S & J Davies Ltd - Accounts

S & J Davies Ltd
Statement of Financial Position
As at 31 October 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	48,987	26,191
		48,987	26,191
Current assets
Stocks	4	30,150	75,150
Debtors	5	23,723	15,255
Cash at bank and in hand		39,733	24,184
		93,606	114,589
Creditors: amount falling due within one year	6	(35,417)	(62,653)
Net current assets		58,189	51,936

Total assets less current liabilities		107,176	78,127
Creditors: amount falling due after more than one year	7	(12,600)	-
Provisions for liabilities	8	(8,881)	(4,456)
Net assets		85,695	73,671

Capital and reserves
Called up share capital		100	100
Profit and loss account		85,595	73,571
Shareholders' funds		85,695	73,671

For the year ended 31 October 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 accounts for the year in question in accordance with section 476.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The financial statements were approved by the director on 31 July 2026 and were signed by:

-------------------------------
Steven Andrew Davies
Director

S & J Davies Ltd
Notes to the Financial Statements
For the year ended 31 October 2025

General Information

S & J Davies Ltd is a private company, limited by shares, registered in England and Wales, registration number 05529782, registration address Bloomfield Hatch Farm Bungalow, Mortimer, Reading, Berkshire, RG7 3AD.

The presentation currency is £ sterling.

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.

Finance lease and hire purchase charges

The finance element of the rental payment is charged to the income statement on a straight line basis.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The companys liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred taxation

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

Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.

Current and deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	25% Reducing Balance
Computer Equipment	33.33% Straight Line

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 1 (2024 : 1).

Tangible fixed assets

Cost or valuation	Plant and Machinery	Computer Equipment	Total
	£	£	£
At 01 November 2024	656,321	-	656,321
Additions	30,939	375	31,314
Disposals	-	-	-
At 31 October 2025	687,260	375	687,635
Depreciation
At 01 November 2024	630,130	-	630,130
Charge for year	8,422	96	8,518
On disposals	-	-	-
At 31 October 2025	638,552	96	638,648
Net book values
Closing balance as at 31 October 2025	48,708	279	48,987
Opening balance as at 01 November 2024	26,191	-	26,191

Stocks

	2025 £		2024 £
Stocks	30,150		75,150
	30,150		75,150

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade Debtors	11,223	8,560
Prepayments & Accrued Income	3,324	2,907
Taxation recoverable	9,176	3,788
	23,723	15,255

Creditors: amount falling due within one year

	2025 £	2024 £
Hire Purchase - less than 1 year	8,400	-
Social Security and Other Taxes	-	7,163
Other Creditors	398	1
Directors' Current Accounts	26,619	55,489
	35,417	62,653

Creditors: amount falling due after more than one year

	2025 £		2024 £
Hire Purchase - 1-5 years	12,600		-
	12,600		-

Provisions for liabilities

	2025 £		2024 £
Deferred Tax	8,881		4,456
	8,881		4,456

Registered Number: 05529782
England and Wales
S & J DAVIES LTD

Unaudited Financial Statements

Period of accounts Start date: 01 November 2024 End date: 31 October 2025