REGISTERED NUMBER: 00304354 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Ernest Derricott Ltd

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs R S Boyce-Derricott

REGISTERED OFFICE:

Estate House

144 Evesham Street

Redditch

B97 4HP

REGISTERED NUMBER:

00304354 (England and Wales)

ACCOUNTANTS:

Derek Young & Co Accountants LLP

Chartered Accountants

Estate House

Evesham Street

Redditch

Worcestershire

B97 4HP

FIXED ASSETS

Tangible assets

4

33,205

45,549

Investment property

5

1,551,000

1,701,000

1,584,205

1,746,549

CURRENT ASSETS

Debtors

15,491

19,073

Cash at bank and in hand

1,134,881

1,197,142

1,150,372

1,216,215

CREDITORS

Amounts falling due within one year

10,245

28,403

NET CURRENT ASSETS

1,140,127

1,187,812

TOTAL ASSETS LESS CURRENT LIABILITIES

2,724,332

2,934,361

PROVISIONS FOR LIABILITIES

132,239

135,713

NET ASSETS

2,592,093

2,798,648

CAPITAL AND RESERVES

Called up share capital

6

2,362

2,362

Capital redemption reserve

2,363

2,363

Retained earnings

2,587,368

2,793,923

SHAREHOLDERS' FUNDS

2,592,093

2,798,648

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 March 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 director and authorised for issue on 8 October 2026 and were signed by:

Mrs R S Boyce-Derricott - Director

1.	STATUTORY INFORMATION

Ernest Derricott 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 as modified by the revaluation of certain assets.

Preparation of consolidated financial statements

The financial statements contain information about Ernest Derricott Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

Turnover represents amounts derived from the provision of goods and services falling within the company's ordinary activities, after deduction of trade discounts, value added tax and any other tax based on the amounts so derived.

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

-

20% on reducing balance

Equipment

-

33% on cost

Motor vehicles

-

25% on reducing balance

Tangible fixed assets are stated at cost less depreciation.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2025

105,250

Additions

1,591

At 31 March 2026

106,841

DEPRECIATION

At 1 April 2025

59,701

Charge for year

13,935

At 31 March 2026

73,636

NET BOOK VALUE

At 31 March 2026

33,205

At 31 March 2025

45,549

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

1,701,000

Revaluations

(150,000

)

At 31 March 2026

1,551,000

NET BOOK VALUE

At 31 March 2026

1,551,000

At 31 March 2025

1,701,000

Fair value at 31 March 2026 is represented by:

£

Valuation in 2008

273,577

Valuation in 2009

(100,000

)

Valuation in 2010

27,500

Valuation in 2017

247,500

Valuation in 2019

(50,000

)

Valuation in 2021

47,176

Valuation in 2023

100,000

Valuation in 2024

145,000

Valuation in 2025

(45,000

)

Valuation in 2026

(150,000

)

Cost

1,055,247

1,551,000

Investment property was valued on an open market basis on 31 March 2026 by the directors .

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

2,362

Ordinary

1

2,362

2,362

7.	RELATED PARTY DISCLOSURES

During the period dividends were distributed to the director as follows:

Mrs R S Boyce-Derricott £55,715.

8.	ULTIMATE CONTROLLING PARTY

The controlling party was Mrs R S Boyce-Derricott by virtue of her 100% holding of the issued share capital of the company.