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Company Registration No. 12159720 (England and Wales)
Andy Stedman Design Ltd Unaudited accounts for the year ended 31 August 2024
Andy Stedman Design Ltd Unaudited accounts Contents
Page
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Andy Stedman Design Ltd Company Information for the year ended 31 August 2024
Directors
Andrew Stedman Julia Stedman
Company Number
12159720 (England and Wales)
Registered Office
Suite 2a, Vinnetrow Business Park Vinnetrow Road, Runcton Chichester PO20 1QH England
Accountants
B4Bookkeeping Ltd 1 Lincoln House Tangmere Chichester West Sussex PO20 2FS
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Andy Stedman Design Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
45,407 
11,989 
Current assets
Inventories
40,000 
20,000 
Debtors
91,854 
55,519 
Cash at bank and in hand
42,570 
176,210 
174,424 
251,729 
Creditors: amounts falling due within one year
(161,915)
(130,712)
Net current assets
12,509 
121,017 
Total assets less current liabilities
57,916 
133,006 
Creditors: amounts falling due after more than one year
- 
(36,430)
Net assets
57,916 
96,576 
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
57,912 
96,572 
Shareholders' funds
57,916 
96,576 
For the year ending 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 22 April 2025 and were signed on its behalf by
Andrew Stedman Director Company Registration No. 12159720
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Andy Stedman Design Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Andy Stedman Design Ltd is a private company, limited by shares, registered in England and Wales, registration number 12159720. The registered office is Suite 2a, Vinnetrow Business Park, Vinnetrow Road, Runcton, Chichester, PO20 1QH, England.
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.
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. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Presentation currency
The accounts are presented in £ sterling.
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:
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.
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Andy Stedman Design Ltd Notes to the Accounts for the year ended 31 August 2024
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 September 2023
15,430 
2,615 
- 
2,329 
12,647 
33,021 
Additions
- 
- 
34,421 
3,795 
705 
38,921 
Revaluations
- 
- 
- 
- 
(37)
(37)
At 31 August 2024
15,430 
2,615 
34,421 
6,124 
13,315 
71,905 
Depreciation
At 1 September 2023
5,144 
2,614 
- 
2,330 
10,944 
21,032 
Charge for the year
2,572 
- 
717 
374 
1,822 
5,485 
Surplus on revaluation
- 
- 
- 
- 
(19)
(19)
At 31 August 2024
7,716 
2,614 
717 
2,704 
12,747 
26,498 
Net book value
At 31 August 2024
7,714 
1 
33,704 
3,420 
568 
45,407 
At 31 August 2023
10,286 
1 
- 
(1)
1,703 
11,989 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
13,356 
48,000 
Accrued income and prepayments
11,551 
4,136 
Other debtors
66,947 
3,383 
91,854 
55,519 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
57,175 
6,240 
VAT
34,918 
52,267 
Trade creditors
14,373 
11,697 
Taxes and social security
17,467 
53,536 
Other creditors
36,254 
808 
Loans from directors
388 
- 
Accruals
1,340 
6,164 
161,915 
130,712 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
- 
36,430 
8
Average number of employees
During the year the average number of employees was 6 (2023: 6).
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