1 February 2023 false No description of principal activity Taxfiler 2024.1 true 13118250business:PrivateLimitedCompanyLtd2023-02-012024-01-31 131182502023-01-31 131182502023-02-012024-01-31 13118250business:AuditExemptWithAccountantsReport2023-02-012024-01-31 13118250business:FilletedAccounts2023-02-012024-01-31 131182502024-01-31 13118250business:Director12023-02-012024-01-31 13118250business:RegisteredOffice2023-02-012024-01-31 131182502023-01-31 13118250core:WithinOneYear2024-01-31 13118250core:WithinOneYear2023-01-31 13118250core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 13118250core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 13118250core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 13118250core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 13118250core:PreviouslyStatedAmount2024-01-31 13118250core:PreviouslyStatedAmount2023-01-31 13118250business:SmallEntities2023-02-012024-01-31 13118250countries:EnglandWales2023-02-012024-01-31 13118250core:ComputerEquipment2023-02-012024-01-31 13118250core:ComputerEquipment2023-01-31 13118250core:ComputerEquipment2024-01-31 13118250business:OrdinaryShareClass12023-02-012024-01-31 13118250business:OrdinaryShareClass12022-02-012023-01-31 131182502022-02-012023-01-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 13118250 (England and Wales)
Meant To Be Design Ltd Unaudited accounts for the year ended 31 January 2024
Meant To Be Design Ltd Unaudited accounts Contents
Page
- 2 -
Meant To Be Design Ltd Company Information for the year ended 31 January 2024
Director
Marina G S Dos Santos
Company Number
13118250 (England and Wales)
Registered Office
2 PAUL GARDENS CROYDON CR0 5QL ENGLAND
Accountants
Milton & Co International Accountants 2 Paul Gardens Croydon Surrey CR0 5QL
- 3 -
Meant To Be Design Ltd Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
760 
516 
Current assets
Cash at bank and in hand
17,112 
12,723 
Creditors: amounts falling due within one year
(17,044)
(13,079)
Net current assets/(liabilities)
68 
(356)
Net assets
828 
160 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
827 
159 
Shareholders' funds
828 
160 
For the year ending 31 January 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 director acknowledges her 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 13 February 2024 and were signed on its behalf by
Marina G S Dos Santos Director Company Registration No. 13118250
- 4 -
Meant To Be Design Ltd Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Meant To Be Design Ltd is a private company, limited by shares, registered in England and Wales, registration number 13118250. The registered office is 2 PAUL GARDENS, CROYDON, CR0 5QL, ENGLAND. The principal place of business is 187 Old Lodge Lane, Purley, Surrey, CR8 4AW, UK.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Computer equipment
25% reducing balance basis
Principal Activity
The principal activity of the Company is that of Graphic Design.
Dividend
The Director does not recommend the payment of any Dividend.
Going concern
The accounts have been drawn up on the going concern basis following the Director’s assessment of the company’s ability to trade for at least 12 months from the date these accounts have been approved. In conclusion, whilst there is some uncertainty, the Director does not believe there is a material uncertainty which casts significant doubt on the company’s ability to continue to trade.
- 5 -
Meant To Be Design Ltd Notes to the Accounts for the year ended 31 January 2024
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 February 2023
918 
Additions
498 
At 31 January 2024
1,416 
Depreciation
At 1 February 2023
402 
Charge for the year
254 
At 31 January 2024
656 
Net book value
At 31 January 2024
760 
At 31 January 2023
516 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
16 
- 
Loans from directors
14,988 
11,539 
Accruals
2,040 
1,540 
17,044 
13,079 
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares - M G S Dos Santos of £1 each
1 
1 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
- 6 -