01 December 2023 30 November 2024 No principle activity is included 15279714 2023-12-01 15279714 2024-11-30 15279714 2023-12-01 2024-11-30 15279714 uk-core:WithinOneYear 2024-11-30 15279714 uk-core:AfterOneYear 2024-11-30 15279714 uk-core:ShareCapital 2024-11-30 15279714 uk-core:RetainedEarningsAccumulatedLosses 2024-11-30 15279714 uk-bus:Director1 2023-12-01 2024-11-30 15279714 uk-bus:RegisteredOffice 2023-12-01 2024-11-30 15279714 uk-curr:PoundSterling 2023-12-01 2024-11-30 15279714 uk-core:PlantMachinery 2023-12-01 2024-11-30 15279714 uk-core:Vehicles 2023-12-01 2024-11-30 15279714 uk-core:FurnitureFittings 2023-12-01 2024-11-30 15279714 uk-core:OfficeEquipment 2023-12-01 2024-11-30 15279714 uk-core:VehiclesPlantMachinery 2023-12-01 2024-11-30 15279714 uk-core:FurnitureFittingsToolsEquipment 2023-12-01 2024-11-30 15279714 uk-core:VehiclesPlantMachinery 2024-11-30 15279714 uk-core:FurnitureFittingsToolsEquipment 2024-11-30 15279714 uk-bus:FRS102 2023-12-01 2024-11-30 15279714 uk-bus:FullAccounts 2023-12-01 2024-11-30 15279714 uk-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 15279714 uk-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 iso4217:GBP xbrli:pure
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
  P DEMPSEY PLANT LIMITED
   
   
   
  UNAUDITED FINANCIAL STATEMENTS
   
   
  FOR THE YEAR ENDED 30 NOVEMBER 2024
   
   
   
   
   
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
  P DEMPSEY PLANT LIMITED
  FINANCIAL STATEMENTS
  FOR THE YEAR ENDED 30 NOVEMBER 2024
       
       
  DIRECTOR
       
  P Dempsey
       
       
  SECRETARY
       
  P Dempsey
       
  REGISTERED OFFICE
       
  18 Bramble Road
Luton
LU4 9LU
       
       
  COMPANY REGISTERED NUMBER
       
  15279714
       
       
  BANKERS
       
  The Co-operative Bank
       
       
  ACCOUNTANTS
       
  Haartwells Limited
  Chartered Certified Accountants
  25 Park Street West
Luton
LU1 3BE
       
  page 1
  P DEMPSEY PLANT LIMITED
  FINANCIAL STATEMENTS
  FOR THE YEAR ENDED 30 NOVEMBER 2024
       
       
       
  CONTENTS
       
  Pages
       
       
  3-4 Statement of Financial Position  
       
       
  5-8 Notes to the Financial Statements  
       
     
  page 2
  P DEMPSEY PLANT LIMITED
  Company registered number: 15279714
  STATEMENT OF FINANCIAL POSITION AT 30 November 2024
         
    Note 2024
      £ £
  FIXED ASSETS
  Property, plant and equipment 3 29,222
  CURRENT ASSETS    
  Cash at bank and in hand   19,484
      19,484
  CREDITORS: Amounts falling due within one year 4 10,656
  NET CURRENT ASSETS   8,828
  TOTAL ASSETS LESS CURRENT LIABILITIES   38,050
         
  CREDITORS: Amounts falling due after more than one year 5 (45,000)
  NET LIABILITIES   6,950)
       
  CAPITAL AND RESERVES
  Called up share capital   100
  Retained earnings   (7,050)
  SHAREHOLDERS' FUNDS   6,950)
       
  The notes on pages 5-8 form part of these financial statements
   
  page 3
  P DEMPSEY PLANT LIMITED
  Company registered number: 15279714
  STATEMENT OF FINANCIAL POSITION AT 30 November 2024 (CONT.)
         
    Note 2024
      £ £
       
       
  In approving these financial statements as director of the company I hereby confirm the following:
       
  For the year in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
       
  The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with section 476 of the Companies Act 2006.
       
  The directors acknowledge their responsibilities for: 1) ensuring that the company keeps accounting records which comply with Sections 386 and 386 of the Companies Act 2006, and 2) preparing financial statements that give a true and fair view of the state of affairs of the company at at the end of each financial year and of its profit or loss for the 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 the financial statements, so far as they are applicable to the company.
 
 
  These financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies
       
  In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
       
  The financial statements were approved and authorised for issue by the board of directors on 11 August 2025
 
  Signed on behalf of the board of directors
 
 
       
  Mr P Dempsey, Director
       
       
  The notes on pages 5-8 form part of these financial statements
   
  page 4
  P DEMPSEY PLANT LIMITED
  NOTES TO THE ACCOUNTS
  FOR THE YEAR ENDED 30 NOVEMBER 2024
     
 
1. SIGNIFICANT ACCOUNTING POLICIES
     
       
1a. Statement of compliance
       
  P Dempsey Plant Limited is a limited company incorporated in England and Wales.
       
