5 false false false false false false false false false false true false false true false true true No description of principal activity 2023-04-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP SC336964 2023-04-01 2024-03-31 SC336964 2024-03-31 SC336964 2023-03-31 SC336964 2022-04-01 2023-03-31 SC336964 2023-03-31 SC336964 2022-03-31 SC336964 bus:Director2 2023-04-01 2024-03-31 SC336964 bus:Director1 2023-04-01 2024-03-31 SC336964 bus:Director3 2023-04-01 2024-03-31 SC336964 core:WithinOneYear 2024-03-31 SC336964 core:WithinOneYear 2023-03-31 SC336964 core:AfterOneYear 2023-03-31 SC336964 bus:Director2 2023-03-31 SC336964 bus:Director2 2023-03-31 SC336964 bus:Director2 2022-04-01 2023-03-31 SC336964 bus:Micro-entities 2023-04-01 2024-03-31 SC336964 bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 SC336964 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 SC336964 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 SC336964 bus:FullAccounts 2023-04-01 2024-03-31
COMPANY REGISTRATION NUMBER: SC336964
LOOP DESIGN LIMITED
Filleted Unaudited Financial Statements
31 March 2024
LOOP DESIGN LIMITED
Statement of Financial Position
31 March 2024
2024
2023
£
£
£
Fixed assets
10,772
13,465
--------
--------
Current assets
124,265
120,725
Creditors: amounts falling due within one year
48,043
43,008
---------
---------
Net current assets
76,222
77,717
--------
--------
Total assets less current liabilities
86,994
91,182
Creditors: amounts falling due after more than one year
1,500
Accruals and deferred income
3,077
3,101
--------
--------
83,917
86,581
--------
--------
Capital and reserves
83,917
86,581
--------
--------
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 5 (2023: 5 ).
2. Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2024
Balance brought forward
Advances/ (credits) to the directors
Amounts repaid
Balance outstanding
£
£
£
£
Mr S Falconer
8,000
( 8,000)
-------
----
-------
----
2023
Balance brought forward
Advances/ (credits) to the directors
Amounts repaid
Balance outstanding
£
£
£
£
Mr S Falconer
8,000
8,000
----
-------
----
-------
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 21 August 2024 , and are signed on behalf of the board by:
Mrs A Brown
Mr S Falconer
Director
Director
Mr G Baillie
Director
Company registration number: SC336964
The company is a private company limited by shares, registered in Scotland. The address of the registered office is Narplan House, 63 Main Street, Rutherglen, Glasgow, G73 2JH.