Registration number: 04383256

Demarle Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Financial Statements	3 to 7

Demarle Ltd

Company Information

Director

Patrice Yves Jacquelin

Registered office

Becket House 1 Lambeth Palace Road London SE1 7EU

Auditors

Carbon Accountancy Limited Chartered Accountants and Statutory Auditors 80-83 Long Lane London EC1A 9ET

Demarle Ltd

(Registration number: 04383256)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	1,787	2,252
Current assets
Debtors	5	248,878	239,417
Cash at bank and in hand		40,073	20,409
		288,951	259,826
Creditors: Amounts falling due within one year	6	(13,312)	(12,536)
Net current assets		275,639	247,290
Net assets		277,426	249,542
Capital and reserves
Called up share capital	7	140,000	140,000
Retained earnings		137,426	109,542
Shareholders' funds		277,426	249,542

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 20 July 2026
 

......................................... Patrice Yves Jacquelin Director

Demarle Ltd

Notes to the Financial Statements for the Year Ended 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Becket House
1 Lambeth Palace Road
London
SE1 7EU

These financial statements were authorised for issue by the director on 20 July 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Audit report

The Independent Auditor's Report was unqualified.

The name of the Senior Statutory Auditor who signed the audit report on 20 July 2026 was John Leyden FCA , who signed for and on behalf of Carbon Accountancy Limited.

Revenue recognition

The company's turnover comprises royalty income arising from trademark licensing agreements.

Royalty income is recognised in the accounting period in which the licensee's underlying sales occur in accordance with the terms of the relevant licensing agreements. Revenue is measured at the fair value of consideration receivable and is stated net of value added tax.

Demarle Ltd

Notes to the Financial Statements for the Year Ended 31 December 2025 (continued)

2	Accounting policies (continued)

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Intangible assets

Trademarks have a finite useful life and are carried at cost less accumulated amortisation and any accumulated impairment losses.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Trademark	estimated useful life of 10 years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Demarle Ltd

Notes to the Financial Statements for the Year Ended 31 December 2025 (continued)

2	Accounting policies (continued)

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

4	Intangible assets

	Trademarks, patents and licenses  £	Total £
Cost or valuation
At 1 January 2025	9,452	9,452
At 31 December 2025	9,452	9,452
Amortisation
At 1 January 2025	7,200	7,200
Amortisation charge	465	465
At 31 December 2025	7,665	7,665
Carrying amount
At 31 December 2025	1,787	1,787
At 31 December 2024	2,252	2,252

Demarle Ltd

Notes to the Financial Statements for the Year Ended 31 December 2025 (continued)

5

Debtors

Current	Note	2025 £	2024 £
Amounts owed by related parties	8	248,766	239,328
Other debtors		112	89
		248,878	239,417

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	518	-
Taxation and social security	9,294	9,036
Accruals and deferred income	3,500	3,500
	13,312	12,536

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	140,000	140,000	140,000	140,000

8	Related party transactions

At the year end, the balance owed by related parties are as follows:

PPJB SARL: £241,714 (2024: £234,673). The loan is charged interest at 3% per annum and is repayable on demand.

Guy Demarle Grand Public: £7,052 (2024:£4,655) a fellow group undertaking, arising in the ordinary course of business.

The company has taken advantage of the exemption available under Section 33 of FRS 102 from disclosing transactions with wholly-owned members of the group.

Demarle Ltd

Notes to the Financial Statements for the Year Ended 31 December 2025 (continued)

9	Parent and ultimate parent undertaking

The company's immediate parent is PPJB SARL, incorporated in France.

 The most senior parent entity producing publicly available financial statements is PPJB SARL. These financial statements are available upon request from 157 B Avenue De La Marne 59700 Marcq En Baroeul, France.