DEALCOMP LIMITED |
REPORT OF THE DIRECTOR AND |
ABRIDGED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED |
31 AUGUST 2023 |
DEALCOMP LIMITED |
REPORT OF THE DIRECTOR AND |
ABRIDGED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED |
31 AUGUST 2023 |
DEALCOMP LIMITED (REGISTERED NUMBER: 02257959) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the year ended 31 August 2023 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 4 |
DEALCOMP LIMITED |
COMPANY INFORMATION |
for the year ended 31 August 2023 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
4 Churchill Court |
58 Station Road |
North Harrow |
Middlesex |
HA2 7ST |
BANKERS: |
Threadneedle Street Branch |
39 Threadneedle Street |
London |
EC2R 8AU |
DEALCOMP LIMITED (REGISTERED NUMBER: 02257959) |
STATEMENT OF FINANCIAL POSITION |
31 August 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 5 |
Investments | 6 |
CURRENT ASSETS |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
PROVISIONS FOR LIABILITIES |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Revaluation reserve | 8 |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
The director acknowledges his 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. |
DEALCOMP LIMITED (REGISTERED NUMBER: 02257959) |
STATEMENT OF FINANCIAL POSITION - continued |
31 August 2023 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
DEALCOMP LIMITED (REGISTERED NUMBER: 02257959) |
NOTES TO THE FINANCIAL STATEMENTS |
for the year ended 31 August 2023 |
1. | STATUTORY INFORMATION |
Dealcomp Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | STATEMENT OF COMPLIANCE |
3. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Tangible fixed assets |
Plant and machinery etc | - |
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 statement of financial position date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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. |
Research and development |
Expenditure on research and development is written off in the year in which it is incurred. |
Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
DEALCOMP LIMITED (REGISTERED NUMBER: 02257959) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the year ended 31 August 2023 |
3. | ACCOUNTING POLICIES - continued |
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. |
4. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
5. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
Cost |
At 1 September 2022 |
and 31 August 2023 |
Depreciation |
At 1 September 2022 |
Charge for year |
At 31 August 2023 |
Net book value |
At 31 August 2023 |
At 31 August 2022 |
6. | FIXED ASSET INVESTMENTS |
Other |
investments |
£ |
Cost or valuation |
At 1 September 2022 |
Additions |
Disposals | ( |
) |
Revaluations | ( |
) |
At 31 August 2023 |
Net book value |
At 31 August 2023 |
At 31 August 2022 |
DEALCOMP LIMITED (REGISTERED NUMBER: 02257959) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the year ended 31 August 2023 |
6. | FIXED ASSET INVESTMENTS - continued |
Cost or valuation at 31 August 2023 is represented by: |
Other |
investments |
£ |
Valuation in 2021 | 42,430 |
Valuation in 2022 | (8,757 | ) |
Valuation in 2023 | (6,176 | ) |
Cost | 39,609 |
67,106 |
If Fixed asset investments had not been revalued they would have been included at the following historical cost: |
2023 | 2022 |
£ | £ |
Cost | 39,452 | 39,452 |
Fixed Asset Investments were valued on an open market basis on 31 August 2022 by the company's stockbrokers . |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Trade creditors | ( |
) |
Taxation and social security |
Other creditors |
8. | RESERVES |
Revaluation |
reserve |
£ |
At 1 September 2022 |
Revaluation of investments | (5,003 | ) |
At 31 August 2023 |
9. | CONTINGENT LIABILITIES |
As far as the Director is aware, there were no contingent liabilities at the balance sheet date. |
10. | ULTIMATE CONTROLLING PARTY |
The ultimate controlling party is |