2023-04-012024-03-312024-03-31false08434740Altitude Design Ltd2024-12-0263120iso4217:GBPxbrli:pure084347402023-04-01084347402024-03-31084347402023-04-012024-03-31084347402022-04-01084347402023-03-31084347402022-04-012023-03-3108434740bus:SmallEntities2023-04-012024-03-3108434740bus:AuditExempt-NoAccountantsReport2023-04-012024-03-3108434740bus:FullAccounts2023-04-012024-03-3108434740bus:PrivateLimitedCompanyLtd2023-04-012024-03-3108434740core:WithinOneYear2024-03-3108434740core:AfterOneYear2024-03-3108434740core:WithinOneYear2023-03-3108434740core:AfterOneYear2023-03-3108434740core:ShareCapital2024-03-3108434740core:SharePremium2024-03-3108434740core:RevaluationReserve2024-03-3108434740core:OtherReservesSubtotal2024-03-3108434740core:RetainedEarningsAccumulatedLosses2024-03-3108434740core:ShareCapital2023-03-3108434740core:SharePremium2023-03-3108434740core:RevaluationReserve2023-03-3108434740core:OtherReservesSubtotal2023-03-3108434740core:RetainedEarningsAccumulatedLosses2023-03-3108434740core:LandBuildings2024-03-3108434740core:PlantMachinery2024-03-3108434740core:Vehicles2024-03-3108434740core:FurnitureFittings2024-03-3108434740core:OfficeEquipment2024-03-3108434740core:NetGoodwill2024-03-3108434740core:IntangibleAssetsOtherThanGoodwill2024-03-3108434740core:ListedExchangeTraded2024-03-3108434740core:UnlistedNon-exchangeTraded2024-03-3108434740core:LandBuildings2023-03-3108434740core:PlantMachinery2023-03-3108434740core:Vehicles2023-03-3108434740core:FurnitureFittings2023-03-3108434740core:OfficeEquipment2023-03-3108434740core:NetGoodwill2023-03-3108434740core:IntangibleAssetsOtherThanGoodwill2023-03-3108434740core:ListedExchangeTraded2023-03-3108434740core:UnlistedNon-exchangeTraded2023-03-3108434740core:LandBuildings2023-04-012024-03-3108434740core:PlantMachinery2023-04-012024-03-3108434740core:Vehicles2023-04-012024-03-3108434740core:FurnitureFittings2023-04-012024-03-3108434740core:OfficeEquipment2023-04-012024-03-3108434740core:NetGoodwill2023-04-012024-03-3108434740core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3108434740core:ListedExchangeTraded2023-04-012024-03-3108434740core:UnlistedNon-exchangeTraded2023-04-012024-03-3108434740core:MoreThanFiveYears2023-04-012024-03-3108434740core:Non-currentFinancialInstruments2024-03-3108434740core:Non-currentFinancialInstruments2023-03-3108434740dpl:CostSales2023-04-012024-03-3108434740dpl:DistributionCosts2023-04-012024-03-3108434740core:LandBuildings2023-04-012024-03-3108434740core:PlantMachinery2023-04-012024-03-3108434740core:Vehicles2023-04-012024-03-3108434740core:FurnitureFittings2023-04-012024-03-3108434740core:OfficeEquipment2023-04-012024-03-3108434740dpl:AdministrativeExpenses2023-04-012024-03-3108434740core:NetGoodwill2023-04-012024-03-3108434740core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3108434740dpl:GroupUndertakings2023-04-012024-03-3108434740dpl:ParticipatingInterests2023-04-012024-03-3108434740dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3108434740core:ListedExchangeTraded2023-04-012024-03-3108434740dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3108434740core:UnlistedNon-exchangeTraded2023-04-012024-03-3108434740dpl:CostSales2022-04-012023-03-3108434740dpl:DistributionCosts2022-04-012023-03-3108434740core:LandBuildings2022-04-012023-03-3108434740core:PlantMachinery2022-04-012023-03-3108434740core:Vehicles2022-04-012023-03-3108434740core:FurnitureFittings2022-04-012023-03-3108434740core:OfficeEquipment2022-04-012023-03-3108434740dpl:AdministrativeExpenses2022-04-012023-03-3108434740core:NetGoodwill2022-04-012023-03-3108434740core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3108434740dpl:GroupUndertakings2022-04-012023-03-3108434740dpl:ParticipatingInterests2022-04-012023-03-3108434740dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3108434740core:ListedExchangeTraded2022-04-012023-03-3108434740dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3108434740core:UnlistedNon-exchangeTraded2022-04-012023-03-3108434740core:NetGoodwill2024-03-3108434740core:IntangibleAssetsOtherThanGoodwill2024-03-3108434740core:LandBuildings2024-03-3108434740core:PlantMachinery2024-03-3108434740core:Vehicles2024-03-3108434740core:FurnitureFittings2024-03-3108434740core:OfficeEquipment2024-03-3108434740core:AfterOneYear2024-03-3108434740core:WithinOneYear2024-03-3108434740core:ListedExchangeTraded2024-03-3108434740core:UnlistedNon-exchangeTraded2024-03-3108434740core:ShareCapital2024-03-3108434740core:SharePremium2024-03-3108434740core:RevaluationReserve2024-03-3108434740core:OtherReservesSubtotal2024-03-3108434740core:RetainedEarningsAccumulatedLosses2024-03-3108434740core:NetGoodwill2023-03-3108434740core:IntangibleAssetsOtherThanGoodwill2023-03-3108434740core:LandBuildings2023-03-3108434740core:PlantMachinery2023-03-3108434740core:Vehicles2023-03-3108434740core:FurnitureFittings2023-03-3108434740core:OfficeEquipment2023-03-3108434740core:AfterOneYear2023-03-3108434740core:WithinOneYear2023-03-3108434740core:ListedExchangeTraded2023-03-3108434740core:UnlistedNon-exchangeTraded2023-03-3108434740core:ShareCapital2023-03-3108434740core:SharePremium2023-03-3108434740core:RevaluationReserve2023-03-3108434740core:OtherReservesSubtotal2023-03-3108434740core:RetainedEarningsAccumulatedLosses2023-03-3108434740core:NetGoodwill2022-04-0108434740core:IntangibleAssetsOtherThanGoodwill2022-04-0108434740core:LandBuildings2022-04-0108434740core:PlantMachinery2022-04-0108434740core:Vehicles2022-04-0108434740core:FurnitureFittings2022-04-0108434740core:OfficeEquipment2022-04-0108434740core:AfterOneYear2022-04-0108434740core:WithinOneYear2022-04-0108434740core:ListedExchangeTraded2022-04-0108434740core:UnlistedNon-exchangeTraded2022-04-0108434740core:ShareCapital2022-04-0108434740core:SharePremium2022-04-0108434740core:RevaluationReserve2022-04-0108434740core:OtherReservesSubtotal2022-04-0108434740core:RetainedEarningsAccumulatedLosses2022-04-0108434740core:AfterOneYear2023-04-012024-03-3108434740core:WithinOneYear2023-04-012024-03-3108434740core:Non-currentFinancialInstrumentscore:CostValuation2023-04-012024-03-3108434740core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-04-012024-03-3108434740core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-04-012024-03-3108434740core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-04-012024-03-3108434740core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-04-012024-03-3108434740core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-04-012024-03-3108434740core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3108434740core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3108434740core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3108434740core:Non-currentFinancialInstrumentscore:CostValuation2024-03-3108434740core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-03-3108434740core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-03-3108434740core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-03-3108434740core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-03-3108434740core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-03-3108434740core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-03-3108434740core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-03-3108434740core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-03-3108434740core:Non-currentFinancialInstrumentscore:CostValuation2023-03-3108434740core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-03-3108434740core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-03-3108434740core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-03-3108434740core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-03-3108434740core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-03-3108434740core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-03-3108434740core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-03-3108434740core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-03-3108434740bus:Director12023-04-012024-03-3108434740core:FurnitureFittingsToolsEquipment2023-03-3108434740core:FurnitureFittingsToolsEquipment2023-04-012024-03-3108434740core:FurnitureFittingsToolsEquipment2024-03-31

