REGISTERED NUMBER: 01679789 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

David Mellor Design Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

2

2

Tangible assets

5

2,245,204

2,286,758

2,245,206

2,286,760

CURRENT ASSETS

Stocks

1,795,037

1,867,931

Debtors

6

735,321

396,367

Cash at bank and in hand

2,111,867

1,761,872

4,642,225

4,026,170

CREDITORS

Amounts falling due within one year

7

(765,146

)

(508,831

)

NET CURRENT ASSETS

3,877,079

3,517,339

TOTAL ASSETS LESS CURRENT LIABILITIES

6,122,285

5,804,099

PROVISIONS FOR LIABILITIES

(60,569

)

(69,426

)

NET ASSETS

6,061,716

5,734,673

CAPITAL AND RESERVES

Called up share capital

118,247

118,247

Capital redemption reserve

21,753

21,753

Retained earnings

5,921,716

5,594,673

SHAREHOLDERS' FUNDS

6,061,716

5,734,673

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 11 November 2025 and were signed on its behalf by:

Mr C Mellor - Director

1.	STATUTORY INFORMATION

David Mellor Design Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

01679789

Registered office:

The Round Building

Grindleford Road

Hathersage

Sheffield

S32 1BA

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, net of VAT and trade discounts.

Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on dispatch of the goods.

Amortisation

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

Website development - 25% reducing balance

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

10% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Hire purchase and leasing commitments

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

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term

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 43 (2024 - 43 ) .

4.	INTANGIBLE FIXED ASSETS

Development

Goodwill

costs

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

2

13,973

13,975

AMORTISATION

At 1 April 2024

and 31 March 2025

-

13,973

13,973

NET BOOK VALUE

At 31 March 2025

2

-

2

At 31 March 2024

2

-

2

5.	TANGIBLE FIXED ASSETS

Freehold

Short

Plant and

property

leasehold

machinery

£

£

£

COST

At 1 April 2024

1,762,051

219,865

525,953

Additions

-

-

7,464

At 31 March 2025

1,762,051

219,865

533,417

DEPRECIATION

At 1 April 2024

5,840

-

397,378

Charge for year

-

-

33,659

At 31 March 2025

5,840

-

431,037

NET BOOK VALUE

At 31 March 2025

1,756,211

219,865

102,380

At 31 March 2024

1,756,211

219,865

128,575

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

213,488

165,149

135,819

3,022,325

Additions

380

-

16,110

23,954

At 31 March 2025

213,868

165,149

151,929

3,046,279

DEPRECIATION

At 1 April 2024

135,612

62,765

133,972

735,567

Charge for year

5,256

25,596

997

65,508

At 31 March 2025

140,868

88,361

134,969

801,075

NET BOOK VALUE

At 31 March 2025

73,000

76,788

16,960

2,245,204

At 31 March 2024

77,876

102,384

1,847

2,286,758

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

581,712

289,662

Other debtors

153,609

106,705

735,321

396,367

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

341,843

184,860

Taxation and social security

415,363

315,999

Other creditors

7,940

7,972

765,146

508,831

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.25

31.3.24

£

£

Within one year

240,681

229,164

Between one and five years

301,936

397,283

542,617

626,447