1 December 2020 false No description of principal activity Taxfiler 2022.8.3 07449629business:PrivateLimitedCompanyLtd2020-12-012021-11-30 074496292020-11-30 074496292020-12-012021-11-30 07449629business:AuditExemptWithAccountantsReport2020-12-012021-11-30 07449629business:FullAccounts2020-12-012021-11-30 074496292021-11-30 07449629business:Director12020-12-012021-11-30 07449629business:RegisteredOffice2020-12-012021-11-30 074496292020-11-30 07449629core:WithinOneYear2021-11-30 07449629core:WithinOneYear2020-11-30 07449629core:AfterOneYear2021-11-30 07449629core:AfterOneYear2020-11-30 07449629core:ShareCapital2021-11-30 07449629core:ShareCapital2020-11-30 07449629core:CapitalRedemptionReserve2021-11-30 07449629core:CapitalRedemptionReserve2020-11-30 07449629core:RetainedEarningsAccumulatedLosses2021-11-30 07449629core:RetainedEarningsAccumulatedLosses2020-11-30 07449629business:SmallEntities2020-12-012021-11-30 07449629countries:EnglandWales2020-12-012021-11-30 07449629core:PlantMachinery2020-12-012021-11-30 07449629core:FurnitureFittings2020-12-012021-11-30 07449629core:ComputerEquipment2020-12-012021-11-30 07449629core:Goodwill2020-11-30 07449629core:Goodwill2020-12-012021-11-30 07449629core:Goodwill2021-11-30 07449629core:PlantMachinery2020-11-30 07449629core:FurnitureFittings2020-11-30 07449629core:ComputerEquipment2020-11-30 07449629core:PlantMachinery2021-11-30 07449629core:FurnitureFittings2021-11-30 07449629core:ComputerEquipment2021-11-30 074496292019-12-012020-11-30 iso4217:GBP xbrli:pure
Company Registration No. 07449629 (England and Wales)
De Fontenay Ltd Unaudited accounts for the year ended 30 November 2021
De Fontenay Ltd Unaudited accounts Contents
Page
- 2 -
De Fontenay Ltd Company Information for the year ended 30 November 2021
Director
Liam O'Leary
Company Number
07449629 (England and Wales)
Registered Office
Unit E7 The Enterprise Village Prince Albert Gardens Grimsby N E Lincs DN31 3AG
Accountants
Paul Horsewood 187a St Nicholas Drive Grimsby N E Lincs DN37 9RE
- 3 -
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of De Fontenay Ltd for the year ended 30 November 2021
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of De Fontenay Ltd for the year ended 30 November 2021 as set out on pages 5 - 8 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 https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
Paul Horsewood Chartered Certified Accountants 187a St Nicholas Drive Grimsby N E Lincs DN37 9RE 3 August 2022
- 4 -
De Fontenay Ltd Statement of financial position as at 30 November 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Intangible assets
5,873 
- 
Tangible assets
50,832 
23,822 
56,705 
23,822 
Current assets
Debtors
92,182 
86,116 
Cash at bank and in hand
472,690 
336,867 
564,872 
422,983 
Creditors: amounts falling due within one year
(383,097)
(269,434)
Net current assets
181,775 
153,549 
Total assets less current liabilities
238,480 
177,371 
Creditors: amounts falling due after more than one year
- 
(50,000)
Provisions for liabilities
Deferred tax
(9,658)
(8,624)
Net assets
228,822 
118,747 
Capital and reserves
Called up share capital
50 
- 
Capital redemption reserve
50 
50 
Profit and loss account
228,722 
118,697 
Shareholders' funds
228,822 
118,747 
For the year ending 30 November 2021 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 4 August 2022 and were signed on its behalf by
Liam O'Leary Director Company Registration No. 07449629
- 5 -
De Fontenay Ltd Notes to the Accounts for the year ended 30 November 2021
1
Statutory information
De Fontenay Ltd is a private company, limited by shares, registered in England and Wales, registration number 07449629. The registered office is Unit E7 The Enterprise Village, Prince Albert Gardens, Grimsby, N E Lincs, DN31 3AG.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 30 November 2021 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 December 2019. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% on reducing balance basis
Fixtures & fittings
15% on reducing balance basis
Computer equipment
25% on reducing balance basis
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
- 6 -
De Fontenay Ltd Notes to the Accounts for the year ended 30 November 2021
Leasing commitments
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 December 2020
- 
Additions
10,843 
At 30 November 2021
10,843 
Amortisation
At 1 December 2020
- 
Charge for the year
4,970 
At 30 November 2021
4,970 
Net book value
At 30 November 2021
5,873 
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 December 2020
2,862 
6,037 
34,303 
43,202 
Additions
3,320 
- 
34,624 
37,944 
At 30 November 2021
6,182 
6,037 
68,927 
81,146 
Depreciation
At 1 December 2020
1,166 
3,554 
14,660 
19,380 
Charge for the year
337 
372 
10,225 
10,934 
At 30 November 2021
1,503 
3,926 
24,885 
30,314 
Net book value
At 30 November 2021
4,679 
2,111 
44,042 
50,832 
At 30 November 2020
1,696 
2,483 
19,643 
23,822 
6
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Trade debtors
80,222 
37,514 
Accrued income and prepayments
3,868 
510 
Other debtors
8,092 
48,092 
92,182 
86,116 
- 7 -
De Fontenay Ltd Notes to the Accounts for the year ended 30 November 2021
7
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Bank loans and overdrafts
45,281 
- 
VAT
26,064 
30,016 
Trade creditors
222,273 
158,066 
Taxes and social security
(6,359)
(18,101)
Other creditors
2,864 
23,511 
Loans from directors
1,857 
1,306 
Accruals
91,117 
74,636 
383,097 
269,434 
8
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
- 
50,000 
9
Transactions with related parties
As at 30 November 2021 the company owed the Director £1,857 (30 November 2020 £1,305). No interest is payable on the loan.
10
Average number of employees
During the year the average number of employees was 20 (2020: 11).
- 8 -