11198537falseINTERIOR DESIGN2022-04-012023-03-31http://www.companieshouse.gov.uk/2022-03-31http://www.companieshouse.gov.uk/cd:Director12022-04-012023-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2022-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2022-03-31http://www.companieshouse.gov.uk/pt:DevelopmentCostsCapitalisedDevelopmentExpenditure2022-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-04-012023-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-03-31http://www.companieshouse.gov.uk/pt:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22022-04-012023-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-04-012023-03-31http://www.companieshouse.gov.uk/pt:DevelopmentCostsCapitalisedDevelopmentExpenditure2022-04-012023-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-03-31http://www.companieshouse.gov.uk/2022-04-012023-03-31http://www.companieshouse.gov.uk/2022-03-31http://www.companieshouse.gov.uk/cd:FRS1022022-04-012023-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2022-04-012023-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-04-012023-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 11198537

JH DESIGNS (INTERIORS) LTD

ACCOUNTS
FOR THE YEAR ENDED 31/03/2023

Prepared By:
Delrose Consulting Ltd
Chartered Management Accountants Ltd
Wittas House
Two Rivers
Station Lane
Witney
OX28 4BH

JH DESIGNS (INTERIORS) LTD

BALANCE SHEET AT 31/03/2023
20232022
Notes££
FIXED ASSETS
Intangible assets32,8153,780
Tangible assets44,9352,610
7,7506,390
CURRENT ASSETS
Stock7,5089,702
Debtors68,25410,509
Cash at bank and in hand59,78040,613
75,54260,824
CREDITORS: Amounts falling due within one year779,61065,044
NET CURRENT LIABILITIES(4,068)(4,220)
TOTAL ASSETS LESS CURRENT LIABILITIES3,6822,170
PROVISIONS FOR LIABILITIES AND CHARGES8938-
NET ASSETS2,7442,170
CAPITAL AND RESERVES
Called up share capital9100100
Profit and loss account2,6442,070
SHAREHOLDERS' FUNDS2,7442,170
For the year ending 31/03/2023 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 17/11/2023 and signed on their behalf by
.............................
Jane Lanyon
Director

JH DESIGNS (INTERIORS) LTD

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipmentreducing balance 20%
1c. Intangible Assets
Development expenditure is normally written off in the year of expenditure, however expenditure incurred on specific projects is capitalised when recoverability can be foreseen with reasonable certainty and is amortised in relation to sales from such projects.
1d. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1e. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.

JH DESIGNS (INTERIORS) LTD

2. EMPLOYEES
20232022
No.No.
Average number of employees22
3. INTANGIBLE FIXED ASSETS
Development
CostsTotal
££
Cost
At 01/04/20224,8254,825
At 31/03/20234,8254,825
Depreciation
At 01/04/20221,0451,045
For the year965965
At 31/03/20232,0102,010
Net Book Amounts
At 31/03/20232,8152,815
At 31/03/20223,7803,780
4. TANGIBLE FIXED ASSETS
EquipmentTotal
££
Cost
At 01/04/20225,2175,217
Additions3,2083,208
At 31/03/20238,4258,425
Depreciation
At 01/04/20222,6072,607
For the year883883
At 31/03/20233,4903,490
Net Book Amounts
At 31/03/20234,9354,935
At 31/03/20222,6102,610

JH DESIGNS (INTERIORS) LTD

5. STOCK 20232022
££
Stock comprises:
Stock7,5089,702
7,5089,702
6. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors8,25410,509
8,25410,509
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
VAT5,1937,169
Directors current account - A17,55618,960
Directors current account - B31,78023,624
Payments received on account11,5835,799
Trade creditors3,235-
Other creditors9,2088,837
Accruals1,055655
79,61065,044
8. PROVISIONS FOR LIABILITIES 20232022
££
Deferred taxation938-
938-

JH DESIGNS (INTERIORS) LTD

9. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
50 Ordinary shares of £1 each5050
50 Class 2 shares of £1 each5050
100100