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REGISTERED NUMBER: 11807686 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2024

for

Design My Stairs Ltd

Design My Stairs Ltd (Registered number: 11807686)






Contents of the Financial Statements
for the Year Ended 28 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Design My Stairs Ltd

Company Information
for the Year Ended 28 February 2024







DIRECTOR: Mr Ian Mackenzie





REGISTERED OFFICE: Commerce House
Campbeltown Road
Birkenhead
Wirral
Merseyside
CH41 9HP





REGISTERED NUMBER: 11807686 (England and Wales)





ACCOUNTANTS: LJS Accounting Services (UK) Ltd
Unit 5, 1st Floor
Connect Business Village
24 Derby Road
Liverpool
Merseyside
L5 9PR

Design My Stairs Ltd (Registered number: 11807686)

Balance Sheet
28 February 2024

28.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 22,986 5,141

CURRENT ASSETS
Stocks 5 11,230 5,995
Debtors 6 4,633 3,071
Cash at bank 8,509 10,495
24,372 19,561
CREDITORS
Amounts falling due within one year 7 9,976 12,449
NET CURRENT ASSETS 14,396 7,112
TOTAL ASSETS LESS CURRENT
LIABILITIES

37,382

12,253

CREDITORS
Amounts falling due after more than one
year

8

(4,624

)

(6,598

)

PROVISIONS FOR LIABILITIES 9 (782 ) (977 )
NET ASSETS 31,976 4,678

CAPITAL AND RESERVES
Called up share capital 10 1 1
Retained earnings 11 31,975 4,677
SHAREHOLDERS' FUNDS 31,976 4,678

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

Design My Stairs Ltd (Registered number: 11807686)

Balance Sheet - continued
28 February 2024


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

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 20 November 2024 and were signed by:





Mr Ian Mackenzie - Director


Design My Stairs Ltd (Registered number: 11807686)

Notes to the Financial Statements
for the Year Ended 28 February 2024

1. STATUTORY INFORMATION

Design My Stairs Ltd 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.
Tools and equipment - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Computer equipment - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 ) .

Design My Stairs Ltd (Registered number: 11807686)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Tools and and Motor Computer
equipment fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 March 2023 2,171 1,876 - 4,191 8,238
Additions 10,000 - 13,590 - 23,590
At 28 February 2024 12,171 1,876 13,590 4,191 31,828
DEPRECIATION
At 1 March 2023 913 675 - 1,509 3,097
Charge for year 2,251 240 2,718 536 5,745
At 28 February 2024 3,164 915 2,718 2,045 8,842
NET BOOK VALUE
At 28 February 2024 9,007 961 10,872 2,146 22,986
At 28 February 2023 1,258 1,201 - 2,682 5,141

5. STOCKS
28.2.24 28.2.23
£    £   
Stocks 11,230 5,995

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.24 28.2.23
£    £   
Directors' current accounts 4,633 3,071

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.24 28.2.23
£    £   
Tax 4,569 7,572
Social security and other taxes 523 958
VAT 4,540 3,664
Accrued expenses 344 255
9,976 12,449

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.24 28.2.23
£    £   
Other loans - 2-5 years 4,624 6,598

9. PROVISIONS FOR LIABILITIES
28.2.24 28.2.23
£    £   
Deferred tax 782 977

Design My Stairs Ltd (Registered number: 11807686)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2024

9. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 March 2023 977
Provided during year (195 )
Accelerated Capital Allowances
Balance at 28 February 2024 782

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.24 28.2.23
value: £    £   
1 Ordinary £1 1 1

11. RESERVES
Retained
earnings
£   

At 1 March 2023 4,677
Profit for the year 37,298
Dividends (10,000 )
At 28 February 2024 31,975