Company Registration No. 08259165 (England and Wales)
W1 DESIGN LTD
Unaudited accounts
for the year ended 31 October 2023
W1 DESIGN LTD
Unaudited accounts
Contents
W1 DESIGN LTD
Company Information
for the year ended 31 October 2023
Company Number
08259165 (England and Wales)
Registered Office
254 GOLDHAWK ROAD
LONDON
W12 9PE
Accountants
Samir and Co
254 Goldhawk Road
London
W12 9PE
W1 DESIGN LTD
Statement of financial position
as at 31 October 2023
Cash at bank and in hand
538,595
Creditors: amounts falling due within one year
85,145
Net current assets
631,329
Total assets less current liabilities
749,333
Creditors: amounts falling due after more than one year
(352,104)
Profit and loss account
397,229
Shareholders' funds
397,229
For the year ending 31 October 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 22 July 2024 and were signed on its behalf by
M MEMARI
Director
Company Registration No. 08259165
W1 DESIGN LTD
Notes to the Accounts
for the year ended 31 October 2023
W1 DESIGN LTD is a private company, limited by shares, registered in England and Wales, registration number 08259165. The registered office is 254 GOLDHAWK ROAD, LONDON, W12 9PE.
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% REDUCING BALANCE
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 November 2022
76,109
-
76,109
Additions
73,754
382
74,136
At 31 October 2023
149,863
382
150,245
At 1 November 2022
19,171
-
19,171
Charge for the year
13,070
-
13,070
At 31 October 2023
32,241
-
32,241
At 31 October 2023
117,622
382
118,004
Amounts falling due within one year
Accrued income and prepayments
144
W1 DESIGN LTD
Notes to the Accounts
for the year ended 31 October 2023
6
Creditors: amounts falling due within one year
2023
Taxes and social security
14,077
Loans from directors
(42,400)
7
Creditors: amounts falling due after more than one year
2023
8
Average number of employees
During the year the average number of employees was 2.