Registration number: 06491481

Dave Taylor Coal Merchants Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 7

Dave Taylor Coal Merchants Limited

(Registration number: 06491481)
Balance Sheet as at 28 February 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	5	3,638	4,849
Current assets
Stocks	6	16,410	5,221
Debtors	7	14,115	8,051
Cash at bank and in hand		45,166	33,795
		75,691	47,067
Creditors: Amounts falling due within one year	8	(47,932)	(40,347)
Net current assets		27,759	6,720
Total assets less current liabilities		31,397	11,569
Provisions for liabilities		(910)	(1,212)
Net assets		30,487	10,357
Capital and reserves
Called up share capital		100	100
Retained earnings		30,387	10,257
Shareholders' funds		30,487	10,357

For the financial year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 2 November 2026
 

......................................... Mr D K Taylor Director

Dave Taylor Coal Merchants Limited

Notes to the Unaudited Financial Statements for the year ended 28 February 2026

1	General information

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

The address of its registered office is:
9 Thorne Road
Doncaster
South Yorkshire
DN1 2HJ

The principal place of business is:
Southend House
Southend
Thorne
Doncaster
South Yorkshire
DN8 5QP

These financial statements were authorised for issue by the director on 2 November 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 turnover 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.

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.

Dave Taylor Coal Merchants Limited

Notes to the Unaudited Financial Statements for the year ended 28 February 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:

Depreciation method and rate for Tangible assets
Asset class	Depreciation method and rate
Plant and machinery	25% reducing balance basis
Motor vehicles	25% reducing balance basis

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	10 years straight line basis

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.

Dave Taylor Coal Merchants Limited

Notes to the Unaudited Financial Statements for the year ended 28 February 2026

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

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 stocks 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.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

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

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.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Dave Taylor Coal Merchants Limited

Notes to the Unaudited Financial Statements for the year ended 28 February 2026

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2025 - 2).

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 March 2025	62,915	62,915
At 28 February 2026	62,915	62,915
Amortisation
At 1 March 2025	62,915	62,915
At 28 February 2026	62,915	62,915
Carrying amount
At 28 February 2026	-	-

5	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 March 2025	2,541	7,040	9,581
At 28 February 2026	2,541	7,040	9,581
Depreciation
At 1 March 2025	1,629	3,103	4,732
Charge for the year	227	984	1,211
At 28 February 2026	1,856	4,087	5,943
Carrying amount
At 28 February 2026	685	2,953	3,638
At 28 February 2025	912	3,937	4,849

6

Stocks

	2026 £	2025 £
Other inventories	16,410	5,221

Dave Taylor Coal Merchants Limited

Notes to the Unaudited Financial Statements for the year ended 28 February 2026

7

Debtors

	2026 £	2025 £
Trade debtors	1,858	2,134
Prepayments	2,723	1,484
Other debtors	9,534	4,433
	14,115	8,051

8

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Trade creditors		24,879	24,127
Amounts owed to related parties	9	710	749
Taxation and social security		341	-
Corporation tax		14,741	10,919
Other creditors		1,054	9
Accrued expenses		6,207	4,543
		47,932	40,347

Dave Taylor Coal Merchants Limited

Notes to the Unaudited Financial Statements for the year ended 28 February 2026

9	Related party transactions

Transactions with the director

2026	At 1 March 2025 £	Advances to director £	Repayments by director £	At 28 February 2026 £
Mr D K Taylor
	374	(21,578)	21,559	355
Mrs M Taylor
	375	(21,579)	21,559	355

2025	At 1 March 2024 £	Advances to director £	Repayments by director £	At 28 February 2025 £
Mr D K Taylor
	(6,303)	(13,717)	20,394	374
Mrs M Taylor
	(6,303)	(13,716)	20,394	375