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Company Registration No. 11707686 (England and Wales)
DESPO LTD Unaudited accounts for the year ended 31 March 2023
DESPO LTD Unaudited accounts Contents
Page
- 2 -
DESPO LTD Company Information for the year ended 31 March 2023
Director
D N Mejuobi
Company Number
11707686 (England and Wales)
Registered Office
280 MARK HOUSE ROAD LONDON E17 8EF UNITED KINGDOM
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DESPO LTD Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
10,002 
10,495 
Creditors: amounts falling due within one year
(150)
- 
Net current assets
9,852 
10,495 
Total assets less current liabilities
9,852 
10,495 
Creditors: amounts falling due after more than one year
(9,999)
(10,494)
Net (liabilities)/assets
(147)
1 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(148)
- 
Shareholders' funds
(147)
1 
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 1 December 2023 and were signed on its behalf by
D N Mejuobi Director Company Registration No. 11707686
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DESPO LTD Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
DESPO LTD is a private company, limited by shares, registered in England and Wales, registration number 11707686. The registered office is 280 MARK HOUSE ROAD, LONDON, E17 8EF, UNITED KINGDOM.
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.
4
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Loans from directors
150 
- 
5
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
9,999 
10,494 
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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