Derventio Solutions Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05809705 (England and Wales)

Financial Statements

for the Year Ended 31 May 2022

for

Derventio Solutions Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S G Reece

Mrs L J Reece

D Roberts

I T Parkin

SECRETARY:

Mrs L J Reece

REGISTERED OFFICE:

The Mills

Canal Street

Derby

DE1 2RJ

BUSINESS ADDRESS:

Suite 2

St Andrews House

Vernon Gate

Derby

DE1 1UJ

REGISTERED NUMBER:

05809705 (England and Wales)

ACCOUNTANTS:

Bates Weston LLP

Chartered Accountants

The Mills

Canal Street

Derby

DE1 2RJ

CURRENT ASSETS

Debtors

4

91

61,807

Cash at bank

2,209

1,734

2,300

63,541

CREDITORS

Amounts falling due within one year

5

270,304

330,125

NET CURRENT LIABILITIES

(268,004

)

(266,584

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(268,004

)

(266,584

)

CREDITORS

Amounts falling due after more than one year

6

30,896

41,149

NET LIABILITIES

(298,900

)

(307,733

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(299,000

)

(307,833

)

SHAREHOLDERS' FUNDS

(298,900

)

(307,733

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 September 2022 and were signed on its behalf by:

S G Reece - Director

1.	STATUTORY INFORMATION

Derventio Solutions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The company ceased to trade on 31 May 2021 and all necessary adjustments have been made to assets to reflect this.

Turnover

Turnover represents the value of goods and services supplied during the period, net of value added tax. Turnover is recognised in the period in which the goods or services are supplied.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Government grants

Grants are recognised in the profit and loss account so as to match them with the expenditure towards which they are intended to contribute.

Leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - 5 ).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Other debtors

91

39,809

Tax

-

21,998

91

61,807

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Bank loan

9,104

8,851

Trade creditors

-

74

Amounts owed to related companies

261,200

321,200

270,304

330,125

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2022

2021

£

£

Bank loan

30,896

41,149

7.	LEASING COMMITMENTS

The minimum lease payments on non-cancellable operating leases committed to be paid are £193,500 (2021: £233,500).