Company Registration No. 11145183 (England and Wales)
PIP Design Limited
Unaudited accounts
for the year ended 31 January 2022
PIP Design Limited
Unaudited accounts
Contents
PIP Design Limited
Company Information
for the year ended 31 January 2022
Director
Phillippa Stewart
Company Number
11145183 (England and Wales)
Registered Office
Unit 11 Worton Court
Worton Hall Ind Estate
Worton Road
Isleworth
TW7 6ER
UK
Accountants
CP Finance
Unit 11, Worton Court,
Worton Hall Estate, Worton Road
Isleworth
Middlesex
TW7 6ER
PIP Design Limited
Statement of financial position
as at 31 January 2022
Cash at bank and in hand
13,971
26,780
Creditors: amounts falling due within one year
(1,587)
(20,840)
Net current assets
17,309
13,220
Profit and loss account
17,308
14,062
Shareholders' funds
17,308
14,062
For the year ending 31 January 2022 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 director acknowledges her 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.
The financial statements were approved by the Board and authorised for issue on 9 September 2022 and were signed on its behalf by
Phillippa Stewart
Director
Company Registration No. 11145183
PIP Design Limited
Notes to the Accounts
for the year ended 31 January 2022
PIP Design Limited is a private company, limited by shares, registered in England and Wales, registration number 11145183. The registered office is Unit 11 Worton Court, Worton Hall Ind Estate, Worton Road, Isleworth, TW7 6ER, UK.
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 as modified by the revaluation of certain fixed assets.
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
50% straight line
Computer equipment
50% straight line
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2021
863
5,052
5,915
At 31 January 2022
863
5,052
5,915
At 1 February 2021
432
4,641
5,073
Charge for the year
432
411
843
At 31 January 2022
864
5,052
5,916
At 31 January 2022
(1)
-
(1)
At 31 January 2021
431
411
842
5
Debtors: amounts falling due within one year
2022
2021
PIP Design Limited
Notes to the Accounts
for the year ended 31 January 2022
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
(2,082)
7,819
Loans from directors
416
6,339
Allotted, called up and fully paid:
1 Ordinary shares of £0.01 each
0.01
0.01
8
Average number of employees
During the year the average number of employees was 1 (2021: 1).