Design Italia Limited 06079894 false 2023-02-01 2024-01-31 2024-01-31 The principal activity of the company is that of sales agents Digita Accounts Production Advanced 6.30.9574.0 true true 06079894 2023-02-01 2024-01-31 06079894 2024-01-31 06079894 bus:OrdinaryShareClass1 2024-01-31 06079894 core:RetainedEarningsAccumulatedLosses 2024-01-31 06079894 core:ShareCapital 2024-01-31 06079894 core:CurrentFinancialInstruments 2024-01-31 06079894 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 06079894 bus:SmallEntities 2023-02-01 2024-01-31 06079894 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 06079894 bus:FullAccounts 2023-02-01 2024-01-31 06079894 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 06079894 bus:RegisteredOffice 2023-02-01 2024-01-31 06079894 bus:Director2 2023-02-01 2024-01-31 06079894 bus:OrdinaryShareClass1 2023-02-01 2024-01-31 06079894 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 06079894 countries:AllCountries 2023-02-01 2024-01-31 06079894 2022-02-01 2023-01-31 06079894 2023-01-31 06079894 bus:OrdinaryShareClass1 2023-01-31 06079894 core:RetainedEarningsAccumulatedLosses 2023-01-31 06079894 core:ShareCapital 2023-01-31 06079894 core:CurrentFinancialInstruments 2023-01-31 06079894 core:CurrentFinancialInstruments core:WithinOneYear 2023-01-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 06079894

Design Italia Limited

Annual Report and Unaudited Financial Statements

For The Year Ended 31 January 2024

 

Design Italia Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 3

 

Design Italia Limited

(Registration number: 06079894)
Balance Sheet as at 31 January 2024

Note

2024
£

2023
£

           

Current assets

   

 

Debtors

4

 

7,989

 

2,396

Cash at bank and in hand

   

1,875

 

3,634

   

9,864

 

6,030

Creditors: Amounts falling due within one year

5

 

(15,153)

 

(10,299)

Net liabilities

   

(5,289)

 

(4,269)

Capital and reserves

   

 

Called up share capital

6

1

 

1

 

Profit and loss account

(5,290)

 

(4,270)

 

Total equity

   

(5,289)

 

(4,269)

For the financial year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 4 October 2024
 

.........................................
Mr Sandro Piatti
Director

 

Design Italia Limited

Notes to the Unaudited Financial Statements For The Year Ended 31 January 2024

1

General information

The company is a private company limited by share capital, incorporated in Other.

The address of its registered office is:
11 Fusion Court
Aberford Road
Garforth
LS25 2GH

The principal place of business is:
11 Fusion Court
Aberford Road
Garforth
LS25 2GH

These financial statements were authorised for issue by the director on 4 October 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Share capital

Ordinary shares are classified as equity.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

 

Design Italia Limited

Notes to the Unaudited Financial Statements For The Year Ended 31 January 2024

4

Debtors

Current

2024
£

2023
£

Trade debtors

3,742

(4)

Other debtors

4,247

2,400

 

7,989

2,396

5

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

7,720

3,140

Taxation and social security

519

591

Other creditors

6,914

6,568

15,153

10,299

6

Share capital

Allotted, called up and fully paid shares

 

2024

2023

 

No.

£

No.

£

Ordinary of £1 each

1

1

1

1