DIET ESSENCE LIMITED,Ltd - AccountsLtd - Accounts

DIET ESSENCE LIMITED,Ltd - AccountsLtd - Accounts


2017-02-01 08359396 2018-01-31 08359396 2017-02-01 2018-01-31 08359396 2017-01-31 08359396 2016-02-01 2017-01-31 08359396 uk-core:WithinOneYear 2017-01-31 08359396 uk-core:WithinOneYear 2018-01-31 08359396 uk-core:AfterOneYear 2017-01-31 08359396 uk-core:AfterOneYear 2018-01-31 08359396 uk-core:ShareCapital 2018-01-31 08359396 uk-core:ShareCapital 2017-01-31 08359396 uk-core:RetainedEarningsAccumulatedLosses 2018-01-31 08359396 uk-core:RetainedEarningsAccumulatedLosses 2017-01-31 08359396 uk-bus:Director1 2017-02-01 2018-01-31 08359396 uk-core:ToolsEquipment 2017-02-01 2018-01-31 08359396 uk-core:IntangibleAssetsOtherThanGoodwill 2017-01-31 08359396 uk-core:IntangibleAssetsOtherThanGoodwill 2018-01-31 08359396 uk-core:WithinOneYear 2018-01-31 08359396 uk-core:WithinOneYear 2017-01-31 08359396 uk-core:AfterOneYear uk-core:Secured 2018-01-31 08359396 uk-core:AfterOneYear uk-core:Secured 2017-01-31 iso4217:GBP 08359396 uk-bus:AuditExemptWithAccountantsReport 2017-02-01 2018-01-31 08359396 uk-bus:FRS102 2017-02-01 2018-01-31 08359396 uk-bus:FullAccounts 2017-02-01 2018-01-31 08359396 uk-bus:PrivateLimitedCompanyLtd 2017-02-01 2018-01-31
DIET ESSENCE LIMITED
Registered Number:08359396
For the year ended 31 January 2018
England and Wales
Unaudited Financial Statements
2
For the year ended 31 January 2018
DIET ESSENCE LIMITED
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
As at 31 January 2018
DIET ESSENCE LIMITED
Statement of Financial Position
Registered Number :
08359396
£
£
2017
2018
Notes
Fixed assets
Intangible assets
142,400
142,400
2
Property, plant and equipment
186
277
3
142,586
142,677
Current assets
-
Cash and cash equivalents
2,460
2,460
-
Trade and other payables: amounts falling due within one
year
(19,925)
(107,030)
4
(19,925)
(104,570)
Net current liabilities
Total assets less current liabilities
38,016
122,752
Trade and other payables: amounts falling due after more
than one year
(108,858)
(51,601)
5
(13,585)
Net assets/liabilities
13,894
Capital and reserves
Called up share capital
1
1
Retained earnings
(13,586)
13,893
(13,585)
13,894
Shareholders' funds
For the year ended 31 January 2018 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 year ended 31 January 2018 in accordance with Section 476 of the Companies Act 2006
The director acknowledges her 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.
Mrs TEMITOPE OJO Director
These financial statements were approved and authorised for issue by the Board on 26 September 2018 and were signed by:
The notes form part of these financial statements
1 of 4
4
For the year ended 31 January 2018
DIET ESSENCE LIMITED
Notes to the Financial Statements
Statutory Information
DIET ESSENCE LIMITED is a private limited company, limited by shares, domiciled in England and Wales,
registration number 08359396.
Registered address:
78 LEWISHAM HIGH STREET
LEWISHAM
LONDON
SE13 5JX
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
33 Reducing balance
Computer equipment
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2 of 4
5
For the year ended 31 January 2018
DIET ESSENCE LIMITED
Notes to the Financial Statements Continued
2. Intangible fixed assets
Other
Intangible
Assets
Cost or valuation
£
At 01 February 2017
178,000
At 31 January 2018
178,000
Amortisation
At 01 February 2017
35,600
At 31 January 2018
35,600
Net book value
At 31 January 2018
142,400
At 31 January 2017
142,400
3. Property, plant and equipment
Computer
equipment
£
Cost or
valuation
At 01 February 2017
624
At 31 January 2018
624
Provision for depreciation and impairment
At 01 February 2017
347
Charge for year
91
At 31 January 2018
438
At 31 January 2018
Net book value
186
At 31 January 2017
277
4. Trade and other payables: amounts falling due within one year
2017
2018
£
£
Bank loans and overdraft
-
375
Trade creditors
1
(2)
Taxation and social security
1,811
3,097
Other creditors
105,218
16,455
107,030
19,925
3 of 4
6
For the year ended 31 January 2018
DIET ESSENCE LIMITED
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due after more than one year
2017
2018
£
£
Bank loans and overdraft
51,601
108,858
4 of 4