Company Registration No. 08671860 (England and Wales)
Fiasco Design Ltd
Unaudited accounts
for the year ended 30 September 2024
Fiasco Design Ltd
Unaudited accounts
Contents
Fiasco Design Ltd
Company Information
for the year ended 30 September 2024
Directors
Jason Smith
Ben Steers
Company Number
08671860 (England and Wales)
Registered Office
Cigar Factory
127-131 Raleigh Rd,
Bristol
BS3 1QU
United Kingdom
Accountants
Harland Business Services Ltd
102 Hill View
Henleaze
Bristol
Avon
BS9 4QG
Fiasco Design Ltd
Statement of financial position
as at 30 September 2024
Tangible assets
6,989
15,236
Cash at bank and in hand
17,237
-
Creditors: amounts falling due within one year
(113,694)
(136,810)
Net current assets
19,919
36,189
Total assets less current liabilities
26,908
51,425
Creditors: amounts falling due after more than one year
(26,531)
(46,811)
Called up share capital
101
101
Profit and loss account
276
4,513
Shareholders' funds
377
4,614
For the year ending 30 September 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 1 June 2025 and were signed on its behalf by
Jason Smith
Director
Company Registration No. 08671860
Fiasco Design Ltd
Notes to the Accounts
for the year ended 30 September 2024
Fiasco Design Ltd is a private company, limited by shares, registered in England and Wales, registration number 08671860. The registered office is Cigar Factory, 127-131 Raleigh Rd,, Bristol, BS3 1QU, United Kingdom.
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.
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.
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:
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 October 2023
14,814
34,430
49,244
At 30 September 2024
14,814
35,220
50,034
At 1 October 2023
9,011
24,997
34,008
Charge for the year
3,443
5,594
9,037
At 30 September 2024
12,454
30,591
43,045
At 30 September 2024
2,360
4,629
6,989
At 30 September 2023
5,803
9,433
15,236
Fiasco Design Ltd
Notes to the Accounts
for the year ended 30 September 2024
Amounts falling due within one year
Trade debtors
116,376
107,892
Amounts falling due after more than one year
Amounts due from group undertakings etc.
-
64,875
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
39,509
Trade creditors
84,594
60,725
Taxes and social security
13,909
5,357
Loans from directors
(1,871)
16,996
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
26,531
5,500
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director 2
-
1,000
1,000
-
Director 1
-
1,000
1,000
-
There are overdrawn Directors loans of £2000 at year end - this has been repaid by Director 1 in December 2024 and Director 2 in March 2025
9
Average number of employees
During the year the average number of employees was 15 (2023: 15).