Company Registration No. 07895707 (England and Wales)
Deeley Fabrications MK Limited
Unaudited accounts
for the year ended 31 December 2024
Deeley Fabrications MK Limited
Unaudited accounts
Contents
Deeley Fabrications MK Limited
Company Information
for the year ended 31 December 2024
Directors
ABRA, Bernard Martin
HAZEL, Sam
DANIELS, Stuart Joseph
Company Number
07895707 (England and Wales)
Registered Office
22 Tanners Drive,
Blakelands,
Milton Keynes
MK14 5BN
Accountants
Mirela Dewshi
41 Blakes Lane
New Malden
Surrey
KT3 6NS
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Deeley Fabrications MK Limited
for the year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Deeley Fabrications MK Limited for the year ended
31 December 2024 as set out on pages
5 -
8 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of Deeley Fabrications MK Limited, as a body, in accordance with the terms of our engagement letter dated 1 September 2022. Our work has been undertaken solely to prepare for your approval the accounts of Deeley Fabrications MK Limited and state those matters that we have agreed to state to the Board of Directors of Deeley Fabrications MK Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Deeley Fabrications MK Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Deeley Fabrications MK Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Deeley Fabrications MK Limited. You consider that Deeley Fabrications MK Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Deeley Fabrications MK Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Mirela Dewshi
Chartered Certified Accountants
41 Blakes Lane
New Malden
Surrey
KT3 6NS
19 September 2025
Deeley Fabrications MK Limited
Statement of financial position
as at 31 December 2024
Intangible assets
19,820
24,775
Tangible assets
122,201
122,599
Cash at bank and in hand
901,022
815,074
Creditors: amounts falling due within one year
(441,420)
(402,040)
Net current assets
974,501
783,776
Total assets less current liabilities
1,116,522
931,150
Provisions for liabilities
Deferred tax
(30,550)
(28,198)
Net assets
1,085,972
902,952
Called up share capital
3
3
Profit and loss account
1,085,969
902,949
Shareholders' funds
1,085,972
902,952
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 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 19 September 2025 and were signed on its behalf by
ABRA, Bernard Martin
Director
Company Registration No. 07895707
Deeley Fabrications MK Limited
Notes to the Accounts
for the year ended 31 December 2024
Deeley Fabrications MK Limited is a private company, limited by shares, registered in England and Wales, registration number 07895707. The registered office is 22 Tanners Drive, , Blakelands, , Milton Keynes, MK14 5BN.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided in order to write off the assets over their estimated useful lives:
Plant & machinery
Depreciation has been provided to write off the asset over its economic life
Motor vehicles
Depreciation has been provided to write off the asset over its economic life
Fixtures & fittings
Depreciation has been provided to write off the asset over its economic life
Computer equipment
Depreciation has been provided to write off the asset over its economic life
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Expenditure on research and development is written off in the year in which it is incurred.
Deeley Fabrications MK Limited
Notes to the Accounts
for the year ended 31 December 2024
Government grants are credited to the profit and loss account on the receipt basis and it is matched by the wages paid under Coronovirus Job Retention Scheme.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
4
Intangible fixed assets
Goodwill
At 31 December 2024
50,500
At 31 December 2024
30,680
At 31 December 2024
19,820
At 31 December 2023
24,775
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2024
203,279
87,928
14,206
13,096
318,509
Additions
33,036
10,600
480
2,584
46,700
Disposals
(32,564)
(7,278)
(580)
(2,413)
(42,835)
At 31 December 2024
203,751
91,250
14,106
13,267
322,374
At 1 January 2024
136,580
44,149
8,819
6,362
195,910
Charge for the year
17,586
10,274
1,161
1,530
30,551
On disposals
(20,759)
(4,266)
(517)
(746)
(26,288)
At 31 December 2024
133,407
50,157
9,463
7,146
200,173
At 31 December 2024
70,344
41,093
4,643
6,121
122,201
At 31 December 2023
66,699
43,779
5,387
6,734
122,599
Deeley Fabrications MK Limited
Notes to the Accounts
for the year ended 31 December 2024
Amounts falling due within one year
Trade debtors
479,079
331,722
Accrued income and prepayments
35,820
32,239
7
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
700
Trade creditors
233,444
243,667
Taxes and social security
134,828
90,856
Loans from directors
29,286
29,283
Allotted, called up and fully paid:
3 Ordinary shares of £1 each
3
3
9
Transactions with related parties
Included in current creditors is the loan received from the directors that are also the shareholders of the company. The balance as of 31 December 2023 is £29,283 (2022 - £39,282 ) the loan is interest-free and repayable on demand.
10
Average number of employees
During the year the average number of employees was 24 (2023: 28).