REGISTERED NUMBER: |
Financial Statements for the Period 1 November 2023 to 30 June 2024 |
for |
Deepdale Trees Holdings Ltd |
REGISTERED NUMBER: |
Financial Statements for the Period 1 November 2023 to 30 June 2024 |
for |
Deepdale Trees Holdings Ltd |
Deepdale Trees Holdings Ltd (Registered number: 13059333) |
Contents of the Financial Statements |
for the Period 1 November 2023 to 30 June 2024 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Deepdale Trees Holdings Ltd |
Company Information |
for the Period 1 November 2023 to 30 June 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
AUDITORS: |
Chartered Accountants |
Statutory Auditor |
Brigham House |
High Street |
Biggleswade |
Bedfordshire |
SG18 0LD |
Deepdale Trees Holdings Ltd (Registered number: 13059333) |
Abridged Balance Sheet |
30 June 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investments | 5 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
6 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 7 |
Retained earnings |
SHAREHOLDERS' FUNDS |
The financial statements were approved by the Board of Directors and authorised for issue on |
Deepdale Trees Holdings Ltd (Registered number: 13059333) |
Notes to the Financial Statements |
for the Period 1 November 2023 to 30 June 2024 |
1. | STATUTORY INFORMATION |
Deepdale Trees Holdings Ltd is a |
The company has shortened its reporting period to align it with that of the holding company. The current eight month period ended 30 June 2024 is not directly comparable with the prior year. |
2. | STATEMENT OF COMPLIANCE |
3. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Preparation of consolidated financial statements |
The financial statements contain information about Deepdale Trees Holdings Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements. |
Related party exemption |
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows: |
When the outcome of a transaction can be estimated reliably, turnover from the provision of management services is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to proportion of the full service provided to date. |
Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable. |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
Financial instruments |
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares. |
Taxation |
Taxation for the period 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. |
Deepdale Trees Holdings Ltd (Registered number: 13059333) |
Notes to the Financial Statements - continued |
for the Period 1 November 2023 to 30 June 2024 |
3. | ACCOUNTING POLICIES - continued |
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 period 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. |
Debtors |
Short term debtors are measured at transaction price, less any impairment. |
Creditors |
Short term creditors are measured at the transaction price. |
4. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
5. | FIXED ASSET INVESTMENTS |
Information on investments other than loans is as follows: |
Totals |
£ |
COST |
At 1 November 2023 | 6,397,890 |
Impairments | (21,496 | ) |
At 30 June 2024 | 6,376,394 |
NET BOOK VALUE |
At 30 June 2024 | 6,376,394 |
At 31 October 2023 | 6,397,890 |
The company's investments at the Balance Sheet date in the share capital of companies include the following: |
Registered office: United Kingdom |
Nature of business: |
% |
Class of shares: | holding |
2024 | 2023 |
£ | £ |
Aggregate capital and reserves |
Profit for the period/year |
Deepdale Trees Holdings Ltd (Registered number: 13059333) |
Notes to the Financial Statements - continued |
for the Period 1 November 2023 to 30 June 2024 |
5. | FIXED ASSET INVESTMENTS - continued |
Registered office: Germany |
Nature of business: |
% |
Class of shares: | holding |
£ | £ |
Aggregate capital and reserves | ( |
) | ( |
) |
Loss for the year | ( |
) | ( |
) |
6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS |
2024 | 2023 |
£ | £ |
Repayable by instalments |
Bank loans more than 5 years |
by instalments | 928,220 | 942,310 |
928,220 | 942,310 |
7. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2024 | 2023 |
value: | £ | £ |
Ordinary | £1 | 160,000 | 160,000 |
8. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
The Report of the Auditors was unqualified. |
The prior period financial statements were not audited. |
for and on behalf of |
9. | OTHER FINANCIAL COMMITMENTS |
At the year end the company had financial commitments of £31,174 being rental vehicle leases, |
10. | ULTIMATE CONTROLLING PARTY |
The controlling party is Mr J F Smits. |
The parent company is Beheermaatschappij Johan Smits B.V. a company registered in the Netherlands. |