Company Registration No. 11394274 (England and Wales)
Isted Design Ltd
Unaudited accounts
for the year ended 30 June 2023
Isted Design Ltd
Unaudited accounts
Contents
Isted Design Ltd
Company Information
for the year ended 30 June 2023
Director
Matthew James Isted
Company Number
11394274 (England and Wales)
Registered Office
Unit 1, The Park
Spring Lane South
Malvern
WR14 1AT
England
Accountants
Turl & Co Ltd
Unit 1, The Park
Spring Lane South
Malvern
Worcestershire
WR14 1AT
Isted Design Ltd
Statement of financial position
as at 30 June 2023
Tangible assets
16,744
19,542
Cash at bank and in hand
2,700
46
Creditors: amounts falling due within one year
(14,801)
(41,373)
Net current liabilities
(12,101)
(14,327)
Called up share capital
1
1
Profit and loss account
4,642
5,214
Shareholders' funds
4,643
5,215
For the year ending 30 June 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 February 2024 and were signed on its behalf by
Matthew James Isted
Director
Company Registration No. 11394274
Isted Design Ltd
Notes to the Accounts
for the year ended 30 June 2023
Isted Design Ltd is a private company, limited by shares, registered in England and Wales, registration number 11394274. The registered office is Unit 1, The Park, Spring Lane South, Malvern, WR14 1AT, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% on cost
Computer equipment
20% on cost
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 July 2022
36,804
1,136
37,940
At 30 June 2023
37,995
1,136
39,131
At 1 July 2022
17,960
438
18,398
Charge for the year
3,849
140
3,989
At 30 June 2023
21,809
578
22,387
At 30 June 2023
16,186
558
16,744
At 30 June 2022
18,844
698
19,542
Amounts falling due within one year
Isted Design Ltd
Notes to the Accounts
for the year ended 30 June 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
-
5,272
Loans from directors
14,141
35,441
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).