Silverfin false false 28/02/2026 01/03/2025 28/02/2026 I Clark 01/03/2022 S Dando 01/03/2022 C M Dando 02/02/2010 R A Dando 10/01/2026 02/02/2010 W Dando 01/03/2022 D Muse 01/03/2022 01 July 2026 The principal activity of the Company during the financial year was that of building contractors. 07142914 2026-02-28 07142914 bus:Director1 2026-02-28 07142914 bus:Director2 2026-02-28 07142914 bus:Director3 2026-02-28 07142914 bus:Director4 2026-02-28 07142914 bus:Director5 2026-02-28 07142914 bus:Director6 2026-02-28 07142914 2025-02-28 07142914 core:CurrentFinancialInstruments 2026-02-28 07142914 core:CurrentFinancialInstruments 2025-02-28 07142914 core:Non-currentFinancialInstruments 2026-02-28 07142914 core:Non-currentFinancialInstruments 2025-02-28 07142914 core:ShareCapital 2026-02-28 07142914 core:ShareCapital 2025-02-28 07142914 core:RetainedEarningsAccumulatedLosses 2026-02-28 07142914 core:RetainedEarningsAccumulatedLosses 2025-02-28 07142914 core:Goodwill 2025-02-28 07142914 core:Goodwill 2026-02-28 07142914 core:PlantMachinery 2025-02-28 07142914 core:Vehicles 2025-02-28 07142914 core:ComputerEquipment 2025-02-28 07142914 core:PlantMachinery 2026-02-28 07142914 core:Vehicles 2026-02-28 07142914 core:ComputerEquipment 2026-02-28 07142914 core:FurtherRelatedPartyRelationshipType2ComponentAllOtherRelatedParties core:CurrentFinancialInstruments 2026-02-28 07142914 core:FurtherRelatedPartyRelationshipType2ComponentAllOtherRelatedParties core:CurrentFinancialInstruments 2025-02-28 07142914 core:WithinOneYear 2026-02-28 07142914 core:WithinOneYear 2025-02-28 07142914 core:BetweenOneFiveYears 2026-02-28 07142914 core:BetweenOneFiveYears 2025-02-28 07142914 2025-03-01 2026-02-28 07142914 bus:FilletedAccounts 2025-03-01 2026-02-28 07142914 bus:SmallEntities 2025-03-01 2026-02-28 07142914 bus:AuditExemptWithAccountantsReport 2025-03-01 2026-02-28 07142914 bus:PrivateLimitedCompanyLtd 2025-03-01 2026-02-28 07142914 bus:Director1 2025-03-01 2026-02-28 07142914 bus:Director2 2025-03-01 2026-02-28 07142914 bus:Director3 2025-03-01 2026-02-28 07142914 bus:Director4 2025-03-01 2026-02-28 07142914 bus:Director5 2025-03-01 2026-02-28 07142914 bus:Director6 2025-03-01 2026-02-28 07142914 core:Goodwill core:TopRangeValue 2025-03-01 2026-02-28 07142914 core:Goodwill 2025-03-01 2026-02-28 07142914 core:PlantMachinery 2025-03-01 2026-02-28 07142914 core:Vehicles 2025-03-01 2026-02-28 07142914 core:Vehicles core:BottomRangeValue 2025-03-01 2026-02-28 07142914 core:Vehicles core:TopRangeValue 2025-03-01 2026-02-28 07142914 core:ComputerEquipment core:TopRangeValue 2025-03-01 2026-02-28 07142914 2024-03-01 2025-02-28 07142914 core:ComputerEquipment 2025-03-01 2026-02-28 07142914 core:Non-currentFinancialInstruments 2025-03-01 2026-02-28 iso4217:GBP xbrli:pure

Company No: 07142914 (England and Wales)

# R.O. DANDO & SONS LIMITED

### Unaudited Financial Statements
For the financial year ended 28 February 2026
Pages for filing with the registrar

R.O. DANDO & SONS LIMITED

## Unaudited Financial Statements

For the financial year ended 28 February 2026

Contents

R.O. DANDO & SONS LIMITED

## BALANCE SHEET

As at 28 February 2026
R.O. DANDO & SONS LIMITED

## BALANCE SHEET (continued)

As at 28 February 2026

| Note | 2026 |  | 2025
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 4 | 282,001 |  | 208,496
|  | 282,001 |  | 208,496
Current assets |  |  |  |
Stocks | 5 | 111,107 |  | 228,347
Debtors | 6 | 617,172 |  | 543,022
Cash at bank and in hand |  | 75,514 |  | 91,332
|  | 803,793 |  | 862,701
Creditors: amounts falling due within one year | 7 | ( 186,946) |  | ( 283,711)
Net current assets |  | 616,847 |  | 578,990
Total assets less current liabilities |  | 898,848 |  | 787,486
Creditors: amounts falling due after more than one year | 8 | ( 164,331) |  | ( 102,772)
Net assets |  | 734,517 |  | 684,714
Capital and reserves |  |  |  |
Called-up share capital |  | 500,000 |  | 500,000
Profit and loss account |  | 234,517 |  | 184,714
Total shareholders' funds |  | 734,517 |  | 684,714

For the financial year ending 28 February 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of R.O. Dando & Sons Limited (registered number: 07142914) were approved and authorised for issue by the Board of Directors on 01 July 2026. They were signed on its behalf by:

C M Dando Director |

R.O. DANDO & SONS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 28 February 2026
R.O. DANDO & SONS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 28 February 2026

