DEESINE LIMITED

Company Registration Number:
05007131 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2024

Period of accounts

Start date: 01 March 2023

End date: 28 February 2024

DEESINE LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2024

Balance sheet
Notes

DEESINE LIMITED

Balance sheet

As at 28 February 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 41,190 42,473
Investments: 4 7,750 7,750
Total fixed assets: 48,940 50,223
Current assets
Stocks: 5,780 5,590
Debtors:   189,136 106,955
Cash at bank and in hand: 128,444 242,858
Total current assets: 323,360 355,403
Creditors: amounts falling due within one year:   (40,938) (112,645)
Net current assets (liabilities): 282,422 242,758
Total assets less current liabilities: 331,362 292,981
Total net assets (liabilities): 331,362 292,981
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 331,361 292,980
Shareholders funds: 331,362 292,981

The notes form part of these financial statements

DEESINE LIMITED

Balance sheet statements

For the year ending 28 February 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 February 2025
and signed on behalf of the board by:

Name: B R Khan
Status: Director

The notes form part of these financial statements

DEESINE LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Freehold buildings: over 50 years Leasehold land and buildings: 10% straight line Plant and machinery: 15% straight line Motor vehicles: 25% reducing balance

DEESINE LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

2. Employees

2024 2023
Average number of employees during the period 13 12

DEESINE LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Tangible Assets

Total
Cost £
At 01 March 2023 186,238
Additions 3,809
At 28 February 2024 190,047
Depreciation
At 01 March 2023 143,765
Charge for year 5,092
At 28 February 2024 148,857
Net book value
At 28 February 2024 41,190
At 28 February 2023 42,473

DEESINE LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

4. Fixed investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

DEESINE LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

5. Related party transactions

Name of the related party: Shareholder
Relationship:
The shareholder
Description of the Transaction: The shareholder owed the company £47,626 (2023: £57,765) at year end.
£
Balance at 01 March 2023 57,765
Balance at 28 February 2024 47,626
Name of the related party:
Relationship:
Husband of shareholder
Description of the Transaction: The company advanced loans of £40,724 to the husband of the shareholder.
£
Balance at 01 March 2023 0
Balance at 28 February 2024 40,724
Name of the related party:
Relationship:
Brother in law of the shareholder
Description of the Transaction: The company advanced loans of £40,861 to the brother in law of the shareholder.
£
Balance at 01 March 2023 0
Balance at 28 February 2024 40,861