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REGISTERED NUMBER: 06086668 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Salvador Design Limited

Salvador Design Limited (Registered number: 06086668)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Salvador Design Limited

Company Information
for the Year Ended 29 February 2024







DIRECTOR: S Lavado





SECRETARY: Miss A Hallmark





REGISTERED OFFICE: 67 Westow Street
Upper Norwood
London
SE19 3RW





REGISTERED NUMBER: 06086668 (England and Wales)





ACCOUNTANTS: CWF & Partners Ltd
Chartered Accountants
67 Westow Street
Upper Norwood
London
SE19 3RW

Salvador Design Limited (Registered number: 06086668)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 4,529 3,284

CURRENT ASSETS
Cash at bank 23,198 28,375

CREDITORS
Amounts falling due within one year 6 8,417 9,879
NET CURRENT ASSETS 14,781 18,496
TOTAL ASSETS LESS CURRENT
LIABILITIES

19,310

21,780

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 19,210 21,680
SHAREHOLDERS' FUNDS 19,310 21,780

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 director acknowledges his 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 director and authorised for issue on 12 August 2024 and were signed by:





S Lavado - Director


Salvador Design Limited (Registered number: 06086668)

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

1. STATUTORY INFORMATION

Salvador Design 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the total invoice value of sales made during the year and derives from the provision of services falling within the company's ordinary activities.

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

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 March 2023 21,369 - 21,369
Additions - 3,099 3,099
At 29 February 2024 21,369 3,099 24,468
DEPRECIATION
At 1 March 2023 18,085 - 18,085
Charge for year 821 1,033 1,854
At 29 February 2024 18,906 1,033 19,939
NET BOOK VALUE
At 29 February 2024 2,463 2,066 4,529
At 28 February 2023 3,284 - 3,284

Salvador Design Limited (Registered number: 06086668)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Taxation and social security 5,930 7,694
Other creditors 2,487 2,185
8,417 9,879

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
100 Ordinary £1 100 100

8. RESERVES
Retained
earnings
£   

At 1 March 2023 21,680
Profit for the year 26,530
Dividends (29,000 )
At 29 February 2024 19,210