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REGISTERED NUMBER: 12170568 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

FOR

DESTON MANAGEMENT LTD

DESTON MANAGEMENT LTD (REGISTERED NUMBER: 12170568)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


DESTON MANAGEMENT LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2023







DIRECTOR: Ms D Aslanyan





REGISTERED OFFICE: Michelin House
81 Fulham Road
London
SW3 6RD





REGISTERED NUMBER: 12170568 (England and Wales)





ACCOUNTANTS: x5 Xeinadin Group
2 Upperton Gardens
Eastbourne
East Sussex
BN21 2AH

DESTON MANAGEMENT LTD (REGISTERED NUMBER: 12170568)

BALANCE SHEET
31 AUGUST 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 79,473 99,192

CURRENT ASSETS
Debtors 5 42,240 347,254
Prepayments and accrued income 199,881 261,451
Cash at bank 226,649 155,211
468,770 763,916
CREDITORS
Amounts falling due within one year 6 163,986 233,795
NET CURRENT ASSETS 304,784 530,121
TOTAL ASSETS LESS CURRENT
LIABILITIES

384,257

629,313

CAPITAL AND RESERVES
Called up share capital 1,001 1,001
Share premium 250,000 250,000
Retained earnings 133,256 378,312
384,257 629,313

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 April 2024 and were signed by:




Ms D Aslanyan - Director


DESTON MANAGEMENT LTD (REGISTERED NUMBER: 12170568)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1. STATUTORY INFORMATION

Deston Management Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax has not been recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. The directors do not believe that this is necessary and accept this accounting treatment does not comply with Financial Reporting Standard 102.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2022 - 12 ) .

DESTON MANAGEMENT LTD (REGISTERED NUMBER: 12170568)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 September 2022 12,074 109,591 15,298 136,963
Additions 4,160 - 2,612 6,772
At 31 August 2023 16,234 109,591 17,910 143,735
DEPRECIATION
At 1 September 2022 4,663 27,398 5,710 37,771
Charge for year 2,893 20,548 3,050 26,491
At 31 August 2023 7,556 47,946 8,760 64,262
NET BOOK VALUE
At 31 August 2023 8,678 61,645 9,150 79,473
At 31 August 2022 7,411 82,193 9,588 99,192

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 302,754
Other debtors 42,240 44,500
42,240 347,254

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 10,031 10,712
Taxation and social security 146,725 216,564
Other creditors 7,230 6,519
163,986 233,795

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is O.Lutsenko by virtue of her shareholding.