Demps Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 05683101

Demps Limited

Filleted Unaudited Financial Statements

31 January 2026

Demps Limited

Financial Statements

Year ended 31 January 2026

Contents	Pages

Chartered accountants report to the director on the preparation of the unaudited statutory financial statements	1

Statement of financial position	2 to 3

Notes to the financial statements	4 to 6

Demps Limited

Chartered Accountants Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of Demps Limited

Year ended 31 January 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Demps Limited for the year ended 31 January 2026, which comprise the statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. This report is made solely to the director of Demps Limited in accordance with the terms of our engagement letter dated 14 May 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Demps Limited and state those matters that we have agreed to state to you in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Demps Limited and its director for our work or for this report.

It is your duty to ensure that Demps Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Demps Limited. You consider that Demps Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Demps Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

HEBBLETHWAITES Chartered Accountants

2 Westbrook Court Sharrow Vale Road Sheffield S11 8YZ

23 October 2026

Demps Limited

Statement of Financial Position

31 January 2026

	2026		2025
Note	£	£	£

Fixed assets

Tangible assets	5		1,970	1,163

Current assets

Debtors	6	6,478	6,809
Cash at bank and in hand		17,634	19,124
		--------	--------
		24,112	25,933

Creditors: amounts falling due within one year	7	21,497		20,466
		--------		--------
Net current assets			2,615	5,467
			-------	-------
Total assets less current liabilities			4,585	6,630

Provisions

Taxation including deferred tax	374	221
	-------	-------
Net assets	4,211	6,409
	-------	-------

Demps Limited

Statement of Financial Position (continued)

31 January 2026

	2026		2025
Note	£	£	£

Capital and reserves

Called up share capital	100	100
Profit and loss account	4,111	6,309
	-------	-------
Shareholders funds	4,211	6,409
	-------	-------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 January 2026 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 year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 21 October 2026 , and are signed on behalf of the board by:

Mr. P. G. Dempsey
Director

Company registration number: 05683101

Demps Limited

Notes to the Financial Statements

Year ended 31 January 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is c/o Hebblethwaites, 2 Westbrook Court, Sharrow Vale Road, Sheffield, S11 8YZ.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Office Equipment	-	25% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2025: 1 ).

5. Tangible assets

	Equipment	Total
	£	£
Cost
At 1 February 2025	3,559	3,559
Additions	1,518	1,518
	-------	-------
At 31 January 2026	5,077	5,077
	-------	-------
Depreciation
At 1 February 2025	2,396	2,396
Charge for the year	711	711
	-------	-------
At 31 January 2026	3,107	3,107
	-------	-------
Carrying amount
At 31 January 2026	1,970	1,970
	-------	-------
At 31 January 2025	1,163	1,163
	-------	-------

6. Debtors

	2026	2025
	£	£
Trade debtors	5,821	6,133
Other debtors	657	676
	-------	-------
	6,478	6,809
	-------	-------

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Corporation tax	7,294	6,662
Social security and other taxes	228	213
Other creditors	13,975	13,591
	--------	--------
	21,497	20,466
	--------	--------

8. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2026	2025
	£	£
Later than 1 year and not later than 5 years	–	3,355
	----	-------