REGISTERED NUMBER: SC735440 (Scotland)

Simplified By Design Ltd

Unaudited Financial Statements

for the Period 14 June 2022 to 30 June 2023

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Directors:

Mrs A E Jack

B G Mason

Registered office:

71 Park Road

Brechin

Angus

DD9 7AP

Registered number:

SC735440 (Scotland)

Accountants:

Warr & Co Limited

Chartered Accountants

Mynshull House

78 Churchgate

Stockport

Cheshire

SK1 1YJ

Fixed assets

Tangible assets

4

1,711

Current assets

Debtors

5

5,740

Cash at bank and in hand

44,848

50,588

Creditors

Amounts falling due within one year

6

14,443

Net current assets

36,145

Total assets less current liabilities

37,856

Capital and reserves

Called up share capital

100

Retained earnings

37,756

Shareholders' funds

37,856

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2023 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.

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 and authorised for issue on 4 October 2023 and were signed on its behalf by:

B G Mason - Director

1.	Statutory information

Simplified By Design Ltd is a private company, limited by shares , registered in Scotland. 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 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.

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.

Fixtures and fittings

-

20% on cost

Computer equipment

-

20% on cost

3.	Employees and directors

The average number of employees during the period was 2 .

4.	Tangible fixed assets

Plant and

machinery

etc

£

Cost

Additions

2,139

At 30 June 2023

2,139

Depreciation

Charge for period

428

At 30 June 2023

428

Net book value

At 30 June 2023

1,711

5.

Debtors: amounts falling due within one year

£

Trade debtors

3,963

Other debtors

1,777

5,740

6.

Creditors: amounts falling due within one year

£

Taxation and social security

12,643

Other creditors

1,800

14,443