11672191 2022-12-01 2023-11-30 11672191 uk-bus:Director1 2022-12-01 2023-11-30 11672191 uk-bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 11672191 uk-bus:Micro-entities 2022-12-01 2023-11-30 11672191 uk-bus:FullAccounts 2022-12-01 2023-11-30 11672191 uk-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 11672191 curr:PoundSterling 2022-12-01 2023-11-30 11672191 2022-12-01 11672191 2023-11-30 11672191 2023-11-30 11672191 2021-12-01 2022-11-30 11672191 2022-11-30 xbrli:pure iso4217:GBP 11672191 2021-12-01 2022-11-30
Company Registration Number : 11672191 (England and Wales)
11672191
The company was trading for the entire period
false
The accounts were prepared in accordance with FRS102
The accounts have been audited
Full Accounts
This company is a private limited company
This company sells stuff to other companies
2023-11-30
DIRECT BARGAINS LTD
Katerina Ivanova TODOROVA
2022-12-01
DIRECT BARGAINS LTD
Contents
For the year ended 30 November 2023

CONTENTS PAGE
Company Information 3
Director's Report 4
Accountant's Report 5
Income Statement 6
Statement of Financial Position 7
Detailed Income Statement 8

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DIRECT BARGAINS LTD
Company Information
For the year ended 30 November 2023

Director Katerina Ivanova TODOROVA
Company number 11672191

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DIRECT BARGAINS LTD
Director's Report
For the year ended 30 November 2023

The director presents his/her report and the Unaudited Financial Statements of the company for the year ended 30 November 2023.
Director of the company
The following directors held office during the whole of the period:
Statement of director's responsibilities
The directors are responsible for preparing the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare such financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), FRS 105.
Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to;
-select suitable accounting policies and then apply them consistently;
-make judgements and accounting estimates that are reasonable and prudent;and
-prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Signed on behalf of the board of directors
..........................................
Katerina Ivanova TODOROVA (Director)
Approved by the board on:
2024-08-23 23 August 2024

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DIRECT BARGAINS LTD
Accountant's Report
For the year ended 30 November 2023

Accountant's Report to the board of directors on the preparation of the unaudited statutory accounts of DIRECT BARGAINS LTD for the year ended 30 November 2023.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of DIRECT BARGAINS LTD for the year ended 30 November 2023.

We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on these financial statements.

You have determined that the company is exempt from the statutory requirement for an audit for this accounting year. Therefore, the financial statements are unaudited.

The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
2024-08-23 Date: 23 August 2024

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DIRECT BARGAINS LTD
Income Statement
For the year ended 30 November 2023

2023
£
Turnover 29,337
Cost of sales (9,439)
Staff costs (19,000)
Other charges (486)
Profit/(Loss) 413

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DIRECT BARGAINS LTD
Statement of Financial Position
For the year ended 30 November 2023

2023-11-30
2023
£
Current assets 7,348
Creditors: Amounts falling due within one year (6,935)
Net current assets/(liabilities) 413
Total assets less current liabilities 413
Net assets/(liabilities) 413
Capital and reserves 413
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 46 Baltimore Road, Birmingham, B42 1QN.

2 Average number of employees
During the year, the average number of employees including director was 0 .
For the year ending 30/11/2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • For the year ending 30 November 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 director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. 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 in accordance with the micro-entity provisions of the Companies Act 2006 and FRS105, The Financial Reporting Standard applicable to the Micro-entities Regime.
Approved by the board of directors on 2024-08-23 23 August 2024 and signed on behalf of the board by:
.............................
Katerina Ivanova TODOROVA (Director)
Company registration number. 11672191

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DIRECT BARGAINS LTD
Detailed Income Statement
For the year ended 30 November 2023

This section does not form part of the statutory accounts.

2023
£
Turnover 29,337
Less: Cost of sales
Purchases 6,666
Materials - Cost of Sale 2,772
9,438
Gross profit/(loss)
19,899 19,899
Less: Staff costs
Employee Salary Expense 19,000
19,000
Less: Administrative expenses
Telephone and Internet 413
Bank Fees 72
486
Net profit/(loss) for the year before tax
413 413
Net profit/(loss) for the year after tax 413

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