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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
Page
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Dean Engineering Consultants Limited Company Information for the year ended 31 March 2024
Director
Simon Paul Dean
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
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Dean Engineering Consultants Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
36 
48 
Current assets
Debtors
449 
457 
Investments
100,843 
103,813 
Cash at bank and in hand
72,327 
139,006 
173,619 
243,276 
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
Deferred tax
(7)
(9)
Net assets
129,392 
162,490 
Capital and reserves
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
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Dean Engineering Consultants Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Deferred taxation
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
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
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.
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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 
Depreciation
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 
Net book value
At 31 March 2024
20 
16 
- 
36 
At 31 March 2023
26 
22 
- 
48 
5
Debtors
2024 
2023 
£ 
£ 
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 
100,843 
103,813 
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 
£ 
£ 
VAT
1,257 
3,565 
Taxes and social security
1,581 
4,778 
Other creditors
824 
601 
Loans from directors
39,894 
71,131 
Accruals
700 
750 
44,256 
80,825 
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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 
2024 
2023 
£ 
£ 
Provision at start of year
9 
12 
Credited to the profit and loss account
(2)
(3)
Provision at end of year
7 
9 
9
Share capital
2024 
2023 
£ 
£ 
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).
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