IRIS Accounts Production v24.3.0.553 07847551 director 1.12.23 30.11.24 30.11.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh078475512023-11-30078475512024-11-30078475512023-12-012024-11-30078475512022-11-30078475512022-12-012023-11-30078475512023-11-3007847551ns15:EnglandWales2023-12-012024-11-3007847551ns14:PoundSterling2023-12-012024-11-3007847551ns10:Director12023-12-012024-11-3007847551ns10:PrivateLimitedCompanyLtd2023-12-012024-11-3007847551ns10:SmallEntities2023-12-012024-11-3007847551ns10:AuditExemptWithAccountantsReport2023-12-012024-11-3007847551ns10:SmallCompaniesRegimeForDirectorsReport2023-12-012024-11-3007847551ns10:SmallCompaniesRegimeForAccounts2023-12-012024-11-3007847551ns10:FullAccounts2023-12-012024-11-3007847551ns10:Director22023-12-012024-11-3007847551ns10:CompanySecretary12023-12-012024-11-3007847551ns10:RegisteredOffice2023-12-012024-11-3007847551ns5:CurrentFinancialInstruments2024-11-3007847551ns5:CurrentFinancialInstruments2023-11-3007847551ns5:Non-currentFinancialInstruments2024-11-3007847551ns5:Non-currentFinancialInstruments2023-11-3007847551ns5:ShareCapital2024-11-3007847551ns5:ShareCapital2023-11-3007847551ns5:RetainedEarningsAccumulatedLosses2024-11-3007847551ns5:RetainedEarningsAccumulatedLosses2023-11-3007847551ns5:PlantMachinery2023-12-012024-11-3007847551ns5:PlantMachinery2023-11-3007847551ns5:PlantMachinery2024-11-3007847551ns5:PlantMachinery2023-11-3007847551ns5:WithinOneYearns5:CurrentFinancialInstruments2024-11-3007847551ns5:WithinOneYearns5:CurrentFinancialInstruments2023-11-3007847551ns5:RetainedEarningsAccumulatedLosses2023-11-3007847551ns5:RetainedEarningsAccumulatedLosses2023-12-012024-11-30
REGISTERED NUMBER: 07847551 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

DEASY MANAGEMENT LIMITED

DEASY MANAGEMENT LIMITED (REGISTERED NUMBER: 07847551)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024




Page

Company information 1

Balance sheet 2

Notes to the financial statements 4

Report of the accountants 7

DEASY MANAGEMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024







Director: M Deasy





Secretary:





Registered office: 8 Marston Road
Thame
Oxfordshire
OX9 3YF





Registered number: 07847551 (England and Wales)





Accountants: S S KHEHAR ACCOUNTANCY SERVICES LIMITED
Wrens
Manor Road
Maidenhead
Berkshire
SL6 2QG

DEASY MANAGEMENT LIMITED (REGISTERED NUMBER: 07847551)

BALANCE SHEET
30 NOVEMBER 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 4 80,219 71,483

Current assets
Stocks - 1,640
Debtors 5 176,410 45,975
Cash at bank 90,787 471,719
267,197 519,334
Creditors
Amounts falling due within one year 6 115,015 172,350
Net current assets 152,182 346,984
Total assets less current liabilities 232,401 418,467

Creditors
Amounts falling due after more than
one year

7

-

579
Net assets 232,401 417,888

Capital and reserves
Called up share capital 35 100
Retained earnings 8 232,366 417,788
Shareholders' funds 232,401 417,888

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

DEASY MANAGEMENT LIMITED (REGISTERED NUMBER: 07847551)

BALANCE SHEET - continued
30 NOVEMBER 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 director and authorised for issue on 19 December 2024 and were signed by:





T Deasy - Director


DEASY MANAGEMENT LIMITED (REGISTERED NUMBER: 07847551)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1. Statutory information

DEASY MANAGEMENT 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

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 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

DEASY MANAGEMENT LIMITED (REGISTERED NUMBER: 07847551)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

2. Accounting policies - continued

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 - 4 ) .

4. Tangible fixed assets
Plant and
machinery
etc
£   
Cost
At 1 December 2023 158,699
Additions 50,636
Disposals (26,950 )
At 30 November 2024 182,385
Depreciation
At 1 December 2023 87,216
Charge for year 26,740
Eliminated on disposal (11,790 )
At 30 November 2024 102,166
Net book value
At 30 November 2024 80,219
At 30 November 2023 71,483

5. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 176,410 45,975

6. Creditors: amounts falling due within one year
2024 2023
£    £   
Bank loans and overdrafts - 19,546
Trade creditors 17,000 47,094
Taxation and social security 78,052 104,080
Other creditors 19,963 1,630
115,015 172,350

DEASY MANAGEMENT LIMITED (REGISTERED NUMBER: 07847551)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

7. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Hire purchase contracts - 579

8. Reserves
Retained
earnings
£   

At 1 December 2023 417,788
Profit for the year 174,578
Dividends (35,000 )
Purchase of own shares (325,000 )
At 30 November 2024 232,366

DEASY MANAGEMENT LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
DEASY MANAGEMENT LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance sheet. Readers are cautioned that the Income statement and certain other primary statements and the Report of the director are not required to be filed with the Registrar of Companies.

As described on the Balance sheet you are responsible for the preparation of the financial statements for the year ended 30 November 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






S S KHEHAR ACCOUNTANCY SERVICES LIMITED
Wrens
Manor Road
Maidenhead
Berkshire
SL6 2QG


19 December 2024