DENAK MANAGEMENT LIMITED

Company Registration Number:
12244815 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

DENAK MANAGEMENT LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2023

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

DENAK MANAGEMENT LIMITED

Company Information

for the Period Ended 31 October 2023




Director: DORINE MASATIA NAKUTI
Registered office: 128
City Road
London
GBR
EC1V 2NX
Company Registration Number: 12244815 (England and Wales)

DENAK MANAGEMENT LIMITED

Directors' Report Period Ended 31 October 2023

The directors present their report with the financial statements of the company for the period ended 31 October 2023

Principal Activities

Buying and selling of own real estate and Other letting and operating of own or leased real estate

Political and charitable donations

No political or charitable donation was made during the period.

Company policy on the employment of disabled persons

The company has a non discriminatory policy and work environment.

Directors

The directors shown below have held office during the whole of the period from 01 November 2022 to 31 October 2023
DORINE MASATIA NAKUTI

This report was approved by the board of directors on 25 January 2024
And Signed On Behalf Of The Board By:

Name: DORINE MASATIA NAKUTI
Status: Director

DENAK MANAGEMENT LIMITED

Profit and Loss Account

for the Period Ended 31 October 2023


Notes

2023
£

2022
£
Turnover 122,299 190,182
Cost of sales ( 45,176 ) ( 31,458 )
Gross Profit or (Loss) 77,123 158,724
Administrative Expenses ( 57,321 ) ( 141,538 )
Operating Profit or (Loss) 19,802 17,186
Profit or (Loss) Before Tax 19,802 17,186
Profit or (Loss) for Period 19,802 17,186

The notes form part of these financial statements

DENAK MANAGEMENT LIMITED

Balance sheet

As at 31 October 2023


Notes

2023
£

2022
£
Fixed assets
Total fixed assets: - -
Current assets
Debtors: 4 72,324 69,879
Cash at bank and in hand: 13,345 3,941
Total current assets: 85,669 73,820
Creditors: amounts falling due within one year: 5 ( 5,250 ) ( 2,555 )
Net current assets (liabilities): 80,419 71,265
Total assets less current liabilities: 80,419 71,265
Creditors: amounts falling due after more than one year: 6 ( 29,703 ) ( 40,352 )
Total net assets (liabilities): 50,716 30,913

The notes form part of these financial statements

DENAK MANAGEMENT LIMITED

Balance sheet continued

As at 31 October 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 50,715 30,912
Shareholders funds: 50,716 30,913

For the year ending 31 October 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 25 January 2024
And Signed On Behalf Of The Board By:

Name: DORINE MASATIA NAKUTI
Status: Director

The notes form part of these financial statements

DENAK MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 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

    Turnover policy

    Turnover is income from rent invoiced to clients net of any VAT where applicable.

DENAK MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

DENAK MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 3. Off balance sheet disclosure

    No

DENAK MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Debtors


2023
£

2022
£
Trade debtors 0 0
Prepayments and accrued income 28,889 28,889
Other debtors 43,435 40,990
Total 72,324 69,879
Debtors due after more than one year: 29,703 40,352

The debtors include loan from Directors of £43,435 and rental deposits of £28,889 .

The debtors due after more than one year is a long term bank loan.

DENAK MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

5.Creditors: amounts falling due within one year note


2023
£

2022
£
Taxation and social security 3,500 1,055
Accruals and deferred income 1,750 1,500
Total 5,250 2,555

Debtors due within one year is made up of Corporation Tax liability of £3,500 and Accruals of £1,750 (2023) and Corporation Tax liability of £1,055 and Accruals of £1,500 (2022).

DENAK MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

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


2023
£

2022
£
Bank loans and overdrafts 29,703 40,352
Total 29,703 40,352

The debtors after more than one year are made up of a long-term Bank Loan