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REGISTERED NUMBER: 06741835 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Designs on Learning Limited

Designs on Learning Limited (Registered number: 06741835)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Designs on Learning Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mrs J P Keevill
P Keevill





SECRETARY: P Keevill





REGISTERED OFFICE: Grove House
1 Grove Place
Bedford
Bedfordshire
MK40 3JJ





REGISTERED NUMBER: 06741835 (England and Wales)





ACCOUNTANTS: Thompsons Accountancy Services Limited
Chartered Accountants
Grove House
1 Grove Place
Bedford
Bedfordshire
MK40 3JJ

Designs on Learning Limited (Registered number: 06741835)

Statement of Financial Position
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 5,145 2,659

CURRENT ASSETS
Debtors 6 7,404 7,688
Cash at bank 21,330 11,425
28,734 19,113
CREDITORS
Amounts falling due within one year 7 16,598 10,646
NET CURRENT ASSETS 12,136 8,467
TOTAL ASSETS LESS CURRENT
LIABILITIES

17,281

11,126

PROVISIONS FOR LIABILITIES 978 505
NET ASSETS 16,303 10,621

CAPITAL AND RESERVES
Allotted, called up and fully
paid share capital 100 100
Retained earnings 16,203 10,521
SHAREHOLDERS' FUNDS 16,303 10,621

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Designs on Learning Limited (Registered number: 06741835)

Statement of Financial Position - continued
31 March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 September 2024 and were signed on its behalf by:





Mrs J P Keevill - Director


Designs on Learning Limited (Registered number: 06741835)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Designs on Learning Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

Designs on Learning Limited (Registered number: 06741835)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2023 109 11,718 11,827
Additions - 3,880 3,880
At 31 March 2024 109 15,598 15,707
DEPRECIATION
At 1 April 2023 109 9,059 9,168
Charge for year - 1,394 1,394
At 31 March 2024 109 10,453 10,562
NET BOOK VALUE
At 31 March 2024 - 5,145 5,145
At 31 March 2023 - 2,659 2,659

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 7,126 7,688
Directors' current accounts 278 -
7,404 7,688

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Tax 2,033 1,035
Social security and other taxes 3,801 -
VAT 4,616 2,503
Other creditors 3,758 1,378
Directors' current accounts - 3,422
Accrued expenses 2,390 2,308
16,598 10,646

Designs on Learning Limited (Registered number: 06741835)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
Mrs J P Keevill
Balance outstanding at start of year - -
Amounts advanced 278 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 278 -