5 false false false false false false false false false true true false false false false false true No description of principal activity 2023-07-01 Sage Accounts Production Advanced 2023 - FRS102_2023 8,052 162 1,611 1,773 6,279 7,890 xbrli:pure xbrli:shares iso4217:GBP 10865572 2023-07-01 2024-06-30 10865572 2024-06-30 10865572 2023-06-30 10865572 2022-07-01 2023-06-30 10865572 2023-06-30 10865572 2022-06-30 10865572 core:PlantMachinery 2023-07-01 2024-06-30 10865572 core:FurnitureFittings 2023-07-01 2024-06-30 10865572 bus:Director1 2023-07-01 2024-06-30 10865572 bus:Director2 2023-07-01 2024-06-30 10865572 core:PlantMachinery 2023-06-30 10865572 core:FurnitureFittings 2023-06-30 10865572 core:PlantMachinery 2024-06-30 10865572 core:FurnitureFittings 2024-06-30 10865572 core:WithinOneYear 2024-06-30 10865572 core:WithinOneYear 2023-06-30 10865572 core:AfterOneYear 2023-06-30 10865572 core:ShareCapital 2024-06-30 10865572 core:ShareCapital 2023-06-30 10865572 core:RetainedEarningsAccumulatedLosses 2024-06-30 10865572 core:RetainedEarningsAccumulatedLosses 2023-06-30 10865572 core:PlantMachinery 2023-06-30 10865572 core:FurnitureFittings 2023-06-30 10865572 bus:SmallEntities 2023-07-01 2024-06-30 10865572 bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 10865572 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 10865572 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 10865572 bus:FullAccounts 2023-07-01 2024-06-30 10865572 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-07-01 2024-06-30 10865572 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-06-30 10865572 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-06-30 10865572 1 2023-07-01 2024-06-30
COMPANY REGISTRATION NUMBER: 10865572
DECKERHIE LIMITED
Filleted Unaudited Financial Statements
30 June 2024
DECKERHIE LIMITED
Statement of Financial Position
30 June 2024
2024
2023
Note
£
£
Fixed assets
Intangible assets
5
6,279
7,890
Tangible assets
6
231,099
161,281
---------
---------
237,378
169,171
Current assets
Stocks
28,132
47,659
Debtors
7
34,420
24,891
Cash at bank and in hand
299,714
77,297
---------
---------
362,266
149,847
Creditors: amounts falling due within one year
8
348,221
161,770
---------
---------
Net current assets/(liabilities)
14,045
( 11,923)
---------
---------
Total assets less current liabilities
251,423
157,248
Creditors: amounts falling due after more than one year
9
12,077
---------
---------
Net assets
251,423
145,171
---------
---------
Capital and reserves
Called up share capital
100
100
Profit and loss account
251,323
145,071
---------
---------
Shareholders funds
251,423
145,171
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the 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.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
DECKERHIE LIMITED
Statement of Financial Position (continued)
30 June 2024
These financial statements were approved by the board of directors and authorised for issue on 21 March 2025 , and are signed on behalf of the board by:
K Decker
S A Decker
Director
Director
Company registration number: 10865572
DECKERHIE LIMITED
Notes to the Financial Statements
Year ended 30 June 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is The Orthodontic Specialist, Red House Court, 5 Whielden Street, Old Amersham, HP7 0HT, England.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Intangible assets
Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Website development
-
20% straight line
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery
-
20% straight line
Fixtures and fittings
-
20% straight line
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Finance leases and hire purchase contracts
Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. Amounts not paid are shown as a creditor on the balance sheet. The assets of the scheme are held separately from the company in independently administered funds.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 5 (2023: 5 ).
5. Intangible assets
Website
£
Cost
At 1 July 2023 and 30 June 2024
8,052
-------
Amortisation
At 1 July 2023
162
Charge for the year
1,611
-------
At 30 June 2024
1,773
-------
Carrying amount
At 30 June 2024
6,279
-------
At 30 June 2023
7,890
-------
6. Tangible assets
Plant and machinery
Fixtures and fittings
Total
£
£
£
Cost
At 1 July 2023
104,424
164,377
268,801
Additions
102,962
39,490
142,452
---------
---------
---------
At 30 June 2024
207,386
203,867
411,253
---------
---------
---------
Depreciation
At 1 July 2023
41,770
65,750
107,520
Charge for the year
35,887
36,747
72,634
---------
---------
---------
At 30 June 2024
77,657
102,497
180,154
---------
---------
---------
Carrying amount
At 30 June 2024
129,729
101,370
231,099
---------
---------
---------
At 30 June 2023
62,654
98,627
161,281
---------
---------
---------
7. Debtors
2024
2023
£
£
Trade debtors
34,420
16,564
Other debtors
8,327
--------
--------
34,420
24,891
--------
--------
8. Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
13,178
19,216
Amounts owed to group undertakings and undertakings in which the company has a participating interest
68,048
33,423
Corporation tax
104,489
51,897
Social security and other taxes
2,844
3,644
Other creditors
159,662
53,590
---------
---------
348,221
161,770
---------
---------
9. Creditors: amounts falling due after more than one year
2024
2023
£
£
Other creditors
12,077
----
--------
10. Directors' advances, credits and guarantees
No transactions took place during the year.
11. Controlling party
The company was under the control of its directors throughout the year.