Company Registration No. 3089964 (England and Wales)
Denman Instrumentation Limited
Unaudited accounts
for the year ended 29 February 2024
Denman Instrumentation Limited
Unaudited accounts
Contents
Denman Instrumentation Limited
Company Information
for the year ended 29 February 2024
Directors
Mr P Denman
Mrs S Denman
Company Number
3089964 (England and Wales)
Registered Office
247B Boothferry Road
Hessle
Hull
HU13 0NG
Accountants
Woolley & Co - Accountants and Chartered Tax Advisors
Crown House, York Road
Shiptonthorpe
York
East Yorkshire
YO43 3PF
Denman Instrumentation Limited
Statement of financial position
as at 29 February 2024
Tangible assets
46,478
2,073
Cash at bank and in hand
159,189
24,259
Creditors: amounts falling due within one year
(774,970)
(508,256)
Net current assets
248,868
169,261
Total assets less current liabilities
295,346
171,334
Creditors: amounts falling due after more than one year
(69,796)
(91,369)
Provisions for liabilities
Deferred tax
(11,620)
(394)
Called up share capital
100
100
Profit and loss account
213,830
79,471
Shareholders' funds
213,930
79,571
For the year ending 29 February 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 directors acknowledge their 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 of Directors and authorised for issue on 29 November 2024 and were signed on its behalf by
Mr P Denman
Director
Company Registration No. 3089964
Denman Instrumentation Limited
Notes to the Accounts
for the year ended 29 February 2024
Denman Instrumentation Limited is a private company, limited by shares, registered in England and Wales, registration number 3089964. The registered office is 247B Boothferry Road, Hessle, Hull, HU13 0NG.
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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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:
Land & buildings
10 years straight line
Plant & machinery
20% on a reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Denman Instrumentation Limited
Notes to the Accounts
for the year ended 29 February 2024
4
Intangible fixed assets
Goodwill
Other
Total
At 1 March 2023
95,000
1,950
96,950
At 29 February 2024
95,000
1,950
96,950
At 1 March 2023
95,000
1,950
96,950
At 29 February 2024
95,000
1,950
96,950
5
Tangible fixed assets
Land & buildings
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2023
6,312
29,316
792
36,420
Additions
-
40,864
4,309
45,173
At 29 February 2024
6,312
70,180
5,101
81,593
At 1 March 2023
6,312
27,797
238
34,347
Charge for the year
-
304
464
768
At 29 February 2024
6,312
28,101
702
35,115
At 29 February 2024
-
42,079
4,399
46,478
At 28 February 2023
-
1,519
554
2,073
Amounts falling due within one year
Amounts due from group undertakings etc.
2,200
2,200
Accrued income and prepayments
2,593
-
Other debtors
378,784
651,058
Denman Instrumentation Limited
Notes to the Accounts
for the year ended 29 February 2024
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,000
10,000
Obligations under finance leases and hire purchase contracts
22,963
22,963
Trade creditors
340,667
12,980
Taxes and social security
122,581
126,493
Other creditors
155,991
608
8
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
36,615
54,769
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan
187,780
74,414
115,911
146,283
Loan
194,656
74,414
112,338
156,732
382,436
148,828
228,249
303,015
10
Average number of employees
During the year the average number of employees was 3 (2023: 3).