REGISTERED NUMBER: 06518417 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28TH FEBRUARY 2026

FOR

D HUGHES WELL DRILLERS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs S Hughes

D Hughes

REGISTERED OFFICE:

8 Birchwood Court

Bessacarr

Doncaster

South Yorkshire

DN4 6SX

REGISTERED NUMBER:

06518417 (England and Wales)

ACCOUNTANTS:

Leesing Marrison Lee & Co

Chartered Certified Accountants

46 Main Street

Mexborough

South Yorkshire

S64 9DU

FIXED ASSETS

Tangible assets

4

343,811

386,568

CURRENT ASSETS

Debtors

5

18,239

790

Cash at bank

-

12,131

18,239

12,921

CREDITORS

Amounts falling due within one year

6

124,657

132,498

NET CURRENT LIABILITIES

(106,418

)

(119,577

)

TOTAL ASSETS LESS CURRENT LIABILITIES

237,393

266,991

CREDITORS

Amounts falling due after more than one year

7

(76,007

)

(83,749

)

PROVISIONS FOR LIABILITIES

(90,361

)

(96,642

)

NET ASSETS

71,025

86,600

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

70,925

86,500

SHAREHOLDERS' FUNDS

71,025

86,600

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 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 18th October 2026 and were signed on its behalf by:

D Hughes - Director

1.	STATUTORY INFORMATION

D Hughes Well Drillers 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 4 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1st March 2025

581,489

14,612

194,594

3,990

794,685

Additions

-

-

73,853

-

73,853

Disposals

-

-

(55,157

)

-

(55,157

)

At 28th February 2026

581,489

14,612

213,290

3,990

813,381

DEPRECIATION

At 1st March 2025

276,930

10,397

116,948

3,842

408,117

Charge for year

60,912

632

32,132

49

93,725

Eliminated on disposal

-

-

(32,272

)

-

(32,272

)

At 28th February 2026

337,842

11,029

116,808

3,891

469,570

NET BOOK VALUE

At 28th February 2026

243,647

3,583

96,482

99

343,811

At 28th February 2025

304,559

4,215

77,646

148

386,568

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1st March 2025

52,000

Additions

73,852

At 28th February 2026

125,852

DEPRECIATION

At 1st March 2025

35,547

Charge for year

22,576

At 28th February 2026

58,123

NET BOOK VALUE

At 28th February 2026

67,729

At 28th February 2025

16,453

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Other debtors

18,239

790

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Bank loans and overdrafts

45,836

37,223

Hire purchase contracts

8,876

5,690

Trade creditors

-

28,871

Taxation and social security

17,984

17,608

Other creditors

51,961

43,106

124,657

132,498

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.26

28.2.25

£

£

Bank loans

40,500

66,500

Hire purchase contracts

35,507

17,249

76,007

83,749

8.	RELATED PARTY DISCLOSURES

During the year, total dividends of £60,290 were paid to the directors .

9.	ULTIMATE CONTROLLING PARTY

D Hughes being the majority shareholders, exercise joint control over the company.