Compass Design Studio Limited Filleted Accounts Cover
Compass Design Studio Limited
Company No. 13297225
Information for Filing with The Registrar
31 March 2023
Compass Design Studio Limited Directors Report Registrar
The Director presents her report and the accounts for the year ended 31 March 2023.
Principal activities
The principal activity of the company during the year under review was Architectural Services.
Director
The Director who served at any time during the year was as follows:
A.K. Castro
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
A.K. Castro
Director
23 December 2023
Compass Design Studio Limited Balance Sheet Registrar
at
31 March 2023
Company No.
13297225
Notes
2023
2022
£
£
Fixed assets
Tangible assets
4
438548
438548
Current assets
Debtors
1,0003,911
Cash at bank and in hand
6,3981,015
7,3984,926
Creditors: Amount falling due within one year
(2,931)
(3,202)
Net current assets
4,4671,724
Total assets less current liabilities
4,9052,272
Provisions for liabilities
Deferred taxation
(105)
(130)
Net assets
4,8002,142
Capital and reserves
Called up share capital
100100
Profit and loss account
6
4,7002,042
Total equity
4,8002,142
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 31 March 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
All the members have consented to the preparation of abridged financial statements for the year ended 31 March 2023 in accordance with the Companies Act 2006.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 23 December 2023 and signed on its behalf by:
A.K. Castro
Director
23 December 2023
Compass Design Studio Limited Notes to the Accounts Registrar
for the year ended 31 March 2023
1
General information
Compass Design Studio Limited is a private company limited by shares and incorporated in England and Wales.
Its registered number is: 13297225
Its registered office is:
12 Ashtree Crescent
Chelmsford
Essex
CM1 2RP
The abridged accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006, including the provisions permitting an abridged profit and loss accountant balance sheet to be prepared.
2
Accounting policies
Intangible fixed assets
Intangible fixed assets are carried at cost less accumulated amortisation and impairment losses.
Tangible fixed assets and depreciation
Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.
Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:
Plant and machinery
20% Reducing balance
3
Employees
2023
2022
Number
Number
The average monthly number of employees (including directors) during the year was:
00
4
Tangible fixed assets
Total
£
Cost or revaluation
At 1 April 2022
685
At 31 March 2023
685
Depreciation
At 1 April 2022
137
Charge for the year
110
At 31 March 2023
247
Net book values
At 31 March 2023
438
At 31 March 2022
548
5
Share Capital
£1.00 Ordinary shares, called up and fully paid.
6
Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
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