REGISTERED NUMBER: 04932757 (England and Wales)

DBD CONTRACTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2026

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R I Berryman

N P Berryman

REGISTERED OFFICE:

Springfield Business Park

40 Pennygillam Way

Pennygillam Ind Estate

Launceston

PL15 7ED

REGISTERED NUMBER:

04932757 (England and Wales)

ACCOUNTANTS:

Jane Maynard Limited

T/A Maynard Johns

37 Mill Street

Bideford

DEVON

EX39 2JJ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

206,848

174,172

Investment property

6

1,350,000

1,350,000

1,556,848

1,524,172

CURRENT ASSETS

Stocks

250

250

Debtors

77,995

62,469

Cash at bank and in hand

34,444

24,436

112,689

87,155

CREDITORS

Amounts falling due within one year

(179,728

)

(152,053

)

NET CURRENT LIABILITIES

(67,039

)

(64,898

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,489,809

1,459,274

CREDITORS

Amounts falling due after more than one year

7

(371,333

)

(364,338

)

PROVISIONS FOR LIABILITIES

(143,326

)

(133,904

)

NET ASSETS

975,150

961,032

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

975,050

960,932

SHAREHOLDERS' FUNDS

975,150

961,032

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 31 May 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 14 October 2026 and were signed on its behalf by:

R I Berryman - Director

N P Berryman - Director

1.	STATUTORY INFORMATION

DBD Contracts 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 as modified by the revaluation of certain assets.

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, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Land and buildings

-

5% on cost

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 10 (2025 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 June 2025

and 31 May 2026

90,200

AMORTISATION

At 1 June 2025

and 31 May 2026

90,200

NET BOOK VALUE

At 31 May 2026

-

At 31 May 2025

-

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 June 2025

500,081

Additions

98,446

Disposals

(65,169

)

At 31 May 2026

533,358

DEPRECIATION

At 1 June 2025

325,909

Charge for year

48,462

Eliminated on disposal

(47,861

)

At 31 May 2026

326,510

NET BOOK VALUE

At 31 May 2026

206,848

At 31 May 2025

174,172

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

COST

Additions

87,705

At 31 May 2026

87,705

DEPRECIATION

Charge for year

21,926

At 31 May 2026

21,926

NET BOOK VALUE

At 31 May 2026

65,779

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 June 2025

and 31 May 2026

1,350,000

NET BOOK VALUE

At 31 May 2026

1,350,000

At 31 May 2025

1,350,000

Fair value at 31 May 2026 is represented by:

£

Valuation in 2023

378,586

Cost

971,414

1,350,000

If Investment property had not been revalued it would have been included at the following historical cost:

2026

2025

£

£

Cost

971,414

971,414

Investment property was valued on an open market basis on 9 January 2023 by an estate agent .

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

2026

2025

£

£

Repayable by instalments

Bank loans more 5 yr by instal

241,755

264,650

8.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

363,009

387,260

Hire purchase contracts

52,652

-

415,661

387,260

Included under creditors is a loan between DBD Contracts Limited and NatWest Bank PLC.

There are fixed and floating charges covering the undertaking and all property and assets present and future of the company.

There is a fixed charge over the freehold property.