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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
Page
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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
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Fiasco Design Ltd Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,989 
15,236 
Current assets
Debtors
116,376 
172,999 
Cash at bank and in hand
17,237 
- 
133,613 
172,999 
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)
Net assets
377 
4,614 
Capital and reserves
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
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Fiasco Design Ltd Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
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.
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.
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:
Plant & machinery
25
Fixtures & fittings
25
Computer equipment
25
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 
Additions
- 
790 
790 
At 30 September 2024
14,814 
35,220 
50,034 
Depreciation
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 
Net book value
At 30 September 2024
2,360 
4,629 
6,989 
At 30 September 2023
5,803 
9,433 
15,236 
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Fiasco Design Ltd Notes to the Accounts for the year ended 30 September 2024
5
Debtors
2024 
2023 
£ 
£ 
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 
Other debtors
- 
232 
- 
65,107 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
39,509 
VAT
17,062 
14,223 
Trade creditors
84,594 
60,725 
Taxes and social security
13,909 
5,357 
Loans from directors
(1,871)
16,996 
113,694 
136,810 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
- 
41,311 
Other creditors
26,531 
5,500 
26,531 
46,811 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Director 2
- 
1,000 
1,000 
- 
Director 1
- 
1,000 
1,000 
- 
- 
2,000 
2,000 
- 
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).
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