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REGISTERED NUMBER: 12339963 (England and Wales)















REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JANUARY 2024

FOR

DIVA PACKAGE LTD

DIVA PACKAGE LTD (REGISTERED NUMBER: 12339963)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JANUARY 2024




Page

Company Information 1

Report of the Directors 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 6


DIVA PACKAGE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST JANUARY 2024







Directors: Diva Group Ltd
Ms D Patang





Registered office: Unit 1501 Buckingham Road
Silverstone Business Park
Towcester
NN12 8FU





Registered number: 12339963 (England and Wales)






DIVA PACKAGE LTD (REGISTERED NUMBER: 12339963)

REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 31ST JANUARY 2024

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

Directors
The directors shown below have held office during the whole of the period from 1st February 2023 to the date of this report.

Diva Group Ltd
Ms D Patang

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

On behalf of the board:





Ms D Patang - Director


27th January 2025

DIVA PACKAGE LTD (REGISTERED NUMBER: 12339963)

INCOME STATEMENT
FOR THE YEAR ENDED 31ST JANUARY 2024

2024 2023
Notes £    £   

Turnover 5,017,761 2,240,569

Cost of sales (4,416,006 ) (1,830,586 )
Gross profit 601,755 409,983

Distribution costs (51,349 ) (181,620 )
Administrative expenses (355,997 ) (85,994 )
Operating profit 4 194,409 142,369


Interest payable and similar expenses (996 ) (2,589 )
Profit before taxation 193,413 139,780

Tax on profit (45,612 ) (25,291 )
Profit for the financial year 147,801 114,489

DIVA PACKAGE LTD (REGISTERED NUMBER: 12339963)

BALANCE SHEET
31ST JANUARY 2024

2024 2023
Notes £    £   
Fixed assets
Intangible assets 5 3,768 5,620
Tangible assets 6 2,251 3,207
6,019 8,827

Current assets
Stocks 1,487,590 445,673
Debtors 7 887,883 916,694
Cash at bank and in hand 99,198 23,826
2,474,671 1,386,193
Creditors
Amounts falling due within one year 8 (1,995,584 ) (1,050,346 )
Net current assets 479,087 335,847
Total assets less current liabilities 485,106 344,674

Creditors
Amounts falling due after more than one
year

9

(25,200

)

(32,166

)

Provisions for liabilities (206 ) (609 )
Net assets 459,700 311,899

Capital and reserves
Called up share capital 1 1
Retained earnings 459,699 311,898
459,700 311,899

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

DIVA PACKAGE LTD (REGISTERED NUMBER: 12339963)

BALANCE SHEET - continued
31ST JANUARY 2024


The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 27th January 2025 and were signed on its behalf by:





Ms D Patang - Director


DIVA PACKAGE LTD (REGISTERED NUMBER: 12339963)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JANUARY 2024

1. STATUTORY INFORMATION

Diva Package Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

DIVA PACKAGE LTD (REGISTERED NUMBER: 12339963)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JANUARY 2024

4. OPERATING PROFIT

The operating profit is stated after charging:

2024 2023
£    £   
Depreciation - owned assets 956 1,281
Computer software amortisation 1,852 876

5. INTANGIBLE FIXED ASSETS
Computer
software
£   
Cost
At 1st February 2023
and 31st January 2024 7,408
Amortisation
At 1st February 2023 1,788
Amortisation for year 1,852
At 31st January 2024 3,640
Net book value
At 31st January 2024 3,768
At 31st January 2023 5,620

6. TANGIBLE FIXED ASSETS
Computer
equipment
£   
Cost
At 1st February 2023
and 31st January 2024 6,409
Depreciation
At 1st February 2023 3,202
Charge for year 956
At 31st January 2024 4,158
Net book value
At 31st January 2024 2,251
At 31st January 2023 3,207

7. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Amazon account 116,419 48,297
Other debtors 5,641 113,374
122,060 161,671

DIVA PACKAGE LTD (REGISTERED NUMBER: 12339963)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JANUARY 2024

7. DEBTORS - continued
2024 2023
£    £   
Amounts falling due after more than one year:
Diva Gift Ltd 765,823 755,023

Aggregate amounts 887,883 916,694

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,800 42,554
Trade creditors 206,509 52,567
Taxation and social security 316,069 358,664
Other creditors 1,462,206 596,561
1,995,584 1,050,346

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 25,200 32,166