IRIS Accounts Production v24.3.2.46 09641208 director 1.7.23 30.6.24 30.6.24 0 0 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh096412082023-06-30096412082024-06-30096412082023-07-012024-06-30096412082022-06-30096412082022-07-012023-06-30096412082023-06-3009641208ns15:EnglandWales2023-07-012024-06-3009641208ns14:PoundSterling2023-07-012024-06-3009641208ns10:Director12023-07-012024-06-3009641208ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3009641208ns10:SmallEntities2023-07-012024-06-3009641208ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3009641208ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3009641208ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3009641208ns10:FullAccounts2023-07-012024-06-3009641208ns10:OrdinaryShareClass12023-07-012024-06-3009641208ns10:RegisteredOffice2023-07-012024-06-3009641208ns5:CurrentFinancialInstruments2024-06-3009641208ns5:CurrentFinancialInstruments2023-06-3009641208ns5:Non-currentFinancialInstruments2024-06-3009641208ns5:Non-currentFinancialInstruments2023-06-3009641208ns5:ShareCapital2024-06-3009641208ns5:ShareCapital2023-06-3009641208ns5:RetainedEarningsAccumulatedLosses2024-06-3009641208ns5:RetainedEarningsAccumulatedLosses2023-06-3009641208ns5:PlantMachinery2023-07-012024-06-3009641208ns5:ComputerEquipment2023-07-012024-06-3009641208ns5:PlantMachinery2023-06-3009641208ns5:ComputerEquipment2023-06-3009641208ns5:PlantMachinery2024-06-3009641208ns5:ComputerEquipment2024-06-3009641208ns5:PlantMachinery2023-06-3009641208ns5:ComputerEquipment2023-06-3009641208ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3009641208ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-3009641208ns10:OrdinaryShareClass12024-06-30
REGISTERED NUMBER: 09641208 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

DUTY BY DESIGN LIMITED

DUTY BY DESIGN LIMITED (REGISTERED NUMBER: 09641208)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DUTY BY DESIGN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: R J Nunn





REGISTERED OFFICE: Clarence Street Chambers
32 Clarence Street
Southend-on-Sea
Essex
SS1 1BD





BUSINESS ADDRESS: 1 St. Thomas Road
South Fambridge
Rochford
Essex
SS4 3LZ





REGISTERED NUMBER: 09641208 (England and Wales)





ACCOUNTANTS: A.R. Lee & Co.
Chartered Certified Accountants
Clarence Street Chambers
32 Clarence Street
Southend-on-Sea
Essex
SS1 1BD

DUTY BY DESIGN LIMITED (REGISTERED NUMBER: 09641208)

BALANCE SHEET
30 JUNE 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 617 745

CURRENT ASSETS
Debtors 5 42,492 46,889
Cash at bank 3,045 13,291
45,537 60,180
CREDITORS
Amounts falling due within one year 6 47,573 46,101
NET CURRENT (LIABILITIES)/ASSETS (2,036 ) 14,079
TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,419

)

14,824

CREDITORS
Amounts falling due after more than one
year

7

(11,895

)

(13,992

)

PROVISIONS FOR LIABILITIES (117 ) (142 )
NET (LIABILITIES)/ASSETS (13,431 ) 690

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings (13,531 ) 590
SHAREHOLDERS' FUNDS (13,431 ) 690

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

DUTY BY DESIGN LIMITED (REGISTERED NUMBER: 09641208)

BALANCE SHEET - continued
30 JUNE 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 22 January 2025 and were signed by:





R J Nunn - Director


DUTY BY DESIGN LIMITED (REGISTERED NUMBER: 09641208)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

Duty By Design Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents net invoiced sales of services, excluding Value Added Tax, except in respect of contracts where turnover is recognised when the company obtains the right to consideration.

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

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 NIL (2023 - NIL).

DUTY BY DESIGN LIMITED (REGISTERED NUMBER: 09641208)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 July 2023 1,606 1,300 2,906
Additions - 235 235
At 30 June 2024 1,606 1,535 3,141
DEPRECIATION
At 1 July 2023 1,064 1,097 2,161
Charge for year 136 227 363
At 30 June 2024 1,200 1,324 2,524
NET BOOK VALUE
At 30 June 2024 406 211 617
At 30 June 2023 542 203 745

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 42,320 45,781
Other debtors 172 1,108
42,492 46,889

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 2,096 2,044
Trade creditors 688 372
Taxation and social security 16,005 17,687
Other creditors 28,784 25,998
47,573 46,101

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Bank loans 11,895 13,992

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 603 2,969

DUTY BY DESIGN LIMITED (REGISTERED NUMBER: 09641208)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
100 Ordinary £1 100 100