In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Dybles Limited for the year ended 28 February 2026 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at www.accaglobal.com/rulebook.html.

This report is made solely to the board of directors of Dybles Limited, as a body, in accordance with the terms of our engagement letter dated 23 June 2026. Our work has been undertaken solely to prepare for your approval the financial statements of Dybles Limited and state those matters that we have agreed to state to the board of directors of Dybles Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Dybles Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that Dybles Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Dybles Limited. You consider that Dybles Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Dybles Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

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

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 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.

These 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, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

Dybles Limited is a private company limited by shares incorporated in England and Wales. The registered office is 2a Poles Copse, Poles Lane, Otterbourne, Hampshire, SO21 2DZ.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Revenue comprises the sale of estate agency and lettings services provided to customers net of value added tax . Estate agency sales are recognised on exchange of contracts.

Goodwill represents the cost of the purchase of a lettings portfolio. The directors expect the portfolio to broadly maintain its value and therefore have taken the view that an amortisation rate of 5% per year is adequate. The value of the portfolio is to be reviewed annually and adjusted as appropriate.

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

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.

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 current liabilities.

The costs of short-term employee benefits are recognised as a liability and an expense.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

The average monthly number of persons (including directors) employed by the company during the year was:

Included within the net book value of land and buildings above is £15,280 (2025 - £19,792) in respect of short leasehold land and buildings.

Details of non-current trade and other debtors

£5,000 (2025 - £5,000) of Other debtors is classified as non current.

Creditors include bank loans and overdrafts which are secured of £14,000 (2025 - £14,000). The EFG bank loan is secured by a fixed and floating charge on all the company assets.

Creditors include bank loans and overdrafts which are secured of £35,000 (2025 - £49,000). The EFG bank loan is secured by a fixed and floating charge on all the company assets.

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

The director, M Dyble, provided a loan to the company to the amount of £3,044 (2025 - £1,001)