COMPANY REGISTRATION NUMBER:
08403981
DEERHURST CLASSICS LIMITED |
|
FILLETED UNAUDITED FINANCIAL STATEMENTS |
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DEERHURST CLASSICS LIMITED |
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YEAR ENDED 30th JUNE 2024
Statement of financial position |
1 |
|
|
Notes to the financial statements |
2 to 3 |
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DEERHURST CLASSICS LIMITED |
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STATEMENT OF FINANCIAL POSITION |
|
30 June 2024
Current assets
Cash at bank and in hand |
4 |
|
4 |
|
|
|
|
|
|
Creditors: amounts falling due within one year |
4 |
10,228 |
|
10,228 |
|
|
-------- |
|
-------- |
|
Net current liabilities |
|
10,224 |
|
10,224 |
|
|
-------- |
|
-------- |
Total assets less current liabilities |
|
(
10,224) |
|
(
10,224) |
|
|
-------- |
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-------- |
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|
|
|
|
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Capital and reserves
Called up share capital |
|
4 |
|
4 |
Profit and loss account |
|
(
10,228) |
|
(
10,228) |
|
|
-------- |
|
-------- |
Shareholders deficit |
|
(
10,224) |
|
(
10,224) |
|
|
-------- |
|
-------- |
|
|
|
|
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These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
The company did not trade during the current year or prior year and has not made either a profit or loss.
For the year ending 30th June 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
15 November 2024
, and are signed on behalf of the board by:
Company registration number:
08403981
DEERHURST CLASSICS LIMITED |
|
NOTES TO THE FINANCIAL STATEMENTS |
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YEAR ENDED 30th JUNE 2024
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 11 Albion Parade, Wall Heath, Kingswinford, West Midlands, DY6 0NP.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
(i)
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
(ii)
Income statement
The company is dormant as defined by section 1169 of the Companies Act 2006. The company received no income and incurred no expenditure during the current year or prior year and therefore no income statement is presented within these financial statements. There have been no movements in shareholders deficit during the current year or prior year.
(iii)
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
(iv)
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4.
Creditors:
amounts falling due within one year
|
2024 |
2023 |
|
£ |
£ |
Other creditors |
10,228 |
10,228 |
|
-------- |
-------- |
|
|
|
5.
Going concern note
The accounts have been drawn up on the going concern basis on the grounds that the company is dependent upon the continued support of the director.
Should this support be withdrawn the company may not be able to continue and adjustments would have to be made to reduce the value of assets to their recoverable amounts, to provide for any further liabilities that may crystallise and to reclassify fixed assets and long-term liabilities as current assets and current liabilities.
6.
Director's advances, credits and guarantees
There were no transactions during the year which need to be reported upon.
7.
Related party transactions
The company was under the control of
Mr J.A. Garnham
throughout the current and previous year. Mr Garnham is the managing director and owns 100% of the issued share capital. No transactions with related parties were undertaken such as are required to be disclosed under FRS 102.