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REGISTERED NUMBER: 10444531 (England and Wales)















DSK BESPOKE INTERIORS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024






DSK BESPOKE INTERIORS LTD (REGISTERED NUMBER: 10444531)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DSK BESPOKE INTERIORS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTOR: L Danskin





REGISTERED OFFICE: Unit 20A
Urban Road Business Park
Kirkby in Ashfield
Nottinghamshire
NG17 8AP





REGISTERED NUMBER: 10444531 (England and Wales)





ACCOUNTANTS: Killicks Limited
35/37 Kingsway
Kirkby in Ashfield
Nottinghamshire
NG17 7DR

DSK BESPOKE INTERIORS LTD (REGISTERED NUMBER: 10444531)

BALANCE SHEET
31 OCTOBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 323,197 233,651

CURRENT ASSETS
Stocks 2,500 2,500
Debtors 5 59,432 101,333
Cash at bank 441,459 379,887
503,391 483,720
CREDITORS
Amounts falling due within one year 6 220,812 198,046
NET CURRENT ASSETS 282,579 285,674
TOTAL ASSETS LESS CURRENT
LIABILITIES

605,776

519,325

CREDITORS
Amounts falling due after more than one
year

7

(211,944

)

(154,050

)

PROVISIONS FOR LIABILITIES (80,798 ) (37,000 )
NET ASSETS 313,034 328,275

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 313,032 328,273
313,034 328,275

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

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

The director acknowledges his 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.

DSK BESPOKE INTERIORS LTD (REGISTERED NUMBER: 10444531)

BALANCE SHEET - continued
31 OCTOBER 2024


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 30 June 2025 and were signed by:





L Danskin - Director


DSK BESPOKE INTERIORS LTD (REGISTERED NUMBER: 10444531)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1. STATUTORY INFORMATION

DSK Bespoke Interiors Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention.

Revenue recognition
Revenue comprises the fair value of consideration received or receivable, net of VAT, rebates and discounts.
Revenue arises from increases in valuations on contracts. Profit on contracts is calculated in accordance with accounting standards . The principal estimation technique used in attributing profits on contracts to a particular period is the preparation of forecasts on a contract by contract basis. These focus on revenues and costs to complete and enable an assessment to be made of the final position on each contact. Percentage completion is calculated by taking certified value to date as a percentage of estimated final value.
Foreseeable losses on contracts are accounted for immediately when a loss is foreseen.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on cost, 25% on reducing balance and 15% on reducing balance

Government grants
Government grants are revenue based where receipts are matched to the period which they relate to.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete or slow moving items.

Work in progress is valued at the lower of cost and net realisable value, plus an attributable proportion of profit on a contract by contract basis, less, if applicable, foreseeable losses (see policy above re revenue recognition). Progress payments invoiced are deducted from the value of work in progress on the balance sheet.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable costs.

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.


DSK BESPOKE INTERIORS LTD (REGISTERED NUMBER: 10444531)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

2. 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2023 - 12 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machiner
etc
£   
COST
At 1 November 2023 385,256
Additions 192,995
Disposals (5,828 )
At 31 October 2024 572,423
DEPRECIATION
At 1 November 2023 151,605
Charge for year 102,671
Eliminated on disposal (5,050 )
At 31 October 2024 249,226
NET BOOK VALUE
At 31 October 2024 323,197
At 31 October 2023 233,651

DSK BESPOKE INTERIORS LTD (REGISTERED NUMBER: 10444531)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machiner
etc
£   
COST
At 1 November 2023
and 31 October 2024 158,043
DEPRECIATION
At 1 November 2023
and 31 October 2024 30,129
NET BOOK VALUE
At 31 October 2024 127,914
At 31 October 2023 127,914

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 18,737 101,333
Other debtors 40,695 -
59,432 101,333

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 5,000 5,000
Hire purchase contracts 83,254 33,830
Trade creditors 26,539 17,846
Taxation and social security 66,569 64,127
Other creditors 39,450 77,243
220,812 198,046

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 29,167 34,167
Hire purchase contracts 182,777 119,883
211,944 154,050

DSK BESPOKE INTERIORS LTD (REGISTERED NUMBER: 10444531)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2024 2023
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 9,167 14,167

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 266,031 153,713

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £51,000 (2023 - £40,000) were paid to the director .