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Registered Number: 12902422
England and Wales

 

 

 


Report of the Director and Unaudited Financial Statements

for the year ended 30 September 2023

for

STANDOUT DESIGNS LTD

 
 
 
£
2023
£
   
£
2022
£
Fixed assets 5,589  6,985 
Current assets 117  7,536 
Creditors: amount falling due within one year (26,396) (13,425)
Net current assets (26,279) (5,889)
Total assets less current liabilities (20,690) 1,096 
Net assets (20,690) 1,096 
 
Capital and reserves (20,690) 1,096 
 
  1. For the year ended 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
  2. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the companies act 2006.
  3. 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Signed on behalf of the board of directors:


----------------------------------
James Thorne
Director

Date approved: 07 January 2025
1
Statutory Information
STANDOUT DESIGNS LTD is a private limited company, limited by shares, domiciled in England and Wales, registration number 12902422, registration address 106 Elm Tree Road, Locking, Weston-Super-Mare, BS24 8EL, United Kingdom.

The presentation currency is £ sterling.
1.

Accounting Policies

Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the FRS 105 Financial Reporting Standard for Micro Entities (effective January 2016).
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery20 Reducing Balance
Computer Equipment20 Reducing Balance
2.

Tangible fixed assets

Cost or Valuation Plant and Machinery   Computer Equipment   Total
  £   £   £
At 01 October 2022 8,400    2,265    10,665 
Additions    
Disposals    
At 30 September 2023 8,400    2,265    10,665 
Depreciation
At 01 October 2022 3,024    656    3,680 
Charge for year 1,075    321    1,396 
On disposals    
At 30 September 2023 4,099    977    5,076 
Net book values
Closing balance as at 30 September 2023 4,301    1,288    5,589 
Opening balance as at 01 October 2022 5,376    1,609    6,985 

3.

Average number of employees

Average number of employees during the year was 1  (2022: 1).
2