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REGISTERED NUMBER: 03647566 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

D.F.E. (UK) LIMITED

D.F.E. (UK) LIMITED (REGISTERED NUMBER: 03647566)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Certified Accountants' Report 7

D.F.E. (UK) LIMITED

Company Information
for the Year Ended 31 October 2023







DIRECTORS: J D Burrows
Mrs E J Marstin





REGISTERED OFFICE: Unit 2 Kensington Court
108 Manor Road
Wallington
Surrey
SM6 0DW





REGISTERED NUMBER: 03647566 (England and Wales)





ACCOUNTANTS: A W Associates
Regus, Building 2
Guildford Business Park Road
Guildford
Surrey
GU2 8XG

D.F.E. (UK) LIMITED (REGISTERED NUMBER: 03647566)

Balance Sheet
31 October 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 1,443 1,943
1,443 1,943

CURRENT ASSETS
Debtors 6 277,024 380,905
Cash at bank 676,011 590,732
953,035 971,637
CREDITORS
Amounts falling due within one year 7 506,728 686,235
NET CURRENT ASSETS 446,307 285,402
TOTAL ASSETS LESS CURRENT
LIABILITIES

447,750

287,345

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 447,650 287,245
SHAREHOLDERS' FUNDS 447,750 287,345

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

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

D.F.E. (UK) LIMITED (REGISTERED NUMBER: 03647566)

Balance Sheet - continued
31 October 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 29 July 2024 and were signed on its behalf by:





Mrs E J Marstin - Director


D.F.E. (UK) LIMITED (REGISTERED NUMBER: 03647566)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

D.F.E. (UK) Limited 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.

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 paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of five 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 each asset over its estimated useful life.
Fixtures and fittings - at variable rates on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - at variable rates on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 4 ) .

D.F.E. (UK) LIMITED (REGISTERED NUMBER: 03647566)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2022
and 31 October 2023 25,000
AMORTISATION
At 1 November 2022
and 31 October 2023 25,000
NET BOOK VALUE
At 31 October 2023 -
At 31 October 2022 -

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 November 2022
and 31 October 2023 1,007 22,000 15,939 38,946
DEPRECIATION
At 1 November 2022 966 20,348 15,689 37,003
Charge for year 12 413 75 500
At 31 October 2023 978 20,761 15,764 37,503
NET BOOK VALUE
At 31 October 2023 29 1,239 175 1,443
At 31 October 2022 41 1,652 250 1,943

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 251,321 354,182
Other debtors 25,703 26,723
277,024 380,905

D.F.E. (UK) LIMITED (REGISTERED NUMBER: 03647566)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 401,974 592,777
Taxation and social security 96,904 84,322
Other creditors 7,850 9,136
506,728 686,235

8. RELATED PARTY DISCLOSURES

The company's parent company is Furniture For Schools Limited, incorporated in England.

Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
D.F.E. (UK) Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of D.F.E. (UK) Limited for the year ended 31 October 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of D.F.E. (UK) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of D.F.E. (UK) Limited and state those matters that we have agreed to state to the Board of Directors of D.F.E. (UK) Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that D.F.E. (UK) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of D.F.E. (UK) Limited. You consider that D.F.E. (UK) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of D.F.E. (UK) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






A W Associates
Regus, Building 2
Guildford Business Park Road
Guildford
Surrey
GU2 8XG


29 July 2024