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REGISTERED NUMBER: 09537006 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

DEFT HOLDINGS LIMITED

DEFT HOLDINGS LIMITED (REGISTERED NUMBER: 09537006)






Contents of the Financial Statements
for the year ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DEFT HOLDINGS LIMITED

Company Information
for the year ended 31 March 2025







DIRECTORS: D B Pegler
E Emmerson
F K Jarman
C G Mcinnes





REGISTERED OFFICE: Preston Park House
South Road
Brighton
East Sussex
BN1 6SB





REGISTERED NUMBER: 09537006 (England and Wales)





ACCOUNTANTS: Plus Accounting
Chartered Accountants
Preston Park House
South Road
Brighton
East Sussex
BN1 6SB

DEFT HOLDINGS LIMITED (REGISTERED NUMBER: 09537006)

Balance Sheet
31 March 2025

2025 2024
Notes £ £
FIXED ASSETS
Tangible assets 4 2,415 2,887
Investments 5 10,000 10,000
12,415 12,887

CURRENT ASSETS
Debtors 6 286,213 242,603
Cash at bank and in hand 74,842 19,652
361,055 262,255
CREDITORS
Amounts falling due within one year 7 (290,098 ) (194,467 )
NET CURRENT ASSETS 70,957 67,788
TOTAL ASSETS LESS CURRENT
LIABILITIES

83,372

80,675

PROVISIONS FOR LIABILITIES 9 (604 ) (722 )
NET ASSETS 82,768 79,953

CAPITAL AND RESERVES
Called up share capital 10 92 90
Capital redemption reserve 10 10
Retained earnings 82,666 79,853
SHAREHOLDERS' FUNDS 82,768 79,953

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

DEFT HOLDINGS LIMITED (REGISTERED NUMBER: 09537006)

Balance Sheet - continued
31 March 2025


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 26 August 2025 and were signed on its behalf by:





F K Jarman - Director


DEFT HOLDINGS LIMITED (REGISTERED NUMBER: 09537006)

Notes to the Financial Statements
for the year ended 31 March 2025

1. STATUTORY INFORMATION

Deft Holdings 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 principal place of business is 2nd Floor, 27 Palmeira Mansions, Church Road, Hove, East Sussex, BN3 2FA.

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 represents the fair value of consideration received or receivable net of VAT and trade discounts. Revenue from the sale of services is recognised at the point of sale or when income is earned.

Tangible fixed assets
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office furniture & equipment-10 years on cost
Computer equipment-3 years on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

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.

DEFT HOLDINGS LIMITED (REGISTERED NUMBER: 09537006)

Notes to the Financial Statements - continued
for the year ended 31 March 2025

2. ACCOUNTING POLICIES - continued

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

Pension costs and other post-retirement benefits
The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid, the company has no further payment obligations.

The contributions are recognised as an expense in the Income Statement when they fall due. Amounts not paid are shown in accruals as a liability on the Balance Sheet. The assets of the plan are held separately from the company in independently administered funds.

Impairment policy
At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of an asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 9 ) .

4. TANGIBLE FIXED ASSETS
Furniture
and office Computer
equipment equipment Totals
£ £ £
COST
At 1 April 2024 6,526 19,723 26,249
Additions 697 - 697
At 31 March 2025 7,223 19,723 26,946
DEPRECIATION
At 1 April 2024 4,098 19,264 23,362
Charge for year 722 447 1,169
At 31 March 2025 4,820 19,711 24,531
NET BOOK VALUE
At 31 March 2025 2,403 12 2,415
At 31 March 2024 2,428 459 2,887

DEFT HOLDINGS LIMITED (REGISTERED NUMBER: 09537006)

Notes to the Financial Statements - continued
for the year ended 31 March 2025

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£
COST
At 1 April 2024
and 31 March 2025 10,000
NET BOOK VALUE
At 31 March 2025 10,000
At 31 March 2024 10,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Other debtors 286,213 242,603

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Trade creditors 266 337
Taxation and social security 170,096 147,963
Other creditors 119,736 46,167
290,098 194,467

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2025 2024
£ £
Within one year 27,061 33,811
Between one and five years 11,850 34,411
38,911 68,222

9. PROVISIONS FOR LIABILITIES
2025 2024
£ £
Deferred tax 604 722

Deferred tax
£
Balance at 1 April 2024 722
Accelerated capital allowances (118 )
Balance at 31 March 2025 604

DEFT HOLDINGS LIMITED (REGISTERED NUMBER: 09537006)

Notes to the Financial Statements - continued
for the year ended 31 March 2025

10. CALLED UP SHARE CAPITAL

During the year, the £1 Ordinary A, Ordinary B and Ordinary C shares were subdivided into £0.10 Ordinary A, Ordinary B and Ordinary C shares respectively. Subsequently, 75 Ordinary A, Ordinary B and Ordinary C shares were designated as £0.10 Ordinary D shares.