Company Registration No. 05082323 (England and Wales)
Dean Engineering Consultants Limited
Unaudited accounts
for the year ended 31 March 2024
Dean Engineering Consultants Limited
Unaudited accounts
Contents
Dean Engineering Consultants Limited
Company Information
for the year ended 31 March 2024
Company Number
05082323 (England and Wales)
Registered Office
51 Wilmslow Road
Cheadle
Stockport
Cheshire
SK8 1HG
England
Accountants
SJM Accounting Services
51 Wilmslow Road
Cheadle
Stockport
Cheshire
SK8 1HG
Dean Engineering Consultants Limited
Statement of financial position
as at 31 March 2024
Investments
100,843
103,813
Cash at bank and in hand
72,327
139,006
Creditors: amounts falling due within one year
(44,256)
(80,825)
Net current assets
129,363
162,451
Total assets less current liabilities
129,399
162,499
Provisions for liabilities
Net assets
129,392
162,490
Called up share capital
2
2
Profit and loss account
129,390
162,488
Shareholders' funds
129,392
162,490
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 5 August 2024 and were signed on its behalf by
Simon Paul Dean
Director
Company Registration No. 05082323
Dean Engineering Consultants Limited
Notes to the Accounts
for the year ended 31 March 2024
Dean Engineering Consultants Limited is a private company, limited by shares, registered in England and Wales, registration number 05082323. The registered office is 51 Wilmslow Road, Cheadle, Stockport, Cheshire, SK8 1HG, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling which is the functional currency of the company.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
33% straight line
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Investments in listed shares are included at cost.
Loans made via peer to peer lending are included at the latest valuations, including interest received less costs and write offs in respect of defaulters.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Dean Engineering Consultants Limited
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
488
297
2,598
3,383
At 31 March 2024
488
297
2,598
3,383
At 1 April 2023
462
275
2,598
3,335
Charge for the year
6
6
-
12
At 31 March 2024
468
281
2,598
3,347
At 31 March 2024
20
16
-
36
At 31 March 2023
26
22
-
48
Amounts falling due within one year
Accrued income and prepayments
449
457
6
Investments held as current assets
2024
2023
Listed investments
99,997
99,997
Unlisted investments
846
3,816
Current asset investments comprise of:
Portfolio of quoted shares £99,997 (2023: £99,997) at cost
Peer to peer lending £846 (2023: £3,816) at latest valuation
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,581
4,778
Loans from directors
39,894
71,131
Dean Engineering Consultants Limited
Notes to the Accounts
for the year ended 31 March 2024
8
Deferred taxation
2024
2023
Accelerated capital allowances
7
9
Provision at start of year
9
12
Credited to the profit and loss account
(2)
(3)
Provision at end of year
7
9
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
10
Transactions with related parties
SP Dean (director and shareholder)
Dividends paid in the year £40,000 (2023: £50,000)
Loan account owed to SP Dean £39,894 (2023: £71,131)
11
Average number of employees
During the year the average number of employees was 1 (2023: 1).