2023-09-01 04843122 2024-08-31 04843122 2023-09-01 2024-08-31 04843122 2023-08-31 04843122 2022-09-01 2023-08-31 04843122 uk-core:WithinOneYear 2023-08-31 04843122 uk-core:WithinOneYear 2024-08-31 04843122 uk-core:ShareCapital 2024-08-31 04843122 uk-core:ShareCapital 2023-08-31 04843122 uk-core:InvestmentPropertiesRevaluationReserve 2024-08-31 04843122 uk-core:InvestmentPropertiesRevaluationReserve 2023-08-31 04843122 uk-core:RetainedEarningsAccumulatedLosses 2024-08-31 04843122 uk-core:RetainedEarningsAccumulatedLosses 2023-08-31 04843122 uk-bus:Director1 2023-09-01 2024-08-31 04843122 uk-core:NetGoodwill 2023-09-01 2024-08-31 04843122 uk-core:ToolsEquipment 2023-09-01 2024-08-31 04843122 uk-core:OtherVehicles 2023-09-01 2024-08-31 04843122 uk-core:Goodwill 2023-08-31 04843122 uk-core:Goodwill 2024-08-31 04843122 uk-core:ToolsEquipment 2023-08-31 04843122 uk-core:OtherVehicles 2023-08-31 04843122 uk-core:OtherVehicles 2024-08-31 04843122 uk-core:ToolsEquipment 2024-08-31 04843122 uk-core:CostValuation 2023-08-31 04843122 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2023-08-31 04843122 uk-core:AdditionsToInvestments 2024-08-31 04843122 uk-core:AdditionsToInvestments uk-core:Non-currentFinancialInstruments 2024-08-31 04843122 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2024-08-31 04843122 uk-core:CostValuation 2024-08-31 04843122 uk-core:Non-currentFinancialInstruments 2024-08-31 04843122 uk-core:Non-currentFinancialInstruments 2023-08-31 iso4217:GBP xbrli:pure 04843122 uk-bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 04843122 uk-bus:FRS102 2023-09-01 2024-08-31 04843122 uk-bus:FilletedAccounts 2023-09-01 2024-08-31 04843122 uk-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31
Patrick Doherty Design Limited
Registered Number:04843122
For the year ended 31 August 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 August 2024
Patrick Doherty Design Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
04843122
As at 31 August 2024
Patrick Doherty Design Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
46,933
21,413
3
Financial assets
330,330
376,208
4
423,141
351,743
Current assets
Trade and other receivables
33,556
154,933
5
160,115
Cash and cash equivalents
16,823
171,756
193,671
Trade and other payables: amounts falling due within one year
(68,821)
(94,772)
6
124,850
76,984
Net current assets
Total assets less current liabilities
500,125
476,593
(22,798)
(10,216)
Provisions for liabilities
477,327
Net assets
466,377
Capital and reserves
Called up share capital
2
2
Fair value reserve
34,855
22,368
Retained earnings
442,470
444,007
477,327
466,377
Shareholders' funds
For the year ended 31 August 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 of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Patrick Doherty Director
These financial statements were approved and authorised for issue by the Board on 11 April 2025 and were signed by:
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4
Registered Number :
04843122
For the year ended 31 August 2024
Patrick Doherty Design Limited
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 31 August 2024
Patrick Doherty Design Limited
Notes to the Financial Statements
Statutory Information
Patrick Doherty Design Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 04843122.
Principal place of business:
Hopgrass Farmhouse
Strongrove Hill, Bath Road
Hungerford
Berkshire
RG17 0SH
Registered address:
Windyridge
Amberley
Stroud
Gloucestershire
GL5 5AA
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting
Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act
2006. The financial statements have been prepared under the historical costs convention as modified by the revaluation
of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of 20 years.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
15% Reducing balance
Equipment
25% Reducing balance
Motor vehicles
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
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6
For the year ended 31 August 2024
Patrick Doherty Design Limited
Notes to the Financial Statements Continued
Investments
Investments are included at fair value.
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 September 2023
63,200
At 31 August 2024
63,200
Amortisation
At 01 September 2023
63,200
At 31 August 2024
63,200
Net book value
At 31 August 2024
-
At 31 August 2023
-
3. Property, plant and equipment
Total
Equipment
Motor vehicles
£
£
£
Cost or valuation
At 01 September 2023
68,212
26,164
42,048
40,676
-
40,676
Additions
At 31 August 2024
82,724
26,164
108,888
Provision for depreciation and impairment
At 01 September 2023
46,799
22,490
24,309
Charge for year
15,156
552
14,604
At 31 August 2024
61,955
23,042
38,913
At 31 August 2024
Net book value
43,811
3,122
46,933
At 31 August 2023
17,739
3,674
21,413
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7
For the year ended 31 August 2024
Patrick Doherty Design Limited
Notes to the Financial Statements Continued
4. Investments held as fixed assets
Other investments
Total
At 01 September 2023
330,330
330,330
Cost
£
£
45,878
45,878
Additions
At 31 August 2024
376,208
376,208
At 31 August 2024
Net book value
376,208
376,208
At 01 September 2023
330,330
330,330
5. Trade and other receivables
2023
2024
£
£
Trade debtors
151,489
32,136
Other debtors
3,444
1,420
33,556
154,933
6. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
8
1,591
Taxation and social security
91,471
63,592
Other creditors
3,293
3,638
94,772
68,821
7. Average number of persons employed
During the year the average number of employees was 2 (2023 : 2)
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