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Denard Finance Limited
 
Abridged Unaudited Financial Statements
 
for the financial year ended 31 December 2025



Denard Finance Limited
DIRECTORS AND OTHER INFORMATION

 
Directors Richard Owen
Stephen Owen
 
 
Company Secretary Stephen Owen
 
 
Company Registration Number 00919442
 
 
Registered Office Grenville House
4 Grenville Avenue
BROXBOURNE
Hertfordshire
EN10 7DH
United Kingdom
 
 
Accountants Lincoln Brown & Co Limited
Chartered Certified Accountants
Grenville House
4 Grenville Avenue
Herts
EN10 7DH
United Kingdom



Denard Finance Limited
Company Registration Number: 00919442
ABRIDGED STATEMENT OF FINANCIAL POSITION
as at 31 December 2025

2025 2024
Notes £ £
 
Non-Current Assets
Financial assets 4 100 100
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Current Assets
Stocks - 14,833
Debtors 17,202 3,951
Cash and cash equivalents 39,690 943
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56,892 19,727
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Creditors: amounts falling due within one year (1,440) (2,282)
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Net Current Assets 55,452 17,445
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Total Assets less Current Liabilities 55,552 17,545
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Capital and Reserves
Called up share capital 100 100
Retained earnings 55,452 17,445
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Shareholders' Funds 55,552 17,545
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The financial statements have been prepared 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).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
           
The company has taken advantage of the exemption under section 444 not to file the Abridged Income Statement and Directors' Report.
For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
           
Approved by the Board and authorised for issue on 1 September 2026 and signed on its behalf by
           
           
________________________________          
Richard Owen          
Director          
           
           
________________________________
Stephen Owen
Director
           



Denard Finance Limited
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial year ended 31 December 2025

   
1. General Information
 
Denard Finance Limited is a company limited by shares incorporated and registered in the United Kingdom. The registered number of the company is 00919442. The registered office of the company is Grenville House, 4 Grenville Avenue, BROXBOURNE, Hertfordshire, EN10 7DH, United Kingdom. Share dealing The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 31 December 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Financial assets
Financial assets held as fixed assets are stated at cost less provision for any permanent diminution in value. Income from other investments together with any related tax credit is recognised in the Income Statement in the financial year in which it is receivable.
 
Stocks
Stocks are valued at the lower of cost and net realisable value. Stocks are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition.  Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.
 
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.
 
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.
 
Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Statement of Financial Position date.

 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including directors, during the financial year was 0, (2024 - 0).
       
4. Financial fixed assets
  Other Total
  investments  
     
Investments £ £
Cost
 
At 31 December 2025 100 100
  ───────── ─────────
Net book value
At 31 December 2025 100 100
  ═════════ ═════════
At 31 December 2024 100 100
  ═════════ ═════════
       
5. Capital commitments
 
The company had no material capital commitments at the financial year-ended 31 December 2025.
   
6. Events After the End of the Reporting Period
 
There have been no significant events affecting the company since the financial year-end.