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Company Registration No. 11632459 (England and Wales)
Divit Beauty Ltd Unaudited accounts for the year ended 31 December 2023
Divit Beauty Ltd Unaudited accounts Contents
Page
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Divit Beauty Ltd Company Information for the year ended 31 December 2023
Director
Hetal Chiragkumar Patel
Company Number
11632459 (England and Wales)
Registered Office
1 Jackson Road Hucknall Nottingham NG15 7QW United Kingdom
Accountants
Mamta Services Ltd 43 Cody Close Kenton Harrow HA3 9ES
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Divit Beauty Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
81,858 
1,328 
Current assets
Inventories
933,700 
570,500 
Debtors
213,864 
(33,745)
Cash at bank and in hand
(15,283)
(9,202)
1,132,281 
527,553 
Creditors: amounts falling due within one year
(719,857)
(396,247)
Net current assets
412,424 
131,306 
Total assets less current liabilities
494,282 
132,634 
Creditors: amounts falling due after more than one year
(236,526)
(38,899)
Net assets
257,756 
93,735 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
257,755 
93,734 
Shareholders' funds
257,756 
93,735 
For the year ending 31 December 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 her 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 4 March 2024 and were signed on its behalf by
Hetal Chiragkumar Patel Director Company Registration No. 11632459
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Divit Beauty Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Divit Beauty Ltd is a private company, limited by shares, registered in England and Wales, registration number 11632459. The registered office is 1 Jackson Road, Hucknall, Nottingham, NG15 7QW, 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. All foreign currency transactions are recorded considering exchange rate on the date of transactions. Balance at the end of year is valued at the exchange rate of the balance sheet date.
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:
Land & buildings
2
Plant & machinery
20
Motor vehicles
18
Fixtures & fittings
25
Computer equipment
25
Other tangible fixed assets
20
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2023
2,542 
- 
- 
2,542 
Additions
- 
38,397 
63,800 
102,197 
At 31 December 2023
2,542 
38,397 
63,800 
104,739 
Depreciation
At 1 January 2023
1,214 
- 
- 
1,214 
Charge for the year
234 
5,872 
15,561 
21,667 
At 31 December 2023
1,448 
5,872 
15,561 
22,881 
Net book value
At 31 December 2023
1,094 
32,525 
48,239 
81,858 
At 31 December 2022
1,328 
- 
- 
1,328 
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Divit Beauty Ltd Notes to the Accounts for the year ended 31 December 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
213,864 
(33,745)
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
5,208 
20,929 
Trade creditors
409,015 
285,296 
Taxes and social security
62,029 
22,701 
Other creditors
1,757 
- 
Loans from directors
224,955 
53,506 
Accruals
16,893 
13,815 
719,857 
396,247 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
29,099 
38,899 
Other creditors
207,427 
- 
236,526 
38,899 
8
Transactions with related parties
During the year £ 30000 remuneration and £900 pension contribution is paid to Mr. Chirag Patel who is spouse of the director.
9
Average number of employees
During the year the average number of employees was 7 (2022: 6).
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