Altitude Design Ltd

Registered Number
08434740
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2024

Altitude Design Ltd
Company Information
for the year from 1 April 2023 to 31 March 2024

Director

Mr M Noble

Registered Address

Mount Wise House
Discovery Road
Plymouth
PL1 4QU

Registered Number

08434740 (England and Wales)
Altitude Design Ltd
Balance Sheet as at
31 March 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Intangible assets3-2,800
Tangible assets41,8671,292
1,8674,092
Current assets
Stocks52,8742,722
Debtors6165,98867,490
Cash at bank and on hand402,137485,223
570,999555,435
Creditors amounts falling due within one year7(118,552)(126,780)
Net current assets (liabilities)452,447428,655
Total assets less current liabilities454,314432,747
Provisions for liabilities8(355)(775)
Net assets453,959431,972
Capital and reserves
Called up share capital11
Profit and loss account453,958431,971
Shareholders' funds453,959431,972
The financial statements were approved and authorised for issue by the Director on 2 December 2024, and are signed on its behalf by:
Mr M Noble
Director
Registered Company No. 08434740
Altitude Design Ltd
Notes to the Financial Statements
for the year ended 31 March 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Deferred tax
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. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Intangible assets
Goodwill Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of ten years.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)Straight line (years)
Fixtures and fittings20-
Office Equipment-3
Stocks and work in progress
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
2.Average number of employees

20242023
Average number of employees during the year11
3.Intangible assets

Goodwill

Total

££
Cost or valuation
At 01 April 2330,00030,000
At 31 March 2430,00030,000
Amortisation and impairment
At 01 April 2327,20027,200
Charge for year2,8002,800
At 31 March 2430,00030,000
Net book value
At 31 March 24--
At 31 March 232,8002,800
4.Tangible fixed assets

Fixtures & fittings

Office Equipment

Total

£££
Cost or valuation
At 01 April 233,158-3,158
Additions-999999
At 31 March 243,1589994,157
Depreciation and impairment
At 01 April 231,866-1,866
Charge for year259165424
At 31 March 242,1251652,290
Net book value
At 31 March 241,0338341,867
At 31 March 231,292-1,292
5.Stocks

2024

2023

££
Work in progress2,8742,722
Total2,8742,722
6.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables52,30932,999
Amounts owed by group undertakings113,67934,491
Total165,98867,490
7.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables-1,935
Taxation and social security28,99239,588
Other creditors69,96372,974
Accrued liabilities and deferred income19,59712,283
Total118,552126,780
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.
8.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)355775
Total355775