REGISTERED NUMBER: 05037082 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2025

for

David Downton Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Director:

D S Downton

Secretary:

S Gamble

Registered office:

85 Church Road

Hove

East Sussex

BN3 2BB

Registered number:

05037082 (England and Wales)

Accountants:

Wilson Sandford Limited

Chartered accountants

85 Church Road

Hove

East Sussex

BN3 2BB

Fixed assets

Intangible assets

4

-

-

Tangible fixed assets

5

965

2,046

965

2,046

Current assets

Debtors

6

3,719

5,025

Cash at bank

77,621

54,923

81,340

59,948

Creditors

Amounts falling due within one year

7

27,601

50,559

Net current assets

53,739

9,389

Total assets less current liabilities

54,704

11,435

Provisions for liabilities

241

512

Net assets

54,463

10,923

Capital and reserves

Called up share capital

8

1,000

1,000

Retained earnings

53,463

9,923

Shareholders' funds

54,463

10,923

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 August 2026 and were signed by:

D S Downton - Director

1.	Statutory information

David Downton 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.

The presentation currency of the financial statements is in Pound Sterling (£) and rounding is to the nearest (£).

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 net of VAT and trade discounts.The policies adopted for the recognition of turnover are as follows:

Sale of goods

Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably.This is usually on dispatch of the goods.

Rendering of services

When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period. When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Goodwill

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.

Goodwill, being the amount paid in connection with the acquisition of a business in 2005, has been fully amortised over its estimated useful life of ten years.

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.

Other intangible assets are amortised over their estimated useful life of ten years.

Tangible fixed assets

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings - 20% straight line

Plant and machinery etc - 33% straight line and 25% reducing balance

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.

Leasing commitments

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 1 (2024 - 2 ) .

4.	Intangible fixed assets

Goodwill

£

Cost

At 1 December 2024

and 30 November 2025

57,106

Amortisation

At 1 December 2024

and 30 November 2025

57,106

Net book value

At 30 November 2025

-

At 30 November 2024

-

5.	Tangible fixed assets

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Cost

At 1 December 2024

and 30 November 2025

9,443

24,042

33,485

Depreciation

At 1 December 2024

9,443

21,996

31,439

Charge for year

-

1,081

1,081

At 30 November 2025

9,443

23,077

32,520

Net book value

At 30 November 2025

-

965

965

At 30 November 2024

-

2,046

2,046

6.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

2,600

4,424

Other debtors

1,119

601

3,719

5,025

7.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

2,845

274

Taxation and social security

18,463

8,729

Other creditors

6,293

41,556

27,601

50,559

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

760

Ordinary A

£1

760

760

240

Ordinary B

£1

240

240

1,000

1,000

9.	Related party disclosures

Within creditors is £0 (2024: £35,758) owed to the director.