REGISTERED NUMBER: 09726425 (England and Wales)

Financial Statements for the Year Ended 31 August 2024

for

Deanfield Property Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr AP Townson

SECRETARY:

REGISTERED OFFICE:

366 Holcombe Road

Greenmount

Bury

Lancashire

BL8 4DT

REGISTERED NUMBER:

09726425 (England and Wales)

ACCOUNTANTS:

Stephen Round Limited

Chartered Certified Accountants

366 Holcombe Road

Greenmount

Bury

Lancashire

BL8 4DT

FIXED ASSETS

Tangible assets

4

394,055

397,384

CURRENT ASSETS

Debtors

5

11,268

21,300

Cash at bank and in hand

6,901

1

18,169

21,301

CREDITORS

Amounts falling due within one year

6

181,239

132,238

NET CURRENT LIABILITIES

(163,070

)

(110,937

)

TOTAL ASSETS LESS CURRENT LIABILITIES

230,985

286,447

CREDITORS

Amounts falling due after more than one year

7

199,258

222,778

NET ASSETS

31,727

63,669

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

31,726

63,668

SHAREHOLDERS' FUNDS

31,727

63,669

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

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

The director acknowledges his 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.

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 director and authorised for issue on 5 May 2025 and were signed by:

Mr AP Townson - Director

1.	STATUTORY INFORMATION

Deanfield Property 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

2% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 September 2023

365,000

44,093

409,093

Additions

-

1,200

1,200

At 31 August 2024

365,000

45,293

410,293

DEPRECIATION

At 1 September 2023

7,300

4,409

11,709

Charge for year

-

4,529

4,529

At 31 August 2024

7,300

8,938

16,238

NET BOOK VALUE

At 31 August 2024

357,700

36,355

394,055

At 31 August 2023

357,700

39,684

397,384

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.24

31.8.23

£

£

Trade debtors

9,708

21,300

Other debtors

1,560

-

11,268

21,300

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.24

31.8.23

£

£

Bank loans and overdrafts

9,932

19,700

Hire purchase contracts

24,259

27,646

Trade creditors

2,518

-

Taxation and social security

-

2,271

Other creditors

144,530

82,621

181,239

132,238

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.24

31.8.23

£

£

Bank loans

199,258

222,778