Deal 11 Limited 08819706 false 2023-07-01 2024-06-30 2024-06-30 The principal activity of the company is provision of marketing consultancy services. Digita Accounts Production Advanced 6.30.9574.0 true true 08819706 2023-07-01 2024-06-30 08819706 2024-06-30 08819706 core:CurrentFinancialInstruments 2024-06-30 08819706 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 08819706 bus:SmallEntities 2023-07-01 2024-06-30 08819706 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 08819706 bus:FilletedAccounts 2023-07-01 2024-06-30 08819706 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 08819706 bus:RegisteredOffice 2023-07-01 2024-06-30 08819706 bus:Director1 2023-07-01 2024-06-30 08819706 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 08819706 countries:EnglandWales 2023-07-01 2024-06-30 08819706 2022-07-01 2023-06-30 08819706 2023-06-30 08819706 core:CurrentFinancialInstruments 2023-06-30 08819706 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 iso4217:GBP xbrli:pure

Registration number: 08819706

Deal 11 Limited

Unaudited Financial Statements

for the Year Ended 30 June 2024

Brebners
Chartered Accountants
130 Shaftesbury Avenue
London
W1D 5AR

 

Deal 11 Limited

Contents

Company Information

1

Statement of Financial Position

2

Notes to the Unaudited Financial Statements

3 to 5

 

Deal 11 Limited

Company Information

Director

J A Hoyle

Registered office

130 Shaftesbury Avenue
2nd Floor
London
W1D 5EU

Accountants

Brebners
Chartered Accountants
130 Shaftesbury Avenue
London
W1D 5AR

 

Deal 11 Limited

Statement of Financial Position as at 30 June 2024

Note

2024

2023

Current assets

 

Debtors

4

3,160

60,569

Cash at bank and in hand

 

2,014,892

2,025,012

 

2,018,052

2,085,581

Creditors: Amounts falling due within one year

5

(2,013,686)

(2,067,699)

Net assets

 

4,366

17,882

Capital and reserves

 

Called up share capital

118

118

Retained earnings

4,248

17,764

Shareholders' funds

 

4,366

17,882

For the financial year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Statement of Income and Retained Earnings has been taken.

Approved and authorised by the director on 10 February 2025
 

.........................................

J A Hoyle

Director

Company registration number: 08819706

 

Deal 11 Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
130 Shaftesbury Avenue
2nd Floor
London
W1D 5EU

The principal activity of the company is that of the provision of marketing consultancy services.

2

Accounting policies

Statement of compliance

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' Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in Euros, which is the functional currency of the entity.

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Going concern

The company had net assets at 30 June 2024 of €4,366. The director has confirmed that the company has recourse to additional working capital, if required, in order to meet its obligations as they fall due.

After making enquiries, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the director continues to adopt the going concern basis in preparing the financial statements.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company's activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue from consultancy services over the period in which the services are provided based upon the contractual stage of completion,

 

Deal 11 Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholder is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company during the year, was 0 (2023 - 0).

4

Debtors

2024

2023

Other debtors

3,160

60,569

3,160

60,569

 

Deal 11 Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

5

Creditors

Creditors: amounts falling due within one year

2024

2023

Trade creditors

1,696,270

1,696,270

Accruals

317,416

371,429

2,013,686

2,067,699