REGISTERED NUMBER: 07689509 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2026

FOR

DAYCHEM LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J S Rahania

R Rahania

REGISTERED OFFICE:

482 Sutton Road

Walsall

West Midlands

WS5 3AZ

REGISTERED NUMBER:

07689509 (England and Wales)

ACCOUNTANTS:

Ashcrofts Accountants Limited

2 Cedargrove

Hagley

Stourbridge

West Midlands

DY9 0DR

BANKERS:

Lloyds Bank plc

3 Queen Square

Wolverhampton

West Midlands

WV1 1RF

FIXED ASSETS

Tangible assets

4

48,115

60,859

CURRENT ASSETS

Stocks

5

163,490

112,958

Debtors

6

968,485

1,028,657

Cash at bank and in hand

156,371

103,865

1,288,346

1,245,480

CREDITORS

Amounts falling due within one year

7

(666,080

)

(651,851

)

NET CURRENT ASSETS

622,266

593,629

TOTAL ASSETS LESS CURRENT LIABILITIES

670,381

654,488

PROVISIONS FOR LIABILITIES

9

(12,028

)

(15,214

)

NET ASSETS

658,353

639,274

CAPITAL AND RESERVES

Called up share capital

10

300

300

Retained earnings

11

658,053

638,974

SHAREHOLDERS' FUNDS

658,353

639,274

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

The members have not required the company to obtain an audit of its financial statements for the year ended 28 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.

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 30 July 2026 and were signed on its behalf by:

J S Rahania - Director

R Rahania - Director

1.	STATUTORY INFORMATION

Daychem Ltd 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.

Tangible fixed assets

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

Fixtures, fittings & equipment

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 15 (2025 - 17 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures,

fittings

Motor

& equipment

vehicles

Totals

£

£

£

COST

At 1 March 2025

and 28 February 2026

238,959

20,796

259,755

DEPRECIATION

At 1 March 2025

189,554

9,342

198,896

Charge for year

9,881

2,863

12,744

At 28 February 2026

199,435

12,205

211,640

NET BOOK VALUE

At 28 February 2026

39,524

8,591

48,115

At 28 February 2025

49,405

11,454

60,859

5.

STOCKS

2026

2025

£

£

Stocks

163,490

112,958

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

257,498

233,937

Other debtors

535,517

686,834

Amounts owed by group undertakings

101,179

22,660

VAT

72,458

81,167

Prepayments and accrued income

1,833

4,059

968,485

1,028,657

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

351,902

414,270

Corporation tax

9,546

10,992

Social security and other taxes

2,093

5,122

Other creditors

52,911

18,426

Directors' loan accounts

7,629

-

Accruals and deferred income

241,999

203,041

666,080

651,851

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2026

2025

£

£

In more than five years

25,439

28,324

9.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

12,028

15,214

Deferred

tax

£

Balance at 1 March 2025

15,214

Credited during the year

(3,186

)

Balance at 28 February 2026

12,028

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

300

Ordinary

£1

300

300

11.

RESERVES

Retained

earnings

£

At 1 March 2025

638,974

Profit for the year

19,079

At 28 February 2026

658,053

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At 28 February 2026, there was a loan from Mr J S Rahania of £4,117 (2025: £Nil). This unsecured loan is interest free and repayable on demand.

At 28 February 2026, there was a loan from Mr R Rahania of £3,512 (2025: £Nil). This unsecured loan is interest free and repayable on demand.

13.	RELATED PARTY DISCLOSURES

At 28 February 2026, there was a loan from Wellington Pharmacy Limited of £15,235 (2025: £713), a company in which Mr J S Rahania and Mr R Rahania are directors. This unsecured loan is interest free and repayable on demand.

At 28 February 2026, there was a loan to RJR Chem Ltd of £529,204 (2025: £680,834), a company in which Mr J S Rahania and Mr R Rahania are directors. This unsecured loan is interest free and repayable on demand.

At 28 February 2026, there was a loan from Church Street Healthcare Limited of £13,883 (2025: £16,704), a company in which Mr J S Rahania and Mr R Rahania are directors. This unsecured loan is interest free and repayable on demand.

At 28 February 2026, there was a loan from Nightchem Group Limited of £22,731 (2025: £Nil), a company in which Mr J S Rahania and Mr R Rahania are directors. This unsecured loan is interest free and repayable on demand.

At 28 February 2026, there was a loan to Nightchem Limited of £5,810 (2025: £6,000), a company in which Mr J S Rahania and Mr R Rahania are directors. This unsecured loan is interest free and repayable on demand.

At 28 February 2026, there was a loan to Daychem Group Limited of £101,179 (2025: £22,660), a company in which Mr J S Rahania and Mr R Rahania are directors. Daychem Group Limited is the parent undertaking of Daychem Ltd. This unsecured loan is interest free and repayable on demand.

14.	ULTIMATE CONTROLLING PARTY

The ultimate parent company is Daychem Group Limited, a company incorporated in England and Wales.