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REGISTERED NUMBER: 03477210 (England and Wales)
















Financial Statements for the Period 1 April 2023 to 30 June 2024

for

Sight Designs Ltd.

Sight Designs Ltd. (Registered number: 03477210)






Contents of the Financial Statements
for the Period 1 April 2023 to 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Sight Designs Ltd.

Company Information
for the Period 1 April 2023 to 30 June 2024







DIRECTOR: B M Harper





SECRETARY: B M Harper





REGISTERED OFFICE: Wunderground
253 West Malvern Road
Malvern
Worcestershire
WR14 4BE





REGISTERED NUMBER: 03477210 (England and Wales)





ACCOUNTANTS: Boyds Accountants
Britannia Court
5 Moor Street
Worcester
Worcestershire
WR1 3DB

Sight Designs Ltd. (Registered number: 03477210)

Balance Sheet
30 June 2024

30.6.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1 1

CURRENT ASSETS
Stocks 5 19,600 19,700
Debtors 6 20,549 15,790
Cash at bank 15,147 216
55,296 35,706
CREDITORS
Amounts falling due within one year 7 133,342 113,782
NET CURRENT LIABILITIES (78,046 ) (78,076 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(78,045

)

(78,075

)

CAPITAL AND RESERVES
Called up share capital 8 10 2
Retained earnings 9 (78,055 ) (78,077 )
SHAREHOLDERS' FUNDS (78,045 ) (78,075 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the director and authorised for issue on 26 June 2025 and were signed by:





B M Harper - Director


Sight Designs Ltd. (Registered number: 03477210)

Notes to the Financial Statements
for the Period 1 April 2023 to 30 June 2024

1. STATUTORY INFORMATION

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

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2023 - NIL).

Sight Designs Ltd. (Registered number: 03477210)

Notes to the Financial Statements - continued
for the Period 1 April 2023 to 30 June 2024

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 April 2023
and 30 June 2024 1,403
DEPRECIATION
At 1 April 2023
and 30 June 2024 1,402
NET BOOK VALUE
At 30 June 2024 1
At 31 March 2023 1

5. STOCKS
30.6.24 31.3.23
£    £   
Stocks 19,600 19,700

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 31.3.23
£    £   
Trade debtors 20,056 14,476
Amounts owed by associates - 761
Taxation and social security 336 336
VAT 138 198
Deferred tax asset 19 19
20,549 15,790

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 31.3.23
£    £   
Bank loans and overdrafts 14,140 17,294
Trade creditors 26,143 17,697
Amounts owed to associates 36,423 20,413
Tax 56 56
Directors' current accounts 55,826 57,642
Accruals and deferred income 754 680
133,342 113,782

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 31.3.23
value: £    £   
10 Ordinary £1 10 2

10 Ordinary shares of £1 were issued during the period for cash of £ 10 .

Sight Designs Ltd. (Registered number: 03477210)

Notes to the Financial Statements - continued
for the Period 1 April 2023 to 30 June 2024

9. RESERVES
Retained
earnings
£   

At 1 April 2023 (78,077 )
Profit for the period 22
At 30 June 2024 (78,055 )

10. ULTIMATE CONTROLLING PARTY

The controlling party is B M Harper.