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REGISTERED NUMBER: 08019059 (England and Wales)









Unaudited Financial Statements

for the Year Ended 31 October 2024

for

Dennys Brands Limited

Dennys Brands Limited (Registered number: 08019059)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Dennys Brands Limited

Company Information
for the Year Ended 31 October 2024







DIRECTORS: S P Blanchard
D N Green
P N Jubert
R L Jubert
C A Ramage
T Squire
J E Jubert





REGISTERED OFFICE: 128 Kingston Road
Leatherhead
Surrey
KT22 7PU





REGISTERED NUMBER: 08019059 (England and Wales)





ACCOUNTANTS: Bullimores LLP
Chartered Accountants
Old Printers Yard
156 South Street
Dorking
Surrey
RH4 2HF

Dennys Brands Limited (Registered number: 08019059)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Investments 5 2,359,853 2,359,853

CURRENT ASSETS
Cash at bank 100 100

CREDITORS
Amounts falling due within one year 6 1,970,766 2,042,852
NET CURRENT LIABILITIES (1,970,666 ) (2,042,752 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

389,187

317,101

CREDITORS
Amounts falling due after more than one year 7 - 24,191
NET ASSETS 389,187 292,910

CAPITAL AND RESERVES
Called up share capital 8 110 110
Retained earnings 389,077 292,800
389,187 292,910

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Dennys Brands Limited (Registered number: 08019059)

Balance Sheet - continued
31 October 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 Board of Directors and authorised for issue on 6 March 2025 and were signed on its behalf by:





P N Jubert - Director


Dennys Brands Limited (Registered number: 08019059)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Dennys Brands 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. 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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

Investments in subsidiaries
Investments in subsidiaries are measured at cost less accumulated impairment

Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related paries and investment in ordinary shares.

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.

Dennys Brands Limited (Registered number: 08019059)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 November 2023
and 31 October 2024 2,359,853
NET BOOK VALUE
At 31 October 2024 2,359,853
At 31 October 2023 2,359,853

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Other loans 180,357 257,447
Amounts owed to group undertakings 1,790,293 1,764,561
Tax - 20,728
Other creditors 116 116
1,970,766 2,042,852

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.24 31.10.23
£    £   
Other loans over 1 year - 24,191

8. CALLED UP SHARE CAPITAL

31.10.24 31.10.23
£ £
Allotted, called up and fully paid

550 (2022 - 550) Ordinary A shares of £0.1 each 55 55
265 (2022 - 260) Ordinary B shares of £0.1 each 27 26
160 (2022 - 160) Ordinary C shares of £0.1 each 16 16
120 (2022 - 120) Ordinary D shares of £0.1 each 12 12
110 109

On 29 April 2024 five Ordinary B shares of £0.1 were allotted at par.

Dennys Brands Limited (Registered number: 08019059)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

9. CONTINGENT LIABILITIES

The company has given Lloyds Bank PLC an unlimited debenture and a cross guarantee in favour of its subsidiary Dennys Uniforms Ltd

10. RELATED PARTY DISCLOSURES

At 31 October 2024 the company owed £76,528 (2023: £113,236) to P N Jubert, a director of the company in the form of zero coupon loan notes with the loan being payable on an ad hoc basis.

At 31 October 2024 the company owed £79,634 (2023: £117,818) in the form of zero coupon loan notes held by directors, C A Ramage and J Jubert in equal parts. The loan notes are payable on an ad hoc basis.

At 31 October 2024 the company owed £24,192 (2023: £50,583) to D N Green, a director, in the form of an interest free loan note repayable equally over 5 years.

At 31 October 2024 the amount owed to Dennys Uniforms Limited, a subsidiary, amounted to £1,790,293 (2023: £1,764,561) This is an interest free loan, with no fixed repayment terms.

11. ULTIMATE CONTROLLING PARTY

The controlling party is P N Jubert.

12. BASIS OF PREPARATION

At 31 October 2024 the company had net current liabilities of £1,970,666 (2023: £2,042,752) and net assets of £389,187 (2023: £292,910). The directors have considered the support made available by the company's creditors for the twelve month period from the date the financial statements are approved and consider the going concern basis to be appropriate. The financial statements have therefore been prepared on the going concern basis.