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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
Page
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The Detail House Limited Company Information for the year ended 31 August 2024
Director
A Malik
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
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The Detail House Limited Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
- 
10,812 
Tangible assets
13,021 
16,276 
13,021 
27,088 
Current assets
Inventories
- 
53,500 
Debtors
9,396 
18,043 
Cash at bank and in hand
71 
952 
9,467 
72,495 
Creditors: amounts falling due within one year
(97,743)
(120,080)
Net current liabilities
(88,276)
(47,585)
Net liabilities
(75,255)
(20,497)
Capital and reserves
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
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The Detail House Limited Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
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.
2
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
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
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories
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.
Going concern
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.
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The Detail House Limited Notes to the Accounts for the year ended 31 August 2024
Financial instruments
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.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 September 2023
12,500 
Revaluations
(12,500)
At 31 August 2024
- 
Amortisation
At 1 September 2023
1,688 
Other increase/(decrease)
(1,688)
At 31 August 2024
- 
Net book value
At 31 August 2024
- 
At 31 August 2023
10,812 
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 September 2023
19,202 
At 31 August 2024
19,202 
Depreciation
At 1 September 2023
2,926 
Charge for the year
3,255 
At 31 August 2024
6,181 
Net book value
At 31 August 2024
13,021 
At 31 August 2023
16,276 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
3,754 
13,793 
Other debtors
5,642 
4,250 
9,396 
18,043 
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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 
£ 
£ 
Trade creditors
- 
2,322 
Taxes and social security
18 
158 
Other creditors
97,725 
117,600 
97,743 
120,080 
8
Average number of employees
During the year the average number of employees was 1 (2023: 2).
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