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REGISTERED NUMBER: 04727135 (England and Wales)















Stoic Design Limited

Abridged Financial Statements for the Year Ended 30th April 2024






Stoic Design Limited (Registered number: 04727135)






Contents of the Financial Statements
for the year ended 30th April 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Stoic Design Limited

Company Information
for the year ended 30th April 2024







Director: R Hart





Registered office: 1-3 High Street
Great Dunmow
Essex
CM6 1UU





Registered number: 04727135 (England and Wales)





Accountants: Walters & Company
Certified Practising Accountants
1-3 High Street
Great Dunmow
Essex
CM6 1UU

Stoic Design Limited (Registered number: 04727135)

Abridged Balance Sheet
30th April 2024

30/4/24 30/4/23
Notes £    £    £    £   
Fixed assets
Tangible assets 4 501 668

Current assets
Debtors 17,299 14,434
Cash at bank and in hand 33,118 42,973
50,417 57,407
Creditors
Amounts falling due within one year 53,163 57,481
Net current liabilities (2,746 ) (74 )
Total assets less current liabilities (2,245 ) 594

Provisions for liabilities 95 127
Net (liabilities)/assets (2,340 ) 467

Capital and reserves
Called up share capital 5 150 150
Retained earnings (2,490 ) 317
Shareholders' funds (2,340 ) 467

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Stoic Design Limited (Registered number: 04727135)

Abridged Balance Sheet - continued
30th April 2024


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30th April 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 22nd October 2024 and were signed by:





R Hart - Director


Stoic Design Limited (Registered number: 04727135)

Notes to the Financial Statements
for the year ended 30th April 2024

1. Statutory information

Stoic Design 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.

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

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

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.

3. Employees and directors

The average number of employees during the year was 1 (2023 - 1 ) .

Stoic Design Limited (Registered number: 04727135)

Notes to the Financial Statements - continued
for the year ended 30th April 2024

4. Tangible fixed assets
Totals
£   
Cost
At 1st May 2023
and 30th April 2024 18,218
Depreciation
At 1st May 2023 17,550
Charge for year 167
At 30th April 2024 17,717
Net book value
At 30th April 2024 501
At 30th April 2023 668

5. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 30/4/24 30/4/23
value: £    £   
150 Ordinary £1 150 150

6. Related party disclosures

Included within Creditors: amounts falling due within one year is £47,296 (2023: £51,711) due to the director, M R Hart, by the company. This amount represents an interest free loan repayable on demand.