D And C Fenwick Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 02520227

D AND C FENWICK LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 October 2025

D AND C FENWICK LIMITED

FINANCIAL STATEMENTS

YEAR ENDED 31st OCTOBER 2025

CONTENTS	PAGES

Statement of financial position	1 to 2

Notes to the financial statements	3 to 7

D AND C FENWICK LIMITED

STATEMENT OF FINANCIAL POSITION

31 October 2025

	2025		2024
Note	£	£	£	£

FIXED ASSETS

Tangible assets	5		15,007		10,558

CURRENT ASSETS

Stocks	6	26,630	26,225
Debtors	7	73,385	77,594
Cash at bank and in hand		24,533	15,864
		----------	----------
		124,548	119,683

CREDITORS: amounts falling due within one year	8	86,064		78,353
		----------		----------
NET CURRENT ASSETS			38,484		41,330
			---------		---------
TOTAL ASSETS LESS CURRENT LIABILITIES			53,491		51,888

PROVISIONS

Taxation including deferred tax	3,752	2,639
	---------	---------
NET ASSETS	49,739	49,249
	---------	---------

CAPITAL AND RESERVES

Called up share capital	10	100	100
Profit and loss account		49,639	49,149
		---------	---------
SHAREHOLDERS FUNDS		49,739	49,249
		---------	---------

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 statement of income and retained earnings has not been delivered.

For the year ending 31st October 2025 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 year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

D AND C FENWICK LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 October 2025

These financial statements were approved by the board of directors and authorised for issue on 30 June 2026 , and are signed on behalf of the board by:

M. A. Fenwick

Director

Company registration number: 02520227

D AND C FENWICK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31st OCTOBER 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 9 Farringdon Road, North Shields, Tyne and Wear, NE30 3ER.

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

Going concern

The financial statements have been prepared on the going concern basis. The directors consider that this basis is appropriate following due consideration of the present financial position, the expected prospects of the company during the twelve months from the date of approval of these financial statements and the continued support of the company's directors, bankers and other lending agents during this time.

Revenue recognition

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

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

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:

Fixtures, fittings and equipment	-	20% reducing balance
Motor vehicles	-	25% reducing balance

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

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 8 (2024: 9 ).

5. TANGIBLE ASSETS

	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£
Cost
At 1st November 2024	24,235	13,250	37,485
Additions	7,908	–	7,908
	---------	---------	---------
At 31st October 2025	32,143	13,250	45,393
	---------	---------	---------
Depreciation
At 1st November 2024	22,167	4,760	26,927
Charge for the year	1,337	2,122	3,459
	---------	---------	---------
At 31st October 2025	23,504	6,882	30,386
	---------	---------	---------
Carrying amount
At 31st October 2025	8,639	6,368	15,007
	---------	---------	---------
At 31st October 2024	2,068	8,490	10,558
	---------	---------	---------

6. STOCKS

	2025	2024
	£	£
Consumables	26,630	26,225
	---------	---------

7. DEBTORS

	2025	2024
	£	£
Trade debtors	63,844	68,466
Prepayments	2,357	1,163
Other debtors	7,184	7,965
	---------	---------
	73,385	77,594
	---------	---------

8. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	68,086	65,746
Accruals	3,125	3,337
Corporation tax	11,932	6,907
Social security and other taxes	878	924
Director loan accounts	558	363
Other creditors	1,485	1,076
	---------	---------
	86,064	78,353
	---------	---------

9. DEFERRED TAX

The deferred tax included in the statement of financial position is as follows:

	2025	2024
	£	£
Included in provisions	3,752	2,639
	-------	-------

The deferred tax account consists of the tax effect of timing differences in respect of:

	2025	2024
	£	£
Accelerated capital allowances	3,752	2,639
	-------	-------

10. CALLED UP SHARE CAPITAL

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	100	100	100	100
	----	----	----	----

11. RELATED PARTY TRANSACTIONS

LMG Fenwick Limited is a holding company that owns 100% of the issued share capital of D And C Fenwick Limited. Both directors of D And C Fenwick Limited are also directors of LMG Fenwick Limited. During the year dividends amounting to £65,343 (2024: £54,598) were payable to LMG Fenwick Limited by D And C Fenwick Limited. No other transactions with related parties were undertaken such as are required to be disclosed under FRS 102 Section 1A small entities.