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Company No: 10995437 (England and Wales)

# CHRIS DEAKIN LTD

### Unaudited Financial Statements
For the financial year ended 31 October 2025
Pages for filing with the registrar

CHRIS DEAKIN LTD

## Unaudited Financial Statements

For the financial year ended 31 October 2025

Contents

CHRIS DEAKIN LTD

## STATEMENT OF FINANCIAL POSITION

As at 31 October 2025
CHRIS DEAKIN LTD

## STATEMENT OF FINANCIAL POSITION (continued)

As at 31 October 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 29,328 |  | 38,887
|  | 29,328 |  | 38,887
Current assets |  |  |  |
Debtors | 4 | 18,111 |  | 37,273
Cash at bank and in hand |  | 49,862 |  | 52,420
|  | 67,973 |  | 89,693
Creditors: amounts falling due within one year | 5 | ( 41,799) |  | ( 58,014)
Net current assets |  | 26,174 |  | 31,679
Total assets less current liabilities |  | 55,502 |  | 70,566
Creditors: amounts falling due after more than one year | 6 | 0 |  | ( 2,469)
Provision for liabilities | 7 | ( 6,697) |  | ( 8,897)
Net assets |  | 48,805 |  | 59,200
Capital and reserves |  |  |  |
Called-up share capital |  | 110 |  | 110
Profit and loss account |  | 48,695 |  | 59,090
Total shareholders' funds |  | 48,805 |  | 59,200

For the financial year ending 31 October 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Income Statement has not been delivered.

The financial statements of Chris Deakin Ltd (registered number: 10995437) were approved and authorised for issue by the Director. They were signed on its behalf by:

Mr C Deakin Director |

01 May 2026

CHRIS DEAKIN LTD

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 2025
CHRIS DEAKIN LTD

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Chris Deakin Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 3 Lyhart Road, Norwich , Norfolk, NR4 6RE, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

##### Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Income Statement in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Statement of Financial Position.

##### Finance costs

Finance costs are charged to the Income Statement over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.
Deferred tax
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 financial statements. 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 carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery | 25 % reducing balance
Vehicles | 25 % reducing balance
Computer equipment | 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

##### Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

##### Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.
The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Statement of Financial Position date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).
When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

##### Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including the director | 3 |  | 3

#### 3. Tangible assets

| Plant and machinery |  | Vehicles |  | Computer equipment |  | Total
| £ |  | £ |  | £ |  | £
Cost |  |  |  |  |  |  |
At 01 November 2024 | 459 |  | 71,763 |  | 18,225 |  | 90,447
Additions | 0 |  | 0 |  | 760 |  | 760
Disposals | 0 |  | 0 |  | ( 1,452) |  | ( 1,452)
At 31 October 2025 | 459 |  | 71,763 |  | 17,533 |  | 89,755
Accumulated depreciation |  |  |  |  |  |  |
At 01 November 2024 | 401 |  | 41,223 |  | 9,936 |  | 51,560
Charge for the financial year | 15 |  | 7,635 |  | 2,211 |  | 9,861
Disposals | 0 |  | 0 |  | ( 994) |  | ( 994)
At 31 October 2025 | 416 |  | 48,858 |  | 11,153 |  | 60,427
Net book value |  |  |  |  |  |  |
At 31 October 2025 | 43 |  | 22,905 |  | 6,380 |  | 29,328
At 31 October 2024 | 58 |  | 30,540 |  | 8,289 |  | 38,887

#### 4. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 13,785 |  | 32,836
Amounts owed by director | 3,030 |  | 3,342
Prepayments | 1,296 |  | 1,035
Other debtors | 0 |  | 60
| 18,111 |  | 37,273

#### 5. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Trade creditors | 4,114 |  | 21,076
Other loans | 2,250 |  | 3,003
Accruals and deferred income | 11,251 |  | 6,812
Taxation and social security | 24,147 |  | 26,707
Other creditors | 37 |  | 416
| 41,799 |  | 58,014

#### 6. Creditors: amounts falling due after more than one year

| 2025 |  | 2024
| £ |  | £
Bank loans | 0 |  | 2,469

There are no amounts included above in respect of which any security has been given by the small entity.

#### 7. Deferred tax

| 2025 |  | 2024
| £ |  | £
At the beginning of financial year | ( 8,897) |  | ( 11,034)
Credited to the Income Statement | 2,200 |  | 2,137
At the end of financial year | ( 6,697) |  | ( 8,897)

The deferred taxation balance is made up as follows:

| 2025 |  | 2024
| £ |  | £
Accelerated capital allowances | ( 6,701) |  | ( 8,897)
Other timing differences | 4 |  | 0
| ( 6,697) |  | ( 8,897)

#### 8. Financial commitments

Pensions

The Company operates a defined contribution pension scheme for the director and employees. The assets of the scheme are held separately from those of the Company in an independently administered fund.

| 2025 |  | 2024
| £ |  | £
Unpaid contributions due to the fund (inc. in other creditors) | 37 |  | ( 60)