Company Registration No. 10145361 (England and Wales)
DAMASCA LTD
Unaudited accounts
for the year ended 30 April 2024
DAMASCA LTD
Unaudited accounts
Contents
DAMASCA LTD
Company Information
for the year ended 30 April 2024
Company Number
10145361 (England and Wales)
Registered Office
70 Central Road
Worcester Park
KT4 8HX
England
Accountants
Yahya & Co Accountants Ltd
T/A Yahya Accountancy
164 West Hendon Broadway
London
NW9 7AA
DAMASCA LTD
Statement of financial position
as at 30 April 2024
Intangible assets
102,048
-
Tangible assets
48,718
1,120
Cash at bank and in hand
3,066
88,320
Creditors: amounts falling due within one year
(588,509)
(1,201)
Net current (liabilities)/assets
(583,501)
107,359
Total assets less current liabilities
(432,735)
108,479
Creditors: amounts falling due after more than one year
-
(358,807)
Net liabilities
(432,735)
(250,328)
Called up share capital
100
100
Profit and loss account
(432,835)
(250,428)
Shareholders' funds
(432,735)
(250,328)
For the year ending 30 April 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 director acknowledges his 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 and authorised for issue on 29 January 2025 and were signed on its behalf by
Mohammad Alawwad
Director
Company Registration No. 10145361
DAMASCA LTD
Notes to the Accounts
for the year ended 30 April 2024
DAMASCA LTD is a private company, limited by shares, registered in England and Wales, registration number 10145361. The registered office is 70 Central Road, Worcester Park, KT4 8HX, England.
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:
Fixtures & fittings
25% reducing balance method
Computer equipment
25% reducing balance method
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
DAMASCA LTD
Notes to the Accounts
for the year ended 30 April 2024
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2023
-
1,071
3,985
5,056
Additions
11,150
32,240
14,902
58,292
At 30 April 2024
11,150
33,311
18,887
63,348
At 1 May 2023
-
901
3,035
3,936
Charge for the year
2,007
5,834
2,853
10,694
At 30 April 2024
2,007
6,735
5,888
14,630
At 30 April 2024
9,143
26,576
12,999
48,718
At 30 April 2023
-
170
950
1,120
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
2,200
1,201
Loans from directors
571,995
-
8
Creditors: amounts falling due after more than one year
2024
2023
As on the balance sheet date the company owed the director Mr. Mohammad AlAwwad an amount of £226,900 as the director's unsecured loan
9
Average number of employees
During the year the average number of employees was 13 (2023: 2).