Company Registration No. 09445840 (England and Wales)
Dilettantism Limited
Unaudited accounts
for the year ended 31 March 2024
Dilettantism Limited
Unaudited accounts
Contents
Dilettantism Limited
Statement of financial position
as at 31 March 2024
Tangible assets
43,698
6,477
Cash at bank and in hand
58,045
14,617
Creditors: amounts falling due within one year
(83,698)
(35,463)
Net current liabilities
(10,955)
(1,640)
Total assets less current liabilities
32,743
4,837
Creditors: amounts falling due after more than one year
(2,302)
(3,605)
Called up share capital
100
100
Profit and loss account
30,341
1,132
Shareholders' funds
30,441
1,232
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 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 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 of Directors and authorised for issue on 18 September 2024 and were signed on its behalf by
Travis Mooney
Director
Company Registration No. 09445840
Dilettantism Limited
Notes to the Accounts
for the year ended 31 March 2024
Dilettantism Limited is a private company, limited by shares, registered in England and Wales, registration number 09445840. The registered office is Exeter Mews, Off West Hampstead Mews, London, NW6 3AX.
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.
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 rendering of services is recognised on a percentage degree of completion basis
calculated by reference to the time expended compared to the total anticipated time.
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:
Land & buildings
21% - over the remaining term of the lease
Plant & machinery
25% on a straight line basis
Motor vehicles
20% on a straight line basis
Computer equipment
33% on a straight line basis
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2023
9,924
3,306
-
8,148
21,378
Additions
-
-
40,367
930
41,297
At 31 March 2024
9,924
3,306
40,367
9,078
62,675
At 1 April 2023
7,629
1,925
-
5,347
14,901
Charge for the year
1,911
433
66
1,666
4,076
At 31 March 2024
9,540
2,358
66
7,013
18,977
At 31 March 2024
384
948
40,301
2,065
43,698
At 31 March 2023
2,295
1,381
-
2,801
6,477
Dilettantism Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Amounts due from group undertakings etc.
888
-
Accrued income and prepayments
2,383
6,554
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
14,441
10,600
Trade creditors
11,037
3,578
Taxes and social security
19,490
17,702
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Creditors: amounts falling due after more than one year
2024
2023
Creditors falling due after one year, of which £4,588 is payable after 5 years, are unsecured.
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Average number of employees
During the year the average number of employees was 0 (2023: 0).