Caseware UK (AP4) 2024.0.164 2024.0.164 2024-07-312024-07-31No description of principal activity2023-08-01false22falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 03587010 2023-08-01 2024-07-31 03587010 2022-08-01 2023-07-31 03587010 2024-07-31 03587010 2023-07-31 03587010 c:CompanySecretary1 2023-08-01 2024-07-31 03587010 c:Director1 2023-08-01 2024-07-31 03587010 c:Director2 2023-08-01 2024-07-31 03587010 c:RegisteredOffice 2023-08-01 2024-07-31 03587010 d:OfficeEquipment 2023-08-01 2024-07-31 03587010 d:OfficeEquipment 2024-07-31 03587010 d:OfficeEquipment 2023-07-31 03587010 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 03587010 d:CurrentFinancialInstruments 2024-07-31 03587010 d:CurrentFinancialInstruments 2023-07-31 03587010 d:Non-currentFinancialInstruments 2024-07-31 03587010 d:Non-currentFinancialInstruments 2023-07-31 03587010 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 03587010 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 03587010 d:Non-currentFinancialInstruments d:AfterOneYear 2024-07-31 03587010 d:Non-currentFinancialInstruments d:AfterOneYear 2023-07-31 03587010 d:ShareCapital 2024-07-31 03587010 d:ShareCapital 2023-07-31 03587010 d:RetainedEarningsAccumulatedLosses 2024-07-31 03587010 d:RetainedEarningsAccumulatedLosses 2023-07-31 03587010 c:FRS102 2023-08-01 2024-07-31 03587010 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 03587010 c:FullAccounts 2023-08-01 2024-07-31 03587010 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 03587010 e:PoundSterling 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure
Company registration number: 03587010







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 JULY 2024


ETCH DESIGN LIMITED






































img30d6.png                        

 


ETCH DESIGN LIMITED
 


 
COMPANY INFORMATION


Directors
D Cumming 
M Cumming 




Company secretary
D Cumming



Registered number
03587010



Registered office
Magna House
18-32 London Road

Staines-Upon-Thames

Surrey

TW18 4BP




Accountants
Menzies LLP
Chartered Accountants

Magna House

18-32 London Road

Staines-Upon-Thames

TW18 4BP





 


ETCH DESIGN LIMITED
 



CONTENTS



Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 5


 


ETCH DESIGN LIMITED
REGISTERED NUMBER:03587010



STATEMENT OF FINANCIAL POSITION
AS AT 31 JULY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
56
74

  
56
74

Current assets
  

Stocks
  
630,000
630,000

Debtors: amounts falling due within one year
 5 
3,018
3,320

Cash at bank and in hand
  
5,666
8,134

  
638,684
641,454

Creditors: amounts falling due within one year
 6 
(234,800)
(234,418)

Net current assets
  
 
 
403,884
 
 
407,036

Total assets less current liabilities
  
403,940
407,110

Creditors: amounts falling due after more than one year
 7 
(511,615)
(511,615)

  

Net liabilities
  
(107,675)
(104,505)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(107,775)
(104,605)

  
(107,675)
(104,505)


Page 1

 


ETCH DESIGN LIMITED
REGISTERED NUMBER:03587010


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JULY 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 21 July 2025.




D Cumming
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 


ETCH DESIGN LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1.


General information

Etch Design Limited is a private company limited by shares incorporated in England and Wales. The address of the principal place of business is 60 Mount View Road, London, N4 4JR.
The financial statements are presented in sterling which is the functional currency of the company and rounded to
the nearest £. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

At the balance sheet date the company had net liabilities of £107,675 (2023: £104,505). 
The directors have confirmed that they will continue to support the company and ensure that liabilities are met as they fall due. The accounts have therefore been prepared on a going concern basis.

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
25% reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.4

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a weighted average basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.
Page 3

 


ETCH DESIGN LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

3.


Employees




The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 August 2023
3,134



At 31 July 2024

3,134



Depreciation


At 1 August 2023
3,060


Charge for the year on owned assets
18



At 31 July 2024

3,078



Net book value



At 31 July 2024
56



At 31 July 2023
74

Page 4

 


ETCH DESIGN LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

5.


Debtors

2024
2023
£
£


Prepayments and accrued income
3,018
3,320

3,018
3,320



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
40

Other creditors
231,950
231,528

Accruals and deferred income
2,850
2,850

234,800
234,418


Included within other creditors are balances due to Directors of £225,610 (2023: £231,528)


7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
511,615
511,615

511,615
511,615


 
Page 5