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REGISTERED NUMBER: 03614416 (England and Wales)















INLINE DESIGN LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 31 JULY 2023 TO 31 OCTOBER 2024






INLINE DESIGN LIMITED (REGISTERED NUMBER: 03614416)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 31 JULY 2023 TO 31 OCTOBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


INLINE DESIGN LIMITED

COMPANY INFORMATION
FOR THE PERIOD 31 JULY 2023 TO 31 OCTOBER 2024







DIRECTOR: Mr R J E Whiting





REGISTERED OFFICE: Durham House, Waterside Court
Neptune Close
Medway City Estate
Rochester
Kent
ME2 4NZ





REGISTERED NUMBER: 03614416 (England and Wales)





ACCOUNTANTS: Spurling Cannon
King Arthur's Court
Maidstone Road
Charing
Kent
TN27 0JS

INLINE DESIGN LIMITED (REGISTERED NUMBER: 03614416)

BALANCE SHEET
31 OCTOBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 29,922 30,283

CURRENT ASSETS
Stocks 5 621,175 454,585
Debtors 6 420,571 565,697
Cash at bank 1,108,501 1,636,596
2,150,247 2,656,878
CREDITORS
Amounts falling due within one year 7 952,976 1,576,780
NET CURRENT ASSETS 1,197,271 1,080,098
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,227,193

1,110,381

CREDITORS
Amounts falling due after more than one
year

8

(38,384

)

(145,461

)

PROVISIONS FOR LIABILITIES (2,428 ) (2,428 )
NET ASSETS 1,186,381 962,492

CAPITAL AND RESERVES
Called up share capital 111 100
Retained earnings 1,186,270 962,392
SHAREHOLDERS' FUNDS 1,186,381 962,492

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 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.

INLINE DESIGN LIMITED (REGISTERED NUMBER: 03614416)

BALANCE SHEET - continued
31 OCTOBER 2024


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 24 July 2025 and were signed by:





Mr R J E Whiting - Director


INLINE DESIGN LIMITED (REGISTERED NUMBER: 03614416)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 31 JULY 2023 TO 31 OCTOBER 2024

1. STATUTORY INFORMATION

Inline Design Limited 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.
Plant and machinery - 25% on cost
Motor vehicles - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

INLINE DESIGN LIMITED (REGISTERED NUMBER: 03614416)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 31 JULY 2023 TO 31 OCTOBER 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 6 (2023 - 10 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 31 July 2023 75,794 178,318 254,112
Additions 7,871 8,708 16,579
At 31 October 2024 83,665 187,026 270,691
DEPRECIATION
At 31 July 2023 68,848 154,981 223,829
Charge for period 6,926 10,014 16,940
At 31 October 2024 75,774 164,995 240,769
NET BOOK VALUE
At 31 October 2024 7,891 22,031 29,922
At 30 July 2023 6,946 23,337 30,283

5. STOCKS
2024 2023
£    £   
Work-in-progress 621,175 454,585

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 401,039 417,090
Sundry debtors 17,232 15,221
VAT - 120,474
Prepayments and accrued income 2,300 12,912
420,571 565,697

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 96,223 78,248
Hire purchase contracts 4,582 8,441
Trade creditors 324,802 1,124,568
Corporation Tax 196,196 122,092
Social security and other taxes 29,655 77,931
VAT 24,096 -
Directors' current accounts 5,272 -
Accrued expenses 164,150 57,500
Onerous contract 108,000 108,000
952,976 1,576,780

INLINE DESIGN LIMITED (REGISTERED NUMBER: 03614416)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 31 JULY 2023 TO 31 OCTOBER 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 38,384 144,419
Hire purchase contracts - 1,042
38,384 145,461