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Registered number: 06346478
De-Stat Limited
Unaudited Financial Statements
For The Year Ended 31 August 2025
Morris Green Ltd
ACCA
406 New Inn Lane
Trentham
Stoke-on-Trent
Staffordshire
ST4 8BW
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06346478
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,119 5,986
1,119 5,986
CURRENT ASSETS
Stocks 5 450 450
Debtors 6 13,735 46,948
Cash at bank and in hand 298,383 346,319
312,568 393,717
Creditors: Amounts Falling Due Within One Year 7 (45,232 ) (81,726 )
NET CURRENT ASSETS (LIABILITIES) 267,336 311,991
TOTAL ASSETS LESS CURRENT LIABILITIES 268,455 317,977
PROVISIONS FOR LIABILITIES
Deferred Taxation (213 ) (1,496 )
NET ASSETS 268,242 316,481
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 268,142 316,381
SHAREHOLDERS' FUNDS 268,242 316,481
Page 1
Page 2
For the year ending 31 August 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.
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 Robert Pass
Director
23/10/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
De-Stat Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06346478 . The registered office is Pippin Hill, 17 Rock House Drive, Barlaston, Staffordshire, ST12 9EA.
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 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. 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:
Motor Vehicles 25%
Computer Equipment 25%
2.4. 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.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
Page 3
Page 4
2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 September 2024 31,099 6,740 37,839
Additions - 1,041 1,041
Disposals (31,099 ) - (31,099 )
As at 31 August 2025 - 7,781 7,781
Depreciation
As at 1 September 2024 25,564 6,289 31,853
Provided during the period - 373 373
Disposals (25,564 ) - (25,564 )
As at 31 August 2025 - 6,662 6,662
Net Book Value
As at 31 August 2025 - 1,119 1,119
As at 1 September 2024 5,535 451 5,986
5. Stocks
2025 2024
£ £
Stock 450 450
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 13,735 46,948
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 7,200 11,311
Other creditors 20,912 27,293
Taxation and social security 17,120 43,122
45,232 81,726
Page 4
Page 5
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 5