David Johnson (Lutterworth) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01453014 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2026

for

David Johnson (Lutterworth) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Certified Accountants' Report

7

DIRECTORS:

F W Timson

Mrs E M Timson

M R Timson

A D Timson

SECRETARY:

Mrs E M Timson

REGISTERED OFFICE:

First Floor, The Old Chapel

9 Kempson Road

Leicester

LE2 8AN

REGISTERED NUMBER:

01453014 (England and Wales)

ACCOUNTANTS:

Celerica Ltd

Accountants

First Floor

The Old Chapel

9 Kempson Road

Leicester

LE2 8AN

FIXED ASSETS

Tangible assets

4

124,961

154,377

CURRENT ASSETS

Stocks

147,604

157,854

Debtors

5

169,492

228,046

Cash at bank and in hand

71,946

62,517

389,042

448,417

CREDITORS

Amounts falling due within one year

6

357,749

403,962

NET CURRENT ASSETS

31,293

44,455

TOTAL ASSETS LESS CURRENT
LIABILITIES

156,254

198,832

CREDITORS

Amounts falling due after more than one
year

7

(40,000

)

(54,865

)

PROVISIONS FOR LIABILITIES

(31,240

)

(29,331

)

NET ASSETS

85,014

114,636

CAPITAL AND RESERVES

Called up share capital

9

20,000

Retained earnings

65,014

94,636

SHAREHOLDERS' FUNDS

85,014

114,636

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 15 July 2026 and were signed on its behalf by:

M R Timson - Director

A D Timson - Director

1.	STATUTORY INFORMATION

David Johnson (Lutterworth) 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

General information and basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

The nature of the company's operations and principle activities are that of the supply of farming requisites and equipment..

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound (£).

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

20% on cost

Plant, fixtures and equipment

-

15% on reducing balance

Motor vehicles

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred 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 or deferred 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 6 (2025 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant,

Improvements

fixtures

to

and

Motor

property

equipment

vehicles

Totals

£

COST

At 1 May 2025

and 30 April 2026

5,500

89,015

172,805

267,320

DEPRECIATION

At 1 May 2025

5,499

59,804

47,640

112,943

Charge for year

-

4,382

25,034

29,416

At 30 April 2026

5,499

64,186

72,674

142,359

NET BOOK VALUE

At 30 April 2026

1

24,829

100,131

124,961

At 30 April 2025

1

29,211

125,165

154,377

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 May 2025

and 30 April 2026

93,505

DEPRECIATION

At 1 May 2025

18,128

Charge for year

15,076

At 30 April 2026

33,204

NET BOOK VALUE

At 30 April 2026

60,301

At 30 April 2025

75,377

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.26

30.4.25

£

Trade debtors

159,277

218,126

Other debtors

10,215

9,920

169,492

228,046

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.26

30.4.25

£

Hire purchase contracts

15,251

16,347

Trade creditors

158,139

210,094

Taxation and social security

16,060

12,379

Other creditors

168,299

165,142

357,749

403,962

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

30.4.26

30.4.25

£

Hire purchase contracts

-

14,865

Other creditors

40,000

54,865

8.	SECURED DEBTS

The following secured debts are included within creditors:

30.4.26

30.4.25

£

Hire purchase contracts

15,251

31,212

The bank overdraft is secured by personal guarantees of the directors.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.26

30.4.25

value:

£

20,000

Ordinary

£1

20,000

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of David Johnson (Lutterworth) Limited for the year ended 30 April 2026 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity 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 accaglobal.com/rulebook.

This report is made solely to the Board of Directors of David Johnson (Lutterworth) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of David Johnson (Lutterworth) Limited and state those matters that we have agreed to state to the Board of Directors of David Johnson (Lutterworth) 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/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that David Johnson (Lutterworth) 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 David Johnson (Lutterworth) Limited. You consider that David Johnson (Lutterworth) 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 David Johnson (Lutterworth) 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.

Celerica Ltd

Accountants

First Floor

The Old Chapel

9 Kempson Road

Leicester

LE2 8AN

15 July 2026