IRIS Accounts Production v23.3.1.45 06307963 Board of Directors 1.8.22 31.7.23 31.7.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh063079632022-07-31063079632023-07-31063079632022-08-012023-07-31063079632021-07-31063079632021-08-012022-07-31063079632022-07-3106307963ns10:Originalns15:EnglandWales2022-08-012023-07-3106307963ns14:PoundSterlingns10:Original2022-08-012023-07-3106307963ns10:Originalns10:Director12022-08-012023-07-3106307963ns10:Original2022-08-012023-07-3106307963ns10:Original2023-07-3106307963ns10:Originalns10:PrivateLimitedCompanyLtd2022-08-012023-07-3106307963ns10:Originalns10:SmallEntities2022-08-012023-07-3106307963ns10:Originalns10:AuditExempt-NoAccountantsReport2022-08-012023-07-3106307963ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-08-012023-07-3106307963ns10:SmallCompaniesRegimeForAccountsns10:Original2022-08-012023-07-3106307963ns10:Originalns10:FullAccounts2022-08-012023-07-3106307963ns10:Originalns10:Director22022-08-012023-07-3106307963ns10:CompanySecretary1ns10:Original2022-08-012023-07-3106307963ns10:Originalns10:RegisteredOffice2022-08-012023-07-3106307963ns10:Original2022-07-3106307963ns10:Originalns5:CurrentFinancialInstruments2023-07-3106307963ns10:Originalns5:CurrentFinancialInstruments2022-07-3106307963ns5:ShareCapitalns10:Original2023-07-3106307963ns5:ShareCapitalns10:Original2022-07-3106307963ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-07-3106307963ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-07-3106307963ns10:Original2021-08-012022-07-3106307963ns10:Originalns5:LeaseholdImprovements2022-07-3106307963ns10:Originalns5:ComputerEquipment2022-07-3106307963ns10:Original2022-07-3106307963ns10:Originalns5:LeaseholdImprovements2022-08-012023-07-3106307963ns10:Originalns5:ComputerEquipment2022-08-012023-07-3106307963ns10:Originalns5:LeaseholdImprovements2023-07-3106307963ns10:Originalns5:ComputerEquipment2023-07-3106307963ns10:Originalns5:LeaseholdImprovements2022-07-3106307963ns10:Originalns5:ComputerEquipment2022-07-3106307963ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-07-3106307963ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-07-31
REGISTERED NUMBER: 06307963 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31st July 2023

for

Damerell Consulting Limited

Damerell Consulting Limited (Registered number: 06307963)

Contents of the Financial Statements
for the Year Ended 31st July 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Damerell Consulting Limited

Company Information
for the Year Ended 31st July 2023







DIRECTORS: W N Damerell
Mrs S Damerell





SECRETARY: Mrs S Damerell





REGISTERED OFFICE: 111 St Michaels Road
Aldershot
Hampshire
GU12 4JW





REGISTERED NUMBER: 06307963 (England and Wales)





ACCOUNTANTS: Whiteleys
Chartered Certified Accountants
Sovereign House
155 High Street
Aldershot
Hampshire
GU11 1TT

Damerell Consulting Limited (Registered number: 06307963)

Balance Sheet
31st July 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 19,856 25,635

CURRENT ASSETS
Debtors 6 19,944 28,565
Cash at bank 7 6,568
19,951 35,133
CREDITORS
Amounts falling due within one year 7 28,201 29,842
NET CURRENT (LIABILITIES)/ASSETS (8,250 ) 5,291
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,606

30,926

PROVISIONS FOR LIABILITIES 364 297
NET ASSETS 11,242 30,629

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 11,240 30,627
SHAREHOLDERS' FUNDS 11,242 30,629

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

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

The directors acknowledge their 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.

Damerell Consulting Limited (Registered number: 06307963)

Balance Sheet - continued
31st July 2023


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 Board of Directors and authorised for issue on 18th January 2024 and were signed on its behalf by:





W N Damerell - Director


Damerell Consulting Limited (Registered number: 06307963)

Notes to the Financial Statements
for the Year Ended 31st July 2023


1. STATUTORY INFORMATION

Damerell Consulting Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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 and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity.

Tangible fixed assets
Tangible fixed assets are carried at cost less accumulated depreciation and accumulated impairment losses.

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over their estimated useful lives as follows:

Leasehold Improvements - over 5 years
Tools and equipment - 25% on reducing balance

On disposal, the difference between the net disposal proceeds and the carrying amount of the item sold is recognised in profit or loss.

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.


Damerell Consulting Limited (Registered number: 06307963)

Notes to the Financial Statements - continued
for the Year Ended 31st July 2023


3. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


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.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and the best estimate, which is an approximation, of the amount that the company would receive for the asset if it were to be sold at the reporting date.

Financial assets and liabilities are offset and the net amount reported in the statement of financial position when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Damerell Consulting Limited (Registered number: 06307963)

Notes to the Financial Statements - continued
for the Year Ended 31st July 2023


3. ACCOUNTING POLICIES - continued

Impairment of non-financial assets
At each reporting date non-financial assets not carried at fair value, like goodwill and plant, property and equipment, are reviewed to determine whether there is an indication that an asset may be impaired. If there is an indication of possible impairment, the recoverable amount of any asset or group of related assets, which is the higher of value in use and the fair value less cost to sell, is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in profit or loss.

If an impairment loss is subsequently reversed, the carrying amount of the asset or group of related assets is increased to the revised estimate of its recoverable amount, but not to exceed the amount that would have been determined had no impairment loss been recognised for the asset or group of related assets in prior periods. A reversal of an impairment loss is recognised immediately in profit or loss.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

5. TANGIBLE FIXED ASSETS
Leasehold Tools and
improvements equipment Totals
£    £    £   
COST
At 1st August 2022 29,903 10,405 40,308
Additions - 991 991
At 31st July 2023 29,903 11,396 41,299
DEPRECIATION
At 1st August 2022 5,981 8,692 14,673
Charge for year 5,980 790 6,770
At 31st July 2023 11,961 9,482 21,443
NET BOOK VALUE
At 31st July 2023 17,942 1,914 19,856
At 31st July 2022 23,922 1,713 25,635

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 19,944 -
Other debtors - 28,565
19,944 28,565

Damerell Consulting Limited (Registered number: 06307963)

Notes to the Financial Statements - continued
for the Year Ended 31st July 2023


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 3,233 -
Trade creditors (1,321 ) 9,543
Taxation and social security 19,285 15,865
Other creditors 7,004 4,434
28,201 29,842