UK Demes Ltd - Filleted accounts

Registered number

10676714

UK Demes Ltd

Filleted Accounts

31 March 2025

UK Demes Ltd
Registered number:		10676714
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets	3		-			170
Tangible assets	4		217,618			257,484
			217,618			257,654

Current assets
Stocks		9,300			11,200
Debtors	5	118,832			64,888
Cash at bank and in hand		144,087			79,557
		272,219			155,645

Creditors: amounts falling due within one year	6	(166,721)			(152,403)

Net current assets			105,498			3,242

Total assets less current liabilities			323,116			260,896

Creditors: amounts falling due after more than one year	7		(50,719)			(66,767)



Net assets			272,397			194,129

Capital and reserves
Called up share capital			200			200
Profit and loss account			272,197			193,929

Shareholders' funds			272,397			194,129

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Karim Roozegar
Director
Approved by the board on 8 September 2025

UK Demes Ltd
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			20% on written down value
	Motor vehicles			20% on written down value
	Fixtures, fittings, tools and equipment			19% on written down value

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					10		10


3	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 April 2024							170
	At 31 March 2025							170

	Amortisation
	Provided during the year							170
	At 31 March 2025							170

	Net book value
	At 31 March 2025							-
	At 31 March 2024							170

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2024	58,465		234,021		31,995		324,481
	Additions	-		6,951		-		6,951
	At 31 March 2025	58,465		240,972		31,995		331,432

	Depreciation
	At 1 April 2024	-		60,598		6,399		66,997
	Charge for the year	5,846		35,852		5,119		46,817
	At 31 March 2025	5,846		96,450		11,518		113,814

	Net book value
	At 31 March 2025	52,619		144,522		20,477		217,618
	At 31 March 2024	58,465		173,423		25,596		257,484


5	Debtors					2025		2024
£							£

	Trade debtors					118,832		64,888


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					13,698		9,778
	BHRV					19,932		19,932
	Banafsheh					-		(585)
	Trade creditors					36,215		1,930
	Pension					1,006		895
	Owner					14,946		16,615
	Net Wages					8,775		7,141
	Taxation and social security costs					36,390		52,633
	Other creditors					35,759		44,064
						166,721		152,403


7	Creditors: amounts falling due after one year					2025		2024
£							£

	Funding Circle Limited					23,622		34,700
	Bank loans					27,097		32,067
						50,719		66,767


8	Other information

	UK Demes Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 6
	Sandown Road Industrial Estate
	Watford
	WD24 7UB