Dafydd Hardy Estate Agents Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03733706 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

DAFYDD HARDY ESTATE AGENTS LIMITED

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Report of the accountants

8

DIRECTORS:

R H Thomas

M Tanner

J A Roberts

REGISTERED OFFICE:

2 Llys Onnen

Ffordd y Llyn

Parc Menai

Bangor

Gwynedd

LL57 4DF

REGISTERED NUMBER:

03733706 (England and Wales)

ACCOUNTANTS:

Fraser Wood Limited

Chartered Certified Accountants

2 Llys Onnen

Ffordd Y Llyn

Parc Menai

Bangor

Gwynedd

LL57 4DF

FIXED ASSETS

Intangible assets

4

5,000

10,000

Tangible assets

5

156,981

151,246

Investments

6

100

162,081

161,346

CURRENT ASSETS

Debtors

7

97,877

65,642

Cash at bank and in hand

2,338,884

1,683,927

2,436,761

1,749,569

CREDITORS

Amounts falling due within one year

8

(522,594

)

(422,393

)

NET CURRENT ASSETS

1,914,167

1,327,176

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,076,248

1,488,522

PROVISIONS FOR LIABILITIES

(12,749

)

(10,653

)

NET ASSETS

2,063,499

1,477,869

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

9

2,063,399

1,477,769

SHAREHOLDERS' FUNDS

2,063,499

1,477,869

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 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 16 October 2026 and were signed on its behalf by:

R H Thomas - Director

M Tanner - Director

J A Roberts - Director

1.	STATUTORY INFORMATION

Dafydd Hardy Estate Agents 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.

Preparation of consolidated financial statements

The financial statements contain information about Dafydd Hardy Estate Agents Limited 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 receivable for chartered surveyors and estate agents services, net of V.A.T.

Goodwill

Acquired goodwill is being written off in equal instalments over its estimated useful economic life.

Tangible fixed assets

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

Land and buildings

-

5% straight line and 2% straight line on property

Plant and machinery etc

-

20% on reducing balance and 15% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 42 (2025 - 41 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

140,767

AMORTISATION

At 1 April 2025

130,767

Amortisation for year

5,000

At 31 March 2026

135,767

NET BOOK VALUE

At 31 March 2026

5,000

At 31 March 2025

10,000

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 April 2025

209,802

437,413

647,215

Additions

-

17,671

At 31 March 2026

209,802

455,084

664,886

DEPRECIATION

At 1 April 2025

114,022

381,947

495,969

Charge for year

-

11,936

At 31 March 2026

114,022

393,883

507,905

NET BOOK VALUE

At 31 March 2026

95,780

61,201

156,981

At 31 March 2025

95,780

55,466

151,246

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2025

and 31 March 2026

100

NET BOOK VALUE

At 31 March 2026

100

At 31 March 2025

100

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Trade debtors

79,048

38,945

Other debtors

18,829

26,697

97,877

65,642

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Trade creditors

29,356

41,445

Taxation and social security

340,846

333,155

Other creditors

152,392

47,793

522,594

422,393

9.

RESERVES

Retained

earnings

£

At 1 April 2025

1,477,769

Profit for the year

594,812

Contribution to EOT

(9,182

)

At 31 March 2026

2,063,399

10.	RELATED PARTY DISCLOSURES

The company contributed £9,182 from its reserves to the Employees’ Ownership Trust, a related party. This gift supported the Trust’s costs, in line with the company’s employee ownership structure.

11.	ULTIMATE CONTROLLING PARTY

The company is ultimately controlled by the Dafydd Hardy Estate Agent Employee Ownership Trust, which owns 100% of the issued share capital of the company for the benefit of its employees. The Trust acts through it's corporate trustee Dafydd Hardy Trustees Limited, which administers the trust in accordance with the trust deed.

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 Directors' report 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 accounts of Dafydd Hardy Estate Agents Limited for the year ended 31 March 2026 from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com.

Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.

Fraser Wood Limited

Chartered Certified Accountants

2 Llys Onnen

Ffordd Y Llyn

Parc Menai

Bangor

Gwynedd

LL57 4DF

16 October 2026