David Brett Solutions Limited - Filleted accounts

Registered number

07160173

David Brett Solutions Limited

Filleted Accounts

28 February 2026

David Brett Solutions Limited
Registered number:		07160173
Balance Sheet
as at 28 February 2026

Notes			2026			2025
£				£
Fixed assets
Intangible assets	3		596			3,642
Tangible assets	4		393,238			362,482
			393,834			366,124

Current assets
Stocks		928,000			600,000
Debtors	5	775,907			537,061
		1,703,907			1,137,061

Creditors: amounts falling due within one year	6	(686,853)			(560,676)

Net current assets			1,017,054			576,385

Total assets less current liabilities			1,410,888			942,509

Creditors: amounts falling due after more than one year	7		(81,619)			(71,726)

Provisions for liabilities			(56,094)			(56,094)


Net assets			1,273,175			814,689

Capital and reserves
Called up share capital			200			200
Profit and loss account			1,272,975			814,489

Shareholders' funds			1,273,175			814,689

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.


D Brett
Director
Approved by the board on 21 October 2026

David Brett Solutions Limited
Notes to the Accounts
for the year ended 28 February 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Land and buildings	over the period of the lease
	Plant and machinery	over 25% straight line and 20% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					10		9


3	Intangible fixed assets							£
	Research and development costs:

	Cost
	At 1 March 2025							234,357
	Additions							1,193
	At 28 February 2026							235,550

	Amortisation
	At 1 March 2025							230,715
	Provided during the year							4,239
	At 28 February 2026							234,954

	Net book value
	At 28 February 2026							596
	At 28 February 2025							3,642

	Research and development costs are being written off in equal annual instalments over its estimated economic life of 2 years.


4	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 March 2025	157,030		388,657		318,832		864,519
	Additions	43,195		44,124		41,705		129,024
	Disposals	-		(32,333)		(54,661)		(86,994)
	At 28 February 2026	200,225		400,448		305,876		906,549

	Depreciation
	At 1 March 2025	14,275		316,126		171,636		502,037
	Charge for the year	18,212		36,135		36,258		90,605
	On disposals	-		(32,282)		(47,049)		(79,331)
	At 28 February 2026	32,487		319,979		160,845		513,311

	Net book value
	At 28 February 2026	167,738		80,469		145,031		393,238
	At 28 February 2025	142,755		72,531		147,196		362,482


5	Debtors					2026		2025
£							£

	Trade debtors					691,719		469,434
	Director's loan account					34,129		45,729
	Other debtors					50,059		21,898
						775,907		537,061


6	Creditors: amounts falling due within one year					2026		2025
£							£

	Bank loans and overdrafts					84,159		83,398
	Obligations under finance lease and hire purchase contracts					45,689		39,395
	Trade creditors					200,420		287,121
	Taxation and social security costs					290,117		137,305
	Other creditors					66,468		13,457
						686,853		560,676


7	Creditors: amounts falling due after one year					2026		2025
£							£

	Bank loans					22,781		2,650
	Obligations under finance lease and hire purchase contracts					58,838		69,076
						81,619		71,726


8	Loans					2026		2025
£							£
	Creditors include:

	Secured bank loans					192,669		163,704




9	Other financial commitments					2026		2025
£							£

	Total future minimum payments under non-cancellable operating leases					492,148		19,500


10	Other information

	David Brett Solutions Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 30 Westmead Drive
	Westmead Trading Estate
	Swindon
	Wiltshire
	SN5 7YT