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REGISTERED NUMBER: 11120294 (England and Wales)







Unaudited Financial Statements for the Year Ended 31 July 2024

for

Decerto Management Ltd

Decerto Management Ltd (Registered number: 11120294)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Decerto Management Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTOR: Mr M Jobson





REGISTERED OFFICE: Woodlands Grange
Woodlands Lane
Bradley Stoke
Bristol
United Kingdom
BS32 4JY





REGISTERED NUMBER: 11120294 (England and Wales)





ACCOUNTANTS: Dunkley's
Woodlands Grange
Woodlands Lane
Bradley Stoke
Bristol
United Kingdom
BS32 4JY

Decerto Management Ltd (Registered number: 11120294)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 213,496 226,443

CURRENT ASSETS
Debtors 5 17,196 18,035
Cash at bank 21,895 15,945
39,091 33,980
CREDITORS
Amounts falling due within one year 6 366,461 288,441
NET CURRENT LIABILITIES (327,370 ) (254,461 )
TOTAL ASSETS LESS CURRENT LIABILITIES (113,874 ) (28,018 )

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings (113,974 ) (28,118 )
SHAREHOLDERS' FUNDS (113,874 ) (28,018 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 9 June 2025 and were signed by:





Mr M Jobson - Director


Decerto Management Ltd (Registered number: 11120294)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Decerto Management Ltd 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.
Short leasehold - Straight line over the life of the lease
Yachts - Straight line over maximum of 18 years
Computer equipment - Straight line over 4 years

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at 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 NIL (2023 - NIL).

Decerto Management Ltd (Registered number: 11120294)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

4. TANGIBLE FIXED ASSETS
Short Computer
leasehold Yachts equipment Totals
£    £    £    £   
COST
At 1 August 2023 134,698 177,026 - 311,724
Additions - - 2,999 2,999
At 31 July 2024 134,698 177,026 2,999 314,723
DEPRECIATION
At 1 August 2023 33,675 51,606 - 85,281
Charge for year 5,612 9,834 500 15,946
At 31 July 2024 39,287 61,440 500 101,227
NET BOOK VALUE
At 31 July 2024 95,411 115,586 2,499 213,496
At 31 July 2023 101,023 125,420 - 226,443

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Other debtors 5,000 5,000
Tax - 872
VAT 9,205 9,375
Prepayments and accrued income 2,991 2,788
17,196 18,035

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade creditors 24,680 13,091
Amounts owed to group undertakings 270,038 272,888
Other creditors 333 111
Directors' current accounts 69,058 -
Accrued expenses 2,352 2,351
366,461 288,441

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.24 31.7.23
value: £    £   
100 Ordinary £1 100 100

8. RELATED PARTY DISCLOSURES

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.

Decerto Management Ltd (Registered number: 11120294)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

9. GOING CONCERN

At the year end the company had net liabilities. However, the director has confirmed that in their opinion the company will be able to meet its liabilities as they fall due for the foreseeable future (being a period not less than twelve months).

Consequently the company is considered to be a going concern.