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REGISTERED NUMBER: 08940586 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

FOR

DISTINCT EA LTD

DISTINCT EA LTD (REGISTERED NUMBER: 08940586)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DISTINCT EA LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2022







DIRECTOR: Ms S S Wilde





REGISTERED OFFICE: 1 London Road
Little Compton
Moreton-In-Marsh
GL56 0FR





REGISTERED NUMBER: 08940586 (England and Wales)





ACCOUNTANTS: MDH
Chartered Certified Accountants
21 Stafford Road
Croydon
Surrey
CR0 4NG

DISTINCT EA LTD (REGISTERED NUMBER: 08940586)

BALANCE SHEET
31 MARCH 2022

31/3/22 31/3/21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,781 7,109

CURRENT ASSETS
Debtors 5 13,657 16,575
Cash at bank 51,401 81,520
65,058 98,095
CREDITORS
Amounts falling due within one year 6 25,626 33,394
NET CURRENT ASSETS 39,432 64,701
TOTAL ASSETS LESS CURRENT
LIABILITIES

43,213

71,810

CREDITORS
Amounts falling due after more than one
year

7

(42,157

)

(50,000

)

PROVISIONS FOR LIABILITIES 8 (719 ) -
NET ASSETS 337 21,810

CAPITAL AND RESERVES
Called up share capital 9 10 10
Retained earnings 327 21,800
SHAREHOLDERS' FUNDS 337 21,810

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

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

The director acknowledges her 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.

DISTINCT EA LTD (REGISTERED NUMBER: 08940586)

BALANCE SHEET - continued
31 MARCH 2022


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 August 2022 and were signed by:





Ms S S Wilde - Director


DISTINCT EA LTD (REGISTERED NUMBER: 08940586)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

1. STATUTORY INFORMATION

Distinct EA Ltd 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 33% on cost
Fixtures and fittings - 33% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and 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 5 (2021 - 5 ) .

DISTINCT EA LTD (REGISTERED NUMBER: 08940586)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2021 13,951
Additions 1,360
At 31 March 2022 15,311
DEPRECIATION
At 1 April 2021 6,842
Charge for year 4,688
At 31 March 2022 11,530
NET BOOK VALUE
At 31 March 2022 3,781
At 31 March 2021 7,109

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/22 31/3/21
£    £   
Trade debtors 356 10,139
Other debtors 13,301 6,436
13,657 16,575

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/22 31/3/21
£    £   
Bank loans and overdrafts 10,616 1,355
Trade creditors 6,839 6,337
Taxation and social security 6,385 24,859
Other creditors 1,786 843
25,626 33,394

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/3/22 31/3/21
£    £   
Bank loans 42,157 50,000

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 42,157 50,000

DISTINCT EA LTD (REGISTERED NUMBER: 08940586)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022

8. PROVISIONS FOR LIABILITIES
31/3/22 31/3/21
£    £   
Deferred tax 719 -

Deferred
tax
£   
Charge to Income Statement during year 719
Balance at 31 March 2022 719

9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31/3/22 31/3/21
value: £    £   
10 Ordinary 1 10 10

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2022 and 31 March 2021:

31/3/22 31/3/21
£    £   
Ms S S Wilde
Balance outstanding at start of year - 5,783
Amounts advanced 28,800 -
Amounts repaid (22,500 ) (5,783 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 6,300 -

The Director owed the company at the year end £6,300 (2021: £0). This was an interest free loan and repayable within 9 months.

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Ms S S Wilde.