Company Registration No. 08359012 (England and Wales)
Demsol Limited
Unaudited accounts
for the year ended 31 January 2025
Demsol Limited
Unaudited accounts
Contents
Demsol Limited
Company Information
for the year ended 31 January 2025
Directors
Dawn Ellen Bloomer
John Michael Bloomer
Company Number
08359012 (England and Wales)
Registered Office
31 The Ridgeway
Burntwood
Staffordshire
WS7 4SP
Accountants
Nellys Accountants Ltd
71 Woodland Avenue
Tettenhall Wood
Wolverhampton
West Midlands
WV6 8ND
Demsol Limited
Statement of financial position
as at 31 January 2025
Called up share capital not paid
20,000
20,000
Tangible assets
3,370
5,055
Cash at bank and in hand
63,736
79,288
Creditors: amounts falling due within one year
(6,229)
(10,090)
Net current assets
57,507
73,148
Total assets less current liabilities
80,877
98,203
Provisions for liabilities
Called up share capital
20,000
20,000
Profit and loss account
60,237
77,243
Shareholders' funds
80,237
97,243
For the year ending 31 January 2025 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 15 March 2025 and were signed on its behalf by
John Michael Bloomer
Director
Company Registration No. 08359012
Demsol Limited
Notes to the Accounts
for the year ended 31 January 2025
Demsol Limited is a private company, limited by shares, registered in England and Wales, registration number 08359012. The registered office is 31 The Ridgeway, Burntwood, Staffordshire, WS7 4SP.
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 and are rounded to the nearest pound.
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:
Fixtures & fittings
33% reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Demsol Limited
Notes to the Accounts
for the year ended 31 January 2025
4
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
1,023
4,940
Loans from directors
4,930
4,930
7
Deferred taxation
2025
2024
Accelerated capital allowances
640
960
Provision at start of year
960
580
(Credited)/charged to the profit and loss account
(320)
380
Provision at end of year
640
960
Allotted, called up and fully paid:
2 Ordinary shares of £10,000 each
20,000
20,000
Demsol Limited
Notes to the Accounts
for the year ended 31 January 2025
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).