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
Designs Incorporated Limited
Company Information
for the year ended 31 July 2023
Directors
A J Mendes
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
Designs Incorporated Limited
Statement of financial position
as at 31 July 2023
Cash at bank and in hand
1
8,885
Creditors: amounts falling due within one year
(10)
(6,019)
Net current assets
22,582
26,147
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
Designs Incorporated Limited
Notes to the Accounts
for the year ended 31 July 2023
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.
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 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
Amounts falling due within one year
Accrued income and prepayments
8,350
11,098
Designs Incorporated Limited
Notes to the Accounts
for the year ended 31 July 2023
6
Creditors: amounts falling due within one year
2023
2022
Loans from directors
10
19
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).