1 February 2022 false No description of principal activity Taxfiler 2023.9.1 11764476business:PrivateLimitedCompanyLtd2022-02-012023-01-31 117644762022-01-31 117644762022-02-012023-01-31 11764476business:AuditExemptWithAccountantsReport2022-02-012023-01-31 11764476business:FilletedAccounts2022-02-012023-01-31 117644762023-01-31 11764476business:Director12022-02-012023-01-31 11764476business:Director22022-02-012023-01-31 11764476business:RegisteredOffice2022-02-012023-01-31 117644762022-01-31 11764476core:WithinOneYear2023-01-31 11764476core:WithinOneYear2022-01-31 11764476core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 11764476core:ShareCapitalcore:PreviouslyStatedAmount2022-01-31 11764476core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 11764476core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-01-31 11764476core:PreviouslyStatedAmount2023-01-31 11764476core:PreviouslyStatedAmount2022-01-31 11764476business:SmallEntities2022-02-012023-01-31 11764476countries:EnglandWales2022-02-012023-01-31 11764476core:PlantMachinery2022-02-012023-01-31 11764476core:Goodwill2022-01-31 11764476core:Goodwill2023-01-31 11764476core:Goodwill2022-02-012023-01-31 11764476core:FurnitureFittings2022-01-31 11764476core:ComputerEquipment2022-01-31 11764476core:FurnitureFittings2023-01-31 11764476core:ComputerEquipment2023-01-31 11764476core:FurnitureFittings2022-02-012023-01-31 11764476core:ComputerEquipment2022-02-012023-01-31 11764476core:AfterOneYear2023-01-31 11764476core:AfterOneYear2022-01-31 117644762021-02-012022-01-31 iso4217:GBP xbrli:pure
Company Registration No. 11764476 (England and Wales)
Divi Engine Limited Unaudited accounts for the year ended 31 January 2023
Divi Engine Limited Unaudited accounts Contents
Page
- 2 -
Divi Engine Limited Company Information for the year ended 31 January 2023
Directors
Peter Wilkinson Amy Wilkinson
Company Number
11764476 (England and Wales)
Registered Office
Church House Llanwenarth Monmouthshire NP7 7EP
Accountants
Wednesday Professional Services Ltd 50 Princes Street Ipswich Suffolk IP1 1RJ
- 3 -
Divi Engine Limited Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
15,000 
17,500 
Tangible assets
11,423 
17,135 
26,423 
34,635 
Current assets
Debtors
720 
720 
Cash at bank and in hand
41,303 
39,348 
42,023 
40,068 
Creditors: amounts falling due within one year
(28,249)
(30,258)
Net current assets
13,774 
9,810 
Net assets
40,197 
44,445 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
40,195 
44,443 
Shareholders' funds
40,197 
44,445 
For the year ending 31 January 2023 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 16 October 2023 and were signed on its behalf by
Peter Wilkinson Director Company Registration No. 11764476
- 4 -
Divi Engine Limited Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
Divi Engine Limited is a private company, limited by shares, registered in England and Wales, registration number 11764476. The registered office is Church House, Llanwenarth, Monmouthshire, NP7 7EP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% on reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Goodwill associated with the incorporation of teh business is written off over 10 years.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 February 2022
25,000 
At 31 January 2023
25,000 
Amortisation
At 1 February 2022
7,500 
Charge for the year
2,500 
At 31 January 2023
10,000 
Net book value
At 31 January 2023
15,000 
At 31 January 2022
17,500 
Goodwill represents the brand value of Divi Engine and the Divi Engine Website transferred into the business upon incorporation.
- 5 -
Divi Engine Limited Notes to the Accounts for the year ended 31 January 2023
5
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2022
22,847 
2,252 
25,099 
At 31 January 2023
22,847 
2,252 
25,099 
Depreciation
At 1 February 2022
5,712 
2,252 
7,964 
Charge for the year
5,712 
- 
5,712 
At 31 January 2023
11,424 
2,252 
13,676 
Net book value
At 31 January 2023
11,423 
- 
11,423 
At 31 January 2022
17,135 
- 
17,135 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
720 
720 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
528 
1,825 
Taxes and social security
27,317 
28,029 
Loans from directors
404 
404 
28,249 
30,258 
8
Transactions with related parties
The Company acquired the rights to trade as Divi Engine and the corresponding web-site and customer list on 14th January 2019 for the sum of £25,000 from Mr Wilkinson, a director. The company began trading using these assets on 1st February 2019.
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).
- 6 -