Registered number
12430273
DEGER LONDON LTD
Filleted Accounts
31 January 2025
DEGER LONDON LTD
Registered number: 12430273
Balance Sheet
as at 31 January 2025
Notes 2025 2024
£ £
Current assets
Stocks 53,160 39,820
Cash at bank and in hand 2,309 6,904
55,469 46,724
Creditors: amounts falling due within one year 3 (43,422) (34,917)
Net current assets 12,047 11,807
Net assets 12,047 11,807
Capital and reserves
Called up share capital 100 100
Profit and loss account 11,947 11,707
Shareholders' funds 12,047 11,807
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Pinar Cagla TURKMEN
Director
Approved by the board on 26 February 2025
DEGER LONDON LTD
Notes to the Accounts
for the year ended 31 January 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
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. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A corporation tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A corporation tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Current and deferred tax assets and liabilities are not discounted.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 5 6
3 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors 564 1,280
Taxation and social security costs 14,358 10,637
Other creditors 28,500 23,000
43,422 34,917
4 Other information
DEGER LONDON LTD is a private company limited by shares and incorporated in England. Its registered office is:
135-137 Chingford Road
Walthamstow
E17 4PN
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