Company Registration No. 12365368 (England and Wales)
Davidson Brands Group Ltd
Unaudited accounts
for the year ended 31 December 2025
Davidson Brands Group Ltd
Unaudited accounts
Contents
Davidson Brands Group Ltd
Company Information
for the year ended 31 December 2025
Director
Luke Alexander DUGAN
Company Number
12365368 (England and Wales)
Registered Office
7 Bell Yard
London
WC2A 2JR
United Kingdom
Accountants
Zmartly Ltd
20-22 Wenlock Road
London
N1 7GU
Davidson Brands Group Ltd
Statement of financial position
as at 31 December 2025
Cash at bank and in hand
35,635
76,852
Creditors: amounts falling due within one year
(77,945)
(14,956)
Net current assets
307,807
171,688
Total assets less current liabilities
307,807
171,688
Creditors: amounts falling due after more than one year
(30,242)
(4,325)
Net assets
277,565
167,363
Called up share capital
1
1
Profit and loss account
277,564
167,362
Shareholders' funds
277,565
167,363
For the year ending 31 December 2025 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 7 September 2026 and were signed on its behalf by
Luke Alexander DUGAN
Director
Company Registration No. 12365368
Davidson Brands Group Ltd
Notes to the Accounts
for the year ended 31 December 2025
Davidson Brands Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 12365368. The registered office is 7 Bell Yard, London, WC2A 2JR, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The accounts have been prepared under the historical cost convention.
The accounts are presented in £ sterling.
The accounts have been prepared on the going concern basis. The director has assessed the company's financial position and its net current assets of £307,807 and has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.
Turnover represents amounts receivable for goods sold through online marketplaces, net of value added tax and returns. Revenue is recognised when the goods are despatched and control has passed to the customer, the amount can be measured reliably and receipt of the consideration is probable. Marketplace commissions and fees are recognised within cost of sales.
Inventories are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises the purchase price of goods held for resale.
Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate at the reporting date, with exchange differences taken to the profit and loss account.
The company holds only basic financial instruments; trade and other debtors and creditors, cash, bank and other loans, and balances with group undertakings and the director. These are initially measured at transaction price and subsequently at amortised cost.
Amounts falling due within one year
Trade debtors
121,002
10,837
Other debtors
169,703
93,571
Davidson Brands Group Ltd
Notes to the Accounts
for the year ended 31 December 2025
5
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
-
5,131
Trade creditors
1,847
1,814
Taxes and social security
30,645
7,350
Other creditors
45,453
661
6
Creditors: amounts falling due after more than one year
2025
2024
7
Transactions with related parties
The company is a member of a group headed by Credo Digital Holdings Ltd, a company registered in England and Wales.
During the year the company claimed group relief of £84,199 from Pik Me Up Confectionery Co Limited, a fellow group company, for no payment.
The immediate parent undertaking is Credo Digital Holdings Ltd, incorporated in England and Wales. The ultimate controlling party is Mr Luke Alexander Dugan, by virtue of his control of the parent company.
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).