REGISTERED NUMBER: 04436831 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2025

for

D and E Accountancy Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D J Samuels

Mrs E M Samuels

SECRETARY:

Mrs E M Samuels

REGISTERED OFFICE:

Second Floor

2 Walsworth Road

Hitchin

Hertfordshire

SG4 9SP

REGISTERED NUMBER:

04436831 (England and Wales)

BANKERS:

Barclays Bank

Lea Valley Group

78 Turners Hill

Cheshunt

Hertfordshire

EN8 9BW

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

60,327

60,206

60,327

60,206

CURRENT ASSETS

Stocks

3,375

17,348

Debtors

6

125,626

106,591

Cash at bank

19,638

1,045

148,639

124,984

CREDITORS

Amounts falling due within one year

7

193,503

147,464

NET CURRENT LIABILITIES

(44,864

)

(22,480

)

TOTAL ASSETS LESS CURRENT LIABILITIES

15,463

37,726

CREDITORS

Amounts falling due after more than one year

8

(11,353

)

(20,929

)

PROVISIONS FOR LIABILITIES

9

(2,342

)

(380

)

NET ASSETS

1,768

16,417

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

11

1,668

16,317

SHAREHOLDERS' FUNDS

1,768

16,417

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 May 2026 and were signed on its behalf by:

D J Samuels - Director

1.	STATUTORY INFORMATION

D and E Accountancy 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.

Turnover

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

Goodwill

Goodwill, being the amounts paid in connection with the acquisition of businesses in 2002, 2004, 2006 and 2018, are being written off evenly over their estimated useful lives of ten, two, two and two years respectively.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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.

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 June 2024

and 31 May 2025

138,803

AMORTISATION

At 1 June 2024

and 31 May 2025

138,803

NET BOOK VALUE

At 31 May 2025

-

At 31 May 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2024

176,383

Additions

2,423

At 31 May 2025

178,806

DEPRECIATION

At 1 June 2024

116,177

Charge for year

2,302

At 31 May 2025

118,479

NET BOOK VALUE

At 31 May 2025

60,327

At 31 May 2024

60,206

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

Plant and

machinery

etc

£

COST

At 1 June 2024

and 31 May 2025

107,599

DEPRECIATION

At 1 June 2024

and 31 May 2025

59,599

NET BOOK VALUE

At 31 May 2025

48,000

At 31 May 2024

48,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade debtors

69,161

53,887

Other debtors

56,465

52,704

125,626

106,591

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans and overdrafts

45,505

63,529

Taxation and social security

79,331

67,245

Other creditors

68,667

16,690

193,503

147,464

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans

11,353

20,929

9.	PROVISIONS FOR LIABILITIES

31.5.25

31.5.24

£

£

Deferred tax

2,342

380

Deferred

tax

£

Balance at 1 June 2024

380

Accelerated Capital Allowances

1,962

Balance at 31 May 2025

2,342

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.25

31.5.24

value:

£

£

100

Ordinary £1 Shares

1

100

100

11.

RESERVES

Retained

earnings

£

At 1 June 2024

16,317

Profit for the year

17,351

Dividends

(32,000

)

At 31 May 2025

1,668

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 May 2025 and 31 May 2024:

31.5.25

31.5.24

£

£

D J Samuels

Balance outstanding at start of year

38,286

12,185

Amounts advanced

-

26,101

Amounts repaid

(18,202

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

20,084

38,286

Mrs E M Samuels

Balance outstanding at start of year

38,286

11,802

Amounts advanced

-

26,484

Amounts repaid

(18,237

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

20,049

38,286

The Directors repaid their borrowings after year end.

A commercial rate of interest is being charged on the directors borrowings.

13.	ULTIMATE CONTROL

The company is jointly under the control of the Directors.