DIVAN BEDS LTD

Company Registration Number:
10547286 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2024

Period of accounts

Start date: 01 February 2023

End date: 31 January 2024

DIVAN BEDS LTD

Contents of the Financial Statements

for the Period Ended 31 January 2024

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

DIVAN BEDS LTD

Company Information

for the Period Ended 31 January 2024




Director: ASIF HABIB
Registered office: 151 Building 45
Hopton Road
Woolwich
London
GBR
SE18 6TL
Company Registration Number: 10547286 (England and Wales)

DIVAN BEDS LTD

Directors' Report Period Ended 31 January 2024

The directors present their report with the financial statements of the company for the period ended 31 January 2024

Directors

The director(s) shown below were appointed to the company during the period
ASIF HABIB
01 February 2023

This report was approved by the board of directors on 24 October 2024
And Signed On Behalf Of The Board By:

Name: ASIF HABIB
Status: Director

DIVAN BEDS LTD

Balance sheet

As at 31 January 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 246,750 200,250
Total fixed assets: 246,750 200,250
Current assets
Stocks: 76,266 32,770
Debtors: 62,601 50,300
Cash at bank and in hand: 50,000 10,000
Total current assets: 188,867 93,070
Creditors: amounts falling due within one year: ( 237,910 ) ( 118,120 )
Net current assets (liabilities): ( 49,043 ) ( 25,050 )
Total assets less current liabilities: 197,707 175,200
Creditors: amounts falling due after more than one year: ( 120,000 ) ( 120,000 )
Total net assets (liabilities): 77,707 55,200

The notes form part of these financial statements

DIVAN BEDS LTD

Balance sheet continued

As at 31 January 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Revaluation reserve: 5 42,577 20,070
Profit and loss account: 35,129 35,129
Shareholders funds: 77,707 55,200

For the year ending 31 January 2024 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 24 October 2024
And Signed On Behalf Of The Board By:

Name: ASIF HABIB
Status: Director

The notes form part of these financial statements

DIVAN BEDS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

DIVAN BEDS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 10 12

DIVAN BEDS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 3. Off balance sheet disclosure

    No

DIVAN BEDS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Tangible Assets

Total
Cost £
At 01 February 2023 267,000
Additions 62,000
Disposals -
Revaluations -
Transfers -
At 31 January 2024 329,000
Depreciation
At 01 February 2023 66,750
Charge for year 15,500
On disposals -
Other adjustments -
At 31 January 2024 82,250
Net book value
At 31 January 2024 246,750
At 31 January 2023 200,250

DIVAN BEDS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

5. Revaluation reserve


2024
£
Balance at 01 February 2023 20,070
Surplus or deficit after revaluation 22,507
Balance at 31 January 2024 42,577