REGISTERED NUMBER: 11352463 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025

FOR

D3A DEFENCE LTD

Page

Balance sheet

1

Notes to the financial statements

3

Fixed assets

Tangible assets

4

29,045

30,179

Current assets

Stocks

54,224

-

Debtors

5

59,810

23,294

Cash at bank

28,703

108,175

142,737

131,469

Creditors

Amounts falling due within one year

6

157,396

114,623

Net current (liabilities)/assets

(14,659

)

16,846

Total assets less current liabilities

14,386

47,025

Creditors

Amounts falling due after more than one year

7

(844

)

(9,974

)

Provisions for liabilities

10

(5,519

)

(5,734

)

Net assets

8,023

31,317

Capital and reserves

Called up share capital

11

100

100

Capital redemption reserve

14

14

Retained earnings

7,909

31,203

Shareholders' funds

8,023

31,317

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

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

The directors acknowledge their 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 Statement of comprehensive income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 May 2026 and were signed on its behalf by:

Mr C Haslam - Director

1.	Statutory information

D3A Defence Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 11352463. The registered office and business address is R107 Digital Lab, 1st Floor, The Lyle Building, Porton Science Park, Clewer Road, Porton Down, Sailsbury, Wiltshire, SP4 0DQ.

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 represents income receiced from the provision of equipment training services.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

25% on reducing balance

Vehicles

-

33% on cost

Computer equipment

-

33% on cost

Stocks

Stock and Work In Progress are valued at the lower of cost and net realisable value.

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 taxation

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Financial instruments

Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 8 (2024 - 7 ) .

4.	Tangible fixed assets

Fixtures

and

Computer

fittings

Vehicles

equipment

Totals

£

£

£

£

Cost

At 1 June 2024

21,853

10,500

48,250

80,603

Additions

1,844

-

14,298

16,142

At 31 May 2025

23,697

10,500

62,548

96,745

Depreciation

At 1 June 2024

5,463

3,500

41,461

50,424

Charge for year

4,559

3,500

9,217

17,276

At 31 May 2025

10,022

7,000

50,678

67,700

Net book value

At 31 May 2025

13,675

3,500

11,870

29,045

At 31 May 2024

16,390

7,000

6,789

30,179

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Vehicles

£

Cost

At 1 June 2024

10,500

Transfer to ownership

(10,500

)

At 31 May 2025

-

Depreciation

At 1 June 2024

3,500

Charge for year

3,500

Transfer to ownership

(7,000

)

At 31 May 2025

-

Net book value

At 31 May 2025

-

At 31 May 2024

7,000

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

54,429

21,831

Other debtors

3,826

1,463

Prepayments and accrued income

1,555

-

59,810

23,294

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loans and overdrafts

9,990

9,974

Other loans

-

50,500

Hire purchase contracts (see note 8)

-

1,167

Trade creditors

11,143

-

Tax

460

13,711

Social security and other taxes

50,142

-

Pension creditor

3,486

2,444

VAT

70,041

30,008

Other creditors

7,788

1,965

Directors' current accounts

351

60

Accruals and deferred income

3,995

4,794

157,396

114,623

7.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Bank loans - 1-2 years

844

9,974

8.	Leasing agreements

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

-

1,167

Non-cancellable

operating leases

2025

2024

£

£

Within one year

-

10,241

9.	Secured debts

Hire purchase liabilities outstanding at the year end are secured on the assets to which they relate.

10.	Provisions for liabilities

2025

2024

£

£

Deferred tax

5,519

5,734

Deferred

tax

£

Balance at 1 June 2024

5,734

Provided during year

(215

)

Balance at 31 May 2025

5,519

11.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

90

Ordinary C

£1

90

90

10

Ordinary D

£1

10

10

100

100

12.	Ultimate controlling party

The company is controlled by Mr C Haslam, holding 90% of the issued voting share capital.