Company Registration No. 10178647 (England and Wales)
Fourth Wall Design Solutions Ltd
Unaudited accounts
for the year ended 30 November 2022
Fourth Wall Design Solutions Ltd
Unaudited accounts
Contents
Fourth Wall Design Solutions Ltd
Company Information
for the year ended 30 November 2022
Company Number
10178647 (England and Wales)
Registered Office
Ash House
Kirkham Road
Treales
Preston
PR4 3SF
Accountants
3rd Eye Accountax LTD
PO Box 163
Manchester
Greater Manchester
M26 6DD
Fourth Wall Design Solutions Ltd
Statement of financial position
as at 30 November 2022
Intangible assets
21,597
21,597
Tangible assets
19,909
25,432
Cash at bank and in hand
23
1,706
Creditors: amounts falling due within one year
(27,002)
(25,740)
Net current liabilities
(26,979)
(24,034)
Called up share capital
4
4
Profit and loss account
14,523
22,991
Shareholders' funds
14,527
22,995
For the year ending 30 November 2022 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 27 August 2024 and were signed on its behalf by
Dale Needham
Director
Company Registration No. 10178647
Fourth Wall Design Solutions Ltd
Notes to the Accounts
for the year ended 30 November 2022
Fourth Wall Design Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 10178647. The registered office is Ash House, Kirkham Road, Treales, Preston, PR4 3SF.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Motor vehicles
25% reducing balance
Fixtures & fittings
15% reducing balance
Computer equipment
33% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 30 November 2022
21,597
At 30 November 2022
21,597
At 30 November 2021
21,597
Fourth Wall Design Solutions Ltd
Notes to the Accounts
for the year ended 30 November 2022
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2021
20,038
12,964
5,297
38,299
At 30 November 2022
20,038
12,964
5,297
38,299
At 1 December 2021
5,010
3,702
4,155
12,867
Charge for the year
3,757
1,389
377
5,523
At 30 November 2022
8,767
5,091
4,532
18,390
At 30 November 2022
11,271
7,873
765
19,909
At 30 November 2021
15,028
9,262
1,142
25,432
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
16,691
-
Taxes and social security
1,891
1,144
Loans from directors
7,575
24,596
7
Average number of employees
During the year the average number of employees was 0 (2021: 0).