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Registered number: 04593713
Dhillon Accountants Limited
Unaudited Financial Statements
For The Year Ended 30 November 2025
Dhillon Accountants Limited
Chartered Accountants
Office 1
21 Hatherton Street
Walsall
WS4 2LA
Contents
Page
Balance Sheet 1—2
Statement of Changes in Equity 3
Notes to the Financial Statements 4—6
Page 1
Balance Sheet
Registered number: 04593713
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 22,993 24,346
Tangible Assets 5 44,794 31,410
67,787 55,756
CURRENT ASSETS
Debtors 6 125,749 126,244
Cash at bank and in hand 237,543 253,418
363,292 379,662
Creditors: Amounts Falling Due Within One Year 7 (163,304 ) (168,732 )
NET CURRENT ASSETS (LIABILITIES) 199,988 210,930
TOTAL ASSETS LESS CURRENT LIABILITIES 267,775 266,686
PROVISIONS FOR LIABILITIES
Deferred Taxation (10,977 ) (7,582 )
NET ASSETS 256,798 259,104
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 256,698 259,004
SHAREHOLDERS' FUNDS 256,798 259,104
Page 1
Page 2
For the 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.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Aurijit Basu
Director
28/08/2026
The notes on pages 4 to 6 form part of these financial statements.
Page 2
Page 3
Statement of Changes in Equity
Share Capital Profit and Loss Account Total
£ £ £
As at 1 December 2023 100 221,822 221,922
Profit for the year and total comprehensive income - 143,882 143,882
Dividends paid - (106,700) (106,700)
As at 30 November 2024 and 1 December 2024 100 259,004 259,104
Profit for the year and total comprehensive income - 127,694 127,694
Dividends paid - (130,000) (130,000)
As at 30 November 2025 100 256,698 256,798
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Dhillon Accountants Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04593713 . The registered office is Office 1, 21 Hatherton Street, Walsall, England, WS4 2LA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 20 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Office Equipment, Fixtures & Fittings 20% reducing balance
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Page 4
Page 5
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2024: 8)
8 8
4. Intangible Assets
Goodwill
£
Cost
As at 1 December 2024 119,556
As at 30 November 2025 119,556
Amortisation
As at 1 December 2024 95,210
Provided during the period 1,353
As at 30 November 2025 96,563
Net Book Value
As at 30 November 2025 22,993
As at 1 December 2024 24,346
5. Tangible Assets
Office Equipment, Fixtures & Fittings
£
Cost or Valuation
As at 1 December 2024 68,059
Additions 19,459
As at 30 November 2025 87,518
Depreciation
As at 1 December 2024 36,649
Provided during the period 6,075
As at 30 November 2025 42,724
Net Book Value
As at 30 November 2025 44,794
As at 1 December 2024 31,410
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Page 6
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 55,337 93,002
Prepayments and accrued income 9,885 8,845
Other debtors 36,340 -
Amounts owed by group undertakings 24,187 24,397
125,749 126,244
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 304 3,527
Bank loans and overdrafts 6,959 18,370
Corporation tax 39,763 46,491
Other taxes and social security 6,005 4,485
VAT 57,695 57,507
Other creditors 50,000 38,300
Director's loan account 2,578 52
163,304 168,732
8. Share Capital
2025 2024
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.000 each 100 100
9. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Clinical Accountants Limited . Clinical Accountants Limited was incorporated in England and Wales.
Page 6