Deson Bespoke Products Limited - Period Ending 2019-04-30

Registration number: 11473173

Deson Bespoke Products Limited

Annual Report and Unaudited Financial Statements

for the Period from 19 July 2018 to 30 April 2019

Deson Bespoke Products Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 3

Deson Bespoke Products Limited

(Registration number: 11473173)
Balance Sheet as at 30 April 2019

	Note	2019 £
Current assets
Cash at bank and in hand		105
Creditors: Amounts falling due within one year	4	(13,920)
Net liabilities		(13,815)
Capital and reserves
Called up share capital	5	100
Profit and loss account		(13,915)
Total equity		(13,815)

For the financial period ending 30 April 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 30 January 2020
 

.........................................

Ms Y Gao-Wang
Director

The notes on pages 2 to 3 form an integral part of these financial statements.

Page 1

Deson Bespoke Products Limited

Notes to the Unaudited Financial Statements for the Period from 19 July 2018 to 30 April 2019

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
30 St. Giles'
Oxford
OX1 3LE

These financial statements were authorised for issue by the director on 30 January 2020.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Disclosure of long or short period

The company's first financial statements are for the period 19 July 2018 to 30 April 2019.

Going concern

The financial statements have been prepared on a going concern basis as the company director, who also controls the company, has confirmed continued support for the foreseeable future.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price.

Page 2

Deson Bespoke Products Limited

Notes to the Unaudited Financial Statements for the Period from 19 July 2018 to 30 April 2019

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

4

Creditors

Creditors: amounts falling due within one year

	2019 £
Due within one year
Accruals and deferred income	420
Other creditors	13,500
	13,920

5	Share capital

Allotted, called up and fully paid shares

	2019
	No.	£
Ordinary Share Capital of £1 each	100	100

6	Parent and ultimate parent undertaking

The company's immediate parent is Deson Holdings Limited, incorporated in England.

 The ultimate controlling party is Ms Y Gao-Wang.

Page 3