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Company Registration No. 07570849 (England and Wales)
Effective Design and Print Ltd Unaudited accounts for the year ended 30 April 2024
Effective Design and Print Ltd Unaudited accounts Contents
Page
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Effective Design and Print Ltd Company Information for the year ended 30 April 2024
Director
Daniel Chapman
Company Number
07570849 (England and Wales)
Registered Office
UNIT 3 MARCUS CLOSE MARCUS CLOSE TILEHURST READING RG30 4EB
Accountants
Bingham and Co Accountants Ltd 3 South View Close Twyford Reading Berkshire RG10 9AY
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Effective Design and Print Ltd Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,694 
5,868 
Current assets
Debtors
75,932 
44,124 
Cash at bank and in hand
(3,840)
(10,731)
72,092 
33,393 
Creditors: amounts falling due within one year
(82,109)
(31,647)
Net current (liabilities)/assets
(10,017)
1,746 
Total assets less current liabilities
(5,323)
7,614 
Creditors: amounts falling due after more than one year
(30,412)
(37,126)
Net liabilities
(35,735)
(29,512)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(35,835)
(29,612)
Shareholders' funds
(35,735)
(29,512)
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 January 2025 and were signed on its behalf by
Daniel Chapman Director Company Registration No. 07570849
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Effective Design and Print Ltd Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Effective Design and Print Ltd is a private company, limited by shares, registered in England and Wales, registration number 07570849. The registered office is UNIT 3 MARCUS CLOSE, MARCUS CLOSE TILEHURST, READING, RG30 4EB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% reducing balance
Computer equipment
3 years straight line
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Effective Design and Print Ltd Notes to the Accounts for the year ended 30 April 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2023
1,140 
23,472 
24,612 
At 30 April 2024
1,140 
23,472 
24,612 
Depreciation
At 1 May 2023
1,140 
17,604 
18,744 
Charge for the year
- 
1,174 
1,174 
At 30 April 2024
1,140 
18,778 
19,918 
Net book value
At 30 April 2024
- 
4,694 
4,694 
At 30 April 2023
- 
5,868 
5,868 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
21,207 
16,996 
Trade debtors
32,405 
8,409 
Deferred tax asset
1,466 
2,501 
Other debtors
20,854 
16,218 
75,932 
44,124 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
3,935 
- 
VAT
26,664 
19,744 
Trade creditors
46,898 
7,405 
Taxes and social security
212 
1,098 
Accruals
4,400 
3,400 
82,109 
31,647 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
30,412 
37,126 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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