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REGISTERED NUMBER: 06976650 (England and Wales)















DECADENT LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024






DECADENT LIMITED (REGISTERED NUMBER: 06976650)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


DECADENT LIMITED

COMPANY INFORMATION
for the Year Ended 31 December 2024







DIRECTORS: M S P Tucker
Mrs J Tucker





REGISTERED OFFICE: Unit 7 Greenway Farm
Bridgeyate
Bath Road, Wick
Bristol
BS30 5RL





REGISTERED NUMBER: 06976650 (England and Wales)





ACCOUNTANT: Clear Vision Accountancy Limited
1 Abacus House
Newlands Road
Corsham
Wiltshire
SN13 0BH

DECADENT LIMITED (REGISTERED NUMBER: 06976650)

BALANCE SHEET
31 December 2024

31/12/24 31/12/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 90,689 123,643

CURRENT ASSETS
Stocks 312,726 441,453
Debtors 5 542,619 742,078
Cash at bank and in hand 224,662 351,151
1,080,007 1,534,682
CREDITORS
Amounts falling due within one year 6 547,217 938,999
NET CURRENT ASSETS 532,790 595,683
TOTAL ASSETS LESS CURRENT
LIABILITIES

623,479

719,326

CREDITORS
Amounts falling due after more than one
year

7

(12,367

)

(50,120

)

PROVISIONS FOR LIABILITIES - (1,111 )
NET ASSETS 611,112 668,095

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 610,112 667,095
SHAREHOLDERS' FUNDS 611,112 668,095

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 August 2025 and were signed on its behalf by:




M S P Tucker - Director


DECADENT LIMITED (REGISTERED NUMBER: 06976650)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

DecaDent 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.

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 represents net invoiced sales of goods and services, excluding value added tax.

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.
Improvements to property - 20% on cost
Plant and machinery - 20% on cost
Fixtures and fittings - 33% on cost
Motor vehicles - 20% on cost
Computer equipment - 33% on cost

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

DECADENT LIMITED (REGISTERED NUMBER: 06976650)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2024

2. ACCOUNTING POLICIES - continued

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.

Going concern
The directors have assessed whether the company is a going concern and have considered all available information about the future and are confident of the company's ability to continue as a going concern.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 14 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 January 2024 8,960 12,217 23,086
Additions - 1,189 133
Disposals - - -
At 31 December 2024 8,960 13,406 23,219
DEPRECIATION
At 1 January 2024 8,942 8,384 21,921
Charge for year 18 1,811 651
Eliminated on disposal - - -
At 31 December 2024 8,960 10,195 22,572
NET BOOK VALUE
At 31 December 2024 - 3,211 647
At 31 December 2023 18 3,833 1,165

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 January 2024 180,153 52,723 277,139
Additions - 4,580 5,902
Disposals (22,008 ) - (22,008 )
At 31 December 2024 158,145 57,303 261,033
DEPRECIATION
At 1 January 2024 68,025 46,224 153,496
Charge for year 22,426 4,185 29,091
Eliminated on disposal (12,243 ) - (12,243 )
At 31 December 2024 78,208 50,409 170,344
NET BOOK VALUE
At 31 December 2024 79,937 6,894 90,689
At 31 December 2023 112,128 6,499 123,643

DECADENT LIMITED (REGISTERED NUMBER: 06976650)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Transfer to ownership 94,645
At 31 December 2024 94,645
DEPRECIATION
Transfer to ownership 39,120
At 31 December 2024 39,120
NET BOOK VALUE
At 31 December 2024 55,525

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/24 31/12/23
£    £   
Trade debtors 447,688 519,345
Other debtors 94,931 222,733
542,619 742,078

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/24 31/12/23
£    £   
Bank loans and overdrafts - 10,743
Hire purchase contracts 19,471 19,471
Trade creditors 331,421 238,110
Taxation and social security 168,340 277,606
Other creditors 27,985 393,069
547,217 938,999

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31/12/24 31/12/23
£    £   
Bank loans - 13,424
Hire purchase contracts 12,367 36,696
12,367 50,120

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

31/12/24 31/12/23
£    £   
M S P Tucker and Mrs J Tucker
Balance outstanding at start of year - -
Amounts advanced 40,486 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 40,486 -

DECADENT LIMITED (REGISTERED NUMBER: 06976650)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2024

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

During the year, the maximum overdrawn balance was £147,000.

There are no fixed repayment terms. Interest has been charged on the loan at HMRC standard rates.