2022-01-012022-12-312022-12-31false06821310DEFARGE LIMITED2023-09-3068209iso4217:GBPxbrli:pure068213102022-01-01068213102022-12-31068213102022-01-012022-12-31068213102021-01-01068213102021-12-31068213102021-01-012021-12-3106821310bus:SmallEntities2022-01-012022-12-3106821310bus:AuditExempt-NoAccountantsReport2022-01-012022-12-3106821310bus:AbridgedAccounts2022-01-012022-12-3106821310bus:PrivateLimitedCompanyLtd2022-01-012022-12-3106821310core:WithinOneYear2022-12-3106821310core:AfterOneYear2022-12-3106821310core:WithinOneYear2021-12-3106821310core:AfterOneYear2021-12-3106821310core:ShareCapital2022-12-3106821310core:SharePremium2022-12-3106821310core:RevaluationReserve2022-12-3106821310core:OtherReservesSubtotal2022-12-3106821310core:RetainedEarningsAccumulatedLosses2022-12-3106821310core:ShareCapital2021-12-3106821310core:SharePremium2021-12-3106821310core:RevaluationReserve2021-12-3106821310core:OtherReservesSubtotal2021-12-3106821310core:RetainedEarningsAccumulatedLosses2021-12-3106821310core:LandBuildings2022-12-3106821310core:PlantMachinery2022-12-3106821310core:Vehicles2022-12-3106821310core:FurnitureFittings2022-12-3106821310core:OfficeEquipment2022-12-3106821310core:NetGoodwill2022-12-3106821310core:IntangibleAssetsOtherThanGoodwill2022-12-3106821310core:ListedExchangeTraded2022-12-3106821310core:UnlistedNon-exchangeTraded2022-12-3106821310core:LandBuildings2021-12-3106821310core:PlantMachinery2021-12-3106821310core:Vehicles2021-12-3106821310core:FurnitureFittings2021-12-3106821310core:OfficeEquipment2021-12-3106821310core:NetGoodwill2021-12-3106821310core:IntangibleAssetsOtherThanGoodwill2021-12-3106821310core:ListedExchangeTraded2021-12-3106821310core:UnlistedNon-exchangeTraded2021-12-3106821310core:LandBuildings2022-01-012022-12-3106821310core:PlantMachinery2022-01-012022-12-3106821310core:Vehicles2022-01-012022-12-3106821310core:FurnitureFittings2022-01-012022-12-3106821310core:OfficeEquipment2022-01-012022-12-3106821310core:NetGoodwill2022-01-012022-12-3106821310core:IntangibleAssetsOtherThanGoodwill2022-01-012022-12-3106821310core:ListedExchangeTraded2022-01-012022-12-3106821310core:UnlistedNon-exchangeTraded2022-01-012022-12-3106821310core:MoreThanFiveYears2022-01-012022-12-3106821310core:Non-currentFinancialInstruments2022-12-3106821310core:Non-currentFinancialInstruments2021-12-3106821310dpl:CostSales2022-01-012022-12-3106821310dpl:DistributionCosts2022-01-012022-12-3106821310dpl:AdministrativeExpenses2022-01-012022-12-3106821310core:LandBuildings2022-01-012022-12-3106821310core:PlantMachinery2022-01-012022-12-3106821310core:Vehicles2022-01-012022-12-3106821310core:FurnitureFittings2022-01-012022-12-3106821310core:OfficeEquipment2022-01-012022-12-3106821310core:NetGoodwill2022-01-012022-12-3106821310core:IntangibleAssetsOtherThanGoodwill2022-01-012022-12-3106821310dpl:GroupUndertakings2022-01-012022-12-3106821310dpl:ParticipatingInterests2022-01-012022-12-3106821310dpl:GroupUndertakingscore:ListedExchangeTraded2022-01-012022-12-3106821310core:ListedExchangeTraded2022-01-012022-12-3106821310dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-01-012022-12-3106821310core:UnlistedNon-exchangeTraded2022-01-012022-12-3106821310dpl:CostSales2021-01-012021-12-3106821310dpl:DistributionCosts2021-01-012021-12-3106821310dpl:AdministrativeExpenses2021-01-012021-12-3106821310core:LandBuildings2021-01-012021-12-3106821310core:PlantMachinery2021-01-012021-12-3106821310core:Vehicles2021-01-012021-12-3106821310core:FurnitureFittings2021-01-012021-12-3106821310core:OfficeEquipment2021-01-012021-12-3106821310core:NetGoodwill2021-01-012021-12-3106821310core:IntangibleAssetsOtherThanGoodwill2021-01-012021-12-3106821310dpl:GroupUndertakings2021-01-012021-12-3106821310dpl:ParticipatingInterests2021-01-012021-12-3106821310dpl:GroupUndertakingscore:ListedExchangeTraded2021-01-012021-12-3106821310core:ListedExchangeTraded2021-01-012021-12-3106821310dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-01-012021-12-3106821310core:UnlistedNon-exchangeTraded2021-01-012021-12-3106821310core:NetGoodwill2022-12-3106821310core:IntangibleAssetsOtherThanGoodwill2022-12-3106821310core:LandBuildings2022-12-3106821310core:PlantMachinery2022-12-3106821310core:Vehicles2022-12-3106821310core:FurnitureFittings2022-12-3106821310core:OfficeEquipment2022-12-3106821310core:AfterOneYear2022-12-3106821310core:WithinOneYear2022-12-3106821310core:ListedExchangeTraded2022-12-3106821310core:UnlistedNon-exchangeTraded2022-12-3106821310core:ShareCapital2022-12-3106821310core:SharePremium2022-12-3106821310core:RevaluationReserve2022-12-3106821310core:OtherReservesSubtotal2022-12-3106821310core:RetainedEarningsAccumulatedLosses2022-12-3106821310core:NetGoodwill2021-12-3106821310core:IntangibleAssetsOtherThanGoodwill2021-12-3106821310core:LandBuildings2021-12-3106821310core:PlantMachinery2021-12-3106821310core:Vehicles2021-12-3106821310core:FurnitureFittings2021-12-3106821310core:OfficeEquipment2021-12-3106821310core:AfterOneYear2021-12-3106821310core:WithinOneYear2021-12-3106821310core:L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DEFARGE LIMITED

