Company Registration No. SC444698 (Scotland)
HIS Design Ltd
Unaudited accounts
for the year ended 31 March 2024
HIS Design Ltd
Unaudited accounts
Contents
HIS Design Ltd
Company Information
for the year ended 31 March 2024
Directors
Mark Reilly
Eileen Reilly
Company Number
SC444698 (Scotland)
Registered Office
Unit 2B
Perth Airport
Perth
PH2 6PH
United Kingdom
Accountants
Fraser + Accountants
3 Barossa Place
Perth
Perthshire
PH1 5HG
HIS Design Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
20,334
9,492
Cash at bank and in hand
5,101
12,818
Creditors: amounts falling due within one year
(9,120)
(21,101)
Net current assets
6,575
23,412
Total assets less current liabilities
26,909
32,904
Creditors: amounts falling due after more than one year
(8,154)
-
Called up share capital
20
20
Profit and loss account
18,735
32,884
Shareholders' funds
18,755
32,904
For the year ending 31 March 2024 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 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 of Directors and authorised for issue on 2 April 2024 and were signed on its behalf by
Mark Reilly
Director
Company Registration No. SC444698
HIS Design Ltd
Notes to the Accounts
for the year ended 31 March 2024
HIS Design Ltd is a private company, limited by shares, registered in Scotland, registration number SC444698. The registered office is Unit 2B, Perth Airport, Perth, PH2 6PH, United Kingdom.
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:
Motor vehicles
25% straight line
Computer equipment
33% straight line
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
18,380
713
19,093
At 31 March 2024
34,880
713
35,593
At 1 April 2023
9,220
381
9,601
Charge for the year
5,326
332
5,658
At 31 March 2024
14,546
713
15,259
At 31 March 2024
20,334
-
20,334
At 31 March 2023
9,160
332
9,492
HIS Design Ltd
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due after more than one year
Other debtors
7,214
22,566
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
3,523
-
Taxes and social security
3,378
1,103
Loans from directors
12
19,680
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
8,154
-
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).