MIKE AYRES DESIGN LIMITED

Company Registration Number:
03583876 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

MIKE AYRES DESIGN LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

MIKE AYRES DESIGN LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 46,253 32,305
Total fixed assets: 46,253 32,305
Current assets
Stocks: 528,417 496,594
Debtors:   394,142 273,042
Cash at bank and in hand: 74,923 106,998
Total current assets: 997,482 876,634
Creditors: amounts falling due within one year:   (537,312) (389,717)
Net current assets (liabilities): 460,170 486,917
Total assets less current liabilities: 506,423 519,222
Creditors: amounts falling due after more than one year:   (33,681) (24,166)
Provision for liabilities: (7,473) (7,473)
Total net assets (liabilities): 465,269 487,583
Capital and reserves
Called up share capital: 1,333 1,333
Share premium account: 99,667 99,667
Profit and loss account: 364,269 386,583
Shareholders funds: 465,269 487,583

The notes form part of these financial statements

MIKE AYRES DESIGN LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 September 2024
and signed on behalf of the board by:

Name: Robert Cooke
Status: Director

The notes form part of these financial statements

MIKE AYRES DESIGN LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MIKE AYRES DESIGN LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 25 24

MIKE AYRES DESIGN LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 229,440
Additions 26,596
Disposals (15,805)
At 31 December 2023 240,231
Depreciation
At 01 January 2023 197,135
Charge for year 7,527
On disposals (10,684)
At 31 December 2023 193,978
Net book value
At 31 December 2023 46,253
At 31 December 2022 32,305