The Desired House Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 11214740 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28TH FEBRUARY 2021

FOR

THE DESIRED HOUSE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs J C Moreno Robles

Mrs B Povaly

REGISTERED OFFICE:

24 Bennerley Road

London

SW11 6DS

REGISTERED NUMBER:

11214740 (England and Wales)

ACCOUNTANTS:

Richardson Jones

Chartered Accountants

Mercury House

19-21 Chapel Street

Marlow

Buckinghamshire

SL7 3HN

FIXED ASSETS

Tangible assets

4

917

1,309

CURRENT ASSETS

Stocks

858

-

Cash at bank

5,047

3,135

5,905

3,135

CREDITORS

Amounts falling due within one year

5

18,768

13,987

NET CURRENT LIABILITIES

(12,863

)

(10,852

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(11,946

)

(9,543

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

6

(12,046

)

(9,643

)

(11,946

)

(9,543

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 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 Board of Directors and authorised for issue on 30th November 2021 and were signed on its behalf by:

Mrs B Povaly - Director

Mrs J C Moreno Robles - Director

1.	STATUTORY INFORMATION

The Desired House 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.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1st March 2020

and 28th February 2021

1,571

DEPRECIATION

At 1st March 2020

262

Charge for year

392

At 28th February 2021

654

NET BOOK VALUE

At 28th February 2021

917

At 29th February 2020

1,309

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.21

29.2.20

£

£

Directors' current accounts

17,987

13,087

Accrued expenses

781

900

18,768

13,987

6.

RESERVES

Retained

earnings

£

At 1st March 2020

(9,643

)

Deficit for the year

(2,403

)

At 28th February 2021

(12,046

)