REGISTERED NUMBER: 05301310 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Damsel Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs K Jones

Mrs A Poole

SECRETARY:

Mrs A Poole

REGISTERED OFFICE:

17 Turnham Green Terrace

LONDON

W4 1RG

REGISTERED NUMBER:

05301310 (England and Wales)

ACCOUNTANTS:

G & A Partners LLP

Chartered Accountants

120 Cockfosters Road

Barnet

EN4 0DZ

FIXED ASSETS

Tangible assets

4

9,959

12,130

CURRENT ASSETS

Stocks

62,041

68,000

Debtors

5

-

6,250

Cash at bank and in hand

25,240

20,666

87,281

94,916

CREDITORS

Amounts falling due within one year

6

49,001

57,433

NET CURRENT ASSETS

38,280

37,483

TOTAL ASSETS LESS CURRENT LIABILITIES

48,239

49,613

PROVISIONS FOR LIABILITIES

2,110

122

NET ASSETS

46,129

49,491

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

46,127

49,489

SHAREHOLDERS' FUNDS

46,129

49,491

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

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

The directors acknowledge their 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 September 2025 and were signed on its behalf by:

Mrs K Jones - Director

1.	STATUTORY INFORMATION

Damsel Limited 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.

Turnover

Turnover represents sales of goods net of VAT and trade discounts. Turnover is recognised when the services are provided to the customer.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

2

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stock is valued at the lower of cost and net realisable value. Net realisable value represents estimated selling price less costs to complete and sell. Provision is made for slow moving, obsolete or damaged stock where the net realisable value is less than cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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 NIL (2023 - 4 ).

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

Computer

leasehold

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

48,930

17,930

11,750

13,946

92,556

Additions

-

-

-

542

542

At 31 December 2024

48,930

17,930

11,750

14,488

93,098

DEPRECIATION

At 1 January 2024

47,650

9,101

11,355

12,320

80,426

Charge for year

-

2,208

99

406

2,713

At 31 December 2024

47,650

11,309

11,454

12,726

83,139

NET BOOK VALUE

At 31 December 2024

1,280

6,621

296

1,762

9,959

At 31 December 2023

1,280

8,829

395

1,626

12,130

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Rent deposit

-

6,250

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

20,883

30,833

Trade creditors

883

(1

)

Tax

9,284

7,264

PAYE

1,827

1,554

Pensions

191

174

VAT

9,324

11,000

Directors' current accounts

4,639

4,639

Accrued expenses

1,970

1,970

49,001

57,433