Dene-Tech Services Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 02854922

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		85,234		124,629

			85,234		124,629
CURRENT ASSETS
Debtors	5	287,196		254,462
Cash at bank and in hand		88,013		143,416

		375,209		397,878
Creditors: Amounts Falling Due Within One Year	6	(328,905 )		(302,061 )

NET CURRENT ASSETS (LIABILITIES)			46,304		95,817

TOTAL ASSETS LESS CURRENT LIABILITIES			131,538		220,446

Creditors: Amounts Falling Due After More Than One Year	7		(88,317 )		(163,915 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(13,314 )		(15,473 )

NET ASSETS			29,907		41,058

CAPITAL AND RESERVES
Called up share capital	10		110		110
Profit and Loss Account			29,797		40,948

SHAREHOLDERS' FUNDS			29,907		41,058

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Dene-Tech Services Limited

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 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 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Vito Bovino

Director

11/08/2025

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Dene-Tech Services Limited Registered number 02854922 is a limited by shares company incorporated in England & Wales. The Registered Office is 7 St Georges Yard, Castle Street, Farnham, Surrey, GU9 7LW.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover comprises the value of services supplied by the company, net of Value Added Tax made during the year.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% on cost
Motor Vehicles	25% on cost

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Stocks and Work in Progress

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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

2.7. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

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Dene-Tech Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2024	2023
Office and administration	6	6
Manufacturing	12	12

	18	18

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 January 2024	173,927	305,317	479,244
Additions	3,817	-	3,817
Disposals	-	(57,580 )	(57,580 )

As at 31 December 2024	177,744	247,737	425,481

Depreciation
As at 1 January 2024	150,411	204,204	354,615
Provided during the period	10,959	32,253	43,212
Disposals	-	(57,580 )	(57,580 )

As at 31 December 2024	161,370	178,877	340,247

Net Book Value
As at 31 December 2024	16,374	68,860	85,234

As at 1 January 2024	23,516	101,113	124,629

Included above are assets held under finance leases and hire purchase agreements with a net book value as follows:

	2024	2023
	£	£
Plant & Machinery	4,404	7,185
Motor Vehicles	68,859	101,112

	73,263	108,297

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Dene-Tech Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

5. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	280,382	248,896
Other debtors	6,814	5,566

	287,196	254,462

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Net obligations under finance lease and hire purchase contracts	27,196	32,314
Trade creditors	20,234	34,855
Bank loans and overdrafts	50,000	50,000
Other creditors	106,716	81,812
Taxation and social security	124,759	103,080

	328,905	302,061

7. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Net obligations under finance lease and hire purchase contracts	50,817	76,415
Bank loans	37,500	87,500

	88,317	163,915

8. Secured Creditors

Of the creditors the following amounts are secured.

	2024	2023
	£	£
Net obligations under finance lease and hire purchase contracts	78,013	108,729
Bank loans and overdrafts	-	137,500

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Dene-Tech Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

9. Obligations Under Finance Leases and Hire Purchase

	2024	2023
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	27,196	32,314
Later than one year and not later than five years	50,817	76,415

	78,013	108,729

	78,013	108,729

10. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	110	110

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