REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 NOVEMBER 2023 |
FOR |
DENBY DALE SHIRT CO. (HOLDINGS) LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 NOVEMBER 2023 |
FOR |
DENBY DALE SHIRT CO. (HOLDINGS) LIMITED |
DENBY DALE SHIRT CO. (HOLDINGS) LIMITED (REGISTERED NUMBER: 09409094) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 NOVEMBER 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
DENBY DALE SHIRT CO. (HOLDINGS) LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 30 NOVEMBER 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
12 Victoria Road |
Barnsley |
South Yorkshire |
S70 2BB |
DENBY DALE SHIRT CO. (HOLDINGS) LIMITED (REGISTERED NUMBER: 09409094) |
BALANCE SHEET |
30 NOVEMBER 2023 |
30.11.23 | 30.11.22 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investments | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 7 |
Share premium |
Other reserves |
Retained earnings |
SHAREHOLDERS' FUNDS |
DENBY DALE SHIRT CO. (HOLDINGS) LIMITED (REGISTERED NUMBER: 09409094) |
BALANCE SHEET - continued |
30 NOVEMBER 2023 |
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. |
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 |
DENBY DALE SHIRT CO. (HOLDINGS) LIMITED (REGISTERED NUMBER: 09409094) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 NOVEMBER 2023 |
1. | STATUTORY INFORMATION |
Denby Dale Shirt Co. (Holdings) Limited is a |
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Preparation of consolidated financial statements |
The financial statements contain information about Denby Dale Shirt Co. (Holdings) Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements. |
Significant judgements and estimates |
No judgements have been made in the process of applying the below accounting policies that have had the most significant effect on amounts recognised in the financial statements. |
There are no key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing material adjustment to the carrying amounts of assets and liabilities within the next financial year. |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
Investments in subsidiary undertakings are recognised at historic cost. The fair value of investments in subsidiary undertakings, in the opinion of the directors, cannot be measured reliably without undue cost or effort. |
As such, investments in subsidiary undertakings are accounted for using the cost model. |
Regular impairment reviews are undertaken by the directors. |
DENBY DALE SHIRT CO. (HOLDINGS) LIMITED (REGISTERED NUMBER: 09409094) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 NOVEMBER 2023 |
2. | ACCOUNTING POLICIES - continued |
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 balance sheet date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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. |
Investments |
Listed fixed asset investments are stated at their market value. |
Unlisted fixed asset investments are initially recognised at cost. Provision is made for any permanent diminution in value of unlisted investments. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
DENBY DALE SHIRT CO. (HOLDINGS) LIMITED (REGISTERED NUMBER: 09409094) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 NOVEMBER 2023 |
4. | FIXED ASSET INVESTMENTS |
Shares in |
group | Other |
undertakings | investments | Totals |
£ | £ | £ |
COST OR VALUATION |
At 1 December 2022 | 1,302,103 |
Disposals | ( |
) | (316,551 | ) |
At 30 November 2023 | 985,552 |
NET BOOK VALUE |
At 30 November 2023 | 985,552 |
At 30 November 2022 | 1,302,103 |
Cost or valuation at 30 November 2023 is represented by: |
Shares in |
group | Other |
undertakings | investments | Totals |
£ | £ | £ |
Valuation in 2022 | - | 326,621 | 326,621 |
Valuation in 2018 | - | (316,551 | ) | (316,551 | ) |
Cost | 975,482 | - | 975,482 |
975,482 | 10,070 | 985,552 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.11.23 | 30.11.22 |
£ | £ |
Amounts owed by group undertakings |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.11.23 | 30.11.22 |
£ | £ |
Corporation tax |
Accruals and deferred income |
DENBY DALE SHIRT CO. (HOLDINGS) LIMITED (REGISTERED NUMBER: 09409094) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 NOVEMBER 2023 |
7. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 30.11.23 | 30.11.22 |
value: | £ | £ |
Ordinary | 1p | 300 | 300 |
Ordinary A | 1p | 1 | 1 |
301 | 301 |
8. | RELATED PARTY DISCLOSURES |
Entities over which the entity has control |
30.11.23 | 30.11.22 |
£ | £ |
Dividends received from related parties |
150,000 |
260,000 |
Net interest free loans from/(repaid to) related parties |
321,589 |
41,922 |
Amount owed from related parties |
1,345,128 |
1,203,539 |