REGISTERED NUMBER: 05781402 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Down To Earth Recycling Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms S J Bichard

G P Millson

A P Millson

REGISTERED OFFICE:

Old Cement Works

Gainsthorpe Road

Kirton Lindsey

Gainsborough

Lincolnshire

DN21 4JH

REGISTERED NUMBER:

05781402 (England and Wales)

ACCOUNTANTS:

ABC Accounting Services

1 Willoughton Place

Wharton Close

Gainsborough

Lincolnshire

DN21 1EB

FIXED ASSETS

Tangible assets

4

1,183,892

1,453,456

CURRENT ASSETS

Stocks

61,467

54,681

Debtors

5

616,197

229,043

Cash at bank

376,730

439,929

1,054,394

723,653

CREDITORS

Amounts falling due within one year

6

188,264

261,498

NET CURRENT ASSETS

866,130

462,155

TOTAL ASSETS LESS CURRENT LIABILITIES

2,050,022

1,915,611

CREDITORS

Amounts falling due after more than one year

7

(233,333

)

(339,437

)

PROVISIONS FOR LIABILITIES

(101,718

)

(197,406

)

NET ASSETS

1,714,971

1,378,768

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

1,714,771

1,378,568

1,714,971

1,378,768

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 14 July 2026 and were signed on its behalf by:

Ms S J Bichard - Director

1.	STATUTORY INFORMATION

Down To Earth Recycling Ltd. 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.

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.

Freehold property

-

at varying rates on cost

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

20% on cost

Computer equipment

-

25% 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.

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

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 4 (2025 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

Computer

property

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2025

898,683

1,108,220

-

525

2,007,428

Additions

-

480,000

43,565

1,873

525,438

Disposals

-

(1,035,694

)

-

-

(1,035,694

)

At 31 March 2026

898,683

552,526

43,565

2,398

1,497,172

DEPRECIATION

At 1 April 2025

147,976

405,917

-

79

553,972

Charge for year

14,638

102,808

8,713

579

126,738

Eliminated on disposal

-

(367,430

)

-

-

(367,430

)

At 31 March 2026

162,614

141,295

8,713

658

313,280

NET BOOK VALUE

At 31 March 2026

736,069

411,231

34,852

1,740

1,183,892

At 31 March 2025

750,707

702,303

-

446

1,453,456

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

Plant and

machinery

£

COST

At 1 April 2025

634,526

Additions

480,000

Disposals

(562,000

)

At 31 March 2026

552,526

DEPRECIATION

At 1 April 2025

261,746

Charge for year

102,808

Eliminated on disposal

(223,259

)

At 31 March 2026

141,295

NET BOOK VALUE

At 31 March 2026

411,231

At 31 March 2025

372,780

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

198,390

134,070

Amounts owed by group undertakings

314,911

-

Other debtors

67,822

67,822

VAT

35,074

27,151

616,197

229,043

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

-

15,767

Hire purchase contracts

51,485

77,376

Trade creditors

56,315

34,071

Amounts owed to group undertakings

-

42,784

Tax

77,589

88,659

Other creditors

373

342

Accrued expenses

2,502

2,499

188,264

261,498

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans - 1-2 years

-

15,767

Bank loans - 2-5 years

-

77,983

Hire purchase contracts

233,333

245,687

233,333

339,437