ACCOUNTS - Final Accounts preparation

ACCOUNTS - Final Accounts preparation

DENCORA HOMES LIMITED - Company Information

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Caseware UK (AP4) 2022.0.179 2022.0.179 2022-10-312022-10-3122Dormanttruetruetrue2021-11-01 01643255 2021-11-01 2022-10-31 01643255 2020-11-01 2021-10-31 01643255 2022-10-31 01643255 2021-10-31 01643255 c:Director1 2021-11-01 2022-10-31 01643255 d:CurrentFinancialInstruments 2022-10-31 01643255 d:CurrentFinancialInstruments 2021-10-31 01643255 d:CurrentFinancialInstruments d:WithinOneYear 2022-10-31 01643255 d:CurrentFinancialInstruments d:WithinOneYear 2021-10-31 01643255 d:ShareCapital 2022-10-31 01643255 d:ShareCapital 2021-10-31 01643255 d:RetainedEarningsAccumulatedLosses 2021-11-01 2022-10-31 01643255 d:RetainedEarningsAccumulatedLosses 2022-10-31 01643255 d:RetainedEarningsAccumulatedLosses 2021-10-31 01643255 c:OrdinaryShareClass1 2021-11-01 2022-10-31 01643255 c:OrdinaryShareClass1 2022-10-31 01643255 c:OrdinaryShareClass1 2021-10-31 01643255 c:EntityNoLongerTradingButTradedInPast 2021-11-01 2022-10-31 01643255 c:FRS102 2021-11-01 2022-10-31 01643255 c:AuditExemptWithAccountantsReport 2021-11-01 2022-10-31 01643255 c:FullAccounts 2021-11-01 2022-10-31 01643255 c:PrivateLimitedCompanyLtd 2021-11-01 2022-10-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 01643255




 





DENCORA HOMES LIMITED

UNAUDITED
FINANCIAL STATEMENTS

FOR THE YEAR ENDED
31 OCTOBER 2022
 






 



 







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DENCORA HOMES LIMITED
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF DENCORA HOMES LIMITED
FOR THE YEAR ENDED 31 OCTOBER 2022

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Dencora Homes Limited for the year ended 31 October 2022 which comprise  the Balance Sheet and the related notes from the Company's accounting records and from information and explanations you have given to us.
 

As a 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 icaew.com/regulations.


This report is made solely to the Board of Directors of Dencora Homes Limited, as a body, in accordance with the terms of our engagement as detailed at wtca.co.uk/company-terms-conditions. Our work has been undertaken solely to prepare for your approval the financial statements of Dencora Homes Limited and state those matters that we have agreed to state to them in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Dencora Homes Limited and its Board of Directors, as a body, for our work or for this report.
 
 
It is your duty to ensure that Dencora Homes Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the Company's assets, liabilities, financial position and profit or loss. You consider that Dencora Homes Limited is exempt from the statutory audit requirement for the year.
 
 
We have not been instructed to carry out an audit or review of the financial statements of Dencora Homes 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.







Wellden Turnbull Limited
 
Chartered Accountants
  
Albany House
Claremont Lane
Esher
Surrey
KT10 9FQ

27 July 2023
Page 1
 
DENCORA HOMES LIMITED
REGISTERED NUMBER:01643255

BALANCE SHEET
AS AT 31 OCTOBER 2022

2022
2021
                                                                     Note
£
£

  

  

Creditors: amounts falling due within one year
 4 
(1,758)
(1,758)

Net current liabilities
  
 
 
(1,758)
 
 
(1,758)

Total assets less current liabilities
  
(1,758)
(1,758)

  

Net liabilities
  
(1,758)
(1,758)


Capital and reserves
  

Called up share capital 
 5 
100
100

Profit and loss account
 6 
(1,858)
(1,858)

Shareholders' deficit
  
(1,758)
(1,758)


For the year ended 31 October 2022 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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.

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.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




M J Rickards FRICS
Director

Date: 27 July 2023

The notes on pages 4-5 form part of these financial statements.

Page 2
 
DENCORA HOMES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022

1.


General information

Dencora Homes Limited is a private company, limited by shares, and incorporated in England and Wales, registered number 01643255. The registered office is: Suite 1, Silwood Business Centre, Silwood Park, Buckhurst Road, Ascot, Berkshire, SL5 7PW.
These financial statements are presented in sterling, which is the functional currency of the company and rounded to the nearest £.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

  
2.2

Compliance with accounting standards

The financial statements have been prepared using FRS102, the financial reporting standard applicable in the UK and Republic of Ireland, including the disclosure and presentation requirements of Section 1A, applicable to small companies. There were no material departures from that standard.

 
2.3

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.

 
2.4

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2021 - 2).


4.


Creditors: Amounts falling due within one year

2022
2021
£
£

Amounts owed to group undertakings
1,758
1,758


Page 3
 
DENCORA HOMES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022

5.


Share capital

2022
2021
£
£
Allotted, called up and fully paid



100 (2021 - 100) Ordinary shares of £1.00 each
100
100



6.


Reserves

Profit and loss account

The profit and loss account represents cumulative profits and losses, net of dividends and other adjustments.


7.


Related party transactions

The Company has taken the exemption under FRS102 section 33.1A not to disclose transactions and balances with other group companies, on the basis that it is a wholly owned subsidiary.


8.


Controlling party

Stockbourne Group Limited is the parent company. The registered office and principal place of buisness is, Suite 1, Silwood Business Centre, Silwood Park, Buckhurst Road, Ascot, SL5 7PW.
The smallest and largest group of undertakings into which the results of the Company are consolidated is headed by Stockbourne Group Limited. The consolidated financial statements can be obtained from Companies House. 

Page 4