2 false false false false false false false false false false true false false false false false false No description of principal activity 2023-09-18 Sage Accounts Production Advanced 2024 - FRS102_2024 250 250 21 21 229 xbrli:pure xbrli:shares iso4217:GBP 15144507 2023-09-18 2024-03-31 15144507 2024-03-31 15144507 2023-09-17 15144507 bus:Director1 2023-09-18 2024-03-31 15144507 core:WithinOneYear 2024-03-31 15144507 core:ShareCapital 2024-03-31 15144507 core:RetainedEarningsAccumulatedLosses 2024-03-31 15144507 bus:SmallEntities 2023-09-18 2024-03-31 15144507 bus:AuditExemptWithAccountantsReport 2023-09-18 2024-03-31 15144507 bus:SmallCompaniesRegimeForAccounts 2023-09-18 2024-03-31 15144507 bus:PrivateLimitedCompanyLtd 2023-09-18 2024-03-31 15144507 bus:FullAccounts 2023-09-18 2024-03-31 15144507 core:OfficeEquipment 2023-09-18 2024-03-31 15144507 core:OfficeEquipment 2024-03-31 15144507 core:KeyManagementPersonnel 2023-09-18 2024-03-31
COMPANY REGISTRATION NUMBER: 15144507
De Beauvoir Restoration Ltd
Filleted Unaudited Financial Statements
31 March 2024
De Beauvoir Restoration Ltd
Financial Statements
Period from 18 September 2023 to 31 March 2024
Contents
Page
Statement of financial position
1
Notes to the financial statements
3
De Beauvoir Restoration Ltd
Statement of Financial Position
31 March 2024
31 Mar 24
Note
£
Fixed assets
Tangible assets
5
229
Current assets
Debtors
6
2,370
Cash at bank and in hand
40,964
--------
43,334
Creditors: amounts falling due within one year
7
24,961
--------
Net current assets
18,373
--------
Total assets less current liabilities
18,602
--------
Net assets
18,602
--------
Capital and reserves
Called up share capital
1
Profit and loss account
18,601
--------
Shareholders funds
18,602
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the period ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
De Beauvoir Restoration Ltd
Statement of Financial Position (continued)
31 March 2024
These financial statements were approved by the board of directors and authorised for issue on 20 October 2024 , and are signed on behalf of the board by:
Mr J P McGoldrick
Director
Company registration number: 15144507
De Beauvoir Restoration Ltd
Notes to the Financial Statements
Period from 18 September 2023 to 31 March 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Camburgh House, 27 New Dover Road, Canterbury, Kent, CT1 3DN, United Kingdom.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the 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 entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. 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.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment
-
25% straight line
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.
4. Employee numbers
The average number of persons employed by the company during the period amounted to 2 .
5. Tangible assets
Equipment
£
Cost
At 18 September 2023
Additions
250
----
At 31 March 2024
250
----
Depreciation
At 18 September 2023
Charge for the period
21
----
At 31 March 2024
21
----
Carrying amount
At 31 March 2024
229
----
6. Debtors
31 Mar 24
£
Other debtors
2,370
-------
7. Creditors: amounts falling due within one year
31 Mar 24
£
Trade creditors
3,430
Corporation tax
6,022
Social security and other taxes
3,954
Other creditors
11,555
--------
24,961
--------
8. Related party transactions
At the period end the company owed the directors £8,751.