Fixit D.I.Y. Limited

(Registration number: 01269512)
Balance Sheet as at 31 January 2026

	Note	2026 £	2025 £
Fixed assets
Investment property	4	1,200,000	1,200,000
Current assets
Debtors	5	4,623	2,029
Cash at bank and in hand		55,609	60,817
		60,232	62,846
Creditors: Amounts falling due within one year	6	(453,584)	(499,433)
Net current liabilities		(393,352)	(436,587)
Net assets		806,648	763,413
Capital and reserves
Called up share capital	7	500	500
Capital redemption reserve		2,000	2,000
Profit and loss account		804,148	760,913
Total equity		806,648	763,413

Fixit D.I.Y. Limited

(Registration number: 01269512)
Balance Sheet as at 31 January 2026 (continued)

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

Directors' 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 directors acknowledge their 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 in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 30 October 2026 and signed on its behalf by:



 

A D R Hurst

Director

Fixit D.I.Y. Limited

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

1	Statutory information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
County Gates
Ashton Road
Bristol
BS3 2JH

2	Accounting policies

Summary of significant accounting policies

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.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention. The financial statements are prepared in pounds sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Going concern

The company’s financial statements have been prepared on a going concern basis. The directors have considered a period of twelve months from the date of approval of the financial statements and believe that the company is able to meet liabilities as they fall due.

Revenue recognition

Turnover comprises rents receivable on an accruals basis and are shown net of VAT.

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.

The current corporation 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.

Fixit D.I.Y. Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026 (continued)

2	Accounting policies (continued)

Investment property

Investment property is included at fair value. Gains are recognised in the profit and loss account. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and in hand.

Trade creditors

Trade creditors are recognised initially at the transaction price and subsequently measured at cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity.

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 directors) during the year, was 3 (2025 - 3).

4	Investment properties

	2026 £
At 31 January 2026	1,200,000

Fixit D.I.Y. Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026 (continued)

4	Investment properties (continued)

The investment property has been revalued to the fair value determined by the directors at the 31 January 2026.

5	Debtors: amounts falling due within one year

	Note	2026 £	2025 £
Other debtors		3,139	1,597
Directors' loan accounts	8	1,484	432
		4,623	2,029

6

Creditors

	2026 £	2025 £
Trade creditors	36,734	37,556
Corporation tax	20,623	16,319
Taxation and social security	5,210	5,210
Accruals	2,220	1,550
Directors' loan accounts	388,797	438,798
	453,584	499,433

Included within creditors is a loan from a director, which is repayable on demand. The loan is unsecured and measured at amortised cost.

7	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary shares shares of £1 each	500	500	500	500

Fixit D.I.Y. Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026 (continued)

8	Related party transactions

Transactions with directors

2026	At 1 February 2025 £	Advances to director £	Repayments by director £	At 31 January 2026 £
A G Hurst
Director's loan account	432	384	(432)	384
E C Rimer
Director's loan account	-	1,100	-	1,100

2025	At 1 February 2024 £	Advances to director £	At 31 January 2025 £
A G Hurst
Director's loan account	-	432	432