Company Registration No. 07449629 (England and Wales)
De Fontenay Ltd
Unaudited accounts
for the year ended 30 November 2023
De Fontenay Ltd
Unaudited accounts
Contents
De Fontenay Ltd
Company Information
for the year ended 30 November 2023
Company Number
07449629 (England and Wales)
Registered Office
Unit E7 The Enterprise Village
Prince Albert Gardens
Grimsby
N E Lincs
DN31 3AG
Accountants
Horsewood & Co
187a St Nicholas Drive
Grimsby
N E Lincs
DN37 9RE
De Fontenay Ltd
Statement of financial position
as at 30 November 2023
Tangible assets
42,818
45,432
Cash at bank and in hand
474,812
445,724
Creditors: amounts falling due within one year
(259,248)
(326,659)
Net current assets
393,722
263,371
Total assets less current liabilities
436,540
309,255
Provisions for liabilities
Deferred tax
(8,135)
(8,632)
Net assets
428,405
300,623
Called up share capital
50
50
Capital redemption reserve
50
50
Profit and loss account
428,305
300,523
Shareholders' funds
428,405
300,623
For the year ending 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 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 30 August 2024 and were signed on its behalf by
Liam O'Leary
Director
Company Registration No. 07449629
De Fontenay Ltd
Notes to the Accounts
for the year ended 30 November 2023
De Fontenay Ltd is a private company, limited by shares, registered in England and Wales, registration number 07449629. The registered office is Unit E7 The Enterprise Village, Prince Albert Gardens, Grimsby, N E Lincs, DN31 3AG.
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.
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
15% on reducing balance basis
Fixtures & fittings
15% on reducing balance basis
Computer equipment
25% on reducing balance basis
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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.
Expenditure on research and development is written off in the year in which it is incurred.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
De Fontenay Ltd
Notes to the Accounts
for the year ended 30 November 2023
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Intangible fixed assets
Goodwill
At 30 November 2023
10,843
At 30 November 2023
10,843
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2022
6,182
6,762
75,651
88,595
Additions
-
840
8,168
9,008
At 30 November 2023
6,182
7,602
83,819
97,603
At 1 December 2022
2,205
4,262
36,696
43,163
Charge for the year
596
480
10,546
11,622
At 30 November 2023
2,801
4,742
47,242
54,785
At 30 November 2023
3,381
2,860
36,577
42,818
At 30 November 2022
3,977
2,500
38,955
45,432
Amounts falling due within one year
Trade debtors
133,066
141,033
Accrued income and prepayments
4,362
3,273
Amounts falling due after more than one year
De Fontenay Ltd
Notes to the Accounts
for the year ended 30 November 2023
7
Creditors: amounts falling due within one year
2023
2022
Trade creditors
28,674
149,495
Taxes and social security
18,099
36,948
Other creditors
3,677
1,314
Loans from directors
926
672
8
Operating lease commitments
2023
2022
At 30 November 2023 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
13,200
13,200
Later than one year and not later than five years
1,100
14,300
9
Transactions with related parties
As at 30 November 2023 the company owed the Director £926 (30 November 2022 £672). No
interest is payable on the loan.
10
Average number of employees
During the year the average number of employees was 25 (2022: 20).