DESIGNER SOFAS (LONDON) LTD,Ltd - AccountsLtd - Accounts

DESIGNER SOFAS (LONDON) LTD,Ltd - AccountsLtd - Accounts

DESIGNER SOFAS (LONDON) LTD - Company Information

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2019-08-01 08600083 2021-01-31 08600083 2019-08-01 2021-01-31 08600083 2019-07-31 08600083 2018-08-01 2019-07-31 08600083 uk-core:WithinOneYear 2019-07-31 08600083 uk-core:WithinOneYear 2021-01-31 08600083 uk-core:ShareCapital 2021-01-31 08600083 uk-core:ShareCapital 2019-07-31 08600083 uk-core:RetainedEarningsAccumulatedLosses 2021-01-31 08600083 uk-core:RetainedEarningsAccumulatedLosses 2019-07-31 08600083 uk-bus:Director1 2019-08-01 2021-01-31 iso4217:GBP xbrli:pure 08600083 uk-bus:AuditExemptWithAccountantsReport 2019-08-01 2021-01-31 08600083 uk-bus:FRS102 2019-08-01 2021-01-31 08600083 uk-bus:FullAccounts 2019-08-01 2021-01-31 08600083 uk-bus:PrivateLimitedCompanyLtd 2019-08-01 2021-01-31
DESIGNER SOFAS (LONDON) LTD
Registered Number:08600083
For the period ended 31 January 2021
England and Wales
Unaudited Financial Statements
2
For the period ended 31 January 2021
DESIGNER SOFAS (LONDON) LTD
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
08600083
As at 31 January 2021
DESIGNER SOFAS (LONDON) LTD
Statement of Financial Position
£
£
2019
2021
Notes
Fixed assets
Property, plant and equipment
1,134,000
1,260,000
2
1,134,000
1,260,000
Current assets
Inventories
1,310,650
411,666
3
450,174
Cash and cash equivalents
73,677
485,343
1,760,824
Trade and other payables: amounts falling due within one
year
(1,622,626)
(146,925)
4
138,198
338,418
Net current assets
Total assets less current liabilities
1,472,418
1,398,198
1,472,418
Net assets
1,398,198
Capital and reserves
Called up share capital
1
1
Retained earnings
1,472,417
1,398,197
1,472,418
1,398,198
Shareholders' funds
For the period ended 31 January 2021 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 of its financial statements for the period ended 31 January 2021 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Derek Solomon Director
These financial statements were approved and authorised for issue by the Board on 29 October 2021 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the period ended 31 January 2021
DESIGNER SOFAS (LONDON) LTD
Notes to the Financial Statements
Statutory Information
DESIGNER SOFAS (LONDON) LTD is a private limited company, limited by shares, domiciled in England and Wales,
registration number 08600083.
Registered address:
82 TOTTENHAM COURT ROAD
LONDON
ENGLAND
W1T 4TF
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Property, plant and equipment
Furniture and
Fittings
£
Cost or
valuation
At 01 August 2019
1,585,357
At 31 January 2021
1,585,357
Provision for depreciation and impairment
At 01 August 2019
325,357
Charge for period
126,000
At 31 January 2021
451,357
At 31 January 2021
Net book value
1,134,000
At 31 July 2019
1,260,000
3. Inventories
2019
2021
£
£
Stocks
411,666
1,310,650
2 of 3
5
For the period ended 31 January 2021
DESIGNER SOFAS (LONDON) LTD
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2019
2021
£
£
Trade creditors
85,871
1,500,655
Taxation and social security
61,054
121,971
146,925
1,622,626
5. Average number of persons employed
During the year the average number of employees was 0 (2019 : 18)
3 of 3