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REGISTERED NUMBER: 04387075 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

FOR

DIESPEKER (INTERIORS) LIMITED

DIESPEKER (INTERIORS) LIMITED (REGISTERED NUMBER: 04387075)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DIESPEKER (INTERIORS) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: G H Smith
P G Smith
P Smith
C Smith





SECRETARY: P G Smith





REGISTERED OFFICE: Unit 1
Longbridge meadow
Station road
Cullompton
Devon
EX15 1BT





REGISTERED NUMBER: 04387075 (England and Wales)





ACCOUNTANTS: Astral Accountancy Services Limited
Astral House
Granville Way
Bicester
Oxfordshire
OX26 4JT

DIESPEKER (INTERIORS) LIMITED (REGISTERED NUMBER: 04387075)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 53,549 12,690

CURRENT ASSETS
Stocks 2,409,099 1,471,008
Debtors 5 200,022 479,116
Cash at bank 29,760 117,311
2,638,881 2,067,435
CREDITORS
Amounts falling due within one year 6 1,320,649 636,842
NET CURRENT ASSETS 1,318,232 1,430,593
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,371,781

1,443,283

CREDITORS
Amounts falling due after more than one
year

7

(551,754

)

(601,754

)

PROVISIONS FOR LIABILITIES (8,426 ) (37,653 )
NET ASSETS 811,601 803,876

CAPITAL AND RESERVES
Called up share capital 3,000 3,000
Retained earnings 808,601 800,876
811,601 803,876

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

DIESPEKER (INTERIORS) LIMITED (REGISTERED NUMBER: 04387075)

BALANCE SHEET - continued
31 JULY 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 13 March 2025 and were signed on its behalf by:





G H Smith - Director


DIESPEKER (INTERIORS) LIMITED (REGISTERED NUMBER: 04387075)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

Diespeker (Interiors) 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

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures & Fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer Equipment - 33% on reducing balance

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

DIESPEKER (INTERIORS) LIMITED (REGISTERED NUMBER: 04387075)

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

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Plant and Fixtures Motor Computer
machinery & Fittings vehicles Equipment Totals
£    £    £    £    £   
COST
At 1 August 2023 - 35,471 13,287 7,350 56,108
Additions 53,393 - - 4,816 58,209
At 31 July 2024 53,393 35,471 13,287 12,166 114,317
DEPRECIATION
At 1 August 2023 - 26,648 10,922 5,848 43,418
Charge for year 13,349 1,325 591 2,085 17,350
At 31 July 2024 13,349 27,973 11,513 7,933 60,768
NET BOOK VALUE
At 31 July 2024 40,044 7,498 1,774 4,233 53,549
At 31 July 2023 - 8,823 2,365 1,502 12,690

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 209,239 482,381
Amounts Recoverable on Contract (25,463 ) (25,463 )
Other debtors 16,246 22,198
200,022 479,116

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 44,956 44,956
Trade creditors 108,009 112,457
Taxation and social security 2,656 4,313
Other creditors 1,165,028 475,116
1,320,649 636,842

DIESPEKER (INTERIORS) LIMITED (REGISTERED NUMBER: 04387075)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 51,754 101,754
Other creditors 500,000 500,000
551,754 601,754

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Debentures more 5yr non-instal 500,000 500,000