Diggles Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 03693916

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		706,437		758,382

			706,437		758,382
CURRENT ASSETS
Stocks	5	29,829		34,678
Debtors	6	42,728		42,590
Cash at bank and in hand		26,056		6,494

		98,613		83,762
Creditors: Amounts Falling Due Within One Year	7	(669,920 )		(683,355 )

NET CURRENT ASSETS (LIABILITIES)			(571,307 )		(599,593 )

TOTAL ASSETS LESS CURRENT LIABILITIES			135,130		158,789

Creditors: Amounts Falling Due After More Than One Year	8		(383,250 )		(402,648 )

NET LIABILITIES			(248,120 )		(243,859 )

CAPITAL AND RESERVES
Called up share capital	10		200		200
Profit and Loss Account			(248,320 )		(244,059 )

SHAREHOLDERS' FUNDS			(248,120)		(243,859)

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Diggles Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr M F Diggle

Director

31 October 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Diggles Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03693916 . The registered office is 51 Market Street, Lancaster, LA1 1JG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

After reviewing the company’s forecast and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	1% on a straight line basis
Motor Vehicles	25% on a reducing balance basis
Fixtures & Fittings	15% on a reducing balance basis

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was as follows:

	2025	2024
Office and administration	3	3
Sales, marketing and distribution	20	24

	23	27

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Diggles Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Land & Property
	Freehold	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 April 2024	1,015,440	75,860	1,294,944	2,386,244
Additions	-	-	12,950	12,950
Disposals	(71,634 )	-	-	(71,634 )

As at 31 March 2025	943,806	75,860	1,307,894	2,327,560

Depreciation
As at 1 April 2024	324,429	72,369	1,231,064	1,627,862
Provided during the period	9,437	946	11,524	21,907
Disposals	(28,646 )	-	-	(28,646 )

As at 31 March 2025	305,220	73,315	1,242,588	1,621,123

Net Book Value
As at 31 March 2025	638,586	2,545	65,306	706,437

As at 1 April 2024	691,011	3,491	63,880	758,382

5. Stocks

	2025	2024
	£	£
Stock	29,829	34,678

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	15,897	16,144
Prepayments and accrued income	26,831	26,446

	42,728	42,590

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Diggles Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	154,247	152,112
Bank loans and overdrafts	143,220	143,348
Other taxes and social security	447	435
VAT	2,553	1,359
Accruals	39,209	36,373
Directors' loan accounts	330,244	349,728

	669,920	683,355

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans and overdrafts	169,234	210,880
Other creditors	214,016	191,768

	383,250	402,648

9. Secured Creditors

Of the creditors the following amounts are secured.

	2025		2024
	£		£
Bank loans and overdrafts	312,454		354,228

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	200	200

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