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REGISTERED NUMBER: 02180151 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

DISKING INTERNATIONAL LIMITED

DISKING INTERNATIONAL LIMITED (REGISTERED NUMBER: 02180151)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DISKING INTERNATIONAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: R S Smith
H J Smith
R B Smith
M R Smith
J F Balmer-Calloway





SECRETARY: H J Smith





REGISTERED OFFICE: Unit 10
Beaver Industrial Estate
Midhurst Road
Liphook
Hampshire
GU30 7EU





REGISTERED NUMBER: 02180151 (England and Wales)





ACCOUNTANTS: Galloways Accounting
15 West Street
Brighton
East Sussex
BN1 2RL

DISKING INTERNATIONAL LIMITED (REGISTERED NUMBER: 02180151)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 64,431 86,670
64,431 86,670

CURRENT ASSETS
Stocks 104,127 109,000
Debtors 6 33,231 31,817
Cash at bank and in hand 35,483 52,045
172,841 192,862
CREDITORS
Amounts falling due within one year 7 (154,292 ) (191,560 )
NET CURRENT ASSETS 18,549 1,302
TOTAL ASSETS LESS CURRENT
LIABILITIES

82,980

87,972

CREDITORS
Amounts falling due after more than one
year

8

(17,277

)

(21,016

)

PROVISIONS FOR LIABILITIES 9 (7,455 ) (11,374 )
NET ASSETS 58,248 55,582

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 58,148 55,482
SHAREHOLDERS' FUNDS 58,248 55,582

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

DISKING INTERNATIONAL LIMITED (REGISTERED NUMBER: 02180151)

BALANCE SHEET - continued
30 JUNE 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 19 March 2025 and were signed on its behalf by:





M R Smith - Director


DISKING INTERNATIONAL LIMITED (REGISTERED NUMBER: 02180151)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024


1. STATUTORY INFORMATION

Disking International 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2001, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Improvements to property - over the term of the lease
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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

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.

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.

DISKING INTERNATIONAL LIMITED (REGISTERED NUMBER: 02180151)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2023 - 18 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2023
and 30 June 2024 99,000
AMORTISATION
At 1 July 2023
and 30 June 2024 99,000
NET BOOK VALUE
At 30 June 2024 -
At 30 June 2023 -

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Motor Computer
property fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 July 2023 24,086 6,402 125,097 20,202 175,787
Additions - 4,076 - - 4,076
At 30 June 2024 24,086 10,478 125,097 20,202 179,863
DEPRECIATION
At 1 July 2023 24,086 4,160 47,898 12,973 89,117
Charge for year - 1,130 19,300 5,885 26,315
At 30 June 2024 24,086 5,290 67,198 18,858 115,432
NET BOOK VALUE
At 30 June 2024 - 5,188 57,899 1,344 64,431
At 30 June 2023 - 2,242 77,199 7,229 86,670

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 33,231 31,817

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 3,739 21,633
Trade creditors 78,529 67,957
Taxation and social security 31,970 47,755
Other creditors 40,054 54,215
154,292 191,560

DISKING INTERNATIONAL LIMITED (REGISTERED NUMBER: 02180151)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 17,277 21,016

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 7,455 11,374

Deferred
tax
£   
Balance at 1 July 2023 11,374
Movement in year (3,919 )
Balance at 30 June 2024 7,455