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REGISTERED NUMBER: 05770712 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023

FOR

DEAN'S (PETERBOROUGH) LTD.

DEAN'S (PETERBOROUGH) LTD. (REGISTERED NUMBER: 05770712)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DEAN'S (PETERBOROUGH) LTD.

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2023







DIRECTORS: A G Dean
A J Dean





REGISTERED OFFICE: 4 Office Village
Forder Way
Cygnet Park, Hampton
Peterborough
Cambridgeshire
PE7 8GX





REGISTERED NUMBER: 05770712 (England and Wales)





ACCOUNTANTS: TC Group
4 Office Village
Forder Way
Cygnet Park, Hampton
Peterborough
Cambridgeshire
PE7 8GX

DEAN'S (PETERBOROUGH) LTD. (REGISTERED NUMBER: 05770712)

BALANCE SHEET
31 MAY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 20,000 40,000
Tangible assets 5 40,272 32,044
60,272 72,044

CURRENT ASSETS
Debtors 6 1,748 5,322
Cash at bank 4,519 7,695
6,267 13,017
CREDITORS
Amounts falling due within one year 7 91,386 109,836
NET CURRENT LIABILITIES (85,119 ) (96,819 )
TOTAL ASSETS LESS CURRENT LIABILITIES (24,847 ) (24,775 )

PROVISIONS FOR LIABILITIES 8 3,844 2,281
NET LIABILITIES (28,691 ) (27,056 )

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 10 (28,693 ) (27,058 )
SHAREHOLDERS' FUNDS (28,691 ) (27,056 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

DEAN'S (PETERBOROUGH) LTD. (REGISTERED NUMBER: 05770712)

BALANCE SHEET - continued
31 MAY 2023


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 8 November 2023 and were signed on its behalf by:




A G Dean - Director



A J Dean - Director


DEAN'S (PETERBOROUGH) LTD. (REGISTERED NUMBER: 05770712)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023


1. STATUTORY INFORMATION

Dean's (Peterborough) Ltd. 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.

Significant judgements and estimates
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

No significant judgements (apart from those involving estimations) have been made by management in the process of applying the entity's accounting policies and preparing these financial statements.

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. There have been no key assumptions or there sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount generated in connection with the incorporation of the company from a Partnership business in 2006. The company began amortising the goodwill in 2020 over an estimate remaining useful life of 5 years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

At each balance sheet date assets not carried at fair value are assessed to determine whether there is an indication that the asset may be impaired. If there is such an indication the recoverable amount of the asset is compared to the carrying amount of the asset.

DEAN'S (PETERBOROUGH) LTD. (REGISTERED NUMBER: 05770712)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2023


2. ACCOUNTING POLICIES - continued

Financial instruments
The company holds basic financial instruments as defined in FRS102. The financial assets and financial liabilities of the company and their measurement basis are as follows:

Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at amortised cost.

Financial liabilities - trade creditors, accruals and other creditors and basic financial instruments and are measured at amortised cost. Taxation and social security and not included in the financial instruments disclosure definition.

Taxation
Taxation for the year 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 year 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.

Going concern
The financial statements have been prepared on a going concern basis which assumes that the company will continue in operation existence for the foreseeable future. The validity of this assumption depends upon an improvement in the company's trading position and continued financial support from its owner.

Debtors
Short term debtors are initially measured at transaction price less attributable costs and then subsequently measured at amortised costs using EIR. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors
Short term trade creditors are initially measured at transaction price less attributable costs. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

DEAN'S (PETERBOROUGH) LTD. (REGISTERED NUMBER: 05770712)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 June 2022
and 31 May 2023 100,000
AMORTISATION
At 1 June 2022 60,000
Amortisation for year 20,000
At 31 May 2023 80,000
NET BOOK VALUE
At 31 May 2023 20,000
At 31 May 2022 40,000

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 June 2022 20,041 58,324 5,950
Additions - 8,688 2,600
Disposals - (8,113 ) (2,650 )
At 31 May 2023 20,041 58,899 5,900
DEPRECIATION
At 1 June 2022 - 48,561 4,690
Charge for year - 4,394 954
Eliminated on disposal - (7,240 ) (2,607 )
At 31 May 2023 - 45,715 3,037
NET BOOK VALUE
At 31 May 2023 20,041 13,184 2,863
At 31 May 2022 20,041 9,763 1,260

DEAN'S (PETERBOROUGH) LTD. (REGISTERED NUMBER: 05770712)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2023


5. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 June 2022 17,045 1,184 102,544
Additions - 4,597 15,885
Disposals - - (10,763 )
At 31 May 2023 17,045 5,781 107,666
DEPRECIATION
At 1 June 2022 16,179 1,070 70,500
Charge for year 216 1,177 6,741
Eliminated on disposal - - (9,847 )
At 31 May 2023 16,395 2,247 67,394
NET BOOK VALUE
At 31 May 2023 650 3,534 40,272
At 31 May 2022 866 114 32,044

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 1,561 5,239
Prepayments 187 83
1,748 5,322

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 59 1,220
Corporation tax 1,851 1,247
VAT 14 1,483
Directors' current accounts 88,017 104,511
Accruals and deferred income 1,445 1,375
91,386 109,836

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 3,844 2,281

DEAN'S (PETERBOROUGH) LTD. (REGISTERED NUMBER: 05770712)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2023


8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 June 2022 2,281
Provided during year 1,563
Balance at 31 May 2023 3,844

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary shares £1 2 2

10. RESERVES
Retained
earnings
£   

At 1 June 2022 (27,058 )
Deficit for the year (1,635 )
At 31 May 2023 (28,693 )

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included within other Creditors at 31 May 2023, is an amount of £88,017 (2022: £104,511) owed to the Directors. This loan is unsecured, interest free and repayable on demand.

12. ULTIMATE CONTROLLING PARTY

The company is controlled by AG Dean and AJ Dean by virtue of 50:50 shareholding.