Company registration number 06702304 (England and Wales)
DAMOT LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
PAGES FOR FILING WITH REGISTRAR
DAMOT LIMITED
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2 - 3
DAMOT LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT
30 SEPTEMBER 2024
30 September 2024
- 1 -
2024
2023
Notes
£
£
£
£
Current assets
Stocks
580,804
2,094,531
Debtors
2
498,614
1,633
Cash at bank and in hand
9,005
2,453
1,088,423
2,098,617
Creditors: amounts falling due within one year
3
(1,090,219)
(2,301,701)
Net current liabilities
(1,796)
(203,084)
Creditors: amounts falling due after more than one year
4
(7,594)
(17,423)
Net liabilities
(9,390)
(220,507)
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
(9,490)
(220,607)
Total equity
(9,390)
(220,507)

For the financial year ended 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 of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the income statement within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 9 April 2025
M O J Stephens
Director
Company registration number 06702304 (England and Wales)
DAMOT LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 2 -
1
Accounting policies
Company information

Damot Limited is a private company limited by shares incorporated in England and Wales. The registered office is .

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover represents the fair value of the consideration received for goods provided in the normal course of business, and is shown net of VAT. Turnover is recognised upon the sale of goods.

1.3
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

2
Debtors
2024
2023
Amounts falling due within one year:
£
£
Amounts owed by connected companies
450
-
0
Other debtors
497,329
-
VAT recoverable
835
1,633
498,614
1,633
3
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
10,000
10,000
Other borrowings
733,082
1,641,027
Other creditors
345,638
649,173
Accruals and deferred income
1,499
1,501
1,090,219
2,301,701

The loans are secured.

DAMOT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 3 -
4
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans
7,594
17,423

The loans are secured.

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