David H Myers (Leeds) Limited - Filleted accounts

Registered number

03322647

David H Myers (Leeds) Limited

Unaudited Filleted Accounts

30 September 2025

David H Myers (Leeds) Limited
Registered number:		03322647
Balance Sheet
as at 30 September 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		68,589			82,741

Current assets
Stocks		146,656			142,560
Debtors	5	227,213			226,149
Cash at bank and in hand		42,309			55,837
		416,178			424,546

Creditors: amounts falling due within one year	6	(223,030)			(242,667)

Net current assets			193,148			181,879

Total assets less current liabilities			261,737			264,620


Provisions for liabilities			(17,147)			(20,686)


Net assets			244,590			243,934

Capital and reserves
Called up share capital			100			100
Profit and loss account			244,490			243,834

Shareholders' funds			244,590			243,934

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr D Myers			Mr M Brigg
Director			Director




Mr B Myers
Director
Approved by the board on 24 March 2026

David H Myers (Leeds) Limited
Notes to the Accounts
for the year ended 30 September 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Leasehold property alterations	10% straight line
	Fixtures and fittings	15% reducing balance
	Computer equipment	15% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			8		8


3	Intangible fixed assets					£
	Goodwill:

	Cost
	At 1 October 2024					27,110
	At 30 September 2025					27,110

	Amortisation
	At 1 October 2024					27,110
	At 30 September 2025					27,110

	Net book value
	At 30 September 2025					-

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 October 2024	51,568		158,864		210,432
	Additions	-		1,031		1,031
	At 30 September 2025	51,568		159,895		211,463

	Depreciation
	At 1 October 2024	35,669		92,022		127,691
	Charge for the year	5,157		10,026		15,183
	At 30 September 2025	40,826		102,048		142,874

	Net book value
	At 30 September 2025	10,742		57,847		68,589
	At 30 September 2024	15,899		66,842		82,741


5	Debtors			2025		2024
£					£

	Trade debtors			54,490		54,834
	Amounts owed by group undertakings and undertakings in which the company has a participating interest			151,592		152,342
	Other debtors			21,131		18,973
				227,213		226,149


6	Creditors: amounts falling due within one year			2025		2024
£					£

	Trade creditors			81,647		110,905
	Amounts owed to group undertakings and undertakings in which the company has a participating interest			16,049		16,049
	Taxation and social security costs			70,963		59,752
	Other creditors			54,371		55,961
				223,030		242,667


7	Other information

	David H Myers (Leeds) Limited is a private company limited by shares and incorporated in England. Its registered office is:
	300 St Mary's Road
	Garston
	Liverpool
	Merseyside
	L19 0NQ