1 August 2023 false No description of principal activity Taxfiler 2024.5 09152972business:PrivateLimitedCompanyLtd2023-08-012024-07-31 091529722023-07-31 091529722023-08-012024-07-31 09152972business:AuditExemptWithAccountantsReport2023-08-012024-07-31 09152972business:FilletedAccounts2023-08-012024-07-31 091529722024-07-31 09152972business:Director12023-08-012024-07-31 09152972business:RegisteredOffice2023-08-012024-07-31 091529722023-07-31 09152972core:WithinOneYear2024-07-31 09152972core:WithinOneYear2023-07-31 09152972core:AfterOneYear2024-07-31 09152972core:AfterOneYear2023-07-31 09152972core:ShareCapitalcore:PreviouslyStatedAmount2024-07-31 09152972core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 09152972core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-07-31 09152972core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 09152972core:PreviouslyStatedAmount2024-07-31 09152972core:PreviouslyStatedAmount2023-07-31 09152972business:SmallEntities2023-08-012024-07-31 09152972countries:EnglandWales2023-08-012024-07-31 09152972core:FurnitureFittings2023-08-012024-07-31 09152972core:ComputerEquipment2023-08-012024-07-31 09152972core:FurnitureFittings2023-07-31 09152972core:ComputerEquipment2023-07-31 09152972core:FurnitureFittings2024-07-31 09152972core:ComputerEquipment2024-07-31 091529722022-08-012023-07-31 iso4217:GBP xbrli:pure
Company Registration No. 09152972 (England and Wales)
!nvertd Designs Limited Unaudited accounts for the year ended 31 July 2024
!nvertd Designs Limited Unaudited accounts Contents
Page
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!nvertd Designs Limited Company Information for the year ended 31 July 2024
Director
Neil Reynolds
Company Number
09152972 (England and Wales)
Registered Office
2 SANDROCKS LODGE ROCKY LANE HAYWARDS HEATH RH16 4RW ENGLAND
Accountants
Alison Austin FCA BFP Home Farm House St. Leonard's Forest Horsham West Sussex RH13 6PH
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!nvertd Designs Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
377 
163 
Current assets
Debtors
882 
12,179 
Cash at bank and in hand
2,159 
9,993 
3,041 
22,172 
Creditors: amounts falling due within one year
(3,416)
(16,819)
Net current (liabilities)/assets
(375)
5,353 
Total assets less current liabilities
2 
5,516 
Creditors: amounts falling due after more than one year
- 
(5,500)
Net assets
2 
16 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
- 
14 
Shareholders' funds
2 
16 
For the year ending 31 July 2024 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 4 August 2024 and were signed on its behalf by
Neil Reynolds Director Company Registration No. 09152972
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!nvertd Designs Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
!nvertd Designs Limited is a private company, limited by shares, registered in England and Wales, registration number 09152972. The registered office is 2 SANDROCKS LODGE, ROCKY LANE, HAYWARDS HEATH, RH16 4RW, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2023
2,500 
- 
2,500 
Additions
- 
339 
339 
At 31 July 2024
2,500 
339 
2,839 
Depreciation
At 1 August 2023
2,337 
- 
2,337 
Charge for the year
40 
85 
125 
At 31 July 2024
2,377 
85 
2,462 
Net book value
At 31 July 2024
123 
254 
377 
At 31 July 2023
163 
- 
163 
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!nvertd Designs Limited Notes to the Accounts for the year ended 31 July 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
882 
12,179 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
5,000 
Taxes and social security
2,896 
10,794 
Accruals
520 
1,025 
3,416 
16,819 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
- 
5,500 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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