2 false false false false false false false false false true false false false false false false No description of principal activity 2022-04-01 Sage Accounts Production Advanced 2021 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP 13260581 2022-04-01 2023-03-31 13260581 2023-03-31 13260581 2021-04-01 2022-03-31 13260581 2022-03-31 13260581 bus:Director1 2022-04-01 2023-03-31 13260581 bus:Director2 2022-04-01 2023-03-31 13260581 core:WithinOneYear 2023-03-31 13260581 core:WithinOneYear 2022-03-31 13260581 core:ShareCapital 2023-03-31 13260581 core:ShareCapital 2022-03-31 13260581 core:RetainedEarningsAccumulatedLosses 2023-03-31 13260581 core:RetainedEarningsAccumulatedLosses 2022-03-31 13260581 bus:SmallEntities 2022-04-01 2023-03-31 13260581 bus:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 13260581 bus:AbridgedAccounts 2022-04-01 2023-03-31 13260581 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 13260581 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31
COMPANY REGISTRATION NUMBER: 13260581
Deni & Leo Group Ltd
Filleted Unaudited Abridged Financial Statements
31 March 2023
Deni & Leo Group Ltd
Abridged Statement of Financial Position
31 March 2023
2023
2022
Note
£
£
£
Current assets
Debtors
8,221
45,147
Cash at bank and in hand
6,181
-------
--------
8,221
51,328
Creditors: amounts falling due within one year
7,902
50,934
-------
--------
Net current assets
319
394
----
----
Total assets less current liabilities
319
394
----
----
Net assets
319
394
----
----
Capital and reserves
Called up share capital
2
2
Profit and loss account
317
392
----
----
Shareholders funds
319
394
----
----
These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the abridged statement of comprehensive income has not been delivered.
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .
All of the members have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the year ending 31 March 2023 in accordance with Section 444(2A) of the Companies Act 2006.
Deni & Leo Group Ltd
Abridged Statement of Financial Position (continued)
31 March 2023
These abridged financial statements were approved by the board of directors and authorised for issue on 19 September 2023 , and are signed on behalf of the board by:
Mr L Nemet
Mr M Tereujanu
Director
Director
Company registration number: 13260581
Deni & Leo Group Ltd
Notes to the Abridged Financial Statements
Year ended 31 March 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 63 Sturla Road, Chatham, ME4 5QL.
2. Statement of compliance
These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities measured at fair value through profit or loss.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2022: 2 ).