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REGISTERED NUMBER: 09003981 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

DINOSAUR DESIGNS UK LIMITED

DINOSAUR DESIGNS UK LIMITED (REGISTERED NUMBER: 09003981)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DINOSAUR DESIGNS UK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: Ms L Olsen
Mr S Ormandy





REGISTERED OFFICE: 55 Loudoun Road
St John'S Wood
London
NW8 0DL





REGISTERED NUMBER: 09003981 (England and Wales)





ACCOUNTANTS: MGR Weston Kay LLP
Chartered Accountants
55 Loudoun Road
St John's Wood
London
NW8 0DL

DINOSAUR DESIGNS UK LIMITED (REGISTERED NUMBER: 09003981)

BALANCE SHEET
30 JUNE 2024

30.6.24 30.6.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 2,148 3,246

CURRENT ASSETS
Stocks 227,620 184,215
Debtors 5 52,145 48,014
Cash at bank and in hand 517,754 392,012
797,519 624,241
CREDITORS
Amounts falling due within one year 6 (902,476 ) (732,976 )
NET CURRENT LIABILITIES (104,957 ) (108,735 )
TOTAL ASSETS LESS CURRENT LIABILITIES (102,809 ) (105,489 )


PROVISIONS FOR LIABILITIES 8 408 617

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings (103,219 ) (106,108 )
SHAREHOLDERS' FUNDS (103,217 ) (106,106 )
(102,809 ) (105,489 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

DINOSAUR DESIGNS UK LIMITED (REGISTERED NUMBER: 09003981)

BALANCE SHEET - continued
30 JUNE 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 January 2025 and were signed on its behalf by:





Mr S Ormandy - Director


DINOSAUR DESIGNS UK LIMITED (REGISTERED NUMBER: 09003981)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024


1. STATUTORY INFORMATION

Dinosaur Designs Uk Limited 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

Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Turnover
Turnover represents amounts receivable for the sale of designer jewellery, artefacts and homeware at the point of sale, which is when the items have been purchased in store by the customer or when online orders are delivered. This is net of VAT and any discounts that may have been given.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - Straight line over 5 years
Fixtures and fittings - 10% on reducing balance
Computer equipment - 50% on reducing balance

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

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.


DINOSAUR DESIGNS UK LIMITED (REGISTERED NUMBER: 09003981)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


2. ACCOUNTING POLICIES - continued
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.

Foreign exchange
Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

Going concern
The financial statements have been prepared on the going concern basis notwithstanding the net liabilities at the year end. The directors believe the going concern basis to be appropriate due to the parent company having confirmed its ability and intention to continue to support this company so that it is able to settle its day to day liabilities as they fall due into the future. The parent company has also confirmed that it will not withdraw this support until such a time as it can be done without adversely affecting the financial position and stability of Dinosaur Designs UK Limited.

Judgements and key sources of estimation uncertainty
In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

DINOSAUR DESIGNS UK LIMITED (REGISTERED NUMBER: 09003981)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Short and Computer
leasehold fittings equipment Totals
£    £    £    £   
COST
At 1 July 2023 77,073 3,418 3,423 83,914
Disposals - - (158 ) (158 )
At 30 June 2024 77,073 3,418 3,265 83,756
DEPRECIATION
At 1 July 2023 75,297 2,106 3,265 80,668
Charge for year 888 131 79 1,098
Eliminated on disposal - - (158 ) (158 )
At 30 June 2024 76,185 2,237 3,186 81,608
NET BOOK VALUE
At 30 June 2024 888 1,181 79 2,148
At 30 June 2023 1,776 1,312 158 3,246

5. DEBTORS
30.6.24 30.6.23
£    £   
Amounts falling due within one year:
Trade debtors 8,406 3,758
Other debtors 14,797 15,892
23,203 19,650

Amounts falling due after more than one year:
Other debtors 28,942 28,364

Aggregate amounts 52,145 48,014

DINOSAUR DESIGNS UK LIMITED (REGISTERED NUMBER: 09003981)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors 1,844 805
Amounts owed to group undertakings 872,613 711,211
Taxation and social security 10,199 12,234
Other creditors 17,820 8,726
902,476 732,976

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
30.6.24 30.6.23
£    £   
Within one year 5,351 46,500
Between one and five years - 5,351
5,351 51,851

8. PROVISIONS FOR LIABILITIES
30.6.24 30.6.23
£    £   
Deferred tax
Tax losses carried forward 408 -
Deferred tax - 617
408 617

Deferred
tax
£   
Balance at 1 July 2023 617
Utilised during year (209 )
Balance at 30 June 2024 408

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
2 Ordinary shares 1 2 2