Darvills Pets and Gardens Limited - Accounts to registrar (filleted)

DARVILLS PETS AND GARDENS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R C Darvill

S P Darvill

Mrs C Darvill

REGISTERED OFFICE:

2 Cemetery Road

Four Lane Ends

BRADFORD

West Yorkshire

BD8 9RY

REGISTERED NUMBER:

01173391 (England and Wales)

ACCOUNTANTS:

Wilkinson and Partners

Chartered Accountants

Fairfax House

6a Mill Field Road

Cottingley Business Park

Bradford

West Yorkshire

BD16 1PY

FIXED ASSETS

Intangible assets

5

37,117

Tangible assets

6

199,480

193,293

236,597

230,410

CURRENT ASSETS

Stocks

20,772

21,004

Debtors

7

10,940

7,314

Cash at bank

7,084

6,730

38,796

35,048

CREDITORS

Amounts falling due within one year

8

51,138

40,449

NET CURRENT LIABILITIES

(12,342

)

(5,401

)

TOTAL ASSETS LESS CURRENT LIABILITIES

224,255

225,009

PROVISIONS FOR LIABILITIES

9

1,779

599

NET ASSETS

222,476

224,410

CAPITAL AND RESERVES

Called up share capital

10

8,000

Retained earnings

214,476

216,410

SHAREHOLDERS' FUNDS

222,476

224,410

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 July 2026 and were signed on its behalf by:

R C Darvill - Director

1.	STATUTORY INFORMATION

Darvills Pets and Gardens 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.

In accordance with Section 444 of the Companies Act 2006, the Directors Report has not been delivered.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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 is the amount paid in connection with the acquisition of the business in 1983.

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.

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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 Statement of Income and Retained Earnings, 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 5 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 November 2024

and 31 October 2025

37,117

NET BOOK VALUE

At 31 October 2025

37,117

At 31 October 2024

37,117

6.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

COST

At 1 November 2024

190,000

8,754

14,689

1,546

214,989

Additions

-

8,100

-

8,100

At 31 October 2025

190,000

8,754

22,789

1,546

223,089

DEPRECIATION

At 1 November 2024

-

8,682

11,468

1,546

21,696

Charge for year

-

11

1,902

-

1,913

At 31 October 2025

-

8,693

13,370

1,546

23,609

NET BOOK VALUE

At 31 October 2025

190,000

61

9,419

-

199,480

At 31 October 2024

190,000

72

3,221

-

193,293

The freehold property is not depreciated, as the Directors consider the current market value to be greater than the historic cost as shown in the balance sheet.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

Tax

5,009

3,375

VAT

3,073

1,756

Prepayments

2,858

2,183

10,940

7,314

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

Trade creditors

23,630

23,448

Tax

-

1,772

Social security and other taxes

1,074

1,051

Other creditors

6,300

201

Directors' current accounts

17,500

11,019

Accrued expenses

2,634

2,958

51,138

40,449

Loans from the directors are interest free and repayable on demand.

9.	PROVISIONS FOR LIABILITIES

31.10.25

31.10.24

£

Deferred tax

1,779

599

Deferred

tax

£

Balance at 1 November 2024

599

Accelerated capital allowances

1,180

Balance at 31 October 2025

1,779

The entire provision for deferred tax relates to accelerated capital allowances.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.25

31.10.24

value:

£

7,900

Ordinary

£1

7,900

100

Class A

£1

100

8,000