DEMECO LTD

Company Registration Number:
10698044 (England and Wales)

Unaudited statutory accounts for the year ended 29 February 2024

Period of accounts

Start date: 01 March 2023

End date: 29 February 2024

DEMECO LTD

Contents of the Financial Statements

for the Period Ended 29 February 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

DEMECO LTD

Company Information

for the Period Ended 29 February 2024




Director: BURGHEL, Ionut-Valentin
Registered office: 51
Aurora Court
Romulus Road
Gravesend
England
DA12 2SE
Company Registration Number: 10698044 (England and Wales)

DEMECO LTD

Directors' Report Period Ended 29 February 2024

The directors present their report with the financial statements of the company for the period ended 29 February 2024

Principal Activities

Freight transport by road

Directors

The directors shown below have held office during the whole of the period from 01 March 2023 to 29 February 2024
BURGHEL, Ionut-Valentin

This report was approved by the board of directors on 20 November 2024
And Signed On Behalf Of The Board By:

Name: BURGHEL, Ionut-Valentin
Status: Director

DEMECO LTD

Profit and Loss Account

for the Period Ended 29 February 2024


Notes

2024
£

2023
£
Turnover 45,016 47,712
Cost of sales ( 4,670 ) ( 4,222 )
Gross Profit or (Loss) 40,346 43,490
Administrative Expenses ( 38,640 ) ( 42,098 )
Operating Profit or (Loss) 1,706 1,392
Profit or (Loss) Before Tax 1,706 1,392
Profit or (Loss) for Period 1,706 1,392

The notes form part of these financial statements

DEMECO LTD

Balance sheet

As at 29 February 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 4 100 100
Total fixed assets: 100 100
Current assets
Total assets less current liabilities: 100 100
Total net assets (liabilities): 100 100

The notes form part of these financial statements

DEMECO LTD

Balance sheet continued

As at 29 February 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Shareholders funds: 100 100

For the year ending 29 February 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.

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 20 November 2024
And Signed On Behalf Of The Board By:

Name: BURGHEL, Ionut-Valentin
Status: Director

The notes form part of these financial statements

DEMECO LTD

Notes to the Financial Statements

for the Period Ended 29 February 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

    Intangible fixed assets amortisation policy

    Intangible assets are non-monetary assets that are without physical substance and identifiable (either being separable or arising from contractual or other legal rights). Intangible assets meeting the relevant recognition criteria are initially measured at cost, subsequently measured at cost or using the revaluation model, and amortised on a systematic basis over their useful lives (unless the asset has an indefinite useful life, in which case it is not amortised)

DEMECO LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

DEMECO LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 3. Off balance sheet disclosure

    No

DEMECO LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

4. Intangible assets

Goodwill Total
Cost £ £
At 01 March 2023 100 100
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 29 February 2024 100 100
Amortisation
Amortisation at 01 March 2023 - -
Charge for year - -
On disposals - -
Other adjustments - -
Amortisation at 29 February 2024 - -
Net book value
Net book value at 29 February 2024 100 100
Net book value at 28 February 2023 100 100