Decami Ltd 30/11/2024 iXBRL

Company registration number: 10455897

Decami Ltd

Unaudited filleted financial statements

30 November 2024

Decami Ltd

Contents

Directors and other information

Accountants report

Statement of financial position

Notes to the financial statements

Decami Ltd

Directors and other information


	Directors	Mr J M Downes
		Mrs J E M Downes


	Company number	10455897


	Registered office	41 Aldwickbury Crescent
		Harpenden
		AL5 5SA


	Accountants	Hicks and Company
		Chartered Accountants
		Vaughan Chambers
		Vaughan Road
		Harpenden
		AL5 4EE

Decami Ltd

Chartered accountants report to the board of directors on the preparation of the

unaudited statutory financial statements of Decami Ltd

Year ended 30 November 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Decami Ltd for the year ended 30 November 2024 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.

This report is made solely to the board of directors of Decami Ltd, as a body, in accordance with the terms of our engagement letter dated 30 April 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Decami Ltd and state those matters that we have agreed to state to the board of directors of Decami Ltd as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Decami Ltd and its board of directors as a body for our work or for this report.

It is your duty to ensure that Decami Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Decami Ltd. You consider that Decami Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Decami Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Hicks and Company

Chartered Accountants

Vaughan Chambers

Vaughan Road

Harpenden

AL5 4EE

1 April 2025

Decami Ltd

Statement of financial position

30 November 2024

		2024		2023
	Note	£	£	£	£

Fixed assets
Tangible assets	5	1		1
		_______		_______
			1		1

Current assets
Debtors	6	15,300		4,050
Cash at bank and in hand		523,407		506,879
		_______		_______
		538,707		510,929
Creditors: amounts falling due
within one year	7	( 24,728)		( 45,775)
		_______		_______
Net current assets			513,979		465,154
			_______		_______
Total assets less current liabilities			513,980		465,155

			_______		_______
Net assets			513,980		465,155
			_______		_______

Capital and reserves
Called up share capital			1,000		1,000
Profit and loss account			512,980		464,155
			_______		_______
Shareholders funds			513,980		465,155
			_______		_______

For the year ending 30 November 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.

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.

These financial statements were approved by the board of directors and authorised for issue on 01 April 2025 , and are signed on behalf of the board by:

Mr J M Downes

Director

Company registration number: 10455897

Decami Ltd

Notes to the financial statements

Year ended 30 November 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 41 Aldwickbury Crescent, Harpenden, AL5 5SA.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and 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 measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, 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.

Tangible assets

tangible assets are initially recorded at cost, and are 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.

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:


Fittings fixtures and equipment	-	Straight line over three years

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

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.

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.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2023: 2 ).

5. Tangible assets

	Fixtures, fittings and equipment	Total
	£	£
Cost
At 1 December 2023 and 30 November 2024	1,036	1,036
	_______	_______
Depreciation
At 1 December 2023 and 30 November 2024	1,035	1,035
	_______	_______
Carrying amount
At 30 November 2024	1	1
	_______	_______
At 30 November 2023	1	1
	_______	_______

6. Debtors

	2024	2023
	£	£
Trade debtors	15,300	4,050
	_______	_______

7. Creditors: amounts falling due within one year

	2024	2023
	£	£
Corporation tax	12,502	28,880
Social security and other taxes	8,653	12,200
Other creditors	3,573	4,695
	_______	_______
	24,728	45,775
	_______	_______

8. Directors advances, credits and guarantees

	During the year the directors entered into the following advances and credits with the company:

2024
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr J M Downes	( 2,019)	( 2,457)	2,019	( 2,457)
		_______	_______	_______	_______

2023
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr J M Downes	( 1,931)	( 2,019)	1,931	( 2,019)
		_______	_______	_______	_______