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

R.O. Dando & Sons Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is The Bungalow, Moorledge Road, Chew Magna, BS40 8TA, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Turnover

Turnover is recognised at the fair value of the consideration received or receivable for building services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts and settlement discounts.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

##### Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

##### Construction contracts

Where the outcome of a construction contract can be estimated reliably, revenue and costs are recognised by reference to the stage of completion of the contract activity at the Balance Sheet date. This is normally measured by the proportion that contract costs incurred for work performed to date bear to the estimated total contract costs, except where this would not be representative of the stage of completion. Variations in contract work, claims and incentive payments are included to the extent that the amount can be measured reliably and its receipt is considered probable.
Where the outcome of a construction contract cannot be estimated reliably, contract revenue is recognised to the extent of contract costs incurred where it is probable they will be recoverable. Contract costs are recognised as expenses in the period in which they are incurred. When costs incurred in securing a contract are recognised as an expense in the period in which they are incurred, they are not included in contract costs if the contract is obtained in a subsequent period.
When it is probable that total contract costs will exceed total contract revenue, the expected loss is recognised as an expense immediately.

##### Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

##### Finance costs

Finance costs are charged to the Profit and Loss Account over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date that are expected to apply when the timing differences reverse. Deferred tax assets and liabilities are not discounted.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax liabilities are presented within provisions for liabilities on the balance sheet.

##### Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill | 10 years straight line

###### Goodwill

Goodwill arises on business combinations and represents any excess of consideration given over the fair value of the identifiable assets and liabilities acquired. Goodwill is initially recognised as an intangible asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery | 15 % reducing balance
Vehicles | 15 % reducing balance
| 3 - 5 years straight line
Computer equipment | 5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Profit and Loss Account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.
Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

##### Stocks

Stocks include work in progress, and the cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity.
At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its net realisable value is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

##### Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts. Balances to connected companies are stated at cost.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

##### Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

##### Government grants

Government grants are recognised within other operating income based on the performance model and are measured at the fair value of the asset received or receivable when there is reasonable assurance that the company will comply with conditions attaching to them and the grants will be received.
A grant that specifies performance conditions is recognised in income only when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the grant proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

##### Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.
The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).
When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

##### Ordinary share capital

The ordinary share capital of the Company is presented as equity.

##### Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

#### 2. Employees

| 2026 |  | 2025
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 21 |  | 22

#### 3. Intangible assets

| Goodwill |  | Total
| £ |  | £
Cost |  |  |
At 01 March 2025 | 305,558 |  | 305,558
At 28 February 2026 | 305,558 |  | 305,558
Accumulated amortisation |  |  |
At 01 March 2025 | 305,558 |  | 305,558
At 28 February 2026 | 305,558 |  | 305,558
Net book value |  |  |
At 28 February 2026 | 0 |  | 0
At 28 February 2025 | 0 |  | 0

#### 4. Tangible assets

| Plant and machinery |  | Vehicles |  | Computer equipment |  | Total
| £ |  | £ |  | £ |  | £
Cost |  |  |  |  |  |  |
At 01 March 2025 | 89,563 |  | 441,046 |  | 6,445 |  | 537,054
Additions | 0 |  | 146,659 |  | ( 1) |  | 146,658
Disposals | 0 |  | ( 149,530) |  | 0 |  | ( 149,530)
At 28 February 2026 | 89,563 |  | 438,175 |  | 6,444 |  | 534,182
Accumulated depreciation |  |  |  |  |  |  |
At 01 March 2025 | 49,249 |  | 275,290 |  | 4,019 |  | 328,558
Charge for the financial year | 6,047 |  | 65,711 |  | 647 |  | 72,405
Disposals | 0 |  | ( 148,782) |  | 0 |  | ( 148,782)
At 28 February 2026 | 55,296 |  | 192,219 |  | 4,666 |  | 252,181
Net book value |  |  |  |  |  |  |
At 28 February 2026 | 34,267 |  | 245,956 |  | 1,778 |  | 282,001
At 28 February 2025 | 40,314 |  | 165,756 |  | 2,426 |  | 208,496

#### 5. Stocks

| 2026 |  | 2025
| £ |  | £
Work in progress | 111,107 |  | 228,347

#### 6. Debtors

| 2026 |  | 2025
| £ |  | £
Trade debtors | 111,872 |  | 232,148
Amounts owed by connected companies | 483,129 |  | 278,999
Deferred tax asset | 0 |  | 5,186
Other debtors | 22,171 |  | 26,689
| 617,172 |  | 543,022

Amounts owed by connected companies are repayable on demand and do not bear interest.

#### 7. Creditors: amounts falling due within one year

| 2026 |  | 2025
| £ |  | £
Trade creditors | 67,958 |  | 115,510
Taxation and social security | 56,907 |  | 71,707
Obligations under finance leases and hire purchase contracts | 32,057 |  | 83,305
Other creditors | 30,024 |  | 13,189
| 186,946 |  | 283,711

#### 8. Creditors: amounts falling due after more than one year

| 2026 |  | 2025
| £ |  | £
Obligations under finance leases and hire purchase contracts | 164,331 |  | 102,772

Within obligations under finance leases and hire purchase contracts are finance lease contracts, which are secured against the underlying assets. The carrying value of these assets is £197,677 (2025 £138,305)

#### 9. Financial commitments

Commitments

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

| 2026 |  | 2025
| £ |  | £
Within one year | 29,191 |  | 6,699
Between one and five years | 94,373 |  | 7,258
Total future minimum lease payments under non-cancellable operating leases | 123,564 |  | 13,957