DESMESI LIMITED

Company Registration Number:
10966450 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2023

Period of accounts

Start date: 1 October 2022

End date: 30 September 2023

DESMESI LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2023

Balance sheet
Additional notes
Balance sheet notes

DESMESI LIMITED

Balance sheet

As at 30 September 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 11,537 8,777
Total fixed assets: 11,537 8,777
Current assets
Debtors: 4 4,224 4,719
Cash at bank and in hand: 46,134 17,787
Total current assets: 50,358 22,506
Creditors: amounts falling due within one year: 5 ( 11,503 ) ( 3,514 )
Net current assets (liabilities): 38,855 18,992
Total assets less current liabilities: 50,392 27,769
Total net assets (liabilities): 50,392 27,769
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 50,391 27,768
Total Shareholders' funds: 50,392 27,769

The notes form part of these financial statements

DESMESI LIMITED

Balance sheet statements

For the year ending 30 September 2023 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.

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

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

This report was approved by the board of directors on 27 November 2023
and signed on behalf of the board by:

Name: Andrea Cristofaro
Status: Director

The notes form part of these financial statements

DESMESI LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    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, net of discounts and value added taxes.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Office equipment - over 3 years, Fixtures and fittings - over 10 years, Plant and machinery - over 4 years.

    Other accounting policies

    Debtors - Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.Creditors - Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.Taxation - A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.Foreign currency translation - Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.Pensions - Contributions to defined contribution plans are expensed in the period to which they relate.

DESMESI LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 1 1

DESMESI LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 October 2022 1,416 8,572 5,139 15,127
Additions 5,294 5,294
Disposals ( 5,139 ) ( 5,139 )
Revaluations
Transfers
At 30 September 2023 1,416 8,572 5,294 15,282
Depreciation
At 1 October 2022 354 857 5,139 6,350
Charge for year 354 857 1,323 2,534
On disposals ( 5,139 ) ( 5,139 )
Other adjustments
At 30 September 2023 708 1,714 1,323 3,745
Net book value
At 30 September 2023 708 6,858 3,971 11,537
At 30 September 2022 1,062 7,715 0 8,777

DESMESI LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

4. Debtors

2023 2022
£ £
Other debtors 4,224 4,719
Total 4,224 4,719

DESMESI LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Taxation and social security 8,288 1,914
Other creditors 3,215 1,600
Total 11,503 3,514