Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-31078895732023-12-3122023-01-01trueNo description of principal activity2falsetrue 07889573 2023-01-01 2023-12-31 07889573 2022-01-01 2022-12-31 07889573 2023-12-31 07889573 2022-12-31 07889573 c:Director2 2023-01-01 2023-12-31 07889573 d:CurrentFinancialInstruments 2023-12-31 07889573 d:CurrentFinancialInstruments 2022-12-31 07889573 d:ShareCapital 2023-12-31 07889573 d:ShareCapital 2022-12-31 07889573 c:OrdinaryShareClass1 2023-01-01 2023-12-31 07889573 c:OrdinaryShareClass1 2023-12-31 07889573 c:OrdinaryShareClass1 2022-12-31 07889573 c:EntityHasNeverTraded 2023-01-01 2023-12-31 07889573 c:FRS102 2023-01-01 2023-12-31 07889573 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 07889573 c:FullAccounts 2023-01-01 2023-12-31 07889573 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure



















Design Essentials Limited

Registered number: 07889573
Information for filing with the Registrar
For the year ended 31 December 2023

 
 07889573
31 December 2023
DESIGN ESSENTIALS LIMITED
REGISTERED NUMBER: 07889573

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
100
100

  
100
100

Total assets less current liabilities
  
 
 
100
 
 
100

  

Net assets
  
100
100


Capital and reserves
  

Called up share capital 
 5 
100
100

  
100
100


For the year ended 31 December 2023 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 26 September 2024.




C McBride (Jr)
Director

The notes on pages 2 to 3 form part of these financial statements.

- 1 -

 
 07889573
31 December 2023
DESIGN ESSENTIALS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Design Essentials Limited (the “Company”) is a private company, limited by shares and registered in England and Wales, registered number 07889573. The registered office is The Chapel, 378-380 Deansgate, Manchester, M3 4LY.
These financial statements have been presented in pound sterling which is the functional currency of the Company, and rounded to the nearest £.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

 
2.2

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.


3.


Employees




The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Debtors

2023
2022
£
£


Other debtors
100
100


- 2 -

 
 07889573
31 December 2023
DESIGN ESSENTIALS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £1.00 each
100
100



6.


Controlling party

The ultimate controlling party and parent undertaking of the Company is McBride Research Laboratories Incorporated, a company incorporated in the USA.

- 3 -