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Company Registration No. 08570917 (England and Wales)
Daffodil Cosmeceuticals Ltd Unaudited accounts for the year ended 30 June 2023
Daffodil Cosmeceuticals Ltd Unaudited accounts Contents
Page
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Daffodil Cosmeceuticals Ltd Company Information for the year ended 30 June 2023
Director
Iveta HOLILANDE
Company Number
08570917 (England and Wales)
Registered Office
13 John Princes Street 2nd Floor London W1G 0JR
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Daffodil Cosmeceuticals Ltd Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
8,740 
15,043 
Tangible assets
5,912 
2,774 
Investments
739,838 
- 
754,490 
17,817 
Current assets
Inventories
6,553 
- 
Debtors
1,141,456 
2,064,293 
Cash at bank and in hand
319,204 
389,489 
1,467,213 
2,453,782 
Creditors: amounts falling due within one year
(379,381)
(455,860)
Net current assets
1,087,832 
1,997,922 
Total assets less current liabilities
1,842,322 
2,015,739 
Creditors: amounts falling due after more than one year
(1,798,950)
(1,995,254)
Net assets
43,372 
20,485 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
43,272 
20,385 
Shareholders' funds
43,372 
20,485 
For the year ending 30 June 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 28 March 2024 and were signed on its behalf by
Iveta HOLILANDE Director Company Registration No. 08570917
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Daffodil Cosmeceuticals Ltd Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
Daffodil Cosmeceuticals Ltd is a private company, limited by shares, registered in England and Wales, registration number 08570917. The registered office is 13 John Princes Street, 2nd Floor, London, W1G 0JR.
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:
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 July 2022
21,945 
Additions
34,810 
At 30 June 2023
56,755 
Amortisation
At 1 July 2022
6,902 
Charge for the year
41,113 
At 30 June 2023
48,015 
Net book value
At 30 June 2023
8,740 
At 30 June 2022
15,043 
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Daffodil Cosmeceuticals Ltd Notes to the Accounts for the year ended 30 June 2023
5
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2022
- 
10,067 
10,067 
Additions
6,086 
- 
6,086 
At 30 June 2023
6,086 
10,067 
16,153 
Depreciation
At 1 July 2022
- 
7,293 
7,293 
Charge for the year
1,025 
1,923 
2,948 
At 30 June 2023
1,025 
9,216 
10,241 
Net book value
At 30 June 2023
5,061 
851 
5,912 
At 30 June 2022
- 
2,774 
2,774 
6
Investments
Other investments 
£ 
Valuation at 1 July 2022
- 
Additions
739,838 
Valuation at 30 June 2023
739,838 
7
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
770,429 
1,860,763 
Accrued income and prepayments
309 
- 
Other debtors
370,718 
203,530 
1,141,456 
2,064,293 
8
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
310,813 
321,868 
Taxes and social security
25,562 
24,257 
Proposed dividends
35,467 
68,350 
Other creditors
3,187 
35,467 
Accruals
4,352 
5,918 
379,381 
455,860 
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Daffodil Cosmeceuticals Ltd Notes to the Accounts for the year ended 30 June 2023
9
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Trade creditors
291,309 
293,457 
Other creditors
1,507,641 
1,701,797 
1,798,950 
1,995,254 
10
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
99 Ordinary shares of £1 each
99 
99 
100 
100 
11
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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