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REGISTERED NUMBER: SC484197 (Scotland)















AZUL DESIGN LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024






AZUL DESIGN LIMITED (REGISTERED NUMBER: SC484197)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 August 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


AZUL DESIGN LIMITED

COMPANY INFORMATION
For The Year Ended 31 August 2024







DIRECTOR: A T McPherson





SECRETARY: B A McPherson





REGISTERED OFFICE: 6 Somerford Road
Bearsden
Glasgow
G61 1AS





REGISTERED NUMBER: SC484197 (Scotland)





ACCOUNTANTS: Benham Conway & Co
16 Royal Crescent
Glasgow
G3 7SL

AZUL DESIGN LIMITED (REGISTERED NUMBER: SC484197)

BALANCE SHEET
31 August 2024

31.8.24 31.8.23
Notes £    £   
CURRENT ASSETS
Debtors 5 9,187 2,579
Cash at bank 4,285 15,428
13,472 18,007
CREDITORS
Amounts falling due within one year 6 12,769 17,127
NET CURRENT ASSETS 703 880
TOTAL ASSETS LESS CURRENT
LIABILITIES

703

880

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 603 780
SHAREHOLDERS' FUNDS 703 880

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

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 5 February 2025 and were signed by:





A T McPherson - Director


AZUL DESIGN LIMITED (REGISTERED NUMBER: SC484197)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 August 2024


1. STATUTORY INFORMATION

Azul Design Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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 services provided in the year, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

Taxation
Taxation for the year comprises current 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 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.

Pension costs and other post-retirement benefits
The company makes contributions to the director's personal pension scheme. Contributions payable are charged to the profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2023
and 31 August 2024 724
DEPRECIATION
At 1 September 2023
and 31 August 2024 724
NET BOOK VALUE
At 31 August 2024 -

AZUL DESIGN LIMITED (REGISTERED NUMBER: SC484197)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 August 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 3,075 2,154
Other debtors 458 425
Director's loan account 5,654 -
9,187 2,579

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Director's loan account - 5,397
Taxation and social security 11,599 10,561
Other creditors 1,170 1,169
12,769 17,127

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At 31 August 2024 the company had provided the company's director with interest free loans totalling £5,654 (2023, £0). There are no fixed repayment terms for these loans.

8. RELATED PARTY DISCLOSURES

At 31 August 2023 the company's director had provided the company with interest free loans totalling £5,397. These loans were repaid during the year.