Darcy Homes (South) Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 10888675

Darcy Homes (South) Ltd

Filleted Unaudited Financial Statements

31 July 2025

Darcy Homes (South) Ltd

Statement of Financial Position

31 July 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	5	3,103	4,532

Current assets

Stocks		2,304,825	1,753,589
Debtors	6	5,141	7,879
Cash at bank and in hand		43,152	243,163
		------------	------------
		2,353,118	2,004,631

Creditors: amounts falling due within one year	7	( 705,061)	( 761,544)
		------------	------------
Net current assets		1,648,057	1,243,087
		------------	------------
Total assets less current liabilities		1,651,160	1,247,619

Creditors: amounts falling due after more than one year	8	( 1,753,694)	( 1,308,223)
		------------	------------
Net liabilities		( 102,534)	( 60,604)
		------------	------------

Capital and reserves

Called up share capital	750	750
Profit and loss account	( 103,284)	( 61,354)
	---------	--------
Shareholders deficit	( 102,534)	( 60,604)
	---------	--------

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 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Darcy Homes (South) Ltd

Statement of Financial Position (continued)

31 July 2025

These financial statements were approved by the board of directors and authorised for issue on 29 July 2026 , and are signed on behalf of the board by:

Mrs P K Mew
Director

Company registration number: 10888675

Darcy Homes (South) Ltd

Notes to the Financial Statements

Year ended 31 July 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 13 Westlink, Belbins Business Park, Cupernham Lane, Romsey, Hampshire, SO51 7JF, England.

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.

Going concern

The financial statements have been prepared on a going concern basis. The company is dependent on the continued support of its director. The director has given confirmation that she does not intend to withdraw support in the foreseeable future. These financial statements do not include any adjustment which might result from such a withdrawal of support.

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:

Motor vehicles	-	25% reducing balance
Equipment	-	20% straight line

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.

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.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

5. Tangible assets

	Motor vehicles	Equipment	Total
	£	£	£
Cost
At 1 August 2024 and 31 July 2025	5,200	6,403	11,603
	-------	-------	--------
Depreciation
At 1 August 2024	3,006	4,065	7,071
Charge for the year	549	880	1,429
	-------	-------	--------
At 31 July 2025	3,555	4,945	8,500
	-------	-------	--------
Carrying amount
At 31 July 2025	1,645	1,458	3,103
	-------	-------	--------
At 31 July 2024	2,194	2,338	4,532
	-------	-------	--------

6. Debtors

	2025	2024
	£	£
Other debtors	5,141	7,879
	-------	-------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	10,502	20,694
Trade creditors	11,212	59,989
Social security and other taxes	2,436	–
Other creditors	680,911	680,861
	---------	---------
	705,061	761,544
	---------	---------

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	1,753,694	1,308,223
	------------	------------

9. Related party transactions

During the year, there was a loan due from a company controlled by the director of £675,146 (2024 £675,146). This loan is repayable on demand.