DEMISOLA LIMITED

Company Registration Number:
08406515 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

DEMISOLA LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

DEMISOLA LIMITED

Company Information

for the Period Ended 28 February 2023




Director: Abidemi Danjuma Afolabi
Registered office: 20
Ascot Gardens
Leeds
England
LS10 4UQ
Company Registration Number: 08406515 (England and Wales)

DEMISOLA LIMITED

Directors' Report Period Ended 28 February 2023

The directors present their report with the financial statements of the company for the period ended 28 February 2023

Directors

The directors shown below have held office during the whole of the period from 01 March 2022 to 28 February 2023
Abidemi Danjuma Afolabi

This report was approved by the board of directors on 29 November 2023
And Signed On Behalf Of The Board By:

Name: Abidemi Danjuma Afolabi
Status: Director

DEMISOLA LIMITED

Profit and Loss Account

for the Period Ended 28 February 2023


Notes

2023
£

2022
£
Turnover - 10,377
Cost of sales - ( 5,362 )
Gross Profit or (Loss) - 5,015
Administrative Expenses ( 1,965 ) ( 14,105 )
Operating Profit or (Loss) ( 1,965 ) ( 9,090 )
Profit or (Loss) Before Tax ( 1,965 ) ( 9,090 )
Profit or (Loss) for Period ( 1,965 ) ( 9,090 )

The notes form part of these financial statements

DEMISOLA LIMITED

Balance sheet

As at 28 February 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 720
Total fixed assets: 720
Current assets
Debtors: 4 829
Cash at bank and in hand: 370
Total current assets: 1,199
Net current assets (liabilities): 1,199
Total assets less current liabilities: 1,919
Creditors: amounts falling due after more than one year: 5 ( 9,546 ) ( 9,500 )
Total net assets (liabilities): ( 9,546 ) ( 7,581 )

The notes form part of these financial statements

DEMISOLA LIMITED

Balance sheet continued

As at 28 February 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: ( 9,547 ) ( 7,582 )
Shareholders funds: ( 9,546 ) ( 7,581 )

For the year ending 28 February 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.

This report was approved by the board of directors on 29 November 2023
And Signed On Behalf Of The Board By:

Name: Abidemi Danjuma Afolabi
Status: Director

The notes form part of these financial statements

DEMISOLA LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 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

DEMISOLA LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

DEMISOLA LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 3. Off balance sheet disclosure

    No

DEMISOLA LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Debtors


2023
£

2022
£
Other debtors 829
Total 829

DEMISOLA LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

5.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 9,546 9,500
Total 9,546 9,500