Company Registration No. 10272770 (England and Wales)
DEANY FABRICS LTD
Unaudited accounts
for the year ended 31 July 2024
DEANY FABRICS LTD
Unaudited accounts
Contents
DEANY FABRICS LTD
Company Information
for the year ended 31 July 2024
Company Number
10272770 (England and Wales)
Registered Office
87 PROMENADE
BRIDLINGTON
EAST RIDING OF YORKSHIRE
YO15 2QJ
UNITED KINGDOM
Accountants
CALCUL8 LIMITED
57 HIGH STREET
SAXILBY
LINCOLN
LINCOLNSHIRE
LN1 2HA
DEANY FABRICS LTD
Statement of financial position
as at 31 July 2024
Tangible assets
9,657
11,068
Cash at bank and in hand
2,703
1,870
Creditors: amounts falling due within one year
(47,906)
(41,335)
Net current liabilities
(25,653)
(19,898)
Total assets less current liabilities
(15,996)
(8,830)
Creditors: amounts falling due after more than one year
(8,632)
(10,300)
Net liabilities
(24,628)
(19,130)
Called up share capital
1
1
Profit and loss account
(24,629)
(19,131)
Shareholders' funds
(24,628)
(19,130)
For the year ending 31 July 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 her 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 28 August 2024 and were signed on its behalf by
NADENE LEES
Director
Company Registration No. 10272770
DEANY FABRICS LTD
Notes to the Accounts
for the year ended 31 July 2024
DEANY FABRICS LTD is a private company, limited by shares, registered in England and Wales, registration number 10272770. The registered office is 87 PROMENADE, BRIDLINGTON, EAST RIDING OF YORKSHIRE, YO15 2QJ, UNITED KINGDOM.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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% Reducing Balance
Fixtures & fittings
15% Reducing Balance
Computer equipment
25% Reducing Balance
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.
The director believes the going concern basis is still appropriate due to her continued support.
DEANY FABRICS LTD
Notes to the Accounts
for the year ended 31 July 2024
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2023
15,667
3,485
1,174
20,326
At 31 July 2024
15,667
3,485
1,174
20,326
At 1 August 2023
6,106
2,275
877
9,258
Charge for the year
1,165
172
74
1,411
At 31 July 2024
7,271
2,447
951
10,669
At 31 July 2024
8,396
1,038
223
9,657
At 31 July 2023
9,561
1,210
297
11,068
Finished goods
19,550
19,550
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
2,069
5,879
Trade creditors
1,391
2,016
Other creditors
43,990
33,090
8
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
DEANY FABRICS LTD
Notes to the Accounts
for the year ended 31 July 2024
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).