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REGISTERED NUMBER: 11841754 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Design Tonic Limited

Design Tonic Limited (Registered number: 11841754)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Design Tonic Limited

Company Information
for the Year Ended 29 February 2024







DIRECTORS: J Darcy
A J Cook
T P Cook
S D Darcy





REGISTERED OFFICE: West Hill House
Allerton Hill
Chapel Allerton
Leeds
West Yorkshire
LS7 3QB





REGISTERED NUMBER: 11841754 (England and Wales)





ACCOUNTANTS: Malcolm Jones & Co LLP
Accountants and Business Advisors
West Hill House
Allerton Hill
Chapel Allerton
Leeds
West Yorkshire
LS7 3QB

Design Tonic Limited (Registered number: 11841754)

Abridged Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 83,966 100,318
Investments 5 63,615 63,615
147,581 163,933

CURRENT ASSETS
Debtors 1,211,126 1,341,837
Cash at bank and in hand 606,070 473,019
1,817,196 1,814,856
CREDITORS
Amounts falling due within one year 1,345,439 1,332,763
NET CURRENT ASSETS 471,757 482,093
TOTAL ASSETS LESS CURRENT
LIABILITIES

619,338

646,026

CREDITORS
Amounts falling due after more than one
year

(13,098

)

(23,281

)

PROVISIONS FOR LIABILITIES (20,992 ) (25,080 )
NET ASSETS 585,248 597,665

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 585,148 597,565
585,248 597,665

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 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.

Design Tonic Limited (Registered number: 11841754)

Abridged Balance Sheet - continued
29 February 2024


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

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 29 February 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 8 August 2024 and were signed on its behalf by:




A J Cook - Director



J Darcy - Director


Design Tonic Limited (Registered number: 11841754)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Design Tonic Limited is a private company, limited by shares , registered in England and Wales. 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 the net invoice value of sales, excluding value added tax and includes an appropriate amount for work undertaken on incomplete contracts at the balance sheet date.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 25% on reducing balance

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

Current or deferred 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme 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 19 (2023 - 18 ) .

Design Tonic Limited (Registered number: 11841754)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2023 164,002
Additions 10,283
At 29 February 2024 174,285
DEPRECIATION
At 1 March 2023 63,684
Charge for year 26,635
At 29 February 2024 90,319
NET BOOK VALUE
At 29 February 2024 83,966
At 28 February 2023 100,318

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 March 2023
and 29 February 2024 63,615
NET BOOK VALUE
At 29 February 2024 63,615
At 28 February 2023 63,615