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Company Registration No. 13178205 (England and Wales)
DHARMASHA LIMITED Unaudited accounts for the year ended 29 February 2024
DHARMASHA LIMITED Unaudited accounts Contents
Page
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DHARMASHA LIMITED Company Information for the year ended 29 February 2024
Directors
Mr Swapnil Rajiv Shah Mrs Lauren Deborah Shah
Company Number
13178205 (England and Wales)
Registered Office
19-20 Bourne Court S outhend Road, Woodford Green Essex IG8 8HD UK
Accountants
Harrison Bernstein Ltd 10 Harmer Street Gravesend Kent DA12 2AX
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DHARMASHA LIMITED Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
1,421,733 
934,266 
Tangible assets
75,420 
25,413 
1,497,153 
959,679 
Current assets
Inventories
38,900 
14,850 
Debtors
434,604 
197,331 
Cash at bank and in hand
392,924 
309,552 
866,428 
521,733 
Creditors: amounts falling due within one year
(1,429,869)
(236,888)
Net current (liabilities)/assets
(563,441)
284,845 
Total assets less current liabilities
933,712 
1,244,524 
Creditors: amounts falling due after more than one year
(869,000)
(1,200,000)
Net assets
64,712 
44,524 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
64,612 
44,424 
Shareholders' funds
64,712 
44,524 
For the year ending 29 February 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 15 November 2024 and were signed on its behalf by
Mr Swapnil Rajiv Shah Director Company Registration No. 13178205
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DHARMASHA LIMITED Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
DHARMASHA LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13178205. The registered office is 19-20 Bourne Court S, outhend Road, , Woodford Green, Essex, IG8 8HD, UK.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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
15 Years Straight line
Plant & machinery
15 % Reducing balance
Motor vehicles
15 % Reducing balance
Fixtures & fittings
15 % Reducing balance
Computer equipment
15 % Reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 March 2023
1,078,000 
Additions
564,366 
At 29 February 2024
1,642,366 
Amortisation
At 1 March 2023
143,734 
Charge for the year
76,899 
At 29 February 2024
220,633 
Net book value
At 29 February 2024
1,421,733 
At 28 February 2023
934,266 
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DHARMASHA LIMITED Notes to the Accounts for the year ended 29 February 2024
5
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2023
11,500 
22,878 
4,472 
38,850 
Additions
53,890 
- 
- 
53,890 
At 29 February 2024
65,390 
22,878 
4,472 
92,740 
Depreciation
At 1 March 2023
4,169 
8,107 
1,161 
13,437 
Charge for the year
1,170 
2,216 
497 
3,883 
At 29 February 2024
5,339 
10,323 
1,658 
17,320 
Net book value
At 29 February 2024
60,051 
12,555 
2,814 
75,420 
At 28 February 2023
7,331 
14,771 
3,311 
25,413 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
73,763 
27,972 
Other debtors
360,841 
169,359 
434,604 
197,331 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
1,548 
27,104 
Other creditors
2,832 
2,834 
Loans from directors
1,375,489 
156,950 
Accruals
50,000 
50,000 
1,429,869 
236,888 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Loans from directors
869,000 
1,200,000 
9
Average number of employees
During the year the average number of employees was 18 (2023: 10).
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