Company Registration No. 09254627 (England and Wales)
DEGEL LIMITED
Unaudited accounts
for the year ended 31 October 2025
DEGEL LIMITED
Unaudited accounts
Contents
DEGEL LIMITED
Company Information
for the year ended 31 October 2025
Company Number
09254627 (England and Wales)
Registered Office
75 FAIRHOLT ROAD
LONDON
N16 5EW
DEGEL LIMITED
Statement of financial position
as at 31 October 2025
Investment property
290,000
290,000
Cash at bank and in hand
11,287
7,174
Creditors: amounts falling due within one year
(186,056)
(157,879)
Net current liabilities
(146,467)
(150,020)
Total assets less current liabilities
143,533
139,980
Provisions for liabilities
Deferred tax
(24,655)
(24,655)
Net assets
118,878
115,325
Called up share capital
10
10
Revaluation reserve
50,000
50,000
Fair value reserve
54,037
54,037
Profit and loss account
14,831
11,278
Shareholders' funds
118,878
115,325
For the 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. 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 19 May 2026 and were signed on its behalf by
David Lubelsky
Director
Company Registration No. 09254627
DEGEL LIMITED
Notes to the Accounts
for the year ended 31 October 2025
DEGEL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09254627. The registered office is 75 FAIRHOLT ROAD, LONDON, N16 5EW.
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 financial statements have been prepared in accordance with the accounting principals appropriate to a going concern.
The accounts are presented in £ sterling.
Fair value at 1 November 2024
290,000
At 31 October 2025
290,000
The historical cost of the property is £177,365 (2024: £177,365)
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
1,600
1,600
Taxes and social security
833
957
Other creditors
183,023
154,722
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).