REGISTERED NUMBER: 04704626 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

T R DAVIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

T R Davies

REGISTERED OFFICE:

Windsor House

107 Talbot Road

Talbot Green

Pontyclun

Glamorgan

CF72 8AE

REGISTERED NUMBER:

04704626 (England and Wales)

ACCOUNTANTS:

DAVID WRIGHT ACCOUNTANTS LIMITED

Unit 10

Bridgend Business Park

Bennett Street

Bridgend

Glamorgan

CF31 3SH

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

26,432

23,000

26,432

23,000

CURRENT ASSETS

Debtors

6

70,979

69,324

Cash at bank and in hand

4,119

2,800

75,098

72,124

CREDITORS

Amounts falling due within one year

7

64,279

72,047

NET CURRENT ASSETS

10,819

77

TOTAL ASSETS LESS CURRENT LIABILITIES

37,251

23,077

CREDITORS

Amounts falling due after more than one year

8

(15,975

)

(20,706

)

PROVISIONS FOR LIABILITIES

(520

)

-

NET ASSETS

20,756

2,371

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

20,656

2,271

SHAREHOLDERS' FUNDS

20,756

2,371

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 9 June 2026 and were signed by:

T R Davies - Director

1.	STATUTORY INFORMATION

T R Davies Limited 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 amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty years.

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.

Plant and machinery etc

-

10% on cost and at varying rates on cost

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

20,000

AMORTISATION

At 1 April 2025

and 31 March 2026

20,000

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2025

65,074

4,746

6,918

15,513

92,251

Additions

5,676

4,213

-

1,554

11,443

At 31 March 2026

70,750

8,959

6,918

17,067

103,694

DEPRECIATION

At 1 April 2025

49,764

4,369

5,600

9,518

69,251

Charge for year

3,874

656

330

3,151

8,011

At 31 March 2026

53,638

5,025

5,930

12,669

77,262

NET BOOK VALUE

At 31 March 2026

17,112

3,934

988

4,398

26,432

At 31 March 2025

15,310

377

1,318

5,995

23,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Trade debtors

13,013

16,317

Other debtors

57,966

53,007

70,979

69,324

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Bank loans and overdrafts

5,415

14,524

Trade creditors

3,845

-

Taxation and social security

55,019

57,341

Other creditors

-

182

64,279

72,047

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/26

31/3/25

£

£

Bank loans

15,975

20,706

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

31/3/26

31/3/25

£

£

T R Davies

Balance outstanding at start of year

33,014

50,298

Amounts advanced

69,629

66,327

Amounts repaid

(70,949

)

(83,611

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

31,694

33,014

10.	RELATED PARTY DISCLOSURES

During the year the company paid rent of £NIL in respect of a property owned personally by the director.