Company Registration No. 11989309 (England and Wales)
DAMAS GARDENS LTD
Unaudited accounts
for the year ended 31 May 2023
DAMAS GARDENS LTD
Unaudited accounts
Contents
DAMAS GARDENS LTD
Company Information
for the year ended 31 May 2023
Company Number
11989309 (England and Wales)
Registered Office
43-45 High Street Acton London
London
W3 6ND
Accountants
Melon Accountants Ltd
Suite LG5, 136-144 New Kings Road
London
SW6 4LZ
DAMAS GARDENS LTD
Statement of financial position
as at 31 May 2023
Tangible assets
13,170
22,454
Inventories
112,892
176,392
Cash at bank and in hand
3,391
8,842
Creditors: amounts falling due within one year
(66,003)
(75,586)
Net current assets
50,472
109,756
Total assets less current liabilities
63,642
132,210
Creditors: amounts falling due after more than one year
(57,821)
(130,338)
Called up share capital
100
100
Profit and loss account
5,721
1,772
Shareholders' funds
5,821
1,872
For the year ending 31 May 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 15 July 2023 and were signed on its behalf by
CHOKR Hussein
Director
Company Registration No. 11989309
DAMAS GARDENS LTD
Notes to the Accounts
for the year ended 31 May 2023
DAMAS GARDENS LTD is a private company, limited by shares, registered in England and Wales, registration number 11989309. The registered office is 43-45 High Street Acton London, London, W3 6ND.
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.
These financial statements for the year ended 31 May 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 June 2021.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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
Straight line 20%
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 June 2022
31,201
18,333
49,534
At 31 May 2023
33,751
18,333
52,084
At 1 June 2022
17,912
9,168
27,080
Charge for the year
7,250
4,584
11,834
At 31 May 2023
25,162
13,752
38,914
At 31 May 2023
8,589
4,581
13,170
At 31 May 2022
13,289
9,165
22,454
DAMAS GARDENS LTD
Notes to the Accounts
for the year ended 31 May 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
4,227
3,184
Trade creditors
22,890
31,500
Taxes and social security
2,999
355
Other creditors
22,000
28,000
7
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
21,000
88,414
8
Average number of employees
During the year the average number of employees was 15 (2022: 15).
