Company Registration No. 03533839 (England and Wales)
DEARDEN LTD
Unaudited accounts
for the year ended 31 March 2025
DEARDEN LTD
Unaudited accounts
Contents
DEARDEN LTD
Statement of financial position
as at 31 March 2025
Tangible assets
870,000
867,025
Creditors: amounts falling due within one year
(311,120)
(308,620)
Net current liabilities
(311,120)
(308,620)
Total assets less current liabilities
558,880
558,405
Provisions for liabilities
Deferred tax
(92,183)
(91,613)
Net assets
466,697
466,792
Called up share capital
3
3
Revaluation reserve
463,867
461,437
Profit and loss account
2,827
5,352
Shareholders' funds
466,697
466,792
For the year ending 31 March 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 director acknowledges his 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 and authorised for issue on 8 December 2025 and were signed on its behalf by
Joseph DEARDEN
Director
Company Registration No. 03533839
DEARDEN LTD
Notes to the Accounts
for the year ended 31 March 2025
DEARDEN LTD is a private company, limited by shares, registered in England and Wales, registration number 03533839. The registered office is High Bank, Houghton Lane, Playden, Rye, East Sussex, England.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 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
Not Depreciated
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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
DEARDEN LTD
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At valuation
At cost
At cost
At 1 April 2024
867,000
612
513
868,125
Revaluations
3,000
-
-
3,000
Disposals
-
(612)
(513)
(1,125)
At 31 March 2025
870,000
-
-
870,000
At 1 April 2024
-
610
490
1,100
On disposals
-
(610)
(490)
(1,100)
At 31 March 2025
870,000
-
-
870,000
At 31 March 2024
867,000
2
23
867,025
5
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
-
643
Loans from directors
310,460
307,317
6
Average number of employees
During the year the average number of employees was 2 (2024: 2).