Registered number
07050508
Sycamore Design & Marketing Limited
Filleted Accounts
31 January 2024
Applied Accountancy Limited
Sycamore Design & Marketing Limited
Registered number: 07050508
Balance Sheet
as at 31 January 2024
Notes 2024 2023
£ £
Fixed assets
Intangible assets 3 1 1
Tangible assets 4 9,062 2,229
9,063 2,230
Current assets
Debtors 5 - 774
Cash at bank and in hand 1 1
1 775
Creditors: amounts falling due within one year 6 (11,640) (10,535)
Net current liabilities (11,639) (9,760)
Total assets less current liabilities (2,576) (7,530)
Creditors: amounts falling due after more than one year 7 (5,998) (8,442)
Provisions for liabilities (1,722) (424)
Net liabilities (10,296) (16,396)
Capital and reserves
Called up share capital 2 2
Profit and loss account (10,298) (16,398)
Shareholders' funds (10,296) (16,396)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mark Keatley - Palmer
Director
Approved by the board on 28 October 2024
Sycamore Design & Marketing Limited
Notes to the Accounts
for the year ended 31 January 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.

The presentation currency is £ sterling.
Revenue Recognition
Revenue is recognised when services have been provided to customers such that risks and rewards of ownership have transferred to them. It is valued at the consideration receivable net of VAT.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Leasehold Improvements over five years
Plant and machinery 25% reducing balance basis
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Intangible fixed assets £
Goodwill:
Cost
At 1 February 2023 3,000
At 31 January 2024 3,000
Amortisation
At 1 February 2023 2,999
At 31 January 2024 2,999
Net book value
At 31 January 2024 1
At 31 January 2023 1
Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.
4 Tangible fixed assets
Leasehold Improvements Plant and machinery etc Total
£ £ £
Cost
At 1 February 2023 - 22,037 22,037
Additions 5,628 3,852 9,480
At 31 January 2024 5,628 25,889 31,517
Depreciation
At 1 February 2023 - 19,808 19,808
Charge for the year 1,126 1,521 2,647
At 31 January 2024 1,126 21,329 22,455
Net book value
At 31 January 2024 4,502 4,560 9,062
At 31 January 2023 - 2,229 2,229
5 Debtors 2024 2023
£ £
Other debtors - 774
6 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 2,645 4,934
Other taxes and social security costs 500 843
Other creditors 8,495 4,758
11,640 10,535
7 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 5,998 8,442
8 Other information
Sycamore Design & Marketing Limited is a private company limited by shares and incorporated in England. Its registered office is:
Hopbine House
Vineyard Lane
Ticehurst
East Sussex
TN5 7LP
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