Acorah Software Products - Accounts Production 15.0.600 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 10467766 Mrs Chovav Lieblich Mrs Hedi Lieblich Mr Bernard Lieblich true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10467766 2022-11-30 10467766 2023-11-30 10467766 2022-12-01 2023-11-30 10467766 frs-core:CurrentFinancialInstruments 2023-11-30 10467766 frs-core:MotorVehicles 2023-11-30 10467766 frs-core:MotorVehicles 2022-12-01 2023-11-30 10467766 frs-core:MotorVehicles 2022-11-30 10467766 frs-core:ShareCapital 2023-11-30 10467766 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 10467766 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 10467766 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 10467766 frs-bus:SmallEntities 2022-12-01 2023-11-30 10467766 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 10467766 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 10467766 1 2022-12-01 2023-11-30 10467766 frs-bus:Director1 2022-12-01 2023-11-30 10467766 frs-bus:Director2 2022-12-01 2023-11-30 10467766 frs-countries:EnglandWales 2022-12-01 2023-11-30 10467766 2021-11-30 10467766 2022-11-30 10467766 2021-12-01 2022-11-30 10467766 frs-core:CurrentFinancialInstruments 2022-11-30 10467766 frs-core:ShareCapital 2022-11-30 10467766 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 10467766
THE DESIGN EDGE STUDIO LIMITED
Unaudited Financial Statements
For The Year Ended 30 November 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10467766
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,306 3,075
2,306 3,075
CURRENT ASSETS
Debtors 5 1 1
Cash at bank and in hand 7,397 5,988
7,398 5,989
Creditors: Amounts Falling Due Within One Year 6 (11,806 ) (10,855 )
NET CURRENT ASSETS (LIABILITIES) (4,408 ) (4,866 )
TOTAL ASSETS LESS CURRENT LIABILITIES (2,102 ) (1,791 )
NET LIABILITIES (2,102 ) (1,791 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account (2,103 ) (1,792 )
SHAREHOLDERS' FUNDS (2,102) (1,791)
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For the year ending 30 November 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Chovav Lieblich
Director
Mrs Hedi Lieblich
Director
8th August 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
THE DESIGN EDGE STUDIO LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 10467766 . The registered office is 63 Woodlands, London, NW11 9SH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and form the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover form the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 25% of Net Book Value
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows:1  1 (2022: 1)
1 1
4. Tangible Assets
Motor Vehicles
£
Cost
As at 1 December 2022 4,100
As at 30 November 2023 4,100
Depreciation
As at 1 December 2022 1,025
Provided during the period 769
As at 30 November 2023 1,794
Net Book Value
As at 30 November 2023 2,306
As at 1 December 2022 3,075
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5. Debtors
2023 2022
£ £
Due within one year
VAT 1 1
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Other creditors 11,256 10,405
Accruals and deferred income 550 450
11,806 10,855
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
8. Ultimate Controlling Party
The company's ultimate controlling party is Mr Bernard Lieblich by virtue of his ownership of 100% of the issued share capital in the company.
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