Caseware UK (AP4) 2022.0.179 2022.0.179 2022-12-312022-12-31trueNo description of principal activity2true2022-01-01false2The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08239794 2022-01-01 2022-12-31 08239794 2021-01-01 2021-12-31 08239794 2022-12-31 08239794 2021-12-31 08239794 c:Director3 2022-01-01 2022-12-31 08239794 d:CurrentFinancialInstruments 2022-12-31 08239794 d:CurrentFinancialInstruments 2021-12-31 08239794 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 08239794 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 08239794 d:ShareCapital 2022-12-31 08239794 d:ShareCapital 2021-12-31 08239794 d:RetainedEarningsAccumulatedLosses 2022-12-31 08239794 d:RetainedEarningsAccumulatedLosses 2021-12-31 08239794 c:FRS102 2022-01-01 2022-12-31 08239794 c:AuditExempt-NoAccountantsReport 2022-01-01 2022-12-31 08239794 c:FullAccounts 2022-01-01 2022-12-31 08239794 c:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 08239794 2 2022-01-01 2022-12-31 iso4217:GBP xbrli:pure

Registered number: 08239794









MAX DIGNAM INTERIORS LIMITED (FORMERLY XENIA INTERIORS LIMITED)







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2022

 
MAX DIGNAM INTERIORS LIMITED
REGISTERED NUMBER: 08239794

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2022

2022
2021
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
8,116
6,286

Cash at bank and in hand
 5 
11,709
-

  
19,825
6,286

Creditors: amounts falling due within one year
 6 
(17,900)
(6,446)

Net current assets/(liabilities)
  
 
 
1,925
 
 
(160)

Total assets less current liabilities
  
1,925
(160)

  

Net assets/(liabilities)
  
1,925
(160)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
1,825
(260)

  
1,925
(160)


Page 1

 
MAX DIGNAM INTERIORS LIMITED
REGISTERED NUMBER: 08239794
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2022

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question 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 financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




M Dignam
Director

Date: 8 February 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
MAX DIGNAM INTERIORS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

1.


General information

Max Dignam Interiors Limited (formerly Xenia Interiors Limited) is a private company limited by shares, incorporated in England & Wales (registered number 08239794). The registered office is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH, and the principal place of business address is 1 Knightsbridge Green, London, SW1X 7QA.
The principal activity of the company continued to be that of residential architecture and interior design.
The financial statements are presented in Sterling, which is the functional currency of the company.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
MAX DIGNAM INTERIORS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

2.Accounting policies (continued)

 
2.3

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.5

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.6

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

 
2.7

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.8

Interest income

Interest income is recognised in the Statement of comprehensive income using the effective interest method.

 
2.9

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 4

 
MAX DIGNAM INTERIORS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

2.Accounting policies (continued)

 
2.10

Taxation

Tax is recognised in the Statement of comprehensive income, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2021 - 2).

Page 5

 
MAX DIGNAM INTERIORS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

4.


Debtors

2022
2021
£
£


Trade debtors
6,544
-

Other debtors
-
4,714

Tax recoverable
1,572
1,572

8,116
6,286



5.


Cash and cash equivalents

2022
2021
£
£

Cash at bank and in hand
11,709
-

Less: bank overdrafts
-
(4)

11,709
(4)



6.


Creditors: Amounts falling due within one year

2022
2021
£
£

Bank overdrafts
-
4

Trade creditors
935
-

Corporation tax
354
-

Other taxation and social security
5,359
-

Other creditors
252
3,942

Accruals and deferred income
11,000
2,500

17,900
6,446


 
Page 6