Registration number: 05670809

Decron Limited

Contents

Company Information	1
Director's Report	2
Accountants' Report	3
Balance Sheet	4
Notes to the Unaudited Financial Statements	5 to 11

Decron Limited

Company Information

Director

Mr Ian Wallbank

Registered office

Unit 14 Primrose Business Park Primrose Road Clitheroe Lancashire BB7 1DR

Accountants

Kneeshaws 2018 Ltd Chartered AccountantsFourth Floor St James House St James's Row Burnley Lancashire BB11 1DR

Decron Limited

Director's Report for the Year Ended 30 November 2025

The director presents his report and the financial statements for the year ended 30 November 2025.

Director of the company

The director who held office during the year was as follows:

Mr Ian Wallbank

Principal activity

The principal activity of the company is Construction services

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 15 August 2026
 

......................................... Mr Ian Wallbank Director

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Decron Limited
for the Year Ended 30 November 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Decron Limited for the year ended 30 November 2025 as set out on pages 4 to 11 from the company's accounting records and from information and explanations you have given us.

......................................

Kneeshaws 2018 Ltd
Chartered Accountants
Fourth Floor
St James House
St James's Row
Burnley
Lancashire
BB11 1DR

15 August 2026

Decron Limited

(Registration number: 05670809)
Balance Sheet as at 30 November 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	1,986,888	2,136,515
Other financial assets	5	150	150
		1,987,038	2,136,665
Current assets
Stocks	6	88,720	72,480
Debtors	7	2,903,903	2,490,563
Cash at bank and in hand		170,100	118,850
		3,162,723	2,681,893
Creditors: Amounts falling due within one year	8	(1,922,392)	(1,351,775)
Net current assets		1,240,331	1,330,118
Total assets less current liabilities		3,227,369	3,466,783
Creditors: Amounts falling due after more than one year	8	(929,297)	(1,319,756)
Net assets		2,298,072	2,147,027
Capital and reserves
Called up share capital	9	100	100
Retained earnings		2,297,972	2,146,927
Shareholders' funds		2,298,072	2,147,027

For the financial year ending 30 November 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; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act 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. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account and Director's Report.

Approved and authorised by the director on 15 August 2026
 

......................................... Mr Ian Wallbank Director

Decron Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Unit 14 Primrose Business Park
Primrose Road
Clitheroe
Lancashire
BB7 1DR

These financial statements were authorised for issue by the director on 15 August 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Decron Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant & Machinery	15%/10% reducing balance
Computer Equipment	25% reducing balance
Motor Vehicles	15% reducing balance
Furniture & fittings	25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Decron Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 17 (2024 - 16).

Decron Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

4	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Motor vehicles  £	Other tangible assets £
Cost or valuation
At 1 December 2024	10,728	7,670	306,771	2,624,419
Additions	-	-	80,800	8,239
At 30 November 2025	10,728	7,670	387,571	2,632,658
Depreciation
At 1 December 2024	10,728	6,335	107,555	688,455
Charge for the year	-	334	42,003	196,329
At 30 November 2025	10,728	6,669	149,558	884,784
Carrying amount
At 30 November 2025	-	1,001	238,013	1,747,874
At 30 November 2024	-	1,335	199,216	1,935,964

	Total £
Cost or valuation
At 1 December 2024	2,949,588
Additions	89,039
At 30 November 2025	3,038,627
Depreciation
At 1 December 2024	813,073
Charge for the year	238,666
At 30 November 2025	1,051,739
Carrying amount
At 30 November 2025	1,986,888
At 30 November 2024	2,136,515

Included within the net book value of land and buildings above is £Nil (2024 - £Nil) in respect of long leasehold land and buildings.
 

Decron Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

5	Other financial assets (current and non-current)

	Financial assets at cost less impairment £	Total £
Non-current financial assets
Cost or valuation
At 1 December 2024	150	150
At 30 November 2025	150	150
Impairment
Carrying amount
At 30 November 2025	150	150

6

Stocks

	2025 £	2024 £
Other inventories	88,720	72,480

7

Debtors

Current	2025 £	2024 £
Trade debtors	1,268,656	1,153,409
Other debtors	1,635,247	1,337,154
	2,903,903	2,490,563

8

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	10	851,280	647,890
Trade creditors		642,895	590,430
Taxation and social security		321,341	51,527
Other creditors		106,876	61,928
		1,922,392	1,351,775

Creditors: amounts falling due after more than one year

Decron Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	10	929,297	1,319,756

9	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary of £1 each	100	100	100	100

10	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	32,755	54,342
Hire purchase contracts	896,542	1,265,414
	929,297	1,319,756

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	277,301	94,039
Hire purchase contracts	573,979	553,851
	851,280	647,890

11	Related party transactions

Decron Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

Director's remuneration

The director's remuneration for the year was as follows:

	2025 £	2024 £
Remuneration	8,060	8,060
Contributions paid to money purchase schemes	-	10,000
	8,060	18,060

Dividends paid to the director

		2025 £		2024 £
Mr Ian Wallbank
Ordinary Dividends		110,000		42,000

Loans to related parties

2025	Entities with joint control or significant influence £	Total £
At start of period	1,111,423	1,111,423
Repaid	(6,307)	(6,307)
At end of period	1,105,116	1,105,116

2024	Entities with joint control or significant influence £	Total £
At start of period	1,103,050	1,103,050
Advanced	8,373	8,373
At end of period	1,111,423	1,111,423