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Registered number: 14474892
Deysbrook Ltd
Unaudited ABRIDGED Financial Statements
For the Period 10 November 2022 to 29 February 2024
Alexander Myerson & Co Limited
Alexander House
61 Rodney Street
Liverpool
Merseyside
L1 9ER
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—5
Page 1
Abridged Balance Sheet
Registered number: 14474892
29 February 2024
Notes £ £
FIXED ASSETS
Intangible Assets 4 665,000
Tangible Assets 5 34,461
699,461
CURRENT ASSETS
Stocks 147,329
Debtors 210,311
Cash at bank and in hand 55,509
413,149
Creditors: Amounts Falling Due Within One Year (1,163,680 )
NET CURRENT ASSETS (LIABILITIES) (750,531 )
TOTAL ASSETS LESS CURRENT LIABILITIES (51,070 )
Creditors: Amounts Falling Due After More Than One Year (7,750 )
NET LIABILITIES (58,820 )
CAPITAL AND RESERVES
Called up share capital 7 1
Profit and Loss Account (58,821 )
SHAREHOLDERS' FUNDS (58,820)
Page 1
Page 2
For the period 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 29 February 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr P P Higgins
Director
29 November 2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Deysbrook Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14474892 . The registered office is 61 Rodney Street, Liverpool, Merseyside, L1 9ER.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 25% reducing balance
Fixtures & Fittings 15% reducing balance
Computer Equipment 33% reducing balance
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.6. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 11
11
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4. Intangible Assets
Total
£
Cost
As at 10 November 2022 -
Additions 700,000
As at 29 February 2024 700,000
Amortisation
As at 10 November 2022 -
Provided during the period 35,000
As at 29 February 2024 35,000
Net Book Value
As at 29 February 2024 665,000
As at 10 November 2022 -
5. Tangible Assets
Total
£
Cost
As at 10 November 2022 -
Additions 37,849
As at 29 February 2024 37,849
Depreciation
As at 10 November 2022 -
Provided during the period 3,388
As at 29 February 2024 3,388
Net Book Value
As at 29 February 2024 34,461
As at 10 November 2022 -
6. Obligations Under Finance Leases and Hire Purchase
29 February 2024
£
The future minimum finance lease payments are as follows:
Not later than one year 1,938
Later than one year and not later than five years 7,750
9,688
9,688
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7. Share Capital
29 February 2024
£
Allotted, Called up and fully paid 1
Page 5