1 April 2023 v2024.39.1 limited_company_frs_102_section_1a_v1_1_1 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP134803732023-04-012024-03-31134803732024-03-31134803732023-03-3113480373core:WithinOneYear2024-03-3113480373core:WithinOneYear2023-03-3113480373core:ShareCapital2024-03-3113480373core:ShareCapital2023-03-3113480373core:RetainedEarningsAccumulatedLosses2024-03-3113480373core:RetainedEarningsAccumulatedLosses2023-03-3113480373bus:Director12023-04-012024-03-3113480373bus:RegisteredOffice2023-04-012024-03-31134803732022-04-012023-03-311348037312023-04-012024-03-3113480373countries:EnglandWales2023-04-012024-03-3113480373bus:AuditExemptWithAccountantsReport2023-04-012024-03-3113480373bus:PrivateLimitedCompanyLtd2023-04-012024-03-3113480373bus:SmallEntities2023-04-012024-03-3113480373bus:FullAccounts2023-04-012024-03-31
Company registration number:
13480373
Dermamews Limited
Unaudited Filleted Financial Statements for the year ended
31 March 2024
Dermamews Limited
Statement of Financial Position
31 March 2024
20242023
Note££
Current assets    
Debtors 5
533
 
5,748
 
Cash at bank and in hand
38,058
 
21,523
 
38,591
 
27,271
 
Creditors: amounts falling due within one year 6
(11,657
)
(12,525
)
Net current assets
26,934
 
14,746
 
Total assets less current liabilities 26,934   14,746  
Capital and reserves    
Called up share capital
100
 
100
 
Profit and loss account
26,834
 
14,646
 
Shareholders funds
26,934
 
14,746
 
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.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
19 August 2024
, and are signed on behalf of the board by:
Dr Y Abdalla
Director
Company registration number:
13480373
Dermamews Limited
Notes to the Financial Statements
Year ended
31 March 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
12 Tangmere Avenue
,
Heywood
,
OL10 2WA
, England.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business.
Revenue from the provision of professional services is recognised when the work has been performed.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.
The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

4 Average number of employees

The average number of persons employed by the company during the year was
1
(2023:
1
).

5 Debtors

20242023
££
Trade debtors -  
5,480
 
Other debtors
533
 
268
 
533
 
5,748
 

6 Creditors: amounts falling due within one year

20242023
££
Taxation and social security
3,093
 
3,346
 
Other creditors
8,564
 
9,179
 
11,657
 
12,525