Registered Number
06821310
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2022

DEFARGE LIMITED
Company Information
for the year from 1 January 2022 to 31 December 2022

Director

HATTERSLEY, David

Registered Address

Suite A 82 James Carter Road
Mildenhall
Bury St. Edmunds
IP28 7DE

Registered Number

06821310 (England and Wales)
DEFARGE LIMITED
Balance Sheet as at
31 December 2022

Notes

2022

2021

£

£

£

£

Fixed assets
Tangible assets51,659,5241,659,693
1,659,5241,659,693
Current assets
Debtors7615,362571,502
Current asset investments5,6955,695
Cash at bank and on hand46,94749,933
668,004627,130
Creditors amounts falling due within one year8(161,664)(145,443)
Net current assets (liabilities)506,340481,687
Total assets less current liabilities2,165,8642,141,380
Creditors amounts falling due after one year(1,318,761)(1,339,387)
Net assets847,103801,993
Capital and reserves
Called up share capital33
Revaluation reserve230,400230,400
Profit and loss account616,700571,590
Shareholders' funds847,103801,993
The financial statements were approved and authorised for issue by the Director on 30 September 2023, and are signed on its behalf by:
HATTERSLEY, David
Director
Registered Company No. 06821310
DEFARGE LIMITED
Notes to the Financial Statements
for the year ended 31 December 2022

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Property, plant and equipment policy
Tangible fixed assets Investment property is initially recognised at cost and then subsequently measured at fair value. Changes in value are recognised in the Revaluation Reserve.
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Government grants and other government assistance policy
Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the company will comply with their conditions, and the grants will be received. Government grants are recognised using the performance model. Under the performance model, where the grant does not impose specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable.
Investments policy
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
4.Employee information

20222021
Average number of employees during the year00
5.Property, plant and equipment

Total

£
Cost or valuation
At 01 January 221,660,031
At 31 December 221,660,031
Depreciation and impairment
At 01 January 22338
Charge for year169
At 31 December 22507
Net book value
At 31 December 221,659,524
At 31 December 211,659,693
6.Further information regarding the company's income
On the 31 December 2019, the Director considered that the loan from Fossgate Management Ltd was not able to be repaid and therefore, this has been written back to the Profit and Loss Account as a related party transaction.
7.Debtors

2022

2021

££
Trade debtors / trade receivables52,50062,994
Other debtors68,42168,421
Prepayments and accrued income1,234534
Other debtors (Non-current)493,207439,553
Total615,362571,502
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price, including any transaction costs and subsequently measured at an amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
8.Creditors within one year

2022

2021

££
Trade creditors / trade payables37,33037,724
Bank borrowings and overdrafts14,36510,623
Taxation and social security20,62910,383
Other creditors89,19486,436
Accrued liabilities and deferred income146277
Total161,664145,443
Short term creditors are measured at the transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at the transaction price net of any transaction costs and subsequently measured at an amortised cost determined using the effective interest method.