Company No: 12401447 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	C A Dean
	M C Dean
	R J Dean
	S W Dean
	C E Hutchison
	J S Hutchison

REGISTERED OFFICE	Dean Group International Ltd Brinell Drive
	Northbank Industrial Estate
	Irlam
	M44 5BL
	United Kingdom

COMPANY NUMBER

12401447 (England and Wales)

CHARTERED ACCOUNTANTS	Hurst Accountants Limited
	Lancashire Gate
	21 Tiviot Dale
	Stockport
	SK1 1TD

	Note	2022		2021
		£		£
Fixed assets
Investments	3	2,700,000		2,700,000
		2,700,000		2,700,000
Creditors: amounts falling due within one year	4	( 1,920,000)		( 1,500,000)
Net current liabilities		(1,920,000)		(1,500,000)
Total assets less current liabilities		780,000		1,200,000
Creditors: amounts falling due after more than one year	5	0		( 420,000)
Net assets		780,000		780,000
Capital and reserves
Called-up share capital		2,138		2,138
Share premium account		777,862		777,862
Total shareholders' funds		780,000		780,000

DEAN GROUP HOLDINGS LIMITED (registered number: 12401447) did not trade during the current financial year and has made neither profit nor loss, nor any other comprehensive income. There have been no movements in shareholders’ funds during the current financial year and therefore no Statement of Changes of Equity has been included. For the financial year ending 30 June 2022 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of DEAN GROUP HOLDINGS LIMITED (registered number: 12401447) were approved and authorised for issue by the Board of Directors on 01 December 2022. They were signed on its behalf by:

C E Hutchison Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

DEAN GROUP HOLDINGS LIMITED (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Dean Group International Ltd Brinell Drive, Northbank Industrial Estate, Irlam, M44 5BL, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.

Going concern

The company has net current liabilities of £1,920,000 (30 June 2021: £1,500,000) and net assets of £780,000 (30 June 2021: £780,000) at 30 June 2022. The company's underlying subsidiary has warranted that it will not recall the loan due to it by Dean Group Holdings Limited within 12 months of the date of approval of these financial statements. In addition, the company's underlying subsidiary will support the company in settling its short-term creditors as they become due for payment.

On the basis of the support available in meeting its liabilities, the directors consider it is appropriate to prepare the financial statements on a going concern basis.

Group accounts exemption

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2. Employees

	2022		2021
	Number		Number
The Company has no employees other than the directors, who did not receive any remuneration.	0		0

3. Fixed asset investments

Investments in subsidiaries

	2022
	£
Cost
At 01 July 2021	2,700,000
At 30 June 2022	2,700,000
Carrying value at 30 June 2022	2,700,000
Carrying value at 30 June 2021	2,700,000

On 17 February 2020, the company acquired 100% of the share capital of Dean Group International Limited for total consideration of £2,700,000.

4. Creditors: amounts falling due within one year

	2022		2021
	£		£
Amounts owed to own subsidiaries	1,500,000		1,000,000
Other creditors	420,000		500,000
	1,920,000		1,500,000

5. Creditors: amounts falling due after more than one year

	2022		2021
	£		£
Other creditors	0		420,000