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Company Registration No. 05092760 (England and Wales)
Display Factory Limited Unaudited accounts for the year ended 31 October 2023
Display Factory Limited Unaudited accounts Contents
Page
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Display Factory Limited Company Information for the year ended 31 October 2023
Director
Mr R Haddow
Company Number
05092760 (England and Wales)
Registered Office
Unit 16 Castlefields Industrial Estate Bingley West Yorkshire BD16 2AF
Accountants
John Shackleton & Co Ltd, 10 Claro Court Business Centre Claro Road Harrogate North Yorkshire HG1 4BA
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Display Factory Limited Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
51,026 
40,849 
Current assets
Inventories
7,500 
2,500 
Debtors
209,266 
131,376 
Cash at bank and in hand
130,797 
63,807 
347,563 
197,683 
Creditors: amounts falling due within one year
(226,445)
(232,730)
Net current assets/(liabilities)
121,118 
(35,047)
Total assets less current liabilities
172,144 
5,802 
Creditors: amounts falling due after more than one year
(66,000)
- 
Net assets
106,144 
5,802 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
106,142 
5,800 
Shareholders' funds
106,144 
5,802 
For the year ending 31 October 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 5 August 2024 and were signed on its behalf by
Mr R Haddow Director Company Registration No. 05092760
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Display Factory Limited Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
Display Factory Limited is a private company, limited by shares, registered in England and Wales, registration number 05092760. The registered office is Unit 16, Castlefields Industrial Estate, Bingley, West Yorkshire, BD16 2AF.
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.
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:
Plant & machinery
25% on cost
Motor vehicles
25% on cost
Fixtures & fittings
25% on cost
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 November 2022
70,479 
41,133 
7,594 
119,206 
Additions
36,600 
- 
5,864 
42,464 
At 31 October 2023
107,079 
41,133 
13,458 
161,670 
Depreciation
At 1 November 2022
38,856 
37,534 
1,967 
78,357 
Charge for the year
25,346 
3,599 
3,342 
32,287 
At 31 October 2023
64,202 
41,133 
5,309 
110,644 
Net book value
At 31 October 2023
42,877 
- 
8,149 
51,026 
At 31 October 2022
31,623 
3,599 
5,627 
40,849 
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Display Factory Limited Notes to the Accounts for the year ended 31 October 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
198,628 
126,876 
Accrued income and prepayments
10,638 
4,500 
209,266 
131,376 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
21,201 
16,027 
Obligations under finance leases and hire purchase contracts
1,188 
4,491 
Trade creditors
107,745 
59,387 
Taxes and social security
53,518 
16,886 
Other creditors
31,645 
115,464 
Loans from directors
1,219 
11,258 
Accruals
9,929 
9,217 
226,445 
232,730 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
66,000 
- 
8
Average number of employees
During the year the average number of employees was 12 (2022: 12).
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