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Company Registration No. 04036317 (England and Wales)
Designs Incorporated Limited Unaudited accounts for the year ended 31 July 2023
Designs Incorporated Limited Unaudited accounts Contents
Page
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Designs Incorporated Limited Company Information for the year ended 31 July 2023
Directors
A J Mendes T Mendes
Secretary
T Mendes
Company Number
04036317 (England and Wales)
Registered Office
45 Huntly Road South Norwood Lonfon SE25 6QY
Accountants
Batchelor & Co Ravenstone The Grove Battle TN33 0UN
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Designs Incorporated Limited Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,378 
447 
Current assets
Inventories
13,559 
10,347 
Debtors
9,032 
12,934 
Cash at bank and in hand
1 
8,885 
22,592 
32,166 
Creditors: amounts falling due within one year
(10)
(6,019)
Net current assets
22,582 
26,147 
Net assets
23,960 
26,594 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
23,860 
26,494 
Shareholders' funds
23,960 
26,594 
For the year ending 31 July 2023 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.
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
A J Mendes Director Company Registration No. 04036317
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Designs Incorporated Limited Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
Designs Incorporated Limited is a private company, limited by shares, registered in England and Wales, registration number 04036317. The registered office is 45 Huntly Road, South Norwood, Lonfon, SE25 6QY.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 rate of 25% on a reducing balance basis in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 August 2022
14,418 
Additions
1,390 
At 31 July 2023
15,808 
Depreciation
At 1 August 2022
13,971 
Charge for the year
459 
At 31 July 2023
14,430 
Net book value
At 31 July 2023
1,378 
At 31 July 2022
447 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
682 
682 
Accrued income and prepayments
8,350 
11,098 
Other debtors
- 
1,154 
9,032 
12,934 
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Designs Incorporated Limited Notes to the Accounts for the year ended 31 July 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
- 
5,856 
Loans from directors
10 
19 
Accruals
- 
144 
10 
6,019 
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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