IRIS Accounts Production v22.1.4.3 02786175 Board of Directors 1.1.21 31.12.21 31.12.21 false true false false true false Fair value model Ordinary 1.00000 A 1.00000 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure027861752020-12-31027861752021-12-31027861752021-01-012021-12-31027861752019-12-31027861752020-01-012020-12-31027861752020-12-3102786175ns16:EnglandWales2021-01-012021-12-3102786175ns15:PoundSterling2021-01-012021-12-3102786175ns11:Director12021-01-012021-12-3102786175ns11:PrivateLimitedCompanyLtd2021-01-012021-12-3102786175ns11:SmallEntities2021-01-012021-12-3102786175ns11:AuditExempt-NoAccountantsReport2021-01-012021-12-3102786175ns11:SmallCompaniesRegimeForDirectorsReport2021-01-012021-12-3102786175ns11:SmallCompaniesRegimeForAccounts2021-01-012021-12-3102786175ns11:AbridgedAccounts2021-01-012021-12-3102786175ns11:OrdinaryShareClass12021-01-012021-12-3102786175ns11:OrdinaryShareClass22021-01-012021-12-3102786175ns11:OrdinaryShareClass222021-01-012021-12-3102786175ns11:Director22021-01-012021-12-3102786175ns11:RegisteredOffice2021-01-012021-12-3102786175ns6:CurrentFinancialInstruments2021-12-3102786175ns6:CurrentFinancialInstruments2020-12-3102786175ns6:ShareCapital2021-12-3102786175ns6:ShareCapital2020-12-3102786175ns6:RetainedEarningsAccumulatedLosses2021-12-3102786175ns6:RetainedEarningsAccumulatedLosses2020-12-3102786175ns6:DeferredTaxation2020-12-3102786175ns6:DeferredTaxation2021-12-3102786175ns11:OrdinaryShareClass12021-12-3102786175ns11:OrdinaryShareClass22021-12-3102786175ns6:RetainedEarningsAccumulatedLosses2020-12-3102786175ns6:RetainedEarningsAccumulatedLosses2021-01-012021-12-31
REGISTERED NUMBER: 02786175 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2021

for

Facilities Design Limited

Facilities Design Limited (Registered number: 02786175)






Contents of the Financial Statements
for the Year Ended 31 December 2021




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Facilities Design Limited

Company Information
for the Year Ended 31 December 2021







DIRECTORS: N Purkis
G J Purkis





REGISTERED OFFICE: 44 Fordwich Rise
Hertford
Hertfordshire
SG14 2BL





REGISTERED NUMBER: 02786175 (England and Wales)





ACCOUNTANTS: Philip T. Chave & Co
Belfry House
Bell Lane
Hertford
Hertfordshire
SG14 1BP

Facilities Design Limited (Registered number: 02786175)

Abridged Balance Sheet
31 December 2021

31.12.21 31.12.20
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 285,000 285,000

CURRENT ASSETS
Cash at bank 15,079 11,839

CREDITORS
Amounts falling due within one year 7,060 5,468
NET CURRENT ASSETS 8,019 6,371
TOTAL ASSETS LESS CURRENT
LIABILITIES

293,019

291,371

PROVISIONS FOR LIABILITIES 5 23,770 23,770
NET ASSETS 269,249 267,601

CAPITAL AND RESERVES
Called up share capital 6 150 100
Retained earnings 7 269,099 267,501
SHAREHOLDERS' FUNDS 269,249 267,601

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 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 applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2021 in accordance with Section 444(2A) of the Companies Act 2006.

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

Facilities Design Limited (Registered number: 02786175)

Abridged Balance Sheet - continued
31 December 2021



The financial statements were approved by the Board of Directors and authorised for issue on 1 September 2022 and were signed on its behalf by:





N Purkis - Director


Facilities Design Limited (Registered number: 02786175)

Notes to the Financial Statements
for the Year Ended 31 December 2021

1. STATUTORY INFORMATION

Facilities Design Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - 2 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2021
and 31 December 2021 285,000
NET BOOK VALUE
At 31 December 2021 285,000
At 31 December 2020 285,000

Facilities Design Limited (Registered number: 02786175)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

4. INVESTMENT PROPERTY - continued

Fair value at 31 December 2021 is represented by:
£   
Valuation in 2016 125,104
Cost 159,896
285,000

If Investment property had not been revalued it would have been included at the following historical cost:

31.12.21 31.12.20
£    £   
Cost 159,896 159,896

5. PROVISIONS FOR LIABILITIES
31.12.21 31.12.20
£    £   
Deferred tax on investment property
revaluation

23,770

23,770

Deferred
tax
£   
Balance at 1 January 2021 23,770
Balance at 31 December 2021 23,770

6. CALLED UP SHARE CAPITAL



Allotted, issued and fully paid:
Number: Class: Nominal 31.12.21 31.12.20
value: £    £   
100 Ordinary £1 100 100
50 A £1 50 -
150 100

50 A shares of £1 each were allotted and fully paid for cash at par during the year.

7. RESERVES
Retained
earnings
£   

At 1 January 2021 267,501
Profit for the year 3,598
Dividends (2,000 )
At 31 December 2021 269,099