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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
Page
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W1 DESIGN LTD Company Information for the year ended 31 October 2023
Director
M MEMARI
Company Number
08259165 (England and Wales)
Registered Office
254 GOLDHAWK ROAD LONDON W12 9PE
Accountants
Samir and Co 254 Goldhawk Road London W12 9PE
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W1 DESIGN LTD Statement of financial position as at 31 October 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
118,004 
Current assets
Debtors
7,589 
Cash at bank and in hand
538,595 
546,184 
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)
Net assets
397,229 
Capital and reserves
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
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W1 DESIGN LTD Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
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.
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.
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 
Depreciation
At 1 November 2022
19,171 
- 
19,171 
Charge for the year
13,070 
- 
13,070 
At 31 October 2023
32,241 
- 
32,241 
Net book value
At 31 October 2023
117,622 
382 
118,004 
5
Debtors
2023 
£ 
Amounts falling due within one year
Trade debtors
4,232 
Accrued income and prepayments
144 
Other debtors
3,213 
7,589 
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W1 DESIGN LTD Notes to the Accounts for the year ended 31 October 2023
6
Creditors: amounts falling due within one year
2023 
£ 
VAT
(16,822)
Taxes and social security
14,077 
Other creditors
(40,000)
Loans from directors
(42,400)
(85,145)
7
Creditors: amounts falling due after more than one year
2023 
£ 
Other creditors
350,665 
Accruals
1,439 
352,104 
8
Average number of employees
During the year the average number of employees was 2.
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