Company Registration No. 10766425 (England and Wales)
Divine Butler News Limited
Unaudited accounts
for the year ended 31 December 2024
Divine Butler News Limited
Unaudited accounts
Contents
Divine Butler News Limited
Company Information
for the year ended 31 December 2024
Directors
Dip Sukhadiya
Priti Dip Sukhadiya
Company Number
10766425 (England and Wales)
Registered Office
Divine News Agents 50, Shad Thames
Anchor Brewhouse
London
SE1 2LY
United Kingdom
Accountants
Equifin Accountancy Ltd
Unit A-4 Livingstone Court
55 Peel Road
Harrow
Middlesex
HA3 7QT
Divine Butler News Limited
Statement of financial position
as at 31 December 2024
Tangible assets
20,414
23,703
Cash at bank and in hand
7,878
(4,558)
Creditors: amounts falling due within one year
(28,870)
(22,492)
Net current assets
7,688
3,033
Called up share capital
100
100
Profit and loss account
28,002
26,636
Shareholders' funds
28,102
26,736
For the year ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 24 December 2025 and were signed on its behalf by
Dip Sukhadiya
Director
Company Registration No. 10766425
Divine Butler News Limited
Notes to the Accounts
for the year ended 31 December 2024
Divine Butler News Limited is a private company, limited by shares, registered in England and Wales, registration number 10766425. The registered office is Divine News Agents 50, Shad Thames, Anchor Brewhouse, London, SE1 2LY, United Kingdom.
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.
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.
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:
Divine Butler News Limited
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2024
17,160
6,543
23,703
At 31 December 2024
17,160
8,358
25,518
Charge for the year
3,432
1,672
5,104
At 31 December 2024
3,432
1,672
5,104
At 31 December 2024
13,728
6,686
20,414
At 31 December 2023
17,160
6,543
23,703
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
13,611
22,492
Amounts owed to group undertakings and other participating interests
2,560
-
Taxes and social security
1,091
-
Loans from directors
7,864
-
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).