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REGISTERED NUMBER: SC735440 (Scotland)












Simplified By Design Ltd

Unaudited Financial Statements

for the Year Ended 30 June 2024






Simplified By Design Ltd (Registered number: SC735440)






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


Simplified By Design Ltd

Company Information
for the Year Ended 30 June 2024







Directors: Mrs A E Jack
B G Mason





Registered office: 71 Park Road
Brechin
Angus
DD9 7AP





Registered number: SC735440 (Scotland)





Accountants: Warr & Co Limited
Chartered Accountants
Mynshull House
78 Churchgate
Stockport
Cheshire
SK1 1YJ

Simplified By Design Ltd (Registered number: SC735440)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
Fixed assets
Tangible assets 4 1,930 1,711

Current assets
Debtors 5 1,951 5,740
Cash at bank and in hand 25,410 44,848
27,361 50,588
Creditors
Amounts falling due within one year 6 3,425 14,443
Net current assets 23,936 36,145
Total assets less current liabilities 25,866 37,856

Capital and reserves
Called up share capital 100 100
Retained earnings 25,766 37,756
Shareholders' funds 25,866 37,856

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 directors acknowledge their 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.

Simplified By Design Ltd (Registered number: SC735440)

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 Board of Directors and authorised for issue on 18 March 2025 and were signed on its behalf by:





B G Mason - Director


Simplified By Design Ltd (Registered number: SC735440)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. Statutory information

Simplified By Design Ltd 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost
Computer equipment - 20% on cost

3. Employees and directors

The average number of employees during the year was 2 (2023 - 2 ) .

4. Tangible fixed assets
Plant and
machinery
etc
£   
Cost
At 1 July 2023 2,139
Additions 809
At 30 June 2024 2,948
Depreciation
At 1 July 2023 428
Charge for year 590
At 30 June 2024 1,018
Net book value
At 30 June 2024 1,930
At 30 June 2023 1,711

Simplified By Design Ltd (Registered number: SC735440)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

5. Debtors: amounts falling due within one year
30.6.24 30.6.23
£    £   
Trade debtors 1,951 3,963
Other debtors - 1,777
1,951 5,740

6. Creditors: amounts falling due within one year
30.6.24 30.6.23
£    £   
Taxation and social security 1,290 12,643
Other creditors 2,135 1,800
3,425 14,443