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REGISTERED NUMBER: 05489471 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

DESIGN INTEGRATION LIMITED

DESIGN INTEGRATION LIMITED (REGISTERED NUMBER: 05489471)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DESIGN INTEGRATION LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: D Wright
C Foxwell





SECRETARY: Tayler Bradshaw Limited





REGISTERED OFFICE: Unit 9 Moorbrook
Southmead Business Park
Didcot
Oxfordshire
OX11 7HP





REGISTERED NUMBER: 05489471 (England and Wales)





ACCOUNTANTS: Tayler Bradshaw
Cambridge House
16 High Street
Saffron Walden
Essex
CB10 1AX

DESIGN INTEGRATION LIMITED (REGISTERED NUMBER: 05489471)

BALANCE SHEET
31 DECEMBER 2023

31/12/23 31/12/22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 773,661 575,048
Tangible assets 5 153,292 170,716
926,953 745,764

CURRENT ASSETS
Stocks 1,039,811 3,467,999
Debtors 6 1,601,086 3,461,589
Cash at bank 269,881 113,909
2,910,778 7,043,497
CREDITORS
Amounts falling due within one year 7 2,656,477 6,738,079
NET CURRENT ASSETS 254,301 305,418
TOTAL ASSETS LESS CURRENT LIABILITIES 1,181,254 1,051,182

CREDITORS
Amounts falling due after more than one
year

8

(376,056

)

(953

)

PROVISIONS FOR LIABILITIES (87,976 ) (25,482 )
NET ASSETS 717,222 1,024,747

CAPITAL AND RESERVES
Called up share capital 4 4
Revaluation reserve 9 148,960 -
Retained earnings 568,258 1,024,743
SHAREHOLDERS' FUNDS 717,222 1,024,747

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

DESIGN INTEGRATION LIMITED (REGISTERED NUMBER: 05489471)

BALANCE SHEET - continued
31 DECEMBER 2023


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2024 and were signed on its behalf by:




C Foxwell - Director



D Wright - Director


DESIGN INTEGRATION LIMITED (REGISTERED NUMBER: 05489471)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Design Integration 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets include other investments, which are revalued annually with any revaluation increases recognised in other comprehensive income and accumulated in equity.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

DESIGN INTEGRATION LIMITED (REGISTERED NUMBER: 05489471)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 41 (2022 - 24 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST OR VALUATION
At 1 January 2023 575,048
Revaluations 198,613
At 31 December 2023 773,661
NET BOOK VALUE
At 31 December 2023 773,661
At 31 December 2022 575,048

Cost or valuation at 31 December 2023 is represented by:

Other
intangible
assets
£   
Valuation in 2023 198,613
Cost 575,048
773,661

DESIGN INTEGRATION LIMITED (REGISTERED NUMBER: 05489471)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 430,886
Additions 83,519
Disposals (208,987 )
At 31 December 2023 305,418
DEPRECIATION
At 1 January 2023 260,170
Charge for year 72,226
Eliminated on disposal (180,270 )
At 31 December 2023 152,126
NET BOOK VALUE
At 31 December 2023 153,292
At 31 December 2022 170,716

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 31/12/22
£    £   
Trade debtors 1,090,923 1,527,937
Other debtors 510,163 1,933,652
1,601,086 3,461,589

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 31/12/22
£    £   
Hire purchase contracts 4,803 4,833
Trade creditors 995,065 913,080
Taxation and social security 213,610 252,512
Other creditors 1,442,999 5,567,654
2,656,477 6,738,079

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31/12/23 31/12/22
£    £   
Hire purchase contracts - 953
Other creditors 376,056 -
376,056 953

DESIGN INTEGRATION LIMITED (REGISTERED NUMBER: 05489471)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31/12/23 31/12/22
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 14,342 -

9. RESERVES
Revaluation
reserve
£   
Revaluation of intangibles 148,960

At 31 December 2023 148,960

10. ULTIMATE CONTROLLING PARTY

The company does not have an ultimate controlling party.