  Registered office:
  18 Bramble Road
Luton
LU4 9LU
  These financial statements are the first financial statements that comply with FRS 102. The date of transition is 01 December 2023.
       
  The transition to FRS 102 has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in notes and below. 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" and the Companies Act 2006.
       
 
       
  Basis of accounting
       
 
  The financial statements have been prepared under the historical cost convention. The presentation currency is £ sterling.
       
1c. Revenue recognition
       
  Income is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
       
1d. Borrowing costs
       
  Borrowing costs directly attributable to the acquisition, construction or production of qualifying assets, which are assets that necessarily take a substantial period of time to get ready for their intended use or sale, are added to the cost of those assets, until such time as the assets are substantially ready for their intended use or sale. Investment income earned on the temporary investment of specific borrowings pending their expenditure on qualifying assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
       
 
       
1e. Taxation
       
       
  Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
  The notes on pages 5-8 form part of these financial statements
   
  page 5
  P DEMPSEY PLANT LIMITED
  NOTES TO THE ACCOUNTS (CONT.)
  FOR THE YEAR ENDED 30 NOVEMBER 2024
     
 
1. SIGNIFICANT ACCOUNTING POLICIES (CONT.)
       
1f. Property, plant and equipment
       
  Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.
       
  Plant and machinery Reducing balance 25%  
  Vehicles Reducing balance 25%  
  Fixtures and fittings Reducing balance 15%  
  Equipment Reducing balance 15%  
       
1g. Inventories
       
  Stocks are stated at the lower of cost and net realisable value. Cost includes all costs incurred in bringing each product to its present location and condition.
       
       
1h. Short term debtors and creditors
       
  Debtors and creditors receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in profit and loss.
       
       
1i. Cash and cash equivalents
       
  Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. For the purpose of statement of cash flows, bank overdrafts which are repayable on demand form an integral part of the Company's cash management are included as a component of cash and cash equivalents.
       
 
       
1j. Interest bearing borrowings
       
  All interest-bearing loans and borrowings which are basic financial instruments are initially recognised at the present value of cash payable to the bank (including interest). After initial recognition they are measured at amortised cost using the effective interest rate method, less impairment. Any difference between the amount initially recognised and redemption value is recognised in profit and loss together with any interest and fees payable.
       
       
1k. Leased assets
       
  Assets held under finance leases, which are leases where substantially all the risks and rewards of ownership of the asset have passed to the Company are capitalised in the balance sheet and are depreciated over the shorter of the lease term and the asset's useful life. A corresponding liability is recognised for the lower of the fair value of the leased asset and the present value of the minimum lease payments in the balance sheet. Lease payments are apportioned between the reduction of the lease liability and finance charges in the income statement so as to achieve a constant rate of interest on the remaining balance of the liability. Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term. Lease incentives are recognised over the lease term on a straight line basis.
       
 
       
  The notes on pages 5-8 form part of these financial statements
   
  page 6
  P DEMPSEY PLANT LIMITED
  NOTES TO THE ACCOUNTS (CONT.)
  FOR THE YEAR ENDED 30 NOVEMBER 2024
     
 
1. SIGNIFICANT ACCOUNTING POLICIES (CONT.)
       
1l. Employee benefits
       
  The obligations for contributions to defined contribution scheme are recognised as an expense as incurred. The assets of the scheme are held separately from those of the Company in an independent administered fund.
       
     
     
2. DIRECTORS AND EMPLOYEES
     
    2024
    No.
  Management and administration 1
  Production and sales 1
    2
   
         
3. PROPERTY, PLANT AND EQUIPMENT
    Plant & Fixtures &  
    Machinery Equipment Total
    £ £ £
  Cost
         
  Additions other than through business combinations 42,433 7,526 49,959
         
  Disposals (12,000) - (12,000)
  At 30 November 2024 30,433 7,526 37,959
   
  Depreciation
         
  For the year 7,608 1,129 8,737
  At 30 November 2024 7,608 1,129 8,737
   
  Net Book Amounts
         
  At 30 November 2024 22,825 6,397 29,222
   
     
     
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
    2024
    £
  Other taxes and social security 233
  Other creditors 8,923
  Accruals and deferred income 1,500
    £10,656
   
     
  The notes on pages 5-8 form part of these financial statements
   
  page 7
  P DEMPSEY PLANT LIMITED
  NOTES TO THE ACCOUNTS (CONT.)
  FOR THE YEAR ENDED 30 NOVEMBER 2024
     
     
5. CREDITORS: AMOUNTS FALLING DUE AFTER ONE YEAR
    2024
    £
  Directors loans 45,000
    £45,000
   
     
     
     
  The notes on pages 5-8 form part of these financial statements
   
  page 8