2023-08-01 2024-07-31 false No description of principal activity Capium Accounts Production 1.1 6636913 2023-08-01 2024-07-31 6636913 bus:FullAccounts 2023-08-01 2024-07-31 6636913 bus:FRS102 2023-08-01 2024-07-31 6636913 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 6636913 bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 6636913 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 6636913 2023-08-01 2024-07-31 6636913 2024-07-31 6636913 bus:RegisteredOffice 2023-08-01 2024-07-31 6636913 core:WithinOneYear 2024-07-31 6636913 core:AfterOneYear 2024-07-31 6636913 1 2023-08-01 2024-07-31 6636913 bus:Director1 2023-08-01 2024-07-31 6636913 bus:Director1 2024-07-31 6636913 bus:Director1 2022-08-01 2023-07-31 6636913 2022-08-01 6636913 bus:LeadAgentIfApplicable 2023-08-01 2024-07-31 6636913 2022-08-01 2023-07-31 6636913 2023-07-31 6636913 core:WithinOneYear 2023-07-31 6636913 core:AfterOneYear 2023-07-31 6636913 bus:EntityAccountantsOrAuditors 2022-08-01 2023-07-31 6636913 core:PlantMachinery 2023-08-01 2024-07-31 6636913 core:PlantMachinery 2024-07-31 6636913 core:PlantMachinery 2023-07-31 6636913 core:FurnitureFittings 2023-08-01 2024-07-31 6636913 core:FurnitureFittings 2024-07-31 6636913 core:FurnitureFittings 2023-07-31 6636913 core:LandBuildings 2023-08-01 2024-07-31 6636913 core:LandBuildings 2024-07-31 6636913 core:LandBuildings 2023-07-31 6636913 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-07-31 6636913 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-07-31 6636913 core:CostValuation core:Non-currentFinancialInstruments 2024-07-31 6636913 core:CostValuation core:Non-currentFinancialInstruments 2023-07-31 6636913 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-07-31 6636913 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-07-31 6636913 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-07-31 6636913 core:Non-currentFinancialInstruments 2024-07-31 6636913 core:Non-currentFinancialInstruments 2023-07-31 6636913 core:ShareCapital 2024-07-31 6636913 core:ShareCapital 2023-07-31 6636913 core:RetainedEarningsAccumulatedLosses 2024-07-31 6636913 core:RetainedEarningsAccumulatedLosses 2023-07-31 6636913 dpl:Item1 2023-08-01 6636913 dpl:Item1 2024-07-31 6636913 dpl:Item1 2022-08-01 6636913 dpl:Item1 2023-07-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 6636913
England and Wales

 

 

 

GRAEME FULLER DESIGN LTD


Unaudited Financial Statements
 


Period of accounts

Start date: 01 August 2023

End date: 31 July 2024
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 3 2,314    6,557 
2,314    6,557 
Current assets      
Stocks 4 37,672    25,389 
Debtors 5 190,351    112,340 
Cash at bank and in hand 65,086    79,490 
293,109    217,219 
Creditors: amount falling due within one year 6 (175,963)   (83,395)
Net current assets 117,146    133,824 
 
Total assets less current liabilities 119,460    140,381 
Creditors: amount falling due after more than one year 7 (8,529)   (18,450)
Provisions for liabilities 8 (1,518)   (1,246)
Net assets 109,413    120,685 
 

Capital and reserves
     
Called up share capital 10    10 
Profit and loss account 109,403    120,675 
Shareholders' funds 109,413    120,685 
 


For the year ended 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.
The financial statements were approved by the director on 15 April 2025 and were signed by:


-------------------------------
Graeme Fuller
Director
1
General Information
Graeme Fuller Design Ltd is a private company, limited by shares, registered in England and Wales, registration number 6636913, registration address 356c Dukesway Court, Team Valley Trading Estate, NE11 0BH.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102(1A) The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves, respectively.
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible fixed assets
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:
Fixtures and Fittings 25% Straight Line
Plant and Machinery 25% Straight Line
Land and Buildings 25% Straight Line
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Average number of employees

Average number of employees during the year was 10 (2023 : 10).
3.

Tangible fixed assets

Cost or valuation Plant and Machinery   Fixtures and Fittings   Land and Buildings   Total
  £   £   £   £
At 01 August 2023 14,492    35,714    8,644    58,850 
Additions      
Disposals      
At 31 July 2024 14,492    35,714    8,644    58,850 
Depreciation
At 01 August 2023 9,469    34,180    8,644    52,293 
Charge for year 2,742    1,501      4,243 
On disposals      
At 31 July 2024 12,211    35,681    8,644    56,536 
Net book values
Closing balance as at 31 July 2024 2,281    33      2,314 
Opening balance as at 01 August 2023 5,023    1,534      6,557 


4.

Stocks

2024
£
  2023
£
Stocks 37,672    25,389 
37,672    25,389 

5.

Debtors: amounts falling due within one year

2024
£
  2023
£
Trade Debtors 182,851    99,955 
Prepayments & Accrued Income 7,500    7,500 
Corporation Tax   4,885 
190,351    112,340 

6.

Creditors: amount falling due within one year

2024
£
  2023
£
Trade Creditors 107,998    54,122 
Bank Loans & Overdrafts 10,648    10,648 
Corporation Tax 5,703   
PAYE & Social Security 1,996    2,180 
Accrued Expenses 2,000    2,000 
Other Creditors   916 
Attachment of Earnings 81   
Directors' Current Accounts 40,001   
VAT 7,536    13,528 
175,963    83,395 

7.

Creditors: amount falling due after more than one year

2024
£
  2023
£
Bank Loans & Overdrafts 8,529    18,450 
8,529    18,450 

8.

Provisions for liabilities

2024
£
  2023
£
Deferred Tax 579    1,246 
Pension Provisions 939   
1,518    1,246 

9.

Directors advances, credits and guarantees

Included in creditors: amounts due within one year, are amounts owed to the Director of £40,001 (2023 - £1)
10.

Disclosure of controlling party

For the whole of the period under review the company was under the control of Graeme Fuller, director of the company.

2