2022-12-01 05670809 2023-11-30 05670809 2022-12-01 2023-11-30 05670809 2022-11-30 05670809 2021-12-01 2022-11-30 05670809 uk-core:WithinOneYear 2022-11-30 05670809 uk-core:WithinOneYear 2023-11-30 05670809 uk-core:AfterOneYear 2022-11-30 05670809 uk-core:AfterOneYear 2023-11-30 05670809 uk-core:ShareCapital 2023-11-30 05670809 uk-core:ShareCapital 2022-11-30 05670809 uk-core:RetainedEarningsAccumulatedLosses 2023-11-30 05670809 uk-core:RetainedEarningsAccumulatedLosses 2022-11-30 05670809 uk-bus:Director1 2022-12-01 2023-11-30 05670809 uk-core:PlantMachinery 2022-12-01 2023-11-30 05670809 uk-core:ComputerEquipment 2022-12-01 2023-11-30 05670809 uk-core:CommercialMotorVehicles 2022-12-01 2023-11-30 05670809 uk-core:FurnitureFittings 2022-12-01 2023-11-30 05670809 uk-core:ComputerEquipment 2022-11-30 05670809 uk-core:FurnitureFittings 2022-11-30 05670809 uk-core:CommercialMotorVehicles 2022-11-30 05670809 uk-core:PlantMachinery 2022-11-30 05670809 uk-core:LeaseholdImprovements 2022-11-30 05670809 uk-core:LeaseholdImprovements 2022-12-01 2023-11-30 05670809 uk-core:LeaseholdImprovements 2023-11-30 05670809 uk-core:CommercialMotorVehicles 2023-11-30 05670809 uk-core:FurnitureFittings 2023-11-30 05670809 uk-core:ComputerEquipment 2023-11-30 05670809 uk-core:PlantMachinery 2023-11-30 05670809 uk-core:CostValuation 2022-11-30 05670809 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2022-11-30 05670809 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2023-11-30 05670809 uk-core:CostValuation 2023-11-30 05670809 uk-core:Non-currentFinancialInstruments 2023-11-30 05670809 uk-core:Non-currentFinancialInstruments 2022-11-30 05670809 uk-core:WithinOneYear 2023-11-30 05670809 uk-core:WithinOneYear 2022-11-30 05670809 uk-core:AfterOneYear uk-core:Secured 2023-11-30 05670809 uk-core:AfterOneYear uk-core:Secured 2022-11-30 iso4217:GBP xbrli:pure 05670809 uk-bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 05670809 uk-bus:FRS102 2022-12-01 2023-11-30 05670809 uk-bus:FilletedAccounts 2022-12-01 2023-11-30 05670809 uk-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30
Decron Limited
Registered Number:05670809
For the year ended 30 November 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 30 November 2023
Decron Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
05670809
As at 30 November 2023
Decron Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
1,729,903
1,229,392
2
Financial assets
150
150
3
1,730,053
1,229,542
Current assets
Inventories
27,200
26,400
4
Trade and other receivables
1,273,727
1,584,539
5
94,939
Cash and cash equivalents
89,887
1,700,826
1,395,866
Trade and other payables: amounts falling due within one
year
(806,339)
(759,049)
6
589,527
941,777
Net current assets
Total assets less current liabilities
2,671,830
1,819,069
Trade and other payables: amounts falling due after more
than one year
(738,427)
(1,019,037)
7
1,652,793
Net assets
1,080,642
Capital and reserves
Called up share capital
100
100
Retained earnings
1,652,693
1,080,542
1,652,793
1,080,642
Shareholders' funds
For the year ended 30 November 2023 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 of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Ian Wallbank Director
These financial statements were approved and authorised for issue by the Board on 07 August 2024 and were signed by:
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4
Registered Number :
05670809
For the year ended 30 November 2023
Decron Limited
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 30 November 2023
Decron Limited
Notes to the Financial Statements
Statutory Information
Decron Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number
05670809.
Registered address:
Unit 14
Primrose Business Park, Primrose Road
Clitheroe
Lancashire
BB7 1DR
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
15%/25% Reducing balance
25% Reducing balance
Computer Equipment
25% Reducing balance
Motor Vehicles
25% Reducing balance
Furniture and Fittings
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate at the date of transaction. Exchange rate differences are taken into account in arriving at the operating result.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
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6
For the year ended 30 November 2023
Decron Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
Equipment
Furniture and
Fittings
Motor
Vehicles
Plant and
Machinery
Land and
Buildings
£
£
£
£
£
£
Cost or
valuation
At 01 December
2022
1,559,929
12,276
6,118
170,764
1,360,043
10,728
753,827
2,210
817
30,840
719,960
-
Additions
At 30 November
2023
10,728
201,604
6,935
14,486
2,313,756
2,080,003
Provision for depreciation and impairment
At 01 December
2022
330,537
8,261
5,642
59,263
246,643
10,728
Charge for year
253,316
1,256
289
29,826
221,945
-
At 30 November
2023
583,853
9,517
5,931
89,089
468,588
10,728
At 30 November
2023
Net book value
-
1,611,415
112,515
1,004
4,969
1,729,903
-
1,113,400
111,501
476
4,015
1,229,392
At 30 November
2022
3. Investments held as fixed assets
Other investments
Total
At 01 December 2022
150
150
Cost
£
£
At 30 November 2023
150
150
At 30 November 2023
Net book value
150
150
At 01 December 2022
150
150
4. Inventories
2022
2023
£
£
Stocks
26,400
27,200
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7
For the year ended 30 November 2023
Decron Limited
Notes to the Financial Statements Continued
5. Trade and other receivables
2022
2023
£
£
Trade debtors
444,971
566,042
Other debtors
1,139,568
707,685
1,273,727
1,584,539
The debtors above include the following amounts falling due after more than one year:
Other debtors
700,000
-
6. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft
45,636
45,636
Trade creditors
287,486
420,358
Taxation and social security
29,413
38,551
Other creditors
396,514
301,794
759,049
806,339
7. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft
89,429
123,099
Other creditors
929,608
615,328
1,019,037
738,427
8. Related party transactions
During theYear the Company charged Decron Sefety Netting Ltd £102,602 (2022 £107,269), and Precision Metal
Forming Ltd £536,278 ( 2022 £500,192). During the year the company made purchases from Decron Safety Netting
Ltd of £199,978 ( 2022 £224,966) and from Precision Metal Forming Ltd £280,542 (2022 £245,792). At the Balance
sheet date the company was owed £1,074,436 ( 2022 £536,735) from Precision metal Forming Ltd and the company
owed £26,814 ( 2022 £97,126) to Decron Safety Netting Ltd. Both of these Companies are under the common
control of the Director.
9. Average number of persons employed
During the year the average number of employees was 16 (2022 : 15)
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