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REGISTERED NUMBER: 02765346 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

IN-FILL DESIGN LIMITED

IN-FILL DESIGN LIMITED (REGISTERED NUMBER: 02765346)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


IN-FILL DESIGN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mr A W Ince
Mrs H Ince





SECRETARY: Mr A W Ince





REGISTERED OFFICE: Hartland
13 Mayfield Road
Bramhall
Cheshire
SK7 1JU





REGISTERED NUMBER: 02765346 (England and Wales)





ACCOUNTANTS: Christian Douglass Accountants Limited
Chartered Accountants
2 Jordan Street
Knott Mill
Manchester
M15 4PY

IN-FILL DESIGN LIMITED (REGISTERED NUMBER: 02765346)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 37,805 36,669
Investment property 5 721,691 721,691
759,496 758,360

CURRENT ASSETS
Debtors 6 56,793 57,231
Cash at bank 15,097 18,246
71,890 75,477
CREDITORS
Amounts falling due within one year 7 113,609 130,239
NET CURRENT LIABILITIES (41,719 ) (54,762 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

717,777

703,598

PROVISIONS FOR LIABILITIES 24,004 23,473
NET ASSETS 693,773 680,125

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 8 88,524 88,524
Retained earnings 605,149 591,501
SHAREHOLDERS' FUNDS 693,773 680,125

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

IN-FILL DESIGN LIMITED (REGISTERED NUMBER: 02765346)

BALANCE SHEET - continued
31 MARCH 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 Board of Directors and authorised for issue on 2 December 2024 and were signed on its behalf by:





Mr A W Ince - Director


IN-FILL DESIGN LIMITED (REGISTERED NUMBER: 02765346)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

In-Fill Design Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 02765346 and its registered office is at Hartland, 13 Mayfield Road, Bramhall, Cheshire, SK7 1JU.

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 as modified by the revaluation of certain assets.

Turnover
Turnover represents net invoiced sales of goods and services excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

Rental income is recognised on an accruals basis.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 2% on cost
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

IN-FILL DESIGN LIMITED (REGISTERED NUMBER: 02765346)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 April 2023 42,839 5,046 4,892 52,777
Additions - 4,154 - 4,154
At 31 March 2024 42,839 9,200 4,892 56,931
DEPRECIATION
At 1 April 2023 10,781 1,917 3,410 16,108
Charge for year 857 1,667 494 3,018
At 31 March 2024 11,638 3,584 3,904 19,126
NET BOOK VALUE
At 31 March 2024 31,201 5,616 988 37,805
At 31 March 2023 32,058 3,129 1,482 36,669

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 721,691
NET BOOK VALUE
At 31 March 2024 721,691
At 31 March 2023 721,691

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2020 88,524
Cost 633,167
721,691

At the balance sheet date investment property was stated at fair value as determined by the directors.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 52,055 35,939
Other debtors 4,738 21,292
56,793 57,231

IN-FILL DESIGN LIMITED (REGISTERED NUMBER: 02765346)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 9,383 3,545
Amounts owed to group undertakings 11,588 200
Taxation and social security 12,448 7,296
Other creditors 80,190 119,198
113,609 130,239

8. RESERVES
Fair
value
reserve
£   
At 1 April 2023
and 31 March 2024 88,524

9. ULTIMATE CONTROLLING PARTY

The controlling party is In-Fill Design (Holdings) Limited.