D Clay Limited Accounts






D Clay Limited

	Company No. 04352887
		Information for Filing with The Registrar
		28 February 2026

The Director presents his report and the accounts for the year ended 28 February 2026.

Principal activities
The principal activity of the company during the year under review was .




Director

The Director who served at any time during the year was as follows:

D.G. Clay









































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

D.G. Clay
Director
01 September 2026

at	28 February 2026
Company No.		04352887	Notes	2026	2025
				£	£
Fixed assets

	Tangible assets		5	471,933	419,824


				471,933	419,824
Current assets
	Stocks		6	5,000	5,000
	Debtors		7	9,082	9,547

	Cash at bank and in hand			386,600	407,402
				400,682	421,949
Creditors: Amount falling due within one year			8	(83,496)	(104,993)
Net current assets				317,186	316,956
Total assets less current liabilities				789,119	736,780
Creditors: Amounts falling due after more than one year			9	(78,304)	(87,719)
Provisions for liabilities
	Deferred taxation		10	(22,751)	(7,390)

Net assets				688,064	641,671

Capital and reserves
	Called up share capital			2	2



	Profit and loss account		12	688,062	641,669

Total equity				688,064	641,671



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 01 September 2026 and signed on its behalf by:
D.G. Clay
Director
01 September 2026

for the year ended 28 February 2026

General information

D Clay Limited is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 04352887

Its registered office is:

25 Meadow View

Clitheroe

Lancashire

BB7 2NT

The accounts have been prepared in accordance and comply with FRS 102 and Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue 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.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Intangible fixed assets

Intangible fixed assets are carried at cost less accumulated amortisation and impairment losses.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Freehold buildings

% Not provided

Plant and machinery

15% reducing balance

Motor vehicles

25% reducing balance

Furniture, fittings and equipment

15% reducing balance

Leased assets

The Company did not enter into any lease arrangements during the year and had no right-of-use assets or lease liabilities at the reporting date.

Research and development costs

Expenditure on research and development is written off in the year it is incurred unless it meets the criteria to allow it to be capitalised. Costs of research are always written off in the year in which they are incurred. Where development costs are recognised as an asset, they are amortised over the period expected to benefit from them. Amortisation of the capitalised costs begins once the developed product comes into use, typically at rate of 33.33% straight line.

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 profit and loss account because of items of income or expense that are taxable or deductible in other years 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 temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary 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.

Current or deferred tax for the year is recognised in profit or loss, except when they relate 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.

Freehold investment property

Investment properties are revalued annually and any surplus or deficit is dealt with through the profit and loss account.

No depreciation is provided in respect of investment properties.

Investments

Unlisted investments (except those held as subsidiaries, associates or joint ventures) are recognised initially at fair value less attributable transaction costs. Subsequent to initial recognition, any changes in fair value are recognised in profit and loss.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of inventories recognised as an expense in the period in which the reversal occurs.

Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Foreign currencies

The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.

Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. all differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.

Employee benefits

Defined contribution pensions

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations.

The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
			2026	2025
			Number	Number
		The average monthly number of employees (including directors) during the year was:	12	10

4	Taxation
		(a) Tax on profit on ordinary activities	2026	2025
		The tax charge is made up as follows:	£	£
		UK corporation tax
		Charge for the period	9,299	19,250

		Total corporation tax	9,299	19,250

		Origination and reversal of timing differences	13,027	-
		Changes in tax rates	2,334	-
		Total deferred tax	15,361	-

		Tax on profit on ordinary activities	24,660	19,250

		(b) Factors affecting the total tax charge for the period
		The tax assessed for the year is lower than the standard rate of corporation tax in the UK. The differences are reconciled below:
		Lower	2026	2025
		-603	£	£
		Profit on ordinary activities before tax	101,053	68,078

		Standard rate of corporation tax in the United Kingdom	25%	19%

		Profit on ordinary activities multiplied by standard rate of corporation tax in the United Kingdom	25,263	12,935
		Expenses not deductible for tax purposes	(603)	6,315




		Tax on profit on ordinary activities	24,660	19,250

5	Tangible fixed assets
			Land and buildings	Plant and machinery	Motor vehicles	Fixtures, fittings and equipment	Total
			£	£	£	£	£
		Cost or revaluation
		At 1 March 2025	380,929	36,986	40,456	8,107	466,478
		Additions	-	963	61,833	-	62,796



		At 28 February 2026	380,929	37,949	102,289	8,107	529,274
		Depreciation
		At 1 March 2025	-	20,574	21,706	4,374	46,654
		Charge for the year	-	2,606	7,521	560	10,687



		At 28 February 2026	-	23,180	29,227	4,934	57,341
		Net book values
		At 28 February 2026	380,929	14,769	73,062	3,173	471,933
		At 28 February 2025	380,929	16,412	18,750	3,733	419,824

6	Stocks
			2026	2025
			£	£
		Raw materials and consumables	5,000	5,000


			5,000	5,000

7	Debtors
			2026	2025
			£	£







		Prepayments and accrued income	9,082	9,547
			9,082	9,547

8	Creditors:
		amounts falling due within one year
			2026	2025
			£	£

		Bank loans and overdrafts	13,000	15,856


		Trade creditors	8,322	15,497

		Taxes and social security	41,465	47,384
		Loans from directors	8,019	7,637
		Other creditors	4,847	3,885
		Accruals and deferred income	7,843	14,734
			83,496	104,993

9	Creditors:
		amounts falling due after more than one year
			2026	2025
			£	£

		Bank loans and overdrafts	78,304	87,719






			78,304	87,719

10	Deferred taxation
			Accelerated Capital Allowances, Losses and Other Timing Differences	Total
			£	£
		At 1 March 2025	7,390	7,390
		Charge to the profit and loss account for the period	15,361	15,361

		At 28 February 2026	22,751	22,751


			2026	2025
			£	£
		Accelerated capital allowances	22,751	7,390



			22,751	7,390

Share Capital

The Company's issued share capital at the year end comprised of 2 ordinary shares of £1 each, all of which were fully paid.

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.