IRIS Accounts Production v24.3.2.46 08867124 director 1.2.23 31.1.24 31.1.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh088671242023-01-31088671242024-01-31088671242023-02-012024-01-31088671242022-01-31088671242022-02-012023-01-31088671242023-01-3108867124ns15:EnglandWales2023-02-012024-01-3108867124ns14:PoundSterling2023-02-012024-01-3108867124ns10:Director12023-02-012024-01-3108867124ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3108867124ns10:SmallEntities2023-02-012024-01-3108867124ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3108867124ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3108867124ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3108867124ns10:FullAccounts2023-02-012024-01-310886712412023-02-012024-01-3108867124ns10:RegisteredOffice2023-02-012024-01-3108867124ns5:CurrentFinancialInstruments2024-01-3108867124ns5:CurrentFinancialInstruments2023-01-3108867124ns5:ShareCapital2024-01-3108867124ns5:ShareCapital2023-01-3108867124ns5:RetainedEarningsAccumulatedLosses2024-01-3108867124ns5:RetainedEarningsAccumulatedLosses2023-01-3108867124ns5:NetGoodwill2023-02-012024-01-3108867124ns5:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3108867124ns5:NetGoodwill2023-01-3108867124ns5:NetGoodwill2024-01-3108867124ns5:NetGoodwill2023-01-3108867124ns5:FurnitureFittings2023-01-3108867124ns5:ComputerEquipment2023-01-3108867124ns5:FurnitureFittings2023-02-012024-01-3108867124ns5:ComputerEquipment2023-02-012024-01-3108867124ns5:FurnitureFittings2024-01-3108867124ns5:ComputerEquipment2024-01-3108867124ns5:FurnitureFittings2023-01-3108867124ns5:ComputerEquipment2023-01-3108867124ns5:WithinOneYearns5:CurrentFinancialInstruments2024-01-3108867124ns5:WithinOneYearns5:CurrentFinancialInstruments2023-01-31088671241ns10:Director12023-01-31088671241ns10:Director12022-01-31088671241ns10:Director12023-02-012024-01-31088671241ns10:Director12022-02-012023-01-31088671241ns10:Director12024-01-31088671241ns10:Director12023-01-31
REGISTERED NUMBER: 08867124 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Delicious London Limited
Delicious London Limited (Registered number: 08867124)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Delicious London Limited

Company Information
for the Year Ended 31 January 2024







DIRECTOR: Ms L Wyllie-Tossoun





REGISTERED OFFICE: 1st Floor
7a Lower Grosvenor Place
London
SW1W 0EN





REGISTERED NUMBER: 08867124 (England and Wales)





ACCOUNTANTS: S&W Partners (Leeds) Limited
Accountants
3rd Floor
56 Wellington Street
Leeds
West Yorkshire
LS1 2EE
Page 1
Delicious London Limited (Registered number: 08867124)

Balance Sheet
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 - -
Tangible assets 6 1,808 3,258
1,808 3,258

CURRENT ASSETS
Debtors 7 107,945 42,329
Cash at bank 245,745 332,020
353,690 374,349
CREDITORS
Amounts falling due within one year 8 152,444 135,279
NET CURRENT ASSETS 201,246 239,070
TOTAL ASSETS LESS CURRENT
LIABILITIES
203,054
242,328

CAPITAL AND RESERVES
Called up share capital 25 25
Retained earnings 203,029 242,303
203,054 242,328

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 April 2025 and were signed by:



Ms L Wyllie-Tossoun - Director


The notes form part of these financial statements

Page 2
Delicious London Limited (Registered number: 08867124)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Delicious London 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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 2014, is being amortised evenly over its estimated useful life of nil 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
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures & fittings - 20% Straight Line
Computer equipment - 25% Straight Line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the profit and loss account.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Page 3
Delicious London Limited (Registered number: 08867124)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

3. ACCOUNTING POLICIES - continued

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.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Creditors
Short term creditors are measured at the transaction price.

Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Transactions and balances
Foreign currency transactions are translated into functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 3 ) .

Page 4
Delicious London Limited (Registered number: 08867124)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2023
and 31 January 2024 10,000
AMORTISATION
At 1 February 2023
and 31 January 2024 10,000
NET BOOK VALUE
At 31 January 2024 -
At 31 January 2023 -

6. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 February 2023 2,843 7,618 10,461
Additions - 145 145
At 31 January 2024 2,843 7,763 10,606
DEPRECIATION
At 1 February 2023 1,878 5,325 7,203
Charge for year 402 1,193 1,595
At 31 January 2024 2,280 6,518 8,798
NET BOOK VALUE
At 31 January 2024 563 1,245 1,808
At 31 January 2023 965 2,293 3,258

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 82,936 37,471
Other debtors 6,370 900
Rent deposit 500 500
Directors' loan accounts 16,207 2,090
Prepayments and accrued income 1,932 1,368
107,945 42,329

Page 5
Delicious London Limited (Registered number: 08867124)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 19,134 19,384
Tax 91,265 52,243
Social security and other taxes 5,447 3,339
VAT 35,709 59,432
Other creditors 273 265
Accruals and deferred income 616 616
152,444 135,279

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2024 and 31 January 2023:

2024 2023
£    £   
Ms L Wyllie-Tossoun
Balance outstanding at start of year 2,090 -
Amounts advanced 14,116 2,090
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 16,206 2,090

10. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose any transactions between the company and the parent company Delicious Life Holdings Limited, which controls 100% of the voting rights. There were no further transactions during the year.

Page 6