IRIS Accounts Production v25.1.4.42 08244998 Board of Directors 1.1.24 31.12.24 31.12.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh082449982023-12-31082449982024-12-31082449982024-01-012024-12-31082449982022-12-31082449982023-01-012023-12-31082449982023-12-3108244998ns15:EnglandWales2024-01-012024-12-3108244998ns14:PoundSterling2024-01-012024-12-3108244998ns10:Director12024-01-012024-12-3108244998ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3108244998ns10:SmallEntities2024-01-012024-12-3108244998ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3108244998ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3108244998ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3108244998ns10:FullAccounts2024-01-012024-12-3108244998ns10:Director22024-01-012024-12-3108244998ns10:RegisteredOffice2024-01-012024-12-3108244998ns5:CurrentFinancialInstruments2024-12-3108244998ns5:CurrentFinancialInstruments2023-12-3108244998ns5:Non-currentFinancialInstruments2024-12-3108244998ns5:Non-currentFinancialInstruments2023-12-3108244998ns5:ShareCapital2024-12-3108244998ns5:ShareCapital2023-12-3108244998ns5:RetainedEarningsAccumulatedLosses2024-12-3108244998ns5:RetainedEarningsAccumulatedLosses2023-12-3108244998ns5:PlantMachinery2024-01-012024-12-3108244998ns5:PlantMachinery2023-12-3108244998ns5:PlantMachinery2024-12-3108244998ns5:PlantMachinery2023-12-3108244998ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-12-3108244998ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-01-012024-12-3108244998ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-12-3108244998ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-12-3108244998ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3108244998ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-31
REGISTERED NUMBER: 08244998 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Demeva Refrigeration Limited

Demeva Refrigeration Limited (Registered number: 08244998)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Demeva Refrigeration Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: D Rawling
M Bruce





REGISTERED OFFICE: 93b, Stephensons Way
Formby Business Park
Formby
Merseyside
L37 8DL





REGISTERED NUMBER: 08244998 (England and Wales)





ACCOUNTANTS: Kirkwood Wilson Limited
2a Swordfish Business Park
Swordfish Close
Higgins Lane
Burscough
Lancashire
L40 8JW

Demeva Refrigeration Limited (Registered number: 08244998)

Statement of Financial Position
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 119,780 122,531

CURRENT ASSETS
Stocks 51,114 48,278
Debtors 5 374,860 430,112
Cash at bank 1,060,788 1,194,107
1,486,762 1,672,497
CREDITORS
Amounts falling due within one year 6 668,608 894,813
NET CURRENT ASSETS 818,154 777,684
TOTAL ASSETS LESS CURRENT LIABILITIES 937,934 900,215

CREDITORS
Amounts falling due after more than one year 7 (94,532 ) (132,383 )

PROVISIONS FOR LIABILITIES (28,524 ) (28,524 )
NET ASSETS 814,878 739,308

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 814,778 739,208
SHAREHOLDERS' FUNDS 814,878 739,308

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 9 July 2025 and were signed on its behalf by:





M Bruce - Director


Demeva Refrigeration Limited (Registered number: 08244998)

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

1. STATUTORY INFORMATION

Demeva Refrigeration 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on cost, 25% on cost, 15% on cost and 10% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2023 - 30 ) .

Demeva Refrigeration Limited (Registered number: 08244998)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 433,627
Additions 57,291
Disposals (4,412 )
At 31 December 2024 486,506
DEPRECIATION
At 1 January 2024 311,096
Charge for year 60,042
Eliminated on disposal (4,412 )
At 31 December 2024 366,726
NET BOOK VALUE
At 31 December 2024 119,780
At 31 December 2023 122,531

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 January 2024 177,880
Additions 57,291
Transfer to ownership (83,500 )
At 31 December 2024 151,671
DEPRECIATION
At 1 January 2024 80,064
Charge for year 25,649
Transfer to ownership (53,970 )
At 31 December 2024 51,743
NET BOOK VALUE
At 31 December 2024 99,928
At 31 December 2023 97,816

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 198,972 256,901
Other debtors 175,888 173,211
374,860 430,112

Demeva Refrigeration Limited (Registered number: 08244998)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Hire purchase contracts 38,233 18,875
Trade creditors 77,281 146,158
Amounts owed to group undertakings 200,000 4,000
Taxation and social security 90,668 262,682
Other creditors 262,426 463,098
668,608 894,813

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.24 31.12.23
£    £   
Hire purchase contracts 49,604 34,605
Other creditors 44,928 97,778
94,532 132,383

8. OTHER FINANCIAL COMMITMENTS

The company has future operating lease commitments of £31,032 due not later than one year and £34,206
due later than one year but not later than 5 years.

9. ULTIMATE CONTROLLING PARTY

The controlling party is Demeva Group Limited.