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Company Registration No. 09254627 (England and Wales)
DEGEL LIMITED Unaudited accounts for the year ended 31 October 2024
DEGEL LIMITED Unaudited accounts Contents
Page
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DEGEL LIMITED Company Information for the year ended 31 October 2024
Director
David Lubelsky
Company Number
09254627 (England and Wales)
Registered Office
75 FAIRHOLT ROAD LONDON N16 5EW
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DEGEL LIMITED Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
290,000 
290,000 
Current assets
Debtors
685 
- 
Cash at bank and in hand
7,174 
30,459 
7,859 
30,459 
Creditors: amounts falling due within one year
(157,879)
(180,217)
Net current liabilities
(150,020)
(149,758)
Total assets less current liabilities
139,980 
140,242 
Provisions for liabilities
Deferred tax
(24,655)
(24,655)
Net assets
115,325 
115,587 
Capital and reserves
Called up share capital
10 
10 
Revaluation reserve
50,000 
50,000 
Fair value reserve
54,037 
54,037 
Profit and loss account
11,278 
11,540 
Shareholders' funds
115,325 
115,587 
For the year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 9 July 2025 and were signed on its behalf by
David Lubelsky Director Company Registration No. 09254627
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DEGEL LIMITED Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
DEGEL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09254627. The registered office is 75 FAIRHOLT ROAD, LONDON, N16 5EW.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Investment property
2024 
£ 
Fair value at 1 November 2023
290,000 
At 31 October 2024
290,000 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
685 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
1,600 
1,600 
Taxes and social security
957 
3,295 
Other creditors
154,722 
174,722 
Accruals
600 
600 
157,879 
180,217 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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