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REGISTERED NUMBER: 06740570 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

DEB DISPOSABLES LIMITED

DEB DISPOSABLES LIMITED (REGISTERED NUMBER: 06740570)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Balance Sheet 1

Notes to the Financial Statements 3


DEB DISPOSABLES LIMITED (REGISTERED NUMBER: 06740570)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 425,573 484,936
Tangible assets 5 80,336 38,241
505,909 523,177

CURRENT ASSETS
Stocks 367,497 403,502
Debtors 6 542,462 744,469
Cash at bank 360,367 177,279
1,270,326 1,325,250
CREDITORS
Amounts falling due within one year 7 1,009,940 974,944
NET CURRENT ASSETS 260,386 350,306
TOTAL ASSETS LESS CURRENT
LIABILITIES

766,295

873,483

CREDITORS
Amounts falling due after more than one
year

8

(451,813

)

(599,487

)

PROVISIONS FOR LIABILITIES (19,942 ) (7,860 )
NET ASSETS 294,540 266,136

CAPITAL AND RESERVES
Called up share capital 10,002 10,002
Retained earnings 284,538 256,134
SHAREHOLDERS' FUNDS 294,540 266,136

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

DEB DISPOSABLES LIMITED (REGISTERED NUMBER: 06740570)

BALANCE SHEET - continued
31 MARCH 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 November 2024 and were signed on its behalf by:





J L Beattie - Director


DEB DISPOSABLES LIMITED (REGISTERED NUMBER: 06740570)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

DEB Disposables Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 06740570

Registered office: Praed Road
Trafford Park
Manchester
M17 1PQ

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax. Turnover is recognised when the goods are physically delivered to the customers.

Goodwill
Goodwill, being the amounts paid in connection with the acquisition of the business in 2009 and 2020, is being amortised evenly over its estimated useful life of twenty years.

Goodwill, being the amounts paid in connection with the acquisition of the business in 2023, is being amortised on a straight line basis at a rate of 6.5% per year.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 10% to 20% on reducing balance
Fixtures and fittings - 33% on cost
Motor vehicles - 20% to 25% reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

DEB DISPOSABLES LIMITED (REGISTERED NUMBER: 06740570)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


2. ACCOUNTING POLICIES - continued

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2023 - 11 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 1,118,376 3 1,118,379
AMORTISATION
At 1 April 2023 633,443 - 633,443
Charge for year 59,363 - 59,363
At 31 March 2024 692,806 - 692,806
NET BOOK VALUE
At 31 March 2024 425,570 3 425,573
At 31 March 2023 484,933 3 484,936

DEB DISPOSABLES LIMITED (REGISTERED NUMBER: 06740570)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2023 53,999 1,289 61,812 22,100 139,200
Additions - 2,863 50,928 2,931 56,722
Disposals (4,997 ) - - - (4,997 )
At 31 March 2024 49,002 4,152 112,740 25,031 190,925
DEPRECIATION
At 1 April 2023 36,839 1,289 40,731 22,100 100,959
Charge for year 1,850 753 6,862 290 9,755
Eliminated on disposal (125 ) - - - (125 )
At 31 March 2024 38,564 2,042 47,593 22,390 110,589
NET BOOK VALUE
At 31 March 2024 10,438 2,110 65,147 2,641 80,336
At 31 March 2023 17,160 - 21,081 - 38,241

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 533,891 735,885
Other debtors 8,571 8,584
542,462 744,469

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,213 9,957
Trade creditors 620,672 720,953
Taxation and social security 82,618 64,036
Other creditors 296,437 179,998
1,009,940 974,944

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 12,237 22,450
Other creditors 439,576 577,037
451,813 599,487