Company Registration No. 13396279 (England and Wales)
DAMASCENA CITY LTD
Unaudited accounts
for the year ended 30 June 2023
DAMASCENA CITY LTD
Unaudited accounts
Contents
DAMASCENA CITY LTD
Company Information
for the year ended 30 June 2023
Director
Anas Zein Al-Abdeen
Company Number
13396279 (England and Wales)
Registered Office
DAMASCENA CITY LIMITED LYNDON HOUSE
62 HAGLEY RD
BIRMINGHAM
B16 8PE
ENGLAND
DAMASCENA CITY LTD
Statement of financial position
as at 30 June 2023
Tangible assets
18,170
11,761
Cash at bank and in hand
117,493
82,094
Creditors: amounts falling due within one year
(233,997)
(123,103)
Net current liabilities
(423)
(40,683)
Total assets less current liabilities
17,747
(28,922)
Creditors: amounts falling due after more than one year
(16,944)
(15,328)
Net assets/(liabilities)
803
(44,250)
Called up share capital
1
1
Profit and loss account
802
(44,251)
Shareholders' funds
803
(44,250)
For the year ending 30 June 2023 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 8 March 2024 and were signed on its behalf by
Anas Zein Al-Abdeen
Director
Company Registration No. 13396279
DAMASCENA CITY LTD
Notes to the Accounts
for the year ended 30 June 2023
DAMASCENA CITY LTD is a private company, limited by shares, registered in England and Wales, registration number 13396279. The registered office is DAMASCENA CITY LIMITED LYNDON HOUSE, 62 HAGLEY RD, BIRMINGHAM, B16 8PE, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line
4
Tangible fixed assets
Plant & machinery
DAMASCENA CITY LTD
Notes to the Accounts
for the year ended 30 June 2023
Amounts falling due within one year
Accrued income and prepayments
14,830
-
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
236,497
80,969
Loans from directors
1,523
513
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
