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Company Registration No. 06369624 (England and Wales)
The Denarius Group Ltd Unaudited accounts for the year ended 31 December 2023
The Denarius Group Ltd Unaudited accounts Contents
Page
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The Denarius Group Ltd Company Information for the year ended 31 December 2023
Director
R Garcha
Secretary
R Garcha
Company Number
06369624 (England and Wales)
Registered Office
Denarius House 301 Heath Road South Birmingham West Midlands B31 2BN United Kingdom
Accountants
Rav Garcha 301 Heath Road South Bournville Birmingham West Midlands B31 2BN
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Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of The Denarius Group Ltd for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of The Denarius Group Ltd for the year ended 31 December 2023 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
This report is made solely to the Board of Directors of The Denarius Group Ltd, as a body, in accordance with the terms of our engagement letter dated 1 January 2010. Our work has been undertaken solely to prepare for your approval the accounts of The Denarius Group Ltd and state those matters that we have agreed to state to the Board of Directors of The Denarius Group Ltd, as a body, in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Denarius Group Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that The Denarius Group Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of The Denarius Group Ltd. You consider that The Denarius Group Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of The Denarius Group Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Rav Garcha Member in Practice 301 Heath Road South Bournville Birmingham West Midlands B31 2BN 22 September 2024
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The Denarius Group Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
100 
100 
Cash at bank and in hand
4 
- 
104 
100 
Creditors: amounts falling due within one year
(114,513)
(122,160)
Net current liabilities
(114,409)
(122,060)
Net liabilities
(114,409)
(122,060)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(114,509)
(122,160)
Shareholders' funds
(114,409)
(122,060)
For the year ending 31 December 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 22 September 2024 and were signed on its behalf by
R Garcha Director Company Registration No. 06369624
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The Denarius Group Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
The Denarius Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 06369624. The registered office is Denarius House, 301 Heath Road South, Birmingham, West Midlands, B31 2BN, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25%
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2023
4,317 
At 31 December 2023
4,317 
Depreciation
At 1 January 2023
4,317 
At 31 December 2023
4,317 
Net book value
At 31 December 2023
- 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
100 
100 
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The Denarius Group Ltd Notes to the Accounts for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
- 
5 
Loans from directors
114,513 
122,155 
114,513 
122,160 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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