Registered number
13161151
Design Espresso UK Ltd
Filleted Accounts
29 February 2024
Design Espresso UK Ltd
Registered number: 13161151
Balance Sheet
as at 29 February 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 20,016 9,497
Current assets
Debtors 4 90,856 20,225
Cash at bank and in hand 87,449 118,940
178,305 139,165
Creditors: amounts falling due within one year 5 (31,774) (25,660)
Net current assets 146,531 113,505
Total assets less current liabilities 166,547 123,002
Provisions for liabilities (3,803) (1,804)
Net assets 162,744 121,198
Capital and reserves
Share premium 1 1
Profit and loss account 162,743 121,197
Shareholder's funds 162,744 121,198
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
G M James
Director
Approved by the board on 7 November 2024
Design Espresso UK Ltd
Notes to the Accounts
for the year ended 29 February 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods, hire of equipment and from the rendering of services.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 March 2023 13,629
Additions 17,389
Disposals (1,700)
At 29 February 2024 29,318
Depreciation
At 1 March 2023 4,132
Charge for the year 5,864
On disposals (694)
At 29 February 2024 9,302
Net book value
At 29 February 2024 20,016
At 28 February 2023 9,497
4 Debtors 2024 2023
£ £
Trade debtors 15,280 20,225
Amounts owed by group companies 75,576 -
90,856 20,225
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 19,878 9,068
Taxation and social security costs 11,866 16,592
Other creditors 30 -
31,774 25,660
6 Other information
Design Espresso UK Ltd is a private company limited by shares and incorporated in England. Its registered office is:
35 Hill Lane Close
Markfield
Leicestershire
LE67 9PY
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