2022-12-012023-11-302023-11-30false07483807ASSESMONT GROUP LTD2024-08-11iso4217:GBPxbrli:pure074838072022-12-01074838072023-11-30074838072022-12-012023-11-30074838072021-12-01074838072022-11-30074838072021-12-012022-11-3007483807bus:SmallEntities2022-12-012023-11-3007483807bus:AuditExempt-NoAccountantsReport2022-12-012023-11-3007483807bus:AbridgedAccounts2022-12-012023-11-3007483807bus:PrivateLimitedCompanyLtd2022-12-012023-11-3007483807core:WithinOneYear2023-11-3007483807core:AfterOneYear2023-11-3007483807core:WithinOneYear2022-11-3007483807core:AfterOneYear2022-11-3007483807core:ShareCapital2023-11-3007483807core:SharePremium2023-11-3007483807core:RevaluationReserve2023-11-3007483807core:OtherReservesSubtotal2023-11-3007483807core:RetainedEarningsAccumulatedLosses2023-11-3007483807core:ShareCapital2022-11-3007483807core:SharePremium2022-11-3007483807core:RevaluationReserve2022-11-3007483807core:OtherReservesSubtotal2022-11-3007483807core:RetainedEarningsAccumulatedLosses2022-11-3007483807core:LandBuildings2023-11-3007483807core:PlantMachinery2023-11-3007483807core:Vehicles2023-11-3007483807core:FurnitureFittings2023-11-3007483807core:OfficeEquipment2023-11-3007483807core:NetGoodwill2023-11-3007483807core:IntangibleAssetsOtherThanGoodwill2023-11-3007483807core:ListedExchangeTraded2023-11-3007483807core:UnlistedNon-exchangeTraded2023-11-3007483807core:LandBuildings2022-11-3007483807core:PlantMachinery2022-11-3007483807core:Vehicles2022-11-3007483807core:FurnitureFittings2022-11-3007483807core:OfficeEquipment2022-11-3007483807core:NetGoodwill2022-11-3007483807core:IntangibleAssetsOtherThanGoodwill2022-11-3007483807core:ListedExchangeTraded2022-11-3007483807core:UnlistedNon-exchangeTraded2022-11-3007483807core:LandBuildings2022-12-012023-11-3007483807core:PlantMachinery2022-12-012023-11-3007483807core:Vehicles2022-12-012023-11-3007483807core:FurnitureFittings2022-12-012023-11-3007483807core:OfficeEquipment2022-12-012023-11-3007483807core:NetGoodwill2022-12-012023-11-3007483807core:IntangibleAssetsOtherThanGoodwill2022-12-012023-11-3007483807core:ListedExchangeTraded2022-12-012023-11-3007483807core:UnlistedNon-exchangeTraded2022-12-012023-11-3007483807core:MoreThanFiveYears2022-12-012023-11-3007483807core:Non-currentFinancialInstruments2023-11-3007483807core:Non-currentFinancialInstruments2022-11-3007483807dpl:CostSales2022-12-012023-11-3007483807dpl:DistributionCosts2022-12-012023-11-3007483807core:LandBuildings2022-12-012023-11-3007483807core:PlantMachinery2022-12-012023-11-3007483807core:Vehicles2022-12-012023-11-3007483807core:FurnitureFittings2022-12-012023-11-3007483807core:OfficeEquipment2022-12-012023-11-3007483807dpl:AdministrativeExpenses2022-12-012023-11-3007483807core:NetGoodwill2022-12-012023-11-3007483807core:IntangibleAssetsOtherThanGoodwill2022-12-012023-11-3007483807dpl:GroupUndertakings2022-12-012023-11-3007483807dpl:ParticipatingInterests2022-12-012023-11-3007483807dpl:GroupUndertakingscore:ListedExchangeTraded2022-12-012023-11-3007483807core:ListedExchangeTraded2022-12-012023-11-3007483807dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-12-012023-11-3007483807core:UnlistedNon-exchangeTraded2022-12-012023-11-3007483807dpl:CostSales2021-12-012022-11-3007483807dpl:DistributionCosts2021-12-012022-11-3007483807core:LandBuildings2021-12-012022-11-3007483807core:PlantMachinery2021-12-012022-11-3007483807core:Vehicles2021-12-012022-11-3007483807core:FurnitureFittings2021-12-012022-11-3007483807core:OfficeEquipment2021-12-012022-11-3007483807dpl:AdministrativeExpenses2021-12-012022-11-3007483807core:NetGoodwill2021-12-012022-11-3007483807core:IntangibleAssetsOtherThanGoodwill2021-12-012022-11-3007483807dpl:GroupUndertakings2021-12-012022-11-3007483807dpl:ParticipatingInterests2021-12-012022-11-3007483807dpl:GroupUndertakingscore:ListedExchangeTraded2021-12-012022-11-3007483807core:ListedExchangeTraded2021-12-012022-11-3007483807dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-12-012022-11-3007483807core:UnlistedNon-exchangeTraded2021-12-012022-11-3007483807core:NetGoodwill2023-11-3007483807core:IntangibleAssetsOtherThanGoodwill2023-11-3007483807core:LandBuildings2023-11-3007483807core:PlantMachinery2023-11-3007483807core:Vehicles2023-11-3007483807core:FurnitureFittings2023-11-3007483807core:OfficeEquipment2023-11-3007483807core:AfterOneYear2023-11-3007483807core:WithinOneYear2023-11-3007483807core:ListedExchangeTraded2023-11-3007483807core:UnlistedNon-exchangeTraded2023-11-3007483807core:ShareCapital2023-11-3007483807core:SharePremium2023-11-3007483807core:RevaluationReserve2023-11-3007483807core:OtherReservesSubtotal2023-11-3007483807core:RetainedEarningsAccumulatedLosses2023-11-3007483807core:NetGoodwill2022-11-3007483807core:IntangibleAssetsOtherThanGoodwill2022-11-3007483807core:LandBuildings2022-11-3007483807core:PlantMachinery2022-11-3007483807core:Vehicles2022-11-3007483807core:FurnitureFittings2022-11-3007483807core:OfficeEquipment2022-11-3007483807core:AfterOneYear2022-11-3007483807core:WithinOneYear2022-11-3007483807core:ListedExch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ASSESMONT GROUP LTD

