Registered number
10429768
MALIN LINDHOLM DESIGN LTD
Amended Filleted Accounts
31 October 2024
MALIN LINDHOLM DESIGN LTD
Registered number: 10429768
Balance Sheet
as at 31 October 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 5,406 3,155
Current assets
Cash at bank and in hand 54,307 79,673
Creditors: amounts falling due within one year 4 (1,080) (427)
Net current assets 53,227 79,246
Net assets 58,633 82,401
Capital and reserves
Called up share capital 1 1
Profit and loss account 58,632 82,400
Shareholder's funds 58,633 82,401
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Malin Lindholm
Director
Approved by the board on 8 July 2025
MALIN LINDHOLM DESIGN LTD
Notes to the Accounts
for the year ended 31 October 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Equipment 25% reducing balance
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
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.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Equipment
£
Cost
At 1 November 2023 8,473
Additions 4,053
At 31 October 2024 12,526
Depreciation
At 1 November 2023 5,318
Charge for the year 1,802
At 31 October 2024 7,120
Net book value
At 31 October 2024 5,406
At 31 October 2023 3,155
4 Creditors: amounts falling due within one year 2024 2023
£ £
Taxation and social security costs (112) (1,428)
Ditrector's Loan Account 42 532
Other creditors 1,150 1,323
1,080 427
5 Other information
MALIN LINDHOLM DESIGN LTD is a private company limited by shares and incorporated in England. Its registered office is:
69 Loughborough Road
West Bridgford
Nottingham
NG2 7LA
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