IRIS Accounts Production v23.2.0.158 07499495 Board of Directors 1.2.22 31.1.23 31.1.23 false true false false false true false Ordinary 1.00000 A Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh074994952022-01-31074994952023-01-31074994952022-02-012023-01-31074994952021-01-31074994952021-02-012022-01-31074994952022-01-3107499495ns10:Originalns15:EnglandWales2022-02-012023-01-3107499495ns14:PoundSterlingns10:Original2022-02-012023-01-3107499495ns10:Originalns10:Director12022-02-012023-01-3107499495ns10:Original2022-02-012023-01-3107499495ns10:Original2023-01-3107499495ns10:Originalns10:PrivateLimitedCompanyLtd2022-02-012023-01-3107499495ns10:Originalns10:SmallEntities2022-02-012023-01-3107499495ns10:Originalns10:AuditExempt-NoAccountantsReport2022-02-012023-01-3107499495ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-02-012023-01-3107499495ns10:SmallCompaniesRegimeForAccountsns10:Original2022-02-012023-01-3107499495ns10:Originalns10:FullAccounts2022-02-012023-01-3107499495ns10:Original12022-02-012023-01-3107499495ns10:Originalns10:OrdinaryShareClass12022-02-012023-01-3107499495ns10:Originalns10:OrdinaryShareClass22022-02-012023-01-3107499495ns10:Originalns10:Director22022-02-012023-01-3107499495ns10:Originalns10:RegisteredOffice2022-02-012023-01-3107499495ns10:Original2022-01-3107499495ns10:Originalns5:CurrentFinancialInstruments2023-01-3107499495ns10:Originalns5:CurrentFinancialInstruments2022-01-3107499495ns5:ShareCapitalns10:Original2023-01-3107499495ns5:ShareCapitalns10:Original2022-01-3107499495ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-01-3107499495ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-01-3107499495ns10:Originalns5:NetGoodwill2022-02-012023-01-3107499495ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-02-012023-01-3107499495ns10:Originalns5:ComputerEquipment2022-02-012023-01-3107499495ns10:Original2021-02-012022-01-3107499495ns10:Originalns5:NetGoodwill2022-01-3107499495ns10:Originalns5:NetGoodwill2023-01-3107499495ns10:Originalns5:NetGoodwill2022-01-3107499495ns10:Originalns5:ComputerEquipment2022-01-3107499495ns10:Originalns5:ComputerEquipment2023-01-3107499495ns10:Originalns5:ComputerEquipment2022-01-3107499495ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-01-3107499495ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-01-3107499495ns10:Originalns10:OrdinaryShareClass12023-01-3107499495ns10:Originalns10:OrdinaryShareClass22023-01-31
REGISTERED NUMBER: 07499495 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 January 2023

for

Bang Design Limited

Bang Design Limited (Registered number: 07499495)






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Bang Design Limited

Company Information
for the Year Ended 31 January 2023







DIRECTORS: Mr C R Shaw
Mr M L Skelland





REGISTERED OFFICE: 18 Wesley Street
Castleford
West Yorkshire
WF10 1AE





REGISTERED NUMBER: 07499495 (England and Wales)





ACCOUNTANTS: AccountsAide
18 Wesley Street
Castleford
West Yorkshire
WF10 1AE

Bang Design Limited (Registered number: 07499495)

Balance Sheet
31 January 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1 1
Tangible assets 5 1,556 1,057
1,557 1,058

CURRENT ASSETS
Debtors 6 26,867 34,001
Cash at bank 18,631 11,166
45,498 45,167
CREDITORS
Amounts falling due within one year 7 41,488 41,391
NET CURRENT ASSETS 4,010 3,776
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,567

4,834

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 5,565 4,832
SHAREHOLDERS' FUNDS 5,567 4,834

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 9 October 2023 and were signed on its behalf by:




Mr M L Skelland - Director


Bang Design Limited (Registered number: 07499495)

Notes to the Financial Statements
for the Year Ended 31 January 2023

1. STATUTORY INFORMATION

Bang 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.

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on cost

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 (2022 - 2 ) .

Bang Design Limited (Registered number: 07499495)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2022
and 31 January 2023 17,464
AMORTISATION
At 1 February 2022
and 31 January 2023 17,463
NET BOOK VALUE
At 31 January 2023 1
At 31 January 2022 1

5. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 February 2022 2,908
Additions 1,136
Disposals (1,500 )
At 31 January 2023 2,544
DEPRECIATION
At 1 February 2022 1,851
Charge for year 636
Eliminated on disposal (1,499 )
At 31 January 2023 988
NET BOOK VALUE
At 31 January 2023 1,556
At 31 January 2022 1,057

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Trade debtors 26,827 34,001
Other debtors 40 -
26,867 34,001

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Trade creditors 4,681 8,039
Taxation and social security 19,207 15,952
Other creditors 17,600 17,400
41,488 41,391

Bang Design Limited (Registered number: 07499495)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.23 31.1.22
value: £    £   
1 Ordinary £1 1 1
1 A Ordinary £1 1 1
2 2