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Company Registration No. 12233086 (England and Wales)
DSQUARED LDN LIMITED Unaudited accounts for the year ended 30 September 2024
DSQUARED LDN LIMITED Unaudited accounts Contents
Page
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DSQUARED LDN LIMITED Company Information for the year ended 30 September 2024
Directors
Steven Davies Roseanna Davies
Company Number
12233086 (England and Wales)
Registered Office
16 BROADWATER CLOSE WRAYSBURY STAINES-UPON-THAMES TW19 5BZ ENGLAND
Accountants
SD Accountants Limited 24 Burford Court Rances Lane Wokingham RG40 2LJ
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DSQUARED LDN LIMITED Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
120,772 
78,419 
Current assets
Debtors
266,868 
184,923 
Cash at bank and in hand
185,645 
19,841 
452,513 
204,764 
Creditors: amounts falling due within one year
(355,354)
(123,214)
Net current assets
97,159 
81,550 
Total assets less current liabilities
217,931 
159,969 
Creditors: amounts falling due after more than one year
(102,974)
(48,102)
Net assets
114,957 
111,867 
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
114,953 
111,863 
Shareholders' funds
114,957 
111,867 
For the year ending 30 September 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 directors acknowledge their 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 of Directors and authorised for issue on 11 March 2025 and were signed on its behalf by
Steven Davies Director Company Registration No. 12233086
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DSQUARED LDN LIMITED Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
DSQUARED LDN LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12233086. The registered office is 16 BROADWATER CLOSE, WRAYSBURY, STAINES-UPON-THAMES, TW19 5BZ, 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.
3
Accounting policies
These financial statements for the year ended 30 September 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 October 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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
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:
Plant & machinery
5 Years Straight Line
Motor vehicles
5 Years Straight Line
Fixtures & fittings
5 Years Straight Line
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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DSQUARED LDN LIMITED Notes to the Accounts for the year ended 30 September 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 October 2023
95,236 
17,248 
5,764 
118,248 
Additions
14,122 
59,990 
8,392 
82,504 
At 30 September 2024
109,358 
77,238 
14,156 
200,752 
Depreciation
At 1 October 2023
26,970 
11,432 
1,427 
39,829 
Charge for the year
21,872 
15,448 
2,831 
40,151 
At 30 September 2024
48,842 
26,880 
4,258 
79,980 
Net book value
At 30 September 2024
60,516 
50,358 
9,898 
120,772 
At 30 September 2023
68,266 
5,816 
4,337 
78,419 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
244,054 
180,712 
Accrued income and prepayments
22,814 
4,211 
266,868 
184,923 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
12,868 
4,000 
VAT
37,545 
16,593 
Obligations under finance leases and hire purchase contracts
19,148 
13,376 
Trade creditors
244,731 
35,730 
Taxes and social security
20,266 
51,115 
Other creditors
17,538 
- 
Loans from directors
758 
400 
Accruals
2,500 
2,000 
355,354 
123,214 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
16,467 
10,476 
Obligations under finance leases and hire purchase contracts
62,007 
37,626 
Loans from directors
24,500 
- 
102,974 
48,102 
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DSQUARED LDN LIMITED Notes to the Accounts for the year ended 30 September 2024
8
Operating lease commitments
2024 
2023 
£ 
£ 
At 30 September 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
20,991 
11,753 
Later than one year and not later than five years
47,449 
29,669 
68,440 
41,422 
9
Average number of employees
During the year the average number of employees was 5 (2023: 2).
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