Company Registration No. 11589876 (England and Wales)
D.t. Lofts Ltd
Unaudited accounts
for the year ended 30 September 2024
D.t. Lofts Ltd
Unaudited accounts
Contents
D.t. Lofts Ltd
Company Information
for the year ended 30 September 2024
Company Number
11589876 (England and Wales)
Registered Office
38 The Lawns
Harrow
HA5 4BL
England
Accountants
ASHLEIGH MANN
60a, Station Road
North Harrow
HA2 7SL
D.t. Lofts Ltd
Statement of financial position
as at 30 September 2024
Tangible assets
27,049
40,181
Cash at bank and in hand
99,745
160,893
Creditors: amounts falling due within one year
(9,884)
(19,389)
Net current assets
150,802
143,512
Net assets
177,851
183,693
Called up share capital
100
100
Profit and loss account
177,751
183,593
Shareholders' funds
177,851
183,693
For the year ending 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 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 25 June 2025 and were signed on its behalf by
Dylber Gashi
Director
Company Registration No. 11589876
D.t. Lofts Ltd
Notes to the Accounts
for the year ended 30 September 2024
D.t. Lofts Ltd is a private company, limited by shares, registered in England and Wales, registration number 11589876. The registered office is 38 The Lawns, , Harrow, HA5 4BL, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. 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 are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
33.33% Straight Line
Motor vehicles
33.33% Straight Line
Computer equipment
33.33% Straight Line
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
D.t. Lofts Ltd
Notes to the Accounts
for the year ended 30 September 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2023
21,372
42,545
-
63,917
At 30 September 2024
21,372
42,545
1,219
65,136
At 1 October 2023
21,372
2,364
-
23,736
Charge for the year
-
14,182
169
14,351
At 30 September 2024
21,372
16,546
169
38,087
At 30 September 2024
-
25,999
1,050
27,049
At 30 September 2023
-
40,181
-
40,181
Amounts falling due within one year
Accrued income and prepayments
941
2,008
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
1,597
Taxes and social security
8,945
11,969
Other creditors
1,524
1,239
Loans from directors
-
(433)
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Average number of employees
During the year the average number of employees was 1 (2023: 1).