1 April 2023 false No description of principal activity Taxfiler 2024.4 08933114business:PrivateLimitedCompanyLtd2023-04-012024-03-31 089331142023-03-31 089331142023-04-012024-03-31 08933114business:AuditExemptWithAccountantsReport2023-04-012024-03-31 08933114business:FilletedAccounts2023-04-012024-03-31 089331142024-03-31 08933114business:Director12023-04-012024-03-31 08933114business:RegisteredOffice2023-04-012024-03-31 089331142023-03-31 08933114core:WithinOneYear2024-03-31 08933114core:WithinOneYear2023-03-31 08933114core:AfterOneYear2024-03-31 08933114core:AfterOneYear2023-03-31 08933114core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 08933114core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 08933114core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 08933114core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 08933114core:PreviouslyStatedAmount2024-03-31 08933114core:PreviouslyStatedAmount2023-03-31 08933114business:SmallEntities2023-04-012024-03-31 08933114countries:EnglandWales2023-04-012024-03-31 08933114core:PlantMachinery2023-04-012024-03-31 08933114core:PlantMachinery2023-03-31 08933114core:PlantMachinery2024-03-31 089331142022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 08933114 (England and Wales)
DEM Autopaint Limited Unaudited accounts for the year ended 31 March 2024
DEM Autopaint Limited Unaudited accounts Contents
Page
- 2 -
DEM Autopaint Limited Company Information for the year ended 31 March 2024
Director
Stephen Drew
Company Number
08933114 (England and Wales)
Registered Office
2 BARROWBY LANE LEEDS LS15 8PT
Accountants
Neil Gallagher GG Accounting Solutions Limited 77 Willans Avenue Leeds LS26 0NF
- 3 -
DEM Autopaint Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
24,182 
22,992 
Current assets
Debtors
16,914 
16,498 
Cash at bank and in hand
37,034 
31,558 
53,948 
48,056 
Creditors: amounts falling due within one year
(14,868)
(12,015)
Net current assets
39,080 
36,041 
Total assets less current liabilities
63,262 
59,033 
Creditors: amounts falling due after more than one year
(2,698)
(12,698)
Net assets
60,564 
46,335 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
60,464 
46,235 
Shareholders' funds
60,564 
46,335 
For the year ending 31 March 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 7 August 2024 and were signed on its behalf by
Stephen Drew Director Company Registration No. 08933114
- 4 -
DEM Autopaint Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
DEM Autopaint Limited is a private company, limited by shares, registered in England and Wales, registration number 08933114. The registered office is 2 BARROWBY LANE, LEEDS, LS15 8PT.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Plant & machinery
20% straight line
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2023
49,866 
Additions
8,700 
At 31 March 2024
58,566 
Depreciation
At 1 April 2023
26,874 
Charge for the year
7,510 
At 31 March 2024
34,384 
Net book value
At 31 March 2024
24,182 
At 31 March 2023
22,992 
- 5 -
DEM Autopaint Limited Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
333 
774 
Trade debtors
16,581 
11,814 
Other debtors
- 
3,910 
16,914 
16,498 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
Taxes and social security
4,118 
2,015 
Loans from directors
750 
- 
14,868 
12,015 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
2,698 
12,698 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 6 -