Dsretailuk Ltd - Accounts to registrar (filleted) - small 18.2

Dsretailuk Ltd - Accounts to registrar (filleted) - small 18.2

DSRETAILUK LTD - Company Information

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REGISTERED NUMBER: 11599061 (England and Wales)















DSRETAILUK LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2020





Spurling Cannon
King Arthur’s Court
Maidstone Road
Charing
Kent
TN27 0JS








DSRETAILUK LTD (REGISTERED NUMBER: 11599061)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2020




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 6

DSRETAILUK LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2020







DIRECTOR: Mrs S J Spencer





REGISTERED OFFICE: 71-75 Shelton Street
London
Greater London
United Kingdom
WC2H 9JQ





REGISTERED NUMBER: 11599061 (England and Wales)





ACCOUNTANTS: Spurling Cannon
King Arthur’s Court
Maidstone Road
Charing
Kent
TN27 0JS
Page 1
DSRETAILUK LTD (REGISTERED NUMBER: 11599061)

BALANCE SHEET
31 OCTOBER 2020

2020 2019
Notes £    £   
FIXED ASSETS
Tangible assets 4 351 -

CURRENT ASSETS
Stocks 1,289 524
Cash at bank 17,258 953
18,547 1,477
CREDITORS
Amounts falling due within one year 5 (2,811 ) (1,615 )
NET CURRENT ASSETS/(LIABILITIES) 15,736 (138 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
16,087
(138
)

CREDITORS
Amounts falling due after more than one year 6 (15,000 ) -
NET ASSETS/(LIABILITIES) 1,087 (138 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 987 (238 )
1,087 (138 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 notes form part of these financial statements

Page 2 continued...
DSRETAILUK LTD (REGISTERED NUMBER: 11599061)

BALANCE SHEET - continued
31 OCTOBER 2020


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 director and authorised for issue on 28 June 2021 and were signed by:





Mrs S J Spencer - Director


The notes form part of these financial statements

Page 3
DSRETAILUK LTD (REGISTERED NUMBER: 11599061)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2020

1. STATUTORY INFORMATION

Dsretailuk Ltd 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.

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 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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - Straight line over 3 years

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

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 balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2019 - NIL).

Page 4 continued...
DSRETAILUK LTD (REGISTERED NUMBER: 11599061)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2020

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
Additions 526
At 31 October 2020 526
DEPRECIATION
Charge for year 175
At 31 October 2020 175
NET BOOK VALUE
At 31 October 2020 351

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
£    £   
Trade creditors 635 73
Corporation Tax 153 -
Directors' current accounts 1,203 1,062
Accrued expenses 820 480
2,811 1,615

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2020 2019
£    £   
Bounce Back Loan 15,000 -

Page 5
CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
DSRETAILUK LTD

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Dsretailuk Ltd for the year ended 31 October 2020 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Dsretailuk Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Dsretailuk Ltd and state those matters that we have agreed to state to the director of Dsretailuk Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Dsretailuk Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Dsretailuk Ltd. You consider that Dsretailuk Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Dsretailuk Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Spurling Cannon
King Arthur’s Court
Maidstone Road
Charing
Kent
TN27 0JS


28 June 2021

This page does not form part of the statutory financial statements

Page 6