Company registration number 12655323 (England and Wales)
DEAKIN HOLDINGS SOUTH WEST LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
PAGES FOR FILING WITH REGISTRAR
DEAKIN HOLDINGS SOUTH WEST LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
DEAKIN HOLDINGS SOUTH WEST LIMITED
BALANCE SHEET
AS AT
31 MARCH 2023
31 March 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Investments
3
331,671
331,671
Current assets
Debtors
4
11,942
67,000
Cash at bank and in hand
29,312
4,022
41,254
71,022
Creditors: amounts falling due within one year
5
(337,780)
(338,171)
Net current liabilities
(296,526)
(267,149)
Net assets
35,145
64,522
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
35,045
64,422
Total equity
35,145
64,522

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved and signed by the director and authorised for issue on 9 October 2023
Mr N Deakin
Director
Company registration number 12655323 (England and Wales)
DEAKIN HOLDINGS SOUTH WEST LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
- 2 -
1
Accounting policies
Company information

Deakin Holdings South West Limited is a private company limited by shares incorporated in England and Wales. The registered office is Millennium House Brannam Crescent, Roundswell Industrial Estate, Barnstaple, Devon, United Kingdom, EX31 3TD.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2023
2022
Number
Number
Total
1
1
3
Fixed asset investments
2023
2022
£
£
Shares in group undertakings and participating interests
331,671
331,671
4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Other debtors
11,942
67,000
DEAKIN HOLDINGS SOUTH WEST LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
- 3 -
5
Creditors: amounts falling due within one year
2023
2022
£
£
Amounts owed to group undertakings
335,680
335,671
Other creditors
2,100
2,500
337,780
338,171
6
Directors' transactions

Interest free loans have been granted by the company to its directors as follows:

Dividends totalling £131,700 (2022 - £15,372) were paid in the year in respect of shares held by the company's directors.

Advances or credits have been granted by the company to its directors as follows:

Description
% Rate
Opening balance
Amounts advanced
Amounts repaid
Closing balance
£
£
£
£
-
-
231,442
(219,500)
11,942
-
231,442
(219,500)
11,942
2023-03-312022-04-01false09 October 2023CCH SoftwareCCH Accounts Production 2023.300No description of principal activityMr N DeakinMrs K L Deakinfalse126553232022-04-012023-03-31126553232023-03-31126553232022-03-3112655323core:CurrentFinancialInstrumentscore:WithinOneYear2023-03-3112655323core:CurrentFinancialInstrumentscore:WithinOneYear2022-03-3112655323core:CurrentFinancialInstruments2023-03-3112655323core:CurrentFinancialInstruments2022-03-3112655323core:ShareCapital2023-03-3112655323core:ShareCapital2022-03-3112655323core:RetainedEarningsAccumulatedLosses2023-03-3112655323core:RetainedEarningsAccumulatedLosses2022-03-3112655323bus:Director12022-04-012023-03-31126553232021-04-012022-03-3112655323core:WithinOneYear2023-03-3112655323core:WithinOneYear2022-03-3112655323bus:PrivateLimitedCompanyLtd2022-04-012023-03-3112655323bus:SmallCompaniesRegimeForAccounts2022-04-012023-03-3112655323bus:FRS1022022-04-012023-03-3112655323bus:AuditExemptWithAccountantsReport2022-04-012023-03-3112655323bus:CompanySecretary12022-04-012023-03-3112655323bus:FullAccounts2022-04-012023-03-31xbrli:purexbrli:sharesiso4217:GBP