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REGISTERED NUMBER: 02159256 (England and Wales)















SERVICES DESIGN PARTNERSHIP LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2023






SERVICES DESIGN PARTNERSHIP LIMITED (REGISTERED NUMBER: 02159256)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SERVICES DESIGN PARTNERSHIP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2023







DIRECTOR: S Ravenscroft





REGISTERED OFFICE: Clarke Nicklin House
4 Brooks Drive
Cheadle Royal Business Park
Cheadle
SK8 3TD





REGISTERED NUMBER: 02159256 (England and Wales)





ACCOUNTANTS: Clarke Nicklin LLP
Chartered Accountants
Clarke Nicklin House
Brooks Drive
Cheadle Royal Business Park
Cheadle
Cheshire
SK8 3TD

SERVICES DESIGN PARTNERSHIP LIMITED (REGISTERED NUMBER: 02159256)

BALANCE SHEET
30 SEPTEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 19,071 15,505

CURRENT ASSETS
Stocks 12,000 12,000
Debtors 5 669,853 550,372
Cash at bank and in hand 61,041 245,625
742,894 807,997
CREDITORS
Amounts falling due within one year 6 141,667 197,805
NET CURRENT ASSETS 601,227 610,192
TOTAL ASSETS LESS CURRENT
LIABILITIES

620,298

625,697

CREDITORS
Amounts falling due after more than one
year

7

(26,311

)

(36,311

)

PROVISIONS FOR LIABILITIES (4,768 ) (2,946 )
NET ASSETS 589,219 586,440

CAPITAL AND RESERVES
Called up share capital 7,080 7,080
Capital redemption reserve 4,533 4,533
Retained earnings 577,606 574,827
589,219 586,440

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 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.

SERVICES DESIGN PARTNERSHIP LIMITED (REGISTERED NUMBER: 02159256)

BALANCE SHEET - continued
30 SEPTEMBER 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 August 2024 and were signed by:





S Ravenscroft - Director


SERVICES DESIGN PARTNERSHIP LIMITED (REGISTERED NUMBER: 02159256)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023


1. STATUTORY INFORMATION

Services Design Partnership 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.

Going Concern
The directors have reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The directors have reached this conclusion giving due consideration to the projected future performance of the company and any potential risk that might impact the company's ability to meet its required solvency levels. For this reason, they continue to adopt the going concern basis in preparing the financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.


SERVICES DESIGN PARTNERSHIP LIMITED (REGISTERED NUMBER: 02159256)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023


2. ACCOUNTING POLICIES - continued
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.

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 6 (2022 - 5 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 October 2022 76,761 21,220 40,302 138,283
Additions - 4,835 5,951 10,786
At 30 September 2023 76,761 26,055 46,253 149,069
DEPRECIATION
At 1 October 2022 76,173 18,222 28,383 122,778
Charge for year 88 1,175 5,957 7,220
At 30 September 2023 76,261 19,397 34,340 129,998
NET BOOK VALUE
At 30 September 2023 500 6,658 11,913 19,071
At 30 September 2022 588 2,998 11,919 15,505

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 305,731 156,453
Amounts owed by group undertakings 351,722 376,222
Prepayments 12,400 17,697
669,853 550,372

SERVICES DESIGN PARTNERSHIP LIMITED (REGISTERED NUMBER: 02159256)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 42,962 30,987
Corporation tax 963 1,745
Social security and other taxes 8,883 15,741
VAT 76,335 53,699
Other creditors 2,218 881
Accruals and deferred income 10,306 94,752
141,667 197,805

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 1-2 years 26,311 36,311

8. SECURED DEBTS

Bank Loans are secured on assets of the company

9. RELATED PARTY DISCLOSURES

The company was owed £341,722 (2021: £366,222) from Skyline Group Limited which is a fully owned subsidiary of the company.

During the year the company paid £67,500 (2022: £100,000) of management charges to Skyline Group Limited.