Company Registration No. 01533860 (England and Wales)
Deaconguard Limited
Unaudited accounts
for the period from 1 March 2023 to 31 May 2024
Deaconguard Limited
Unaudited accounts
Contents
Deaconguard Limited
Company Information
for the period from 1 March 2023 to 31 May 2024
Company Number
01533860 (England and Wales)
Registered Office
Dewlands Estate, London Road
Stone
Dartford
Kent
DA2 6AS
Accountants
King & Taylor
123 Cross Lane East
Gravesend
Kent
DA12 5HA
Deaconguard Limited
Statement of financial position
as at 31 May 2024
Investment property
250,000
250,000
Cash at bank and in hand
-
1,394
Creditors: amounts falling due within one year
(2,821)
(4,152)
Net current liabilities
(488)
(2,758)
Total assets less current liabilities
249,512
248,174
Provisions for liabilities
Deferred tax
(33,210)
(33,210)
Net assets
216,302
214,964
Called up share capital
1,000
1,000
Profit and loss account
215,302
213,964
Shareholders' funds
216,302
214,964
For the period ending 31 May 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 director acknowledges his 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 and authorised for issue on 20 November 2024 and were signed on its behalf by
T Perrin
Director
Company Registration No. 01533860
Deaconguard Limited
Notes to the Accounts
for the period from 1 March 2023 to 31 May 2024
Deaconguard Limited is a private company, limited by shares, registered in England and Wales, registration number 01533860. The registered office is Dewlands Estate, London Road, Stone, Dartford, Kent, DA2 6AS.
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 period, 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.
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:
Computer equipment
20% straight line
Rental income is measured at the fair value of the consideration received or receivable, excluding discounts or rebates.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Deaconguard Limited
Notes to the Accounts
for the period from 1 March 2023 to 31 May 2024
4
Tangible fixed assets
Computer equipment
Fair value at 1 March 2023
250,000
The investment property was valued on an open market basis on 28 February 2017 by the directors and they are of the opinion that this is still a fair value.
Amounts falling due within one year
Amounts due from group undertakings etc.
2,333
-
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
2,341
829
Loans from directors
-
2,543
8
Average number of employees
During the period the average number of employees was 1 (2023: 1).