Company Registration No. 07164165 (England and Wales)
DEMELLIER LTD.
Unaudited accounts
for the year ended 31 July 2019
DEMELLIER LTD.
Unaudited accounts
Contents
DEMELLIER LTD.
Company Information
for the year ended 31 July 2019
Directors
Mrs Mireia Llusia
Mrs Anna Sweeting
Company Number
07164165 (England and Wales)
Registered Office
1st Floor
156 Buckingham Palace Road
London
SW1W 9TR
Accountants
VJS Accountancy Services Limited
Georgeville
Hurtmore Road
Godalming
Surrey
GU7 2RA
DEMELLIER LTD.
Statement of financial position
as at
31 July 2019
Intangible assets
13,017
15,700
Tangible assets
52,404
36,973
Inventories
527,971
187,518
Cash at bank and in hand
289,416
314,951
Creditors: amounts falling due within one year
(400,341)
(89,006)
Net current assets
705,176
480,766
Net assets
770,597
533,439
Called up share capital
1,250
1,250
Share premium
499,750
499,750
Profit and loss account
269,597
32,439
Shareholders' funds
770,597
533,439
For the year ending 31 July 2019 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 directors acknowledge their 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.
Approved by the Board on 30 November 2019.
Mrs Mireia Llusia
Director
Company Registration No. 07164165
DEMELLIER LTD.
Notes to the Accounts
for the year ended 31 July 2019
DEMELLIER LTD. is a private company, limited by shares, registered in England and Wales, registration number 07164165. The registered office is 1st Floor, 156 Buckingham Palace Road, London, SW1W 9TR.
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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 and in accordance with FRS 102 Section 1A Small Entities.
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:
Fixtures & fittings
20% Straight Line
Computer equipment
20% Straight Line
Intangible fixed assets (including cost of Trademarks for Rebranding) are included at cost less accumulated amortisation. Amortisation has been provided at a rate of of 20% Straight Line.
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Intangible fixed assets
Goodwill
Other
Total
At 1 August 2018
16,242
21,985
38,227
At 31 July 2019
16,242
23,914
40,156
At 1 August 2018
16,242
6,285
22,527
Charge for the year
-
4,612
4,612
At 31 July 2019
16,242
10,897
27,139
At 31 July 2019
-
13,017
13,017
At 31 July 2018
-
15,700
15,700
DEMELLIER LTD.
Notes to the Accounts
for the year ended 31 July 2019
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Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 August 2018
23,570
35,113
58,683
Additions
6,624
21,195
27,819
At 31 July 2019
30,194
56,308
86,502
At 1 August 2018
14,264
7,446
21,710
Charge for the year
3,820
8,568
12,388
At 31 July 2019
18,084
16,014
34,098
At 31 July 2019
12,110
40,294
52,404
At 31 July 2018
9,306
27,667
36,973
Raw materials
104,981
87,216
Finished goods
422,990
100,302
Trade debtors
253,555
2,690
Accrued income and prepayments
10,369
8,456
Other debtors
24,206
56,157
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Creditors: amounts falling due within one year
2019
2018
Trade creditors
253,703
35,293
Taxes and social security
87,584
32,084
Other creditors
47,617
3,011
Deferred income
11,437
18,618
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Average number of employees
During the year the average number of employees was 10 (2018: 9).