Registered Number
07483807
(England and Wales)

Unaudited Financial Statements for the Year ended
30 November 2023

ASSESMONT GROUP LTD
Company Information
for the year from 1 December 2022 to 30 November 2023

Director

SAMS, David Anthony

Registered Address

The Old Granary
Dunton Road
Laindon
SS15 4DB

Registered Number

07483807 (England and Wales)
ASSESMONT GROUP LTD
Balance Sheet as at
30 November 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets310,4375,863
Investments4200200
10,6376,063
Current assets
Stocks82,460155,502
Debtors1,052,477906,607
Cash at bank and on hand340,453233,658
1,475,3901,295,767
Creditors amounts falling due within one year5(348,128)(271,997)
Net current assets (liabilities)1,127,2621,023,770
Total assets less current liabilities1,137,8991,029,833
Creditors amounts falling due after one year6(87,635)(190,792)
Net assets1,050,264839,041
Capital and reserves
Called up share capital100100
Profit and loss account1,050,164838,941
Shareholders' funds1,050,264839,041
The financial statements were approved and authorised for issue by the Director on 11 August 2024, and are signed on its behalf by:
SAMS, David Anthony
Director
Registered Company No. 07483807
ASSESMONT GROUP LTD
Notes to the Financial Statements
for the year ended 30 November 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Fixtures and fittings10
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Stocks and work in progress
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
Trade and other debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. During the current year an Inter-Company Loan (£79,119) with Assesmont Ltd was written off due to the company going into liquidation.
2.Average number of employees

20232022
Average number of employees during the year2919
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 December 2216,618
Additions6,891
At 30 November 2323,509
Depreciation and impairment
At 01 December 2210,756
Charge for year2,316
At 30 November 2313,072
Net book value
At 30 November 2310,437
At 30 November 225,863
4.Fixed asset investments

Total

£
Cost or valuation
At 01 December 22200
At 30 November 23200
Net book value
At 30 November 23200
At 30 November 22200
5.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables229,918185,130
Taxation and social security113,23469,823
Other creditors4,97617,044
Total348,128271,997
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
6.Creditors: amounts due after one year

2023

2022

££
Bank borrowings and overdrafts87,150108,333
Other creditors48582,459
Total87,635190,792
Long term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.