IRIS Accounts Production v23.3.0.418 04946410 director 1.11.21 31.10.22 31.10.22 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh049464102021-10-31049464102022-10-31049464102021-11-012022-10-31049464102020-10-31049464102020-11-012021-10-31049464102021-10-3104946410ns10:Originalns15:EnglandWales2021-11-012022-10-3104946410ns14:PoundSterlingns10:Original2021-11-012022-10-3104946410ns10:Originalns10:Director12021-11-012022-10-3104946410ns10:Original2021-11-012022-10-3104946410ns10:Original2022-10-3104946410ns10:Originalns10:PrivateLimitedCompanyLtd2021-11-012022-10-3104946410ns10:Originalns10:SmallEntities2021-11-012022-10-3104946410ns10:Originalns10:AuditExempt-NoAccountantsReport2021-11-012022-10-3104946410ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2021-11-012022-10-3104946410ns10:SmallCompaniesRegimeForAccountsns10:Original2021-11-012022-10-3104946410ns10:Originalns10:FullAccounts2021-11-012022-10-3104946410ns10:Originalns10:OrdinaryShareClass12021-11-012022-10-3104946410ns10:Originalns10:RegisteredOffice2021-11-012022-10-3104946410ns10:Original2021-10-3104946410ns10:Originalns5:CurrentFinancialInstruments2022-10-3104946410ns10:Originalns5:CurrentFinancialInstruments2021-10-3104946410ns5:ShareCapitalns10:Original2022-10-3104946410ns5:ShareCapitalns10:Original2021-10-3104946410ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-10-3104946410ns10:Originalns5:RetainedEarningsAccumulatedLosses2021-10-3104946410ns10:Originalns5:PlantMachinery2021-11-012022-10-3104946410ns10:Originalns5:FurnitureFittings2021-11-012022-10-3104946410ns10:Original2020-11-012021-10-3104946410ns10:Originalns5:PlantMachinery2021-10-3104946410ns10:Originalns5:FurnitureFittings2021-10-3104946410ns10:Original2021-10-3104946410ns10:Originalns5:PlantMachinery2022-10-3104946410ns10:Originalns5:FurnitureFittings2022-10-3104946410ns10:Originalns5:PlantMachinery2021-10-3104946410ns10:Originalns5:FurnitureFittings2021-10-3104946410ns10:Originalns10:OrdinaryShareClass12022-10-3104946410ns10:Originalns5:RetainedEarningsAccumulatedLosses2021-10-3104946410ns10:Originalns5:RetainedEarningsAccumulatedLosses2021-11-012022-10-31
REGISTERED NUMBER: 04946410 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2022

FOR

FURNITURE DESIGNS (UK) LIMITED

FURNITURE DESIGNS (UK) LIMITED (REGISTERED NUMBER: 04946410)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


FURNITURE DESIGNS (UK) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2022







DIRECTOR: Z Herz





REGISTERED OFFICE: 115 Leadale Road
London
N15 6BJ





REGISTERED NUMBER: 04946410 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL

FURNITURE DESIGNS (UK) LIMITED (REGISTERED NUMBER: 04946410)

STATEMENT OF FINANCIAL POSITION
31 OCTOBER 2022

31.10.22 31.10.21
Notes £    £   
FIXED ASSETS
Tangible assets 4 5,823 6,851

CURRENT ASSETS
Stocks 2,470 5,000
Cash at bank and in hand 5,733 8,027
8,203 13,027
CREDITORS
Amounts falling due within one year 5 (87,515 ) (85,386 )
NET CURRENT LIABILITIES (79,312 ) (72,359 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(73,489

)

(65,508

)

CAPITAL AND RESERVES
Called up share capital 6 2 2
Retained earnings 7 (73,491 ) (65,510 )
SHAREHOLDERS' FUNDS (73,489 ) (65,508 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 26 October 2023 and were signed by:





Z Herz - Director


FURNITURE DESIGNS (UK) LIMITED (REGISTERED NUMBER: 04946410)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022

1. STATUTORY INFORMATION

Furniture Designs (UK) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Transition to financial reporting standards 102
The company has adopted FRS 102 Section 1A for the first time in the preparation of these accounts. Accordingly the date of transition to FRS 102 was 1 December 2015 (beginning of the accounting period of comparative financial year).

There are no material differences in determining the company's profit and loss under FRS 102 Section 1A and the previous framework the company adopted (the Financial Reporting Standard for Smaller Entities (effective January 2015)).

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.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2021 - 3 ) .

FURNITURE DESIGNS (UK) LIMITED (REGISTERED NUMBER: 04946410)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2022

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 November 2021
and 31 October 2022 15,929 1,176 17,105
DEPRECIATION
At 1 November 2021 9,229 1,025 10,254
Charge for year 1,005 23 1,028
At 31 October 2022 10,234 1,048 11,282
NET BOOK VALUE
At 31 October 2022 5,695 128 5,823
At 31 October 2021 6,700 151 6,851

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.22 31.10.21
£    £   
Trade creditors 29,017 30,728
Taxation and social security 36 36
Other creditors 58,462 54,622
87,515 85,386

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.22 31.10.21
value: £    £   
2 Ordinary £1 2 2

7. RESERVES
Retained
earnings
£   

At 1 November 2021 (65,510 )
Deficit for the year (7,981 )
At 31 October 2022 (73,491 )

8. ULTIMATE CONTROLLING PARTY

The controlling party is Z Herz.