Company Registration No. 12163105 (England and Wales)
The Detail House Limited
Unaudited accounts
for the year ended 31 August 2024
The Detail House Limited
Unaudited accounts
Contents
The Detail House Limited
Company Information
for the year ended 31 August 2024
Company Number
12163105 (England and Wales)
Registered Office
Unit 18
Invincible Drive
Newcastle upon Tyne
NE4 7HX
Accountants
Ask Accountants NE Limited
The Grainger Suite, Dobson House
Regent Centre
Newcastle Upon Tyne
Tyne And Wear
NE3 3PF
The Detail House Limited
Statement of financial position
as at 31 August 2024
Intangible assets
-
10,812
Tangible assets
13,021
16,276
Cash at bank and in hand
71
952
Creditors: amounts falling due within one year
(97,743)
(120,080)
Net current liabilities
(88,276)
(47,585)
Net liabilities
(75,255)
(20,497)
Called up share capital
1,000
1,000
Profit and loss account
(76,255)
(21,497)
Shareholders' funds
(75,255)
(20,497)
For the year ending 31 August 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 director acknowledges his 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 and authorised for issue on 31 May 2025 and were signed on its behalf by
A Malik
Director
Company Registration No. 12163105
The Detail House Limited
Notes to the Accounts
for the year ended 31 August 2024
The Detail House Limited is a private company, limited by shares, registered in England and Wales, registration number 12163105. The registered office is Unit 18, Invincible Drive, Newcastle upon Tyne, NE4 7HX.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' 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. 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 have been prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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
20% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate
resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern
basis of accounting in preparing the financial statements.
The Detail House Limited
Notes to the Accounts
for the year ended 31 August 2024
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently measured at amortised cost.
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Intangible fixed assets
Other
At 1 September 2023
12,500
Other increase/(decrease)
(1,688)
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Tangible fixed assets
Plant & machinery
At 1 September 2023
19,202
Amounts falling due within one year
The Detail House Limited
Notes to the Accounts
for the year ended 31 August 2024
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
18
158
Other creditors
97,725
117,600
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Average number of employees
During the year the average number of employees was 1 (2023: 2).