Company Registration No. 13178205 (England and Wales)
DHARMASHA LIMITED
Unaudited accounts
for the year ended 29 February 2024
DHARMASHA LIMITED
Unaudited accounts
Contents
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
DHARMASHA LIMITED
Statement of financial position
as at 29 February 2024
Intangible assets
1,421,733
934,266
Tangible assets
75,420
25,413
Cash at bank and in hand
392,924
309,552
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)
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
DHARMASHA LIMITED
Notes to the Accounts
for the year ended 29 February 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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 (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 29 February 2024
1,642,366
Charge for the year
76,899
At 29 February 2024
220,633
At 29 February 2024
1,421,733
At 28 February 2023
934,266
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
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
At 29 February 2024
60,051
12,555
2,814
75,420
At 28 February 2023
7,331
14,771
3,311
25,413
Amounts falling due within one year
Other debtors
360,841
169,359
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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
8
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
869,000
1,200,000
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Average number of employees
During the year the average number of employees was 18 (2023: 10).