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REGISTERED NUMBER: 06759951 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

M R DEBENHAM LIMITED

M R DEBENHAM LIMITED (REGISTERED NUMBER: 06759951)

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










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


M R DEBENHAM LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mr M Debenham
Ms J Carter





SECRETARY: Ms J R Carter





REGISTERED OFFICE: Exchange House
St Cross Lane
Newport
Isle of Wight
PO30 5BZ





REGISTERED NUMBER: 06759951 (England and Wales)





ACCOUNTANTS: Garbetts (IOW) Limited
Exchange House
St Cross Lane
Newport
Isle of Wight
PO30 5BZ

M R DEBENHAM LIMITED (REGISTERED NUMBER: 06759951)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 311,469 73,504

CURRENT ASSETS
Debtors 5 258,429 151,287
Cash at bank and in hand 651,363 654,186
909,792 805,473
CREDITORS
Amounts falling due within one year 6 146,325 65,195
NET CURRENT ASSETS 763,467 740,278
TOTAL ASSETS LESS CURRENT LIABILITIES 1,074,936 813,782

PROVISIONS FOR LIABILITIES 17,657 18,376
NET ASSETS 1,057,279 795,406

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,057,179 795,306
SHAREHOLDERS' FUNDS 1,057,279 795,406

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.

M R DEBENHAM LIMITED (REGISTERED NUMBER: 06759951)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 November 2024 and were signed on its behalf by:





Mr M Debenham - Director


M R DEBENHAM LIMITED (REGISTERED NUMBER: 06759951)

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


1. STATUTORY INFORMATION

M R Debenham Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 services, excluding value added tax.

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 etc - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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 3 (2023 - 3 ) .

M R DEBENHAM LIMITED (REGISTERED NUMBER: 06759951)

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


4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2023 - 359,321 359,321
Additions 240,842 20,665 261,507
At 31 March 2024 240,842 379,986 620,828
DEPRECIATION
At 1 April 2023 - 285,817 285,817
Charge for year - 23,542 23,542
At 31 March 2024 - 309,359 309,359
NET BOOK VALUE
At 31 March 2024 240,842 70,627 311,469
At 31 March 2023 - 73,504 73,504

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 239,080 128,758
Other debtors 19,349 22,529
258,429 151,287

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,874 1,889
Taxation and social security 139,738 60,375
Other creditors 4,713 2,931
146,325 65,195

M R DEBENHAM LIMITED (REGISTERED NUMBER: 06759951)

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


7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
Mr M Debenham
Balance outstanding at start of year (107 ) (92 )
Amounts advanced 254 4,495
Amounts repaid - (4,510 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 147 (107 )