2 31/01/2023 2023-01-31 false false false false false false false false false false true false false true false false false false false true false No description of principal activities is disclosed 2022-02-01 Sage Accounts Production 21.0 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP 11155744 2022-02-01 2023-01-31 11155744 2023-01-31 11155744 2021-02-01 2022-01-31 11155744 2022-01-31 11155744 core:FurnitureFittingsToolsEquipment 2022-02-01 2023-01-31 11155744 core:MotorVehicles 2022-02-01 2023-01-31 11155744 bus:RegisteredOffice 2022-02-01 2023-01-31 11155744 bus:LeadAgentIfApplicable 2022-02-01 2023-01-31 11155744 bus:Director1 2022-02-01 2023-01-31 11155744 bus:Director2 2022-02-01 2023-01-31 11155744 core:FurnitureFittingsToolsEquipment 2023-01-31 11155744 core:WithinOneYear 2023-01-31 11155744 core:WithinOneYear 2022-01-31 11155744 core:AfterOneYear 2023-01-31 11155744 core:AfterOneYear 2022-01-31 11155744 core:ShareCapital 2023-01-31 11155744 core:ShareCapital 2022-01-31 11155744 core:RetainedEarningsAccumulatedLosses 2023-01-31 11155744 core:RetainedEarningsAccumulatedLosses 2022-01-31 11155744 bus:SmallEntities 2022-02-01 2023-01-31 11155744 bus:AuditExempt-NoAccountantsReport 2022-02-01 2023-01-31 11155744 bus:FullAccounts 2022-02-01 2023-01-31 11155744 bus:SmallCompaniesRegimeForAccounts 2022-02-01 2023-01-31 11155744 bus:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31
Company registration number: 11155744
Deromille Consultancy Ltd
Unaudited filleted financial statements
31 January 2023
Deromille Consultancy Ltd
Contents
Directors and other information
Statement of financial position
Notes to the financial statements
Deromille Consultancy Ltd
Directors and other information
Directors Mr Matthew Harrison
Mrs Eleanor Harrison
Company number 11155744
Registered office The Four Columns
Broughton Hall Business Park
Skipton
Noth Yorkshire
BD23 3AE
Accountants H & M Ltd
The Four Columns
Broughton Hall Business Park
Skipton
North Yorkshire
BD23 3AE
Bankers Santander UK Plc
Bridle Road
Bootle
Merseyside
L30 4GB
Deromille Consultancy Ltd
Statement of financial position
31 January 2023
2023 2022
Note £ £ £ £
Current assets
Debtors 6 20,970 11,874
Cash at bank and in hand 38,249 815
_______ _______
59,219 12,689
Creditors: amounts falling due
within one year 7 ( 29,800) ( 3,284)
_______ _______
Net current assets 29,419 9,405
_______ _______
Total assets less current liabilities 29,419 9,405
Creditors: amounts falling due
after more than one year 8 ( 7,744) ( 10,000)
_______ _______
Net assets/(liabilities) 21,675 ( 595)
_______ _______
Capital and reserves
Called up share capital 10 10
Profit and loss account 21,665 ( 605)
_______ _______
Shareholders funds/(deficit) 21,675 ( 595)
_______ _______
For the year ending 31 January 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 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 financial statements.
These 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 statement of income and retained earnings has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 12 October 2023 , and are signed on behalf of the board by:
Mr Matthew Harrison
Director
Company registration number: 11155744
Deromille Consultancy Ltd
Notes to the financial statements
Year ended 31 January 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 The Four Columns, Broughton Hall Business Park, Skipton, Noth Yorkshire, BD23 3AE.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and 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 and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The directors have given assurances that they will continue to support the company financially and will not demand repayment of their loan accounts in the foreseeable future. They therefore consider that despite the net liability position, the company is still a going concern.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for the services rendered, net of discounts and Value Added Tax.Revenue from the provision of services is recognised in the period in which the services are provided when all of the following conditions are satisfied; the amount of revenue can be measured reliably; it is probable that the economic benefits associated with the transaction will flow to the entity; the stage of completion of the transaction at the end of the reporting period can be measured reliably and the costs incurred and costs to complete the transaction can be measured reliably.
Taxation
Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes.Tax deferred or accelerated is accounted for in respect of all material timing differences, in particular accelerated capital allowances and revaluation gains on investment properties. All deferred tax is charged/(credited) to the Statement of Income and Retained Earnings.
Tangible assets
Tangible assets are initially recorded at cost, and is subsequently stated at cost less any accumulated depreciation and any accumulated impairment losses.Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fittings fixtures and equipment - 33 % straight line
Motor vehicles - 25 % reducing balance
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly, Prior impairments are also reviewed for possible reversal at each reporting date.
Financial instruments
The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, bank loans and directors' loans.Bank loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method. Directors' loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2022: 2 ).
5. Tangible assets
Fixtures, fittings and equipment Total
£ £
Cost
At 1 February 2022 and 31 January 2023 862 862
_______ _______
Depreciation
At 1 February 2022 and 31 January 2023 862 862
_______ _______
Carrying amount
At 31 January 2023 - -
_______ _______
At 31 January 2022 - -
_______ _______
6. Debtors
2023 2022
£ £
Other debtors 20,970 11,874
_______ _______
7. Creditors: amounts falling due within one year
2023 2022
£ £
Bank loans and overdrafts 2,455 2,000
Corporation tax 12,068 -
Social security and other taxes 13,950 804
Other creditors 1,327 480
_______ _______
29,800 3,284
_______ _______
8. Creditors: amounts falling due after more than one year
2023 2022
£ £
Other creditors 7,744 10,000
_______ _______