Davidson Pert Financial Associates Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04886487

Davidson Pert Financial Associates Limited

Filleted Unaudited Financial Statements

31 December 2025

Davidson Pert Financial Associates Limited

Financial Statements

Year ended 31 December 2025

Contents	Page

Balance sheet	1

Notes to the financial statements	2

Davidson Pert Financial Associates Limited

Balance Sheet

31 December 2025

	2025		2024
Note	£	£	£	£

Current assets

Debtors	7	276,144	269,530
Cash at bank and in hand		41	41
		---------	---------
		276,185	269,571

Creditors: amounts falling due within one year	8	133,174		130,992
		---------		---------
Net current assets			143,011		138,579
			---------		---------
Total assets less current liabilities			143,011		138,579

Creditors: amounts falling due after more than one year	9	–	5,606
		---------	---------
Net assets		143,011	132,973
		---------	---------

Capital and reserves

Called up share capital	10,000	10,000
Profit and loss account	133,011	122,973
	---------	---------
Shareholders funds	143,011	132,973
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 25 March 2026 , and are signed on behalf of the board by:

Mr D G Slora
Director

Company registration number: 04886487

Davidson Pert Financial Associates Limited

Notes to the Financial Statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 6 Corunna Court, Corunna Road, Warwick, CV34 5HQ.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis and in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Current tax is recognised on taxable profit for the current and past periods. Deferred tax is recognised in respect of all timing differences at the reporting date.

Goodwill

Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	25% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Short leasehold property	-	33.33% Straight line
Fixtures and fittings	-	14% - 33.33% Straight line

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 4 (2024: 4 ).

5. Intangible assets

	Goodwill
	£
Cost
At 1 January 2025 and 31 December 2025	80,000
	--------
Amortisation
At 1 January 2025 and 31 December 2025	80,000
	--------
Carrying amount
At 31 December 2025	–
	--------
At 31 December 2024	–
	--------

6. Tangible assets

	Short leasehold property	Fixtures and fittings	Total
	£	£	£
Cost
At 1 January 2025 and 31 December 2025	3,696	18,411	22,107
	-------	--------	--------
Depreciation
At 1 January 2025 and 31 December 2025	3,696	18,411	22,107
	-------	--------	--------
Carrying amount
At 31 December 2025	–	–	–
	-------	--------	--------
At 31 December 2024	–	–	–
	-------	--------	--------

7. Debtors

	2025	2024
	£	£
Other debtors	276,144	269,530
	---------	---------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	20,766	41,764
Corporation tax	105,144	78,068
Social security and other taxes	2,400	3,490
Other creditors	4,864	7,670
	---------	---------
	133,174	130,992
	---------	---------

Bank loans and overdrafts are secured loans.

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	–	5,606
	----	-------

Bank loans are secured loans.

10. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	15,604	17,706
Later than 1 year and not later than 5 years	33,604	49,208
	--------	--------
	49,208	66,914
	--------	--------

11. Director's advances, credits and guarantees

The director had an interest-free loan during the year. The loan is repayable on demand. At the beginning of the year he owed the company £209,291 and at the end of the year he owed the company £209,291.