Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312024-05-31false2023-06-01falseNo description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 02844704 2023-06-01 2024-05-31 02844704 2022-06-01 2023-05-31 02844704 2024-05-31 02844704 2023-05-31 02844704 c:Director2 2023-06-01 2024-05-31 02844704 d:FurnitureFittings 2023-06-01 2024-05-31 02844704 d:OtherPropertyPlantEquipment 2023-06-01 2024-05-31 02844704 d:OtherPropertyPlantEquipment 2024-05-31 02844704 d:OtherPropertyPlantEquipment 2023-05-31 02844704 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 02844704 d:CurrentFinancialInstruments 2024-05-31 02844704 d:CurrentFinancialInstruments 2023-05-31 02844704 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 02844704 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 02844704 d:ShareCapital 2024-05-31 02844704 d:ShareCapital 2023-05-31 02844704 d:RetainedEarningsAccumulatedLosses 2024-05-31 02844704 d:RetainedEarningsAccumulatedLosses 2023-05-31 02844704 c:FRS102 2023-06-01 2024-05-31 02844704 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 02844704 c:FullAccounts 2023-06-01 2024-05-31 02844704 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 02844704 2 2023-06-01 2024-05-31 02844704 e:PoundSterling 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure

Registered number: 02844704









D H DESIGN LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2024

 
D H DESIGN LIMITED
REGISTERED NUMBER: 02844704

STATEMENT OF FINANCIAL POSITION
AS AT 31 MAY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,468
1,151

  
1,468
1,151

Current assets
  

Debtors: amounts falling due within one year
 5 
1,937
99,407

Cash at bank and in hand
 6 
208,379
123,105

  
210,316
222,512

Creditors: amounts falling due within one year
 7 
(10,055)
(16,991)

Net current assets
  
 
 
200,261
 
 
205,521

Total assets less current liabilities
  
201,729
206,672

  

Net assets
  
201,729
206,672


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
201,629
206,572

  
201,729
206,672


Page 1

 
D H DESIGN LIMITED
REGISTERED NUMBER: 02844704
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MAY 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




Mr D Hersey
Director

Date: 25 January 2025

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
D H DESIGN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


General information

D H Design Limited is a private company limited by shares, incorporated in England & Wales. Its registered office is 101 New Cavendish Street, 1st Floor South, London, United Kingdom, W1W 6XH.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
D H DESIGN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)


2.3
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures, fittings & equipment
-
25% Straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 4

 
D H DESIGN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)

 
2.7

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

 
2.8

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

 
2.10

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.11

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.


Page 5

 
D H DESIGN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

3.


Employees




The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Tangible fixed assets





Other fixed assets

£



Cost or valuation


At 1 June 2023
100,882


Additions
1,957



At 31 May 2024

102,839



Depreciation


At 1 June 2023
99,731


Charge for the year on owned assets
1,640



At 31 May 2024

101,371



Net book value



At 31 May 2024
1,468



At 31 May 2023
1,151


5.


Debtors

2024
2023
£
£


Other debtors
1,937
99,407

1,937
99,407


Page 6

 
D H DESIGN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
208,379
123,105

208,379
123,105



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
5,803
12,978

Other taxation and social security
-
495

Other creditors
752
18

Accruals and deferred income
3,500
3,500

10,055
16,991


 
Page 7