DIMARK LIMITED

Company Registration Number:
04996865 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2022

Period of accounts

Start date: 01 January 2022

End date: 31 December 2022

DIMARK LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Notes

DIMARK LIMITED

Balance sheet

As at 31 December 2022


Notes

2022

2021


£

£
Fixed assets
Tangible assets: 3 847,771 542,676
Total fixed assets: 847,771 542,676
Current assets
Stocks: 1,145,755 547,483
Debtors:   1,417,183 1,071,535
Cash at bank and in hand: 2,638,844 2,441,272
Total current assets: 5,201,782 4,060,290
Creditors: amounts falling due within one year:   (3,232,342) (2,920,895)
Net current assets (liabilities): 1,969,440 1,139,395
Total assets less current liabilities: 2,817,211 1,682,071
Creditors: amounts falling due after more than one year:     (29,927)
Total net assets (liabilities): 2,817,211 1,652,144
Capital and reserves
Called up share capital: 30,000 30,000
Profit and loss account: 2,787,211 1,622,144
Shareholders funds: 2,817,211 1,652,144

The notes form part of these financial statements

DIMARK LIMITED

Balance sheet statements

For the year ending 31 December 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 04 October 2023
and signed on behalf of the board by:

Name: Ibrahim Yucesoy
Status: Director

The notes form part of these financial statements

DIMARK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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 and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Short leasehold - 10% on cost. Plant & Machinery - 25% on cost. Fixtures & Fittings - 15% on reducing balance. Motor vehicles - 20% on reducing balance. Computer Equipment - 33% on cost.

Valuation and information policy

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Other accounting policies

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. 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.

DIMARK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

2. Employees

2022 2021
Average number of employees during the period 44 38

DIMARK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Tangible Assets

Total
Cost £
At 01 January 2022 1,046,632
Additions 402,835
At 31 December 2022 1,449,467
Depreciation
At 01 January 2022 503,956
Charge for year 97,740
At 31 December 2022 601,696
Net book value
At 31 December 2022 847,771
At 31 December 2021 542,676