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Company Registration No. 06348685 (England and Wales)
V THE DESIGN HUB LTD Unaudited accounts for the year ended 31 March 2024
V THE DESIGN HUB LTD Unaudited accounts Contents
Page
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V THE DESIGN HUB LTD Company Information for the year ended 31 March 2024
Director
Akash Lohia
Company Number
06348685 (England and Wales)
Registered Office
28 KYNANCE CLOSE LUTON LU2 9DN
Accountants
Daniel & Associate Ltd Geoffrey Mwale Balfour House 741 High Road London N12 0BP
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V THE DESIGN HUB LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
55,774 
55,774 
Current assets
Cash at bank and in hand
1,293 
2,439 
Creditors: amounts falling due within one year
- 
(24)
Net current assets
1,293 
2,415 
Total assets less current liabilities
57,067 
58,189 
Provisions for liabilities
Deferred tax
(2,219)
(2,219)
Net assets
54,848 
55,970 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
54,748 
55,870 
Shareholders' funds
54,848 
55,970 
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 25 December 2024 and were signed on its behalf by
Akash Lohia Director Company Registration No. 06348685
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V THE DESIGN HUB LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
V THE DESIGN HUB LTD is a private company, limited by shares, registered in England and Wales, registration number 06348685. The registered office is 28 KYNANCE CLOSE, LUTON, LU2 9DN.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2023
55,774 
At 31 March 2024
55,774 
Amortisation
At 1 April 2023
- 
At 31 March 2024
- 
Net book value
At 31 March 2024
55,774 
At 31 March 2023
55,774 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
- 
24 
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V THE DESIGN HUB LTD Notes to the Accounts for the year ended 31 March 2024
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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