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DEGRADED.STORE LIMITED
REGISTERED NUMBER: 15143202
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2025
Notes
Degraded.Store Limited is a private company limited by shares, incorporated in England and Wales with the registered number 15143202. Its registered office is 2 The Arcade, 2 Bournemouth Arcade, (Curb Culture), Bournemouth, Dorset, England, BH1 2AF.
Average number of employees
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The average monthly number of employees, including directors, during the year was 1 (2024 - 1).
Directors' benefits: advances, credits and guarantees
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At the start of the year the company owed the director £2,967. During the year the company advanced £14,848 to the director and paid expenses of £539 on behalf of the director. Interest of £52 was charged on the loan during the year. At the end of the year the director owed the company £12,472. The loan has an interest reate of 3.75% on balances overdrawn by £10,000 or above. The loan was repaid in full within 9 months of the year end.
Director's confirmations
The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to entities subject to the micro-entities' regime.
The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
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