Company Registration No. 07164165 (England and Wales)
DEMELLIER LTD.
Unaudited accounts
for the year ended 31 July 2018
DEMELLIER LTD.
Unaudited accounts
Contents
DEMELLIER LTD.
Company Information
for the year ended 31 July 2018
Directors
Mrs Mireia Llusia-Lindh
Miss 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 2018
Intangible assets
15,700
17,673
Tangible assets
36,973
30,744
Inventories
187,518
127,131
Cash at bank and in hand
314,951
225,149
Creditors: amounts falling due within one year
(89,006)
(99,223)
Net current assets
480,766
262,701
Total assets less current liabilities
533,439
311,118
Creditors: amounts falling due after more than one year
-
(28,787)
Net assets
533,439
282,331
Called up share capital
1,250
1,250
Share premium
499,750
499,750
Profit and loss account
32,439
(218,669)
Shareholders' funds
533,439
282,331
For the year ending 31 July 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 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 21 November 2018.
Mrs Mireia Llusia-Lindh
Director
Company Registration No. 07164165
DEMELLIER LTD.
Notes to the Accounts
for the year ended 31 July 2018
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.
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 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.
4
Intangible fixed assets
Goodwill
Other
Total
At 1 August 2017
16,242
19,764
36,006
At 31 July 2018
16,242
21,985
38,227
At 1 August 2017
16,242
2,091
18,333
Charge for the year
-
4,194
4,194
At 31 July 2018
16,242
6,285
22,527
At 31 July 2018
-
15,700
15,700
At 31 July 2017
-
17,673
17,673
DEMELLIER LTD.
Notes to the Accounts
for the year ended 31 July 2018
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 August 2017
10,043
33,209
43,252
Additions
13,527
1,904
15,431
At 31 July 2018
23,570
35,113
58,683
At 1 August 2017
8,517
3,991
12,508
Charge for the year
5,747
3,455
9,202
At 31 July 2018
14,264
7,446
21,710
At 31 July 2018
9,306
27,667
36,973
At 31 July 2017
1,526
29,218
30,744
Raw materials
87,216
20,497
Work in progress
-
41,432
Finished goods
100,302
65,202
Accrued income and prepayments
8,456
8,304
Other debtors
56,157
1,340
8
Creditors: amounts falling due within one year
2018
2017
Trade creditors
35,293
84,851
Taxes and social security
32,084
14,114
Other creditors
3,011
258
9
Creditors: amounts falling due after more than one year
2018
2017
10
Average number of employees
During the year the average number of employees was 9 (2017: 9).