REGISTERED NUMBER: 01437034 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Darrenpalm Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S J Bingham

REGISTERED OFFICE:

Rugby House

31 Bell Lane

Husbands Bosworth

Lutterworth

LE17 6LA

REGISTERED NUMBER:

01437034 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

Park House

37 Clarence Street

Leicester

Leicestershire

LE1 3RW

FIXED ASSETS

Tangible assets

4

1,192

1,410

Investment property

5

365,000

325,000

366,192

326,410

CURRENT ASSETS

Debtors

6

451,922

141,922

Investments

7

4,392

-

Cash at bank

48,717

130,623

505,031

272,545

CREDITORS

Amounts falling due within one year

8

78,825

25,408

NET CURRENT ASSETS

426,206

247,137

TOTAL ASSETS LESS CURRENT LIABILITIES

792,398

573,547

PROVISIONS FOR LIABILITIES

17,565

7,620

NET ASSETS

774,833

565,927

CAPITAL AND RESERVES

Called up share capital

11,250

11,250

Capital redemption reserve

1,250

1,250

Fair value reserve

51,804

21,804

Retained earnings

710,529

531,623

SHAREHOLDERS' FUNDS

774,833

565,927

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 April 2026 and were signed by:

S J Bingham - Director

1.	STATUTORY INFORMATION

Darrenpalm 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 as modified by the revaluation of certain assets.

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.

Plant and machinery

-

10% on cost

Trailers

-

20% on cost

Motor vehicles

-

20% on cost

Office equipment

-

10% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 the 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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Office

machinery

Trailers

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2025

and 31 December 2025

382

18,575

34,891

1,792

55,640

DEPRECIATION

At 1 January 2025

152

18,575

34,891

612

54,230

Charge for year

38

-

-

180

218

At 31 December 2025

190

18,575

34,891

792

54,448

NET BOOK VALUE

At 31 December 2025

192

-

-

1,000

1,192

At 31 December 2024

230

-

-

1,180

1,410

5.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1 January 2025

325,000

Revaluations

40,000

At 31 December 2025

365,000

NET BOOK VALUE

At 31 December 2025

365,000

At 31 December 2024

325,000

Cost or valuation at 31 December 2025 is represented by:

£

Valuation in 2025

365,000

The directors consider the fair value of investment property at the year end to be £365,000 (2024: £325,000). Valuations of investment property have been made on an open market value for existing use basis.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

29,629

41,629

Other debtors

422,293

100,293

451,922

141,922

7.	CURRENT ASSET INVESTMENTS

31.12.25

31.12.24

£

£

Other

4,392

-

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

30

164

Taxation and social security

73,254

19,452

Other creditors

5,541

5,792

78,825

25,408

Other creditors includes accruals and deferred income of £1,430 (2024: £1,200).