DETAIL RENOVATIONS LIMITED,Ltd - AccountsLtd - Accounts

DETAIL RENOVATIONS LIMITED,Ltd - AccountsLtd - Accounts

DETAIL RENOVATIONS LIMITED - Company Information

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2023-06-01 11989250 2024-03-31 11989250 2023-06-01 2024-03-31 11989250 2023-05-31 11989250 2022-06-01 2023-05-31 11989250 uk-core:WithinOneYear 2023-05-31 11989250 uk-core:WithinOneYear 2024-03-31 11989250 uk-core:ShareCapital 2024-03-31 11989250 uk-core:ShareCapital 2023-05-31 11989250 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 11989250 uk-core:RetainedEarningsAccumulatedLosses 2023-05-31 11989250 uk-bus:Director1 2023-06-01 2024-03-31 11989250 uk-core:NetGoodwill 2023-06-01 2024-03-31 11989250 uk-core:Goodwill 2023-05-31 11989250 uk-core:Goodwill 2024-03-31 11989250 uk-core:Goodwill 2023-06-01 2024-03-31 iso4217:GBP xbrli:pure 11989250 uk-bus:AuditExemptWithAccountantsReport 2023-06-01 2024-03-31 11989250 uk-bus:FRS102 2023-06-01 2024-03-31 11989250 uk-bus:FilletedAccounts 2023-06-01 2024-03-31 11989250 uk-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-03-31
DETAIL RENOVATIONS LIMITED
Registered Number:11989250
For the period ended 31 March 2024
England and Wales
Unaudited Financial Statements
2
For the period ended 31 March 2024
DETAIL RENOVATIONS LIMITED
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
11989250
As at 31 March 2024
DETAIL RENOVATIONS LIMITED
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Intangible assets
-
1,588
2
-
1,588
Current assets
Trade and other receivables
520
59
3
7,402
Cash and cash equivalents
1,730
1,789
7,922
Trade and other payables: amounts falling due within one
year
(2,373)
(1,756)
4
5,549
33
Net current assets
Total assets less current liabilities
33
7,137
33
Net assets
7,137
Capital and reserves
Called up share capital
1
1
Retained earnings
32
7,136
33
7,137
Shareholders' funds
For the period ended 31 March 2024 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 March 2024 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.
Jay Lee Price Director
These financial statements were approved and authorised for issue by the Board on 09 May 2024 and were signed by:
The notes form part of these financial statements
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4
For the period ended 31 March 2024
DETAIL RENOVATIONS LIMITED
Notes to the Financial Statements
Statutory Information
DETAIL RENOVATIONS LIMITED is a private limited company, limited by shares, domiciled in England and Wales,
registration number 11989250.
Principal place of business:
376 Yatesbury Avenue
Birmingham
B35 6DG
Registered address:
KLM Associates
Jaguar House
Cecil Street
Birmingham
B19 3ST
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.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Goodwill
Goodwill, being the amount paid in connection with the incorporation of a connected business in 2019, is being amortised evenly over its estimated useful life of 5 years.
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 June 2023
7,940
At 31 March 2024
7,940
Amortisation
At 01 June 2023
6,352
1,588
Charge for period
At 31 March 2024
7,940
Net book value
At 31 March 2024
-
At 31 May 2023
1,588
2 of 3
5
For the period ended 31 March 2024
DETAIL RENOVATIONS LIMITED
Notes to the Financial Statements Continued
3. Trade and other receivables
2023
2024
£
£
Trade debtors
-
520
Other debtors
59
-
520
59
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Taxation and social security
348
1,620
Accruals and deferred income
690
690
Directors' loan accounts
718
63
1,756
2,373
5. Related party transactions
The ultimate controlling party during the year was Jay Lee Price , director , whom controls the company by virtue of
owning 100% of the share capital.
6. Average number of persons employed
During the year the average number of employees was 1 (2023 : 1)
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