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REGISTERED NUMBER: 12569571 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 July 2023

for

Design Build Repeat Ltd

Design Build Repeat Ltd (Registered number: 12569571)






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




Page

Statement of Financial Position 1

Notes to the Financial Statements 3


Design Build Repeat Ltd (Registered number: 12569571)

Statement of Financial Position
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 28,332 -

CURRENT ASSETS
Inventories 837,073 -
Debtors 5 1,300,274 1,299,601
Cash at bank 76,582 2,069
2,213,929 1,301,670
CREDITORS
Amounts falling due within one year 6 2,231,252 1,274,690
NET CURRENT (LIABILITIES)/ASSETS (17,323 ) 26,980
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,009

26,980

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 11,007 26,978
SHAREHOLDERS' FUNDS 11,009 26,980

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

Design Build Repeat Ltd (Registered number: 12569571)

Statement of Financial Position - continued
31 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 director and authorised for issue on 23 April 2024 and were signed by:





Mr Abhishek Ganatra - Director


Design Build Repeat Ltd (Registered number: 12569571)

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

1. STATUTORY INFORMATION

Design Build Repeat Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 12569571

Registered office: Wood Cottage Hudnall Common
Little Gaddesden
Berkhamsted
HP4 1QN

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


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
Revenue 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.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing inventories to their present location and condition.

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 statement of financial position date.


Design Build Repeat Ltd (Registered number: 12569571)

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

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

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

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
Additions 37,776
At 31 July 2023 37,776
DEPRECIATION
Charge for year 9,444
At 31 July 2023 9,444
NET BOOK VALUE
At 31 July 2023 28,332

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade debtors 1,287,500 1,287,500
Other debtors 12,774 12,101
1,300,274 1,299,601

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade creditors 14,819 -
Taxation and social security - 6,440
Other creditors 2,216,433 1,268,250
2,231,252 1,274,690