Company Registration No. 06668124 (England and Wales)
Debright Trading Limited
Unaudited accounts
for the year ended 31 January 2025
Debright Trading Limited
Unaudited accounts
Contents
Debright Trading Limited
Company Information
for the year ended 31 January 2025
Directors
Shae Pierre Bright
Derek Alan Bright
Company Number
06668124 (England and Wales)
Registered Office
Rugby House Hinckley Road
Sapcote
Leicester
Leicestershire
LE9 4FU
Accountants
121 Local Accounting Ltd
Unit 15, Whitwick Business Centre
Stenson Road
Coalville
Leicestershire
LE67 4JP
Debright Trading Limited
Statement of financial position
as at 31 January 2025
Tangible assets
54,948
68,786
Cash at bank and in hand
120,214
76,276
Creditors: amounts falling due within one year
(123,093)
(93,768)
Net current assets
27,923
24,458
Total assets less current liabilities
82,871
93,244
Creditors: amounts falling due after more than one year
(32,588)
(41,178)
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
50,093
51,855
Shareholders' funds
50,193
51,955
For the year ending 31 January 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 29 August 2025 and were signed on its behalf by
Derek Alan Bright
Director
Company Registration No. 06668124
Debright Trading Limited
Notes to the Accounts
for the year ended 31 January 2025
Debright Trading Limited is a private company, limited by shares, registered in England and Wales, registration number 06668124. The registered office is Rugby House Hinckley Road, Sapcote, Leicester, Leicestershire, LE9 4FU.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% on cost
Plant & machinery
25% on cost
Motor vehicles
25% on cost
Fixtures & fittings
25% on reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 February 2024
85,877
23,677
62,461
21,546
193,561
Additions
767
1,007
-
2,291
4,065
Disposals
-
-
(8,333)
-
(8,333)
At 31 January 2025
86,644
24,684
54,128
23,837
189,293
At 1 February 2024
44,189
23,677
40,477
16,432
124,775
Charge for the year
7,958
72
8,283
1,590
17,903
On disposals
-
-
(8,333)
-
(8,333)
At 31 January 2025
52,147
23,749
40,427
18,022
134,345
At 31 January 2025
34,497
935
13,701
5,815
54,948
At 31 January 2024
41,688
-
21,984
5,114
68,786
Debright Trading Limited
Notes to the Accounts
for the year ended 31 January 2025
Amounts falling due within one year
Trade debtors
24,027
20,130
Accrued income and prepayments
1,775
1,820
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
6,600
6,600
Obligations under finance leases and hire purchase contracts
2,224
2,448
Trade creditors
31,274
27,188
Taxes and social security
17,614
8,430
Other creditors
15,754
7,919
Loans from directors
43,237
35,704
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
-
1,551
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).