

Net Book Value
As at 31 August 2025	145,902	20,382	21,345	8,051	195,680

As at 1 September 2024	149,221	11,187	11,492	8,889	180,789

5. Stocks

	2025	2024
	£	£
Finished goods	605,263	711,233

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	565,698	502,334
Other debtors	45,893	29,730

	611,591	532,064

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Durable Fasteners Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	936,175	549,336
Bank loans and overdrafts	108,031	-
Other creditors	335,270	402,678
Taxation and social security	434,316	455,926

	1,813,792	1,407,940

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	10,000	10,000

9. Reserves

	Revaluation reserve	Profit and Loss Account
	£	£
As at 1 September 2024	117,871	344,146
Profit for the year and total comprehensive income	-	364,040

Dividends paid	-	(322,000)

As at 31 August 2025	117,871	386,186

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