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REGISTERED NUMBER: 10399713 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2022

for

Details Matter Ltd

Details Matter Ltd (Registered number: 10399713)






Contents of the Financial Statements
for the Year Ended 30 September 2022




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Details Matter Ltd

Company Information
for the Year Ended 30 September 2022







DIRECTOR: Mrs K Zacholi





REGISTERED OFFICE: 10 Courtenay Road Wembley
Wembley
HA9 7ND





REGISTERED NUMBER: 10399713 (England and Wales)





ACCOUNTANTS: Preston Accountants Limited
Chartered Certified Accountants
1 Carlton Parade
Preston Road
Wembley
Middlesex
HA9 8NE

Details Matter Ltd (Registered number: 10399713)

Statement of Financial Position
30 September 2022

30.9.22 30.9.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,953 2,089

CURRENT ASSETS
Stocks 7,500 7,800
Debtors 5 1,409 684
Cash at bank 206 9,716
9,115 18,200
CREDITORS
Amounts falling due within one year 6 4,664 4,659
NET CURRENT ASSETS 4,451 13,541
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,404

15,630

CREDITORS
Amounts falling due after more than one year 7 12,973 19,087
NET LIABILITIES (6,569 ) (3,457 )

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings (6,570 ) (3,458 )
SHAREHOLDERS' FUNDS (6,569 ) (3,457 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

Details Matter Ltd (Registered number: 10399713)

Statement of Financial Position - continued
30 September 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 September 2023 and were signed by:





Mrs K Zacholi - Director


Details Matter Ltd (Registered number: 10399713)

Notes to the Financial Statements
for the Year Ended 30 September 2022

1. STATUTORY INFORMATION

Details Matter 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 - 20% on reducing balance
Computer equipment - 20% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Comprehensive Income, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

Details Matter Ltd (Registered number: 10399713)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2022

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 October 2021 3,000 2,100 5,100
Additions - 353 353
At 30 September 2022 3,000 2,453 5,453
DEPRECIATION
At 1 October 2021 1,771 1,240 3,011
Charge for year 246 243 489
At 30 September 2022 2,017 1,483 3,500
NET BOOK VALUE
At 30 September 2022 983 970 1,953
At 30 September 2021 1,229 860 2,089

5. DEBTORS
30.9.22 30.9.21
£    £   
Amounts falling due within one year:
Trade debtors 684 684

Amounts falling due after more than one year:
Other debtors 725 -

Aggregate amounts 1,409 684

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.22 30.9.21
£    £   
Bank loans and overdrafts 4,059 4,059
Other creditors 605 600
4,664 4,659

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.9.22 30.9.21
£    £   
Bank loans 12,973 16,237
Other creditors - 2,850
12,973 19,087

Details Matter Ltd (Registered number: 10399713)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2022

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.22 30.9.21
value: £    £   
1 Ordinary 1 1 1

9. GOING CONCERN BASIS OF ACCOUNTING

For the year ended 30 September 2022, the company recognised a net loss of . The company's net current liability as at 30 September 2022 was £ . This has significantly reduce the company's cash resources.

Under this base case scenario, the company is expected to continue to have sufficient headroom relative to the funding available to it. With the help of bounce back loan, management estimates that in the downside case, it has got sufficient cash to meet its financial obligations.

As a result, these financial statements have been prepared on a going concern basis and do not include any
adjustments to the carrying amounts and classification of assets, liabilities and reported expenses that may otherwise be required if the going concern basis was not appropriate.