Company Registration No. 11763262 (England and Wales)
DEMPSTECH UK LIMITED
Unaudited accounts
for the year ended 31 January 2024
DEMPSTECH UK LIMITED
Unaudited accounts
Contents
DEMPSTECH UK LIMITED
Company Information
for the year ended 31 January 2024
Company Number
11763262 (England and Wales)
Registered Office
THE DOWNSHIRE, 71 BALDWINS LANE
CROXLEY GREEN
RICKMANSWORTH
HERTS
WD3 3LT
UNITED KINGDOM
Accountants
Dempsey & Co
The Downshire
71 Baldwins Lane Croxley Green
Rickmansworth
Herts
WD3 3LT
DEMPSTECH UK LIMITED
Statement of financial position
as at 31 January 2024
Tangible assets
5,238
4,192
Cash at bank and in hand
10,300
31,418
Creditors: amounts falling due within one year
(6,774)
(31,562)
Net current assets
8,868
3,609
Total assets less current liabilities
14,106
7,801
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
13,011
6,905
Shareholders' funds
13,111
7,005
For the year ending 31 January 2024 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 his 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 12 March 2024 and were signed on its behalf by
Mr S Dempsey
Director
Company Registration No. 11763262
DEMPSTECH UK LIMITED
Notes to the Accounts
for the year ended 31 January 2024
DEMPSTECH UK LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11763262. The registered office is THE DOWNSHIRE, 71 BALDWINS LANE, CROXLEY GREEN, RICKMANSWORTH, HERTS, WD3 3LT, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Computer equipment
25% reducing balance
Deferred taxation is provided in respect of the tax effect of all timing differences at the rates of tax expected to apply when the timing differences reverse.
These financial statements have been prepared on a going concern basis.
DEMPSTECH UK LIMITED
Notes to the Accounts
for the year ended 31 January 2024
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
2,875
3,285
Loans from directors
2,915
23,752
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).