11198537falseINTERIOR DESIGN2023-04-012024-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/cd:Director12023-04-012024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-03-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-03-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-03-31http://www.companieshouse.gov.uk/pt:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-04-012024-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-03-31http://www.companieshouse.gov.uk/pt:DevelopmentCostsCapitalisedDevelopmentExpenditure2024-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22023-04-012024-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-04-012024-03-31http://www.companieshouse.gov.uk/pt:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-04-012024-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-03-31http://www.companieshouse.gov.uk/2023-04-012024-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/cd:FRS1022023-04-012024-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-04-012024-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-04-012024-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 11198537

JH DESIGNS (INTERIORS) LTD

ACCOUNTS
FOR THE YEAR ENDED 31/03/2024

Prepared By:
Delrose Consulting Ltd
Chartered Management Accountants
Wittas House
Two Rivers
Station Lane
Witney
OX28 4BH

JH DESIGNS (INTERIORS) LTD

BALANCE SHEET AT 31/03/2024
20242023
Notes££
FIXED ASSETS
Intangible assets31,8502,815
Tangible assets410,3204,935
12,1707,750
CURRENT ASSETS
Stock7,5407,508
Debtors61,0768,254
Cash at bank and in hand40,40459,780
49,02075,542
CREDITORS: Amounts falling due within one year755,84579,610
NET CURRENT LIABILITIES(6,825)(4,068)
TOTAL ASSETS LESS CURRENT LIABILITIES5,3453,682
PROVISIONS FOR LIABILITIES AND CHARGES81,961938
NET ASSETS3,3842,744
CAPITAL AND RESERVES
Called up share capital9100100
Profit and loss account3,2842,644
SHAREHOLDERS' FUNDS3,3842,744
For the year ending 31/03/2024 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 25/09/2024 and signed on their behalf by
.............................
Jane Lanyon
Director

JH DESIGNS (INTERIORS) LTD

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixtures and Fittingsreducing balance 15%
Equipmentreducing balance 20%
1c. Intangible Assets
Development expenditure is normally written off in the year of expenditure, however expenditure incurred on specific projects is capitalised when recoverability can be foreseen with reasonable certainty and is amortised in relation to sales from such projects.
1d. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1e. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.

JH DESIGNS (INTERIORS) LTD

2. EMPLOYEES
20242023
No.No.
Average number of employees22
3. INTANGIBLE FIXED ASSETS
Development
CostsTotal
££
Cost
At 01/04/20234,8254,825
At 31/03/20244,8254,825
Depreciation
At 01/04/20232,0102,010
For the year965965
At 31/03/20242,9752,975
Net Book Amounts
At 31/03/20241,8501,850
At 31/03/20232,8152,815
4. TANGIBLE FIXED ASSETS
Fixtures
and FittingsEquipmentTotal
£££
Cost
At 01/04/2023-8,4258,425
Additions7,3071987,505
At 31/03/20247,3078,62315,930
Depreciation
At 01/04/2023-3,4903,490
For the year1,0951,0252,120
At 31/03/20241,0954,5155,610
Net Book Amounts
At 31/03/20246,2124,10810,320
At 31/03/2023-4,9354,935

JH DESIGNS (INTERIORS) LTD

5. STOCK 20242023
££
Stock comprises:
Stock7,5407,508
7,5407,508
6. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors1,0768,254
1,0768,254
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
VAT5,1515,193
Directors current account - A8,82717,556
Directors current account - B30,66231,780
Payments received on account3,71011,583
Trade creditors1,4303,235
Other creditors5,0109,208
Accruals1,0551,055
55,84579,610
8. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation1,961938
1,961938

JH DESIGNS (INTERIORS) LTD

9. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
50 Ordinary shares of £1 each5050
50 Class 2 shares of £1 each5050
100100