Deacon Products Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 02440650 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2026

FOR

DEACON PRODUCTS LIMITED

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

4

DIRECTORS:

B J L Connop

M Connop

SECRETARY:

D Connop

REGISTERED OFFICE:

Newtown Lane

Cradley Heath

West Midlands

B64 5EB

REGISTERED NUMBER:

02440650 (England and Wales)

ACCOUNTANTS:

E R Grove & Co Limited

Chartered Accountants

Grove House

Coombs Wood Court

Steel Park Road

Halesowen

West Midlands

B62 8BF

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Deacon Products Limited for the year ended 31 July 2026 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Deacon Products Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Deacon Products Limited and state those matters that we have agreed to state to the Board of Directors of Deacon Products Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Deacon Products Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Deacon Products Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Deacon Products Limited. You consider that Deacon Products Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Deacon Products Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

E R Grove & Co Limited

Chartered Accountants

Grove House

Coombs Wood Court

Steel Park Road

Halesowen

West Midlands

B62 8BF

12 October 2026

FIXED ASSETS

Tangible assets

4

168,441

109,572

CURRENT ASSETS

Stocks

2,339,329

2,376,029

Debtors

5

1,428,886

1,901,707

Cash at bank and in hand

2,213,549

1,631,542

5,981,764

5,909,278

CREDITORS

Amounts falling due within one year

6

497,552

610,477

NET CURRENT ASSETS

5,484,212

5,298,801

TOTAL ASSETS LESS CURRENT
LIABILITIES

5,652,653

5,408,373

PROVISIONS FOR LIABILITIES

40,582

23,540

NET ASSETS

5,612,071

5,384,833

CAPITAL AND RESERVES

Called up share capital

1,751

Retained earnings

5,610,320

5,383,082

SHAREHOLDERS' FUNDS

5,612,071

5,384,833

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 12 October 2026 and were signed on its behalf by:

B J L Connop - Director

1.	STATUTORY INFORMATION

Deacon Products 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.

Tangible fixed assets

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

Short leasehold

-

over term of lease

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

33% on cost and 15% 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Rental income

Rental income is recognised when it is probable that the economic benefit associated with the transaction will flow to the company and the amount of revenue can be measured reliably.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2025 - 25 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

Motor

leasehold

machinery

fittings

vehicles

Totals

£

COST

At 1 August 2025

193,917

269,968

169,978

39,944

673,807

Additions

-

89,986

375

-

90,361

Disposals

-

(10,500

)

-

(24,950

)

(35,450

)

At 31 July 2026

193,917

349,454

170,353

14,994

728,718

DEPRECIATION

At 1 August 2025

193,917

201,211

133,498

35,609

564,235

Charge for year

-

20,488

5,495

408

26,391

Eliminated on disposal

-

(8,781

)

-

(21,568

)

(30,349

)

At 31 July 2026

193,917

212,918

138,993

14,449

560,277

NET BOOK VALUE

At 31 July 2026

-

136,536

31,360

545

168,441

At 31 July 2025

-

68,757

36,480

4,335

109,572

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

860,147

1,120,067

Other debtors

568,739

781,640

1,428,886

1,901,707

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade creditors

119,620

127,966

Taxation and social security

285,409

377,575

Other creditors

92,523

104,936

497,552

610,477

7.	LEASING AGREEMENTS

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

2026

2025

£

Within one year

6,600

-

Between one and five years

8,250

-

14,850

-

8.	RELATED PARTY DISCLOSURES

Hadleigh Investments Limited owes £130,000 (2025: £130,000) at the balance sheet date. This loan bears no interest. Hadleigh Investments Limited is under common control with Deacon Products Limited.

At the balance sheet date the holding company owed Deacon Products Limited £4,677 (2025:£4,677).

At the balance sheet date a subsidiary of the holding company owed Deacon Product Limited £2,000 (2025:£2,000).

9.	ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of BDMT LImited. A copy of the holding company accounts may be obtained from its registered office at Deacon Products Limited, Newton Lane, Cradley Heath, West Midlands B64 5EB.