Dufaylite Developments Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 00556002

Dufaylite Developments Limited

Filleted Unaudited Financial Statements

For the period ended

31 December 2025

Dufaylite Developments Limited

Statement of Financial Position

31 December 2025

	31 Dec 25		30 Sep 24
Note	£	£	£

Fixed assets

Tangible assets	6		315,219	444,500

Current assets

Stocks		274,422	222,813
Debtors	7	1,663,925	1,799,180
Cash at bank and in hand		27,558	9,666
		------------	------------
		1,965,905	2,031,659

Creditors: amounts falling due within one year	8	1,337,885		1,010,095
		------------		------------
Net current assets			628,020	1,021,564
			---------	------------
Total assets less current liabilities			943,239	1,466,064

Provisions

Taxation including deferred tax	67,486	100,008
	---------	------------
Net assets	875,753	1,366,056
	---------	------------

Capital and reserves

Called up share capital	50,350	50,350
Profit and loss account	825,403	1,315,706
	---------	------------
Shareholder funds	875,753	1,366,056
	---------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.

For the period ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The member has not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Dufaylite Developments Limited

Statement of Financial Position (continued)

31 December 2025

These financial statements were approved by the board of directors and authorised for issue on 12 March 2026 , and are signed on behalf of the board by:

A Moscrop	A J Moscrop
Director	Director

Company registration number: 00556002

Dufaylite Developments Limited

Notes to the Financial Statements

Period from 1 October 2024 to 31 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Cromwell Road, St Neots, Hunts, Cambridgeshire, PE19 1QW.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in GBP, which is the functional currency of the entity.

Going concern

The directors have prepared the financial statements on a going concern basis. The company incurred a loss of £490,303 during the year ended 31 December 2025 (2024: £307,802) and, at that date, the company had net assets of £875,753 (2024: £ 1,366,056). As part of their review, the directors have considered the liabilities of the company and the level of group and ultimate investor support received and the period the support covers together with the net asset position reported. The directors are confident that the company, with the support of the group and ultimate investors, will have sufficient funds to continue to meet its liabilities as they fall due for a period of at least 12 months from the date of signing and approving the financial statements.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The judgements (apart from those involving estimations) that management has made in the process of applying the entity's accounting policies and that have the most significant effect on the amounts recognised in the financial statements are as disclosed in the accounting policies and notes to the financial statements. Accounting estimates and assumption are made concerning the future and, by their nature, will rarely equal the related actual outcome. The key assumptions and other sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are as disclosed in the accounting policies and notes to the financial statements. 1. Depreciation charge and amortisation The annual depreciation charge for each class of tangible fixed asset is based on an estimate of the useful economic life of the respective assets. This is reviewed periodically by the directors to ensure that they reflect both the external and internal factors.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer, usually on despatch of the goods, the amount of revenue can be measured reliably, it is probable that the associated economic benefits will flow to the entity, and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Research and development tax credits are recognised in the period they relate to and is included in the tax charge or tax credit. Deferred tax is recognised in respect of all material timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Goodwill

Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	10 years straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Plant and Machinery	-	3 - 10 years straight line

Stocks

Raw materials, consumables and goods for resale are valued at the lower of cost and net realisable value, on a first in first out basis, after making due allowance for obsolete and slow moving items. Cost is based on purchase price and on a first in first out basis.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial instruments

The company holds basic financial instruments as defined in FRS102. The financial assets and financial liabilities of the company and their measurement basis are as follows: Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at amortised cost. Financial liabilities - trade creditors, accruals and other creditors are financial instruments, and are measured at amortised cost. Taxation and social security are not included in the financial instruments disclosure definition.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the period amounted to 40 (2024: 38 ).

5. Intangible assets

	Goodwill
	£
Cost
At 1 October 2024 and 31 December 2025	648,000
	---------
Amortisation
At 1 October 2024 and 31 December 2025	648,000
	---------
Carrying amount
At 31 December 2025	–
	---------
At 30 September 2024	–
	---------

6. Tangible assets

	Plant and machinery	Total
	£	£
Cost
At 1 October 2024	1,815,472	1,815,472
Additions	53,901	53,901
	------------	------------
At 31 December 2025	1,869,373	1,869,373
	------------	------------
Depreciation
At 1 October 2024	1,370,972	1,370,972
Charge for the period	183,182	183,182
	------------	------------
At 31 December 2025	1,554,154	1,554,154
	------------	------------
Carrying amount
At 31 December 2025	315,219	315,219
	------------	------------
At 30 September 2024	444,500	444,500
	------------	------------

7. Debtors

	31 Dec 25	30 Sep 24
	£	£
Trade debtors	569,856	672,485
Amounts owed by group undertakings and undertakings in which the company has a participating interest	1,076,391	1,031,443
Other debtors	17,678	95,252
	------------	------------
	1,663,925	1,799,180
	------------	------------

8. Creditors: amounts falling due within one year

	31 Dec 25	30 Sep 24
	£	£
Bank loans and overdrafts	454,608	321,110
Trade creditors	549,559	475,728
Social security and other taxes	198,737	105,783
Other creditors	134,981	107,474
	------------	------------
	1,337,885	1,010,095
	------------	------------

Other bank loans are secured against the assets of the company and parent company.

There is a cross guarantee and debenture between the company and its parent company.

9. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	31 Dec 25	30 Sep 24
	£	£
Not later than 1 year	395,000	395,000
Later than 1 year and not later than 5 years	558,925	1,052,675
	---------	------------
	953,925	1,447,675
	---------	------------

10. Controlling party

The company is a subsidiary undertaking of Dufaylite Group Limited with the ultimate controlling party being A Moscrop .