Company Registration No. 12973391 (England and Wales)
MARK DAY DESIGNS LTD
Unaudited accounts
for the year ended 31 October 2023
MARK DAY DESIGNS LTD
Unaudited accounts
Contents
MARK DAY DESIGNS LTD
Company Information
for the year ended 31 October 2023
Company Number
12973391 (England and Wales)
Registered Office
UNIT 1, GROUND FLOOR,
1 HIGH STREET
HUNGERFORD
BERKSHIRE
RG17 0DN
ENGLAND
Accountants
ASPIRE ACCOUNTANTS AND ADVISORS LIMITED
62 BARTHOLOMEW STREET
NEWBURY
NEWBURY
BERKSHIRE
RG14 7BE
MARK DAY DESIGNS LTD
Statement of financial position
as at 31 October 2023
Tangible assets
3,465
4,799
Cash at bank and in hand
178
657
Creditors: amounts falling due within one year
(144,424)
(71,028)
Net current liabilities
(144,246)
(70,371)
Total assets less current liabilities
(140,781)
(65,572)
Creditors: amounts falling due after more than one year
(65,532)
(53,895)
Net liabilities
(206,313)
(119,467)
Called up share capital
1
1
Profit and loss account
(206,314)
(119,468)
Shareholders' funds
(206,313)
(119,467)
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 30 July 2024 and were signed on its behalf by
MARK ST JOHN DAY
Director
Company Registration No. 12973391
MARK DAY DESIGNS LTD
Notes to the Accounts
for the year ended 31 October 2023
MARK DAY DESIGNS LTD is a private company, limited by shares, registered in England and Wales, registration number 12973391. The registered office is UNIT 1, GROUND FLOOR,, 1 HIGH STREET, HUNGERFORD, BERKSHIRE, RG17 0DN, ENGLAND.
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
Straight line basis over five years
Fixtures & fittings
Straight line basis over five years
Computer equipment
Straight line basis over five years
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2022
1,133
2,850
2,687
6,670
At 31 October 2023
1,133
2,850
2,687
6,670
At 1 November 2022
227
570
1,074
1,871
Charge for the year
227
570
537
1,334
At 31 October 2023
454
1,140
1,611
3,205
At 31 October 2023
679
1,710
1,076
3,465
At 31 October 2022
906
2,280
1,613
4,799
MARK DAY DESIGNS LTD
Notes to the Accounts
for the year ended 31 October 2023
5
Creditors: amounts falling due within one year
2023
2022
Trade creditors
49,151
25,594
Taxes and social security
10,507
3,105
Other creditors
53,889
26,344
Loans from directors
29,419
5,246
6
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
65,532
53,895
7
Average number of employees
During the year the average number of employees was 4 (2022: 5).