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REGISTERED NUMBER: SC386475 (Scotland)















LEFT DESIGN LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023






LEFT DESIGN LIMITED (REGISTERED NUMBER: SC386475)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 October 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LEFT DESIGN LIMITED

COMPANY INFORMATION
For The Year Ended 31 October 2023







DIRECTORS: C Cruickshank
C S Tsang





REGISTERED OFFICE: 21 Dougalston Gardens South
Milngavie
Glasgow
G62 6HS





REGISTERED NUMBER: SC386475 (Scotland)





ACCOUNTANTS: Benham Conway & Co
16 Royal Crescent
Glasgow
G3 7SL

LEFT DESIGN LIMITED (REGISTERED NUMBER: SC386475)

BALANCE SHEET
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 560 606

CURRENT ASSETS
Debtors 5 4,929 5,825
Cash at bank 11,360 12,242
16,289 18,067
CREDITORS
Amounts falling due within one year 6 9,837 7,365
NET CURRENT ASSETS 6,452 10,702
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,012

11,308

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 6,912 11,208
SHAREHOLDERS' FUNDS 7,012 11,308

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 April 2024 and were signed on its behalf by:





C S Tsang - Director


LEFT DESIGN LIMITED (REGISTERED NUMBER: SC386475)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 October 2023


1. STATUTORY INFORMATION

Left Design Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents services provided in the year, net of value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits
The company makes contributions to the personal pension schemes of the company's directors. Contributions payable to these pension schemes are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

LEFT DESIGN LIMITED (REGISTERED NUMBER: SC386475)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 October 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2022 1,481
Additions 343
At 31 October 2023 1,824
DEPRECIATION
At 1 November 2022 875
Charge for year 389
At 31 October 2023 1,264
NET BOOK VALUE
At 31 October 2023 560
At 31 October 2022 606

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 4,880 5,825
Tax recoverable 49 -
4,929 5,825

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Directors' loan accounts 8,847 5,073
Taxation and social security - 1,302
Other creditors 990 990
9,837 7,365

7. RELATED PARTY DISCLOSURES

At the year end the directors had provided the company with interest free loans of £8,847 (2022, £5,073). There are no fixed repayment terms for these loans.