ESSENTIAL DESIGNS (NI) LTD

Company Registration Number:
NI039978 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

ESSENTIAL DESIGNS (NI) LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

ESSENTIAL DESIGNS (NI) LTD

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 217,541 281,752
Total fixed assets: 217,541 281,752
Current assets
Stocks: 121,263 116,417
Debtors: 4 238,716 418,707
Cash at bank and in hand: 1,302,372 1,009,876
Total current assets: 1,662,351 1,545,000
Creditors: amounts falling due within one year: 5 (332,963) (405,058)
Net current assets (liabilities): 1,329,388 1,139,942
Total assets less current liabilities: 1,546,929 1,421,694
Creditors: amounts falling due after more than one year: 6 (45,240) (104,795)
Provision for liabilities: (54,083) (70,116)
Total net assets (liabilities): 1,447,606 1,246,783
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,447,506 1,246,683
Shareholders funds: 1,447,606 1,246,783

The notes form part of these financial statements

ESSENTIAL DESIGNS (NI) LTD

Balance sheet statements

For the year ending 31 March 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 23 May 2024
and signed on behalf of the board by:

Name: O Higgins
Status: Director

The notes form part of these financial statements

ESSENTIAL DESIGNS (NI) LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ESSENTIAL DESIGNS (NI) LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 18 17

ESSENTIAL DESIGNS (NI) LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 792,541
Additions 3,425
Disposals (114,580)
At 31 March 2024 681,386
Depreciation
At 01 April 2023 510,789
Charge for year 58,149
On disposals (105,093)
At 31 March 2024 463,845
Net book value
At 31 March 2024 217,541
At 31 March 2023 281,752

ESSENTIAL DESIGNS (NI) LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors

2024 2023
££
Debtors due after more than one year: 0 0

ESSENTIAL DESIGNS (NI) LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Creditors: amounts falling due within one year note

Trade creditors - £137,392 Taxation - £126,693 Other creditors - £68,878

ESSENTIAL DESIGNS (NI) LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Creditors: amounts falling due after more than one year note

Other creditors - 45,240