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REGISTERED NUMBER: 13130832 (England and Wales)















DEBRETT'S PRIVATE FINANCE LIMITED

Unaudited Financial Statements

for the Period 1 January 2022 to 31 March 2023






DEBRETT'S PRIVATE FINANCE LIMITED (REGISTERED NUMBER: 13130832)






Contents of the Financial Statements
for the Period 1 January 2022 to 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DEBRETT'S PRIVATE FINANCE LIMITED

Company Information
for the Period 1 January 2022 to 31 March 2023







DIRECTORS: Mr D C Eales
Mr J A D England
Mr D A Totney



REGISTERED OFFICE: The Armco Arena
Damson Pkway
Solihull
B92 9EJ



REGISTERED NUMBER: 13130832 (England and Wales)



ACCOUNTANTS: Michael Dufty Partnership Limited
59-61 Charlotte Street
St Pauls Square
Birmingham
West Midlands
B3 1PX



INCORPORATION: 13th January 2021

DEBRETT'S PRIVATE FINANCE LIMITED (REGISTERED NUMBER: 13130832)

Balance Sheet
31 March 2023

2023 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,070 3,547
Investments 5 30,001 -
34,071 3,547

CURRENT ASSETS
Debtors 6 237,148 39,950
Cash at bank 279,464 3,845
516,612 43,795
CREDITORS
Amounts falling due within one year 7 328,984 17,714
NET CURRENT ASSETS 187,628 26,081
TOTAL ASSETS LESS CURRENT
LIABILITIES

221,699

29,628

CREDITORS
Amounts falling due after more than one year 8 - (27,500 )

PROVISIONS FOR LIABILITIES (1,017 ) -
NET ASSETS 220,682 2,128

CAPITAL AND RESERVES
Called up share capital 9 3 3
Retained earnings 220,679 2,125
SHAREHOLDERS' FUNDS 220,682 2,128

DEBRETT'S PRIVATE FINANCE LIMITED (REGISTERED NUMBER: 13130832)

Balance Sheet - continued
31 March 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2023 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 29 September 2023 and were signed on its behalf by:





Mr D C Eales - Director


DEBRETT'S PRIVATE FINANCE LIMITED (REGISTERED NUMBER: 13130832)

Notes to the Financial Statements
for the Period 1 January 2022 to 31 March 2023

1. STATUTORY INFORMATION

Debrett'S Private Finance 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.
Fixtures and fittings - 33% on cost

Financial instruments
The company only enters into basis financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable.

Taxation
Taxation for the period 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 period 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
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.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Creditors
Short term trade creditors are measured at the transaction price.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 10 (2021 - 5 ) .

DEBRETT'S PRIVATE FINANCE LIMITED (REGISTERED NUMBER: 13130832)

Notes to the Financial Statements - continued
for the Period 1 January 2022 to 31 March 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2022 4,063
Additions 2,815
At 31 March 2023 6,878
DEPRECIATION
At 1 January 2022 516
Charge for period 2,292
At 31 March 2023 2,808
NET BOOK VALUE
At 31 March 2023 4,070
At 31 December 2021 3,547

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
Additions 30,001
At 31 March 2023 30,001
NET BOOK VALUE
At 31 March 2023 30,001

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2021
£    £   
Trade debtors 225,420 2,714
Other debtors 11,728 37,236
237,148 39,950

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2021
£    £   
Trade creditors 31,903 2,420
Taxation and social security 192,802 2,385
Other creditors 104,279 12,909
328,984 17,714

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2021
£    £   
Other creditors - 27,500

DEBRETT'S PRIVATE FINANCE LIMITED (REGISTERED NUMBER: 13130832)

Notes to the Financial Statements - continued
for the Period 1 January 2022 to 31 March 2023

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2021
value: £    £   
3 Ordinary £1 3 3