Company registration number 07952247 (England and Wales)
PDK DESIGN LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
PAGES FOR FILING WITH REGISTRAR
PDK DESIGN LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
PDK DESIGN LTD
BALANCE SHEET
AS AT
31 MARCH 2024
31 March 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
55
357
Current assets
Debtors
4
4,718
4,573
Cash at bank and in hand
11,839
12,512
16,557
17,085
Creditors: amounts falling due within one year
5
(16,238)
(13,968)
Net current assets
319
3,117
Total assets less current liabilities
374
3,474
Provisions for liabilities
(10)
(68)
Net assets
364
3,406
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
264
3,306
Total equity
364
3,406
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 5 November 2024 and are signed on its behalf by:
Mr P Kubica
Director
Company registration number 07952247 (England and Wales)
PDK DESIGN LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
- 2 -
1
Accounting policies
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes.
1.3
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Office equipment
33% Straight Line
1.4
Deferred tax
Deferred tax is provided in full respect of taxation deferred by the timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax has not been disclosed.
1.5
Retirement benefits
The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. The annual contributions payable are charges to the profit and loss account.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
1
1
PDK DESIGN LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 3 -
3
Tangible fixed assets
Office equipment
£
Cost
At 1 April 2023 and 31 March 2024
1,185
Depreciation and impairment
At 1 April 2023
828
Depreciation charged in the year
302
At 31 March 2024
1,130
Carrying amount
At 31 March 2024
55
At 31 March 2023
357
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
4,470
4,300
Other debtors
248
273
4,718
4,573
5
Creditors: amounts falling due within one year
2024
2023
£
£
Corporation tax
9,430
8,449
Other creditors
6,808
5,519
16,238
13,968