2 2 Denzal Holding Ltd 10332723 false 2023-09-01 2024-08-31 2024-08-31 The principal activity of the company is that of activities from financial services holding companies. Digita Accounts Production Advanced 6.30.9574.0 true 10332723 2023-09-01 2024-08-31 10332723 2024-08-31 10332723 bus:Director1 1 2024-08-31 10332723 core:CurrentFinancialInstruments 2024-08-31 10332723 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-31 10332723 core:Non-currentFinancialInstruments 2024-08-31 10332723 core:Non-currentFinancialInstruments core:AfterOneYear 2024-08-31 10332723 core:FurnitureFittingsToolsEquipment 2024-08-31 10332723 bus:SmallEntities 2023-09-01 2024-08-31 10332723 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 10332723 bus:FilletedAccounts 2023-09-01 2024-08-31 10332723 bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 10332723 bus:RegisteredOffice 2023-09-01 2024-08-31 10332723 bus:Director1 2023-09-01 2024-08-31 10332723 bus:Director1 1 2023-09-01 2024-08-31 10332723 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 10332723 bus:Agent1 2023-09-01 2024-08-31 10332723 core:FurnitureFittings 2023-09-01 2024-08-31 10332723 core:FurnitureFittingsToolsEquipment 2023-09-01 2024-08-31 10332723 core:OfficeEquipment 2023-09-01 2024-08-31 10332723 countries:AllCountries 2023-09-01 2024-08-31 10332723 2023-08-31 10332723 bus:Director1 1 2023-08-31 10332723 core:FurnitureFittingsToolsEquipment 2023-08-31 10332723 2022-09-01 2023-08-31 10332723 2023-08-31 10332723 bus:Director1 1 2023-08-31 10332723 core:CurrentFinancialInstruments 2023-08-31 10332723 core:CurrentFinancialInstruments core:WithinOneYear 2023-08-31 10332723 core:Non-currentFinancialInstruments 2023-08-31 10332723 core:Non-currentFinancialInstruments core:AfterOneYear 2023-08-31 10332723 core:FurnitureFittingsToolsEquipment 2023-08-31 10332723 bus:Director1 1 2022-09-01 2023-08-31 10332723 bus:Director1 1 2022-08-31 xbrli:pure iso4217:GBP

Registration number: 10332723

Denzal Holding Ltd

Report of the Directors and Unaudited Financial Statements

for the Year Ended 31 August 2024

 

Denzal Holding Ltd

Contents of The Financial Statements
for the Year Ended 31 August 2024

 

Company Information

1

Accountants' Report

2

Balance Sheet

3 to 4

Notes to the Unaudited Financial Statements

5 to 10

 

Denzal Holding Ltd

Company Information
for the Year Ended 31 August 2024

Director

Mr Paul Michael Delaney

Registered office

10 Towerfield Road
Shoeburyness
Essex
SS3 9QE

Accountants

Insight Strategic Associates
Chartered Certified Accountants10 Towerfield Road
Shoeburyness
Essex
SS3 9QE

 

Chartered Certified Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Denzal Holding Ltd
for the Year Ended 31 August 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 Denzal Holding Ltd for the year ended 31 August 2024 as set out on pages 3 to 10 from the company's accounting records and from information and explanations you have given us.
 

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://www.accaglobal.com/gb/en/discover/public-value/rulebook.html.
 

This report is made solely to the Board of Directors of Denzal Holding Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Denzal Holding Ltd and state those matters that we have agreed to state to the Board of Directors of Denzal Holding Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/
technical-activities/technical-resources-search/2009/october/factsheet-163-audit-exempt
-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Denzal Holding Ltd and its Board of Directors as a body for our work or for this report.
 

It is your duty to ensure that Denzal Holding Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Denzal Holding Ltd. You consider that Denzal Holding 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 accounts of Denzal Holding 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 accounts.

......................................

Insight Strategic Associates
Chartered Certified Accountants

10 Towerfield Road
Shoeburyness
Essex
SS3 9QE

19 May 2025

 

Denzal Holding Ltd

(Registration number: 10332723 )
Balance Sheet as at 31 August 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

1,317

1,744

Current assets

 

Debtors

5

55,910

40,000

Cash at bank and in hand

 

2,420

38,215

 

58,330

78,215

Creditors: Amounts falling due within one year

6

(28,845)

(34,299)

Net current assets

 

29,485

43,916

Total assets less current liabilities

 

30,802

45,660

Creditors: Amounts falling due after more than one year

6

(30,524)

(30,461)

Provisions for liabilities

(250)

(436)

Net assets

 

28

14,763

Capital and reserves

 

Called up share capital

3

3

Retained earnings

25

14,760

Shareholders' funds

 

28

14,763

For the financial year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 19 May 2025
 

 

Denzal Holding Ltd

(Registration number: 10332723 )
Balance Sheet as at 31 August 2024

.........................................
Mr Paul Michael Delaney
Director

 

Denzal Holding Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
10 Towerfield Road
Shoeburyness
Essex
SS3 9QE
England

These financial statements were authorised for issue by the director on 19 May 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

Denzal Holding Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

2

Accounting policies (continued)

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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 and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office Equipment

33% on cost

Fixtures and Fittings

20% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Denzal Holding Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

2

Accounting policies (continued)

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Denzal Holding Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

2

Accounting policies (continued)

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2023 - 2).

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 September 2023

6,055

6,055

At 31 August 2024

6,055

6,055

Depreciation

At 1 September 2023

4,311

4,311

Charge for the year

427

427

At 31 August 2024

4,738

4,738

Carrying amount

At 31 August 2024

1,317

1,317

At 31 August 2023

1,744

1,744

5

Debtors

Current

2024
£

2023
£

Other debtors

55,910

40,000

 

55,910

40,000

 

Denzal Holding Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

7

5,908

7,792

Taxation and social security

 

21,893

17,200

Accruals and deferred income

 

1,044

1,205

Other creditors

 

-

8,102

 

28,845

34,299

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

7

30,524

30,461

7

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Bank borrowings

30,524

30,461

Current loans and borrowings

2024
£

2023
£

Bank borrowings

5,908

7,792

 

Denzal Holding Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

8

Related party transactions

Transactions with the director

2024

At 1 September 2023
£

Advances to director
£

Repayments by director
£

At 31 August 2024
£

Mr Paul Michael Delaney

(8,103)

114,185

(50,369)

55,713

2023

At 1 September 2022
£

Advances to director
£

Repayments by director
£

At 31 August 2023
£

Mr Paul Michael Delaney

14,719

7,991

(30,813)

(8,103)