REGISTERED NUMBER: 03035378 (England and Wales)

Financial Statements

for the Year Ended 28th February 2026

for

Buffery & Co. Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M C Buffery

Mrs K A Buffery

SECRETARIES:

Mrs K A Buffery

Miss A T Buffery

REGISTERED OFFICE:

Chiltern House

45 Station Rd

Henley On Thames

Oxfordshire

RG9 1AT

REGISTERED NUMBER:

03035378 (England and Wales)

ACCOUNTANTS:

Buffery & Co Ltd

Chiltern House

45 Station Rd

Henley On Thames

Oxfordshire

RG9 1AT

FIXED ASSETS

Intangible assets

4

-

81,470

Tangible assets

5

1,342

-

Investments

6

1,434

1,434

2,776

82,904

CURRENT ASSETS

Stocks

45,066

51,386

Debtors

7

447,692

299,523

Cash at bank and in hand

77,832

105,913

570,590

456,822

CREDITORS

Amounts falling due within one year

213,924

174,851

NET CURRENT ASSETS

356,666

281,971

TOTAL ASSETS LESS CURRENT LIABILITIES

359,442

364,875

CREDITORS

Amounts falling due after more than one year

20,828

-

NET ASSETS

338,614

364,875

CAPITAL AND RESERVES

Called up share capital

8

1,000

1,000

Retained earnings

9

337,614

363,875

SHAREHOLDERS' FUNDS

338,614

364,875

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 28th February 2026 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3rd October 2026 and were signed on its behalf by:

M C Buffery - Director

1.	STATUTORY INFORMATION

Buffery & Co. Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill represents the value of practices purchased in 2009. Goodwill was amortised in previous years to the extent that it could be written down against tax. The remaining balance of £81,470, which would not have been allowable against tax, had not been amortised. Following the director's decision, after the year end, to retire and pass the client list to another firm, the company no longer carries on the practice that the goodwill relates to, and the balance has been written off in full in the year ended 28th February 2026.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Assets are depreciated over approximately three years.

Work in progress

Work in progress represents the estimated value of work done on behalf of clients which has not been invoiced at the year end.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1st March 2025

and 28th February 2026

474,693

AMORTISATION

At 1st March 2025

393,223

Impairments

81,470

At 28th February 2026

474,693

NET BOOK VALUE

At 28th February 2026

-

At 28th February 2025

81,470

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st March 2025

26,014

Additions

1,851

At 28th February 2026

27,865

DEPRECIATION

At 1st March 2025

26,014

Charge for year

509

At 28th February 2026

26,523

NET BOOK VALUE

At 28th February 2026

1,342

At 28th February 2025

-

6.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

28.2.26

28.2.25

as restated

£

£

Artwork

1,434

1,434

7.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.26

28.2.25

as restated

£

£

Other debtors

62,874

-

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.26

28.2.25

value:

as restated

£

£

1,000

Ordinary

£1

1,000

1,000

9.

RESERVES

Retained

earnings

£

At 1st March 2025

363,875

Profit for the year

138,739

Dividends

(165,000

)

At 28th February 2026

337,614

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Advances to a director subsisted during the years ended 28th February 2026 and 28th February 2025:

28.2.26

28.2.25

as restated

£

£

M C Buffery

Balance outstanding at start of year

248,044

238,299

Amounts advanced

280,818

215,710

Amounts repaid

(182,569

)

(205,965

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

346,293

248,044

Interest was charged on the overdrawn balance at the HMRC official rate of 2.25% to 5 April 2025 and 3.75% thereafter. The loan is repayable on demand. No amounts were written off or waived.