TABAK DESIGNS LIMITED


Director	TABAK, A V


Registered Address	2 Inver Court
	Inverness Terrace
	London
	W2 6JB


Registered Number	00519990 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	3		-		240
			-		240
Current assets
Debtors		1,850		3,656
Cash at bank and on hand		238,902		283,347
		240,752		287,003
Creditors amounts falling due within one year	4	(1,212)		(2,362)
Net current assets (liabilities)			239,540		284,641
Total assets less current liabilities			239,540		284,881
Net assets			239,540		284,881
Capital and reserves
Called up share capital			100		100
Profit and loss account			239,440		284,781
Shareholders' funds			239,540		284,881

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 20 June 2025, and are signed on its behalf by:

TABAK, A V
Director
Registered Company No. 00519990

TABAK DESIGNS LIMITED

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from rendering of services
	Revenue 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows: 25% straight line


		Straight line (years)
	Office Equipment	4

2.	Average number of employees


		2024		2023
	Average number of employees during the year	1		1

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 January 24	88,297	88,297
At 31 December 24	88,297	88,297
Depreciation and impairment
At 01 January 24	88,057	88,057
Charge for year	240	240
At 31 December 24	88,297	88,297
Net book value
At 31 December 24	-	-
At 31 December 23	240	240

4.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	98	96
Taxation and social security	-	1,156
Other creditors	84	81
Accrued liabilities and deferred income	1,030	1,029
Total	1,212	2,362


	Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are recognised initially at the transaction price.

5.	Related party transactions
	Transactions with the director A V Tabak At 1 January 2024 £204 Advances £74 Repayments by director (£281) At 31 December 2024 (£3) Prior year At 1 January 2023 £Nil Advances £238 Repayments by director (£34) At 31 December 2023 £204