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REGISTERED NUMBER: 09118494 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2018

for

The Way Design Ltd

The Way Design Ltd (Registered number: 09118494)






Contents of the Financial Statements
for the Year Ended 31 July 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


The Way Design Ltd

Company Information
for the Year Ended 31 July 2018







DIRECTORS: I Rabey
H Swift





SECRETARY:





REGISTERED OFFICE: 3 Rodbourne Road
Bristol
BS10 5AT





REGISTERED NUMBER: 09118494 (England and Wales)





ACCOUNTANTS: Kingscote Accountancy Limited
Rodney House
Clifton Down Road
Clifton
Bristol
BS8 4AL

The Way Design Ltd (Registered number: 09118494)

Balance Sheet
31 July 2018

31.7.18 31.7.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,101 2,270

CURRENT ASSETS
Debtors 5 82,033 31,769
Cash at bank 38,170 28,439
120,203 60,208
CREDITORS
Amounts falling due within one year 6 67,574 60,128
NET CURRENT ASSETS 52,629 80
TOTAL ASSETS LESS CURRENT
LIABILITIES

57,730

2,350

PROVISIONS FOR LIABILITIES 969 454
NET ASSETS 56,761 1,896

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 56,661 1,796
SHAREHOLDERS' FUNDS 56,761 1,896

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections
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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 11 November 2018 and were signed on its behalf
by:



I Rabey - Director


The Way Design Ltd (Registered number: 09118494)

Notes to the Financial Statements
for the Year Ended 31 July 2018

1. STATUTORY INFORMATION

The Way Design Ltd is a private company, limited by shares , registered in England and Wales. The company's
registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" 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 cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2017 - 5 ) .

The Way Design Ltd (Registered number: 09118494)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2018

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2017 14,347
Additions 6,684
At 31 July 2018 21,031
DEPRECIATION
At 1 August 2017 12,077
Charge for year 3,853
At 31 July 2018 15,930
NET BOOK VALUE
At 31 July 2018 5,101
At 31 July 2017 2,270

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.18 31.7.17
£    £   
Trade debtors 81,421 31,769
Other debtors 612 -
82,033 31,769

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.18 31.7.17
£    £   
Trade creditors 17,242 9,870
Taxation and social security 48,874 21,419
Other creditors 1,458 28,839
67,574 60,128

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2018 and
31 July 2017:

31.7.18 31.7.17
£    £   
I Rabey
Balance outstanding at start of year 24,830 -
Amounts advanced - 24,830
Amounts repaid (24,830 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 24,830

The Way Design Ltd (Registered number: 09118494)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2018

8. ULTIMATE CONTROLLING PARTY

The controlling party is I Rabey.