Company Registration No. 10178647 (England and Wales)
Fourth Wall Design Solutions Ltd
Unaudited accounts
for the year ended 30 November 2023
Fourth Wall Design Solutions Ltd
Unaudited accounts
Contents
Fourth Wall Design Solutions Ltd
Company Information
for the year ended 30 November 2023
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 2023
Intangible assets
21,597
21,597
Tangible assets
15,658
19,909
Cash at bank and in hand
1,188
23
Creditors: amounts falling due within one year
(30,983)
(27,002)
Net current liabilities
(29,795)
(26,979)
Called up share capital
4
4
Profit and loss account
7,456
14,523
Shareholders' funds
7,460
14,527
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 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 2023
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 2023
21,597
At 30 November 2023
21,597
At 30 November 2022
21,597
Fourth Wall Design Solutions Ltd
Notes to the Accounts
for the year ended 30 November 2023
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2022
20,038
12,964
5,297
38,299
At 30 November 2023
20,038
12,964
5,297
38,299
At 1 December 2022
8,767
5,091
4,532
18,390
Charge for the year
2,818
1,181
252
4,251
At 30 November 2023
11,585
6,272
4,784
22,641
At 30 November 2023
8,453
6,692
513
15,658
At 30 November 2022
11,271
7,873
765
19,909
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
13,457
16,691
Taxes and social security
2,391
1,891
Loans from directors
13,445
7,575
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).