REGISTERED NUMBER: 04659531 (England and Wales)

DAVID CLARKE ESTATE AGENTS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr P J Clarke

REGISTERED OFFICE:

112 High Street

Herne Bay

Kent

CT6 5JY

REGISTERED NUMBER:

04659531 (England and Wales)

ACCOUNTANTS:

Spurling Cannon

King Arthur's Court

Maidstone Road

Charing

Kent

TN27 0JS

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

3,407,139

3,493,786

3,407,139

3,493,786

CURRENT ASSETS

Debtors

6

15,380

23,058

Cash at bank and in hand

1,083,329

780,147

1,098,709

803,205

CREDITORS

Amounts falling due within one year

7

(1,297,602

)

(1,278,073

)

NET CURRENT LIABILITIES

(198,893

)

(474,868

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,208,246

3,018,918

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

3,208,244

3,018,916

SHAREHOLDERS' FUNDS

3,208,246

3,018,918

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 16 July 2026 and were signed by:

Mr P J Clarke - Director

1.	STATUTORY INFORMATION

David Clarke Estate Agents 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 fifteen 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.

Freehold property

-

in accordance with the property

Improvements to property

-

10% on cost

Plant and machinery

-

25% on reducing balance

Fixture & Fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current 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 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.

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 5 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

95,000

AMORTISATION

At 1 January 2025

and 31 December 2025

95,000

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

property

property

machinery

£

£

£

COST

At 1 January 2025

and 31 December 2025

4,121,959

69,625

650

DEPRECIATION

At 1 January 2025

643,347

66,544

649

Charge for year

82,439

773

1

At 31 December 2025

725,786

67,317

650

NET BOOK VALUE

At 31 December 2025

3,396,173

2,308

-

At 31 December 2024

3,478,612

3,081

1

Fixture &

Motor

Computer

Fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2025

and 31 December 2025

54,483

15,367

22,137

4,284,221

DEPRECIATION

At 1 January 2025

49,540

15,210

15,145

790,435

Charge for year

1,529

157

1,748

86,647

At 31 December 2025

51,069

15,367

16,893

877,082

NET BOOK VALUE

At 31 December 2025

3,414

-

5,244

3,407,139

At 31 December 2024

4,943

157

6,992

3,493,786

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

13,357

18,165

Prepayments

2,023

4,893

15,380

23,058

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

986,360

996,360

Corporation Tax

77,031

87,940

Social security and other taxes

4,135

6,106

Pension

647

-

VAT

22,151

27,227

Sundry creditors

129,904

129,904

Directors' current accounts

73,429

26,805

Accruals and deferred income

-

310

Accrued expenses

3,945

3,421

1,297,602

1,278,073

8.	RELATED PARTY DISCLOSURES

At the balance sheet date the company owed:-

To Paul Clarke, the director, £26,805 (2023: £80,341).

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr P J Clarke.

The company is ultimately controlled by Mr P Clarke, the sole director who holds 100% of the issued share capital of the company.