Company Registration No. 11170358 (England and Wales)
Destan Group Ltd
Unaudited accounts
for the year ended 31 March 2023
Destan Group Ltd
Unaudited accounts
Contents
Destan Group Ltd
Company Information
for the year ended 31 March 2023
Company Number
11170358 (England and Wales)
Registered Office
c/o 11a Park Street
Camberley
Surrey
GU15 3PQ
Accountants
Ping Accounting Ltd
11a Park Street
Camberley
Surrey
GU15 3PQ
Destan Group Ltd
Statement of financial position
as at 31 March 2023
Cash at bank and in hand
199,987
135,678
Creditors: amounts falling due within one year
(228,354)
(145,787)
Net current assets
25,793
5,681
Called up share capital
170
170
Profit and loss account
25,919
5,956
Shareholders' funds
26,089
6,126
For the year ending 31 March 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 director acknowledges his 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 and authorised for issue on 5 October 2023 and were signed on its behalf by
Mr David Codling
Director
Company Registration No. 11170358
Destan Group Ltd
Notes to the Accounts
for the year ended 31 March 2023
Destan Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 11170358. The registered office is c/o 11a Park Street, Camberley, Surrey, GU15 3PQ.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Computer equipment
33% Straight Line
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2022
161
1,631
1,792
At 31 March 2023
161
1,631
1,792
At 1 April 2022
83
1,264
1,347
Charge for the year
16
133
149
At 31 March 2023
99
1,397
1,496
At 31 March 2023
62
234
296
At 31 March 2022
78
367
445
Amounts falling due within one year
Trade debtors
13,410
15,540
Accrued income and prepayments
40,500
-
Destan Group Ltd
Notes to the Accounts
for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
43,180
24,825
Other creditors
74,002
30,500
Loans from directors
100,219
79,833
Allotted, called up and fully paid:
170 Ordinary shares of £1 each
170
170
The Directors Loan Account has a balance of £79,833 Credit.
9
Average number of employees
During the year the average number of employees was 3 (2022: 2).