DIRTEA LTD

Company Registration Number:
12172107 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 September 2023

End date: 31 December 2024

DIRTEA LTD

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

DIRTEA LTD

Balance sheet

As at 31 December 2024


Notes
16 months to 31 December 2024
2023


£
£
Fixed assets
Intangible assets: 3 63,906 44,747
Tangible assets: 4 99,500 82,525
Investments: 5 350,000 350,000
Total fixed assets: 513,406 477,272
Current assets
Stocks: 1,153,063 578,940
Debtors: 6 611,041 339,949
Cash at bank and in hand: 426,764 744,628
Total current assets: 2,190,868 1,663,517
Creditors: amounts falling due within one year: 7 (3,797,286) (1,488,335)
Net current assets (liabilities): (1,606,418) 175,182
Total assets less current liabilities: (1,093,012) 652,454
Total net assets (liabilities): (1,093,012) 652,454
Capital and reserves
Called up share capital: 2,917 2,756
Share premium account: 6,173,148 3,209,836
Profit and loss account: (7,269,077) (2,560,138)
Shareholders funds: (1,093,012) 652,454

The notes form part of these financial statements

DIRTEA LTD

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 11 September 2025
and signed on behalf of the board by:

Name: Ms J Salmanpour
Status: Director

The notes form part of these financial statements

DIRTEA LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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 policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Computer equipment - 20% on cost Fixture and Fittings - 20% on cost

Intangible fixed assets and amortisation policy

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. Trademark are being amortised evenly over their estimated useful life of ten years. Brand development has been fully amortised in the current year.

Valuation and information policy

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

DIRTEA LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

16 months to 31 December 2024 2023
Average number of employees during the period 24 13

DIRTEA LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Intangible Assets

Total
Cost £
At 01 September 2023 44,747
Additions 19,159
At 31 December 2024 63,906
Net book value
At 31 December 2024 63,906
At 31 August 2023 44,747

DIRTEA LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Tangible Assets

Total
Cost £
At 01 September 2023 93,801
Additions 38,596
At 31 December 2024 132,397
Depreciation
At 01 September 2023 11,276
Charge for year 21,621
At 31 December 2024 32,897
Net book value
At 31 December 2024 99,500
At 31 August 2023 82,525

DIRTEA LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Fixed investments

INVESTMENT PROPERTY Total £ FAIR VALUE At 1 September 2023 and 31 December 2024 350,000 NET BOOK VALUE At 31 December 2024 350,000 At 31 August 2023 350,000

DIRTEA LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Debtors

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.24 31.8.23 £ £ Trade debtors 229,168 58,211 Other debtors 381,873 281,738 Total 611,041 339,949

DIRTEA LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

7. Creditors: amounts falling due within one year note

. 31.12.24 31.8.23 £ £ Bank loans and overdrafts 174,035 29,077 Trade creditors 1,166,848 1,023,547 Taxation and social security 56,192 44,350 Other creditors 2,400,211 391,361 Total 3,797,286 1,488,335

DIRTEA LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

8. Related party transactions

At the end of the year the company owed an amount of £1,996,714 (2023 : £289,745) to its directors.