SRJ Davison Limited - Period Ending 2026-03-31

Registration number: NI644347

SRJ Davison Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2026

SRJ Davison Limited

(Registration number: NI644347)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	530,826	550,196
Current assets
Stocks	5	253,000	241,500
Debtors	6	461,553	239,722
Cash at bank and in hand		1,757,945	1,146,323
		2,472,498	1,627,545
Creditors: Amounts falling due within one year	7	(448,458)	(288,946)
Net current assets		2,024,040	1,338,599
Total assets less current liabilities		2,554,866	1,888,795
Creditors: Amounts falling due after more than one year	7	(419,528)	(490,541)
Provisions for liabilities		(104,986)	(108,190)
Net assets		2,030,352	1,290,064
Capital and reserves
Called up share capital	8	100	100
Retained earnings		2,030,252	1,289,964
Shareholders' funds		2,030,352	1,290,064

For the financial year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

SRJ Davison Limited

(Registration number: NI644347)
Balance Sheet as at 31 March 2026

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 9 October 2026

.........................................
Mr Stephen Davison
Director

SRJ Davison Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in Northern Ireland.

The address of its registered office is: 33 Tully Road, Ballymena, Co Antrim, BT42 4RR.

These financial statements were authorised for issue by the director on 9 October 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

SRJ Davison Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

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

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	15% straight line
Office equipment, fixtures & fittings	15% straight line
Leasehold improvements	4% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Short-term debtors and creditors

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the income statement in operating expenses.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

SRJ Davison Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 26 (2025 - 21).

SRJ Davison Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

4	Tangible assets

Leasehold improvements
£

Office equipment, fixtures and fittings
£

Motor vehicles
£

Plant & machinery
£

Total
£

Cost or valuation

At 1 April 2025

163,832

28,610

-

1,076,633

1,269,075

Additions

-

650

35,500

81,681

117,831

Disposals

-

-

-

(20,000)

(20,000)

At 31 March 2026

163,832

29,260

35,500

1,138,314

1,366,906

Depreciation

At 1 April 2025

37,205

26,121

-

655,553

718,879

Charge for the year

6,553

2

5,325

125,321

137,201

Eliminated on disposal

-

-

-

(20,000)

(20,000)

At 31 March 2026

43,758

26,123

5,325

760,874

836,080

Carrying amount

At 31 March 2026

120,074

3,137

30,175

377,440

530,826

At 31 March 2025

126,627

2,489

-

421,080

550,196

Page 6

SRJ Davison Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Stocks

	2026 £	2025 £
Stock and work in progress	253,000	241,500

Debtors

Current	2026 £	2025 £
Trade debtors	461,553	234,217
Other debtors	-	5,505
	461,553	239,722

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Trade creditors	158,147	140,209
Other creditors	285,549	144,786
Accruals and deferred income	4,762	3,951
	448,458	288,946

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Other creditors		419,528	490,541

SRJ Davison Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

8	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary shares of £1 each	100	100	100	100

9	Related party transactions

The following amount, included in other creditors due after one year, was owed to the director at year end: £419,528 (2025: £490,541).

	Leasehold improvements £	Office equipment, fixtures and fittings £	Motor vehicles £	Plant & machinery £	Total £
Cost or valuation
At 1 April 2025	163,832	28,610	-	1,076,633	1,269,075
Additions	-	650	35,500	81,681	117,831
Disposals	-	-	-	(20,000)	(20,000)
At 31 March 2026	163,832	29,260	35,500	1,138,314	1,366,906
Depreciation
At 1 April 2025	37,205	26,121	-	655,553	718,879
Charge for the year	6,553	2	5,325	125,321	137,201
Eliminated on disposal	-	-	-	(20,000)	(20,000)
At 31 March 2026	43,758	26,123	5,325	760,874	836,080
Carrying amount
At 31 March 2026	120,074	3,137	30,175	377,440	530,826
At 31 March 2025	126,627	2,489	-	421,080	550,196