1 January 2024 v2025.51.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP044516962024-01-012024-12-31044516962024-12-31044516962023-12-3104451696core:WithinOneYear2024-12-3104451696core:WithinOneYear2023-12-3104451696core:AfterOneYear2023-12-3104451696core:ShareCapital2024-12-3104451696core:ShareCapital2023-12-3104451696core:RetainedEarningsAccumulatedLosses2024-12-3104451696core:RetainedEarningsAccumulatedLosses2023-12-3104451696bus:Director12024-01-012024-12-3104451696bus:Director22024-01-012024-12-3104451696bus:Director32024-01-012024-12-3104451696bus:RegisteredOffice2024-01-012024-12-3104451696core:OfficeEquipment2024-01-012024-12-3104451696core:FurnitureFittings2024-01-012024-12-31044516962023-01-012023-12-3104451696core:PlantMachinery2024-01-0104451696core:PlantMachinery2024-01-012024-12-3104451696core:PlantMachinery2024-12-3104451696core:PlantMachinery2023-12-310445169612024-01-012024-12-3104451696countries:EnglandWales2024-01-012024-12-3104451696bus:AuditExemptWithAccountantsReport2024-01-012024-12-3104451696bus:PrivateLimitedCompanyLtd2024-01-012024-12-3104451696bus:SmallEntities2024-01-012024-12-3104451696bus:FullAccounts2024-01-012024-12-31
Company registration number:
04451696
Toast Design Consultancy Limited
Unaudited Filleted Financial Statements for the year ended
31 December 2024
Toast Design Consultancy Limited
Statement of Financial Position
31 December 2024
20242023
Note££
Fixed assets    
Tangible assets 5
20,255
 
19,121
 
Current assets    
Stocks
6,500
 
6,500
 
Debtors 6
105,925
 
131,511
 
Cash at bank and in hand
303,284
 
271,813
 
415,709
 
409,824
 
Creditors: amounts falling due within one year 7
(166,722
)
(164,769
)
Net current assets
248,987
 
245,055
 
Total assets less current liabilities 269,242   264,176  
Creditors: amounts falling due after more than one year 8 -  
(6,599
)
Net assets
269,242
 
257,577
 
Capital and reserves    
Called up share capital
300
 
300
 
Profit and loss account
268,942
 
257,277
 
Shareholders funds
269,242
 
257,577
 
For the year ending
31 December 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
11 August 2025
, and are signed on behalf of the board by:
Mr D Foreman
Mr M Williams
Mr C Tymon
DirectorDirectorDirector
Company registration number:
04451696
Toast Design Consultancy Limited
Notes to the Financial Statements
Year ended
31 December 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
16 North Bar
,
Banbury
,
Oxon
,
OX16 0TF
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Office equipment
33% Reducing balance
Fixtures and fittings
20% Reducing balance

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4 Average number of employees

The average number of persons employed by the company during the year was
18
(2023:
17.00
).

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 January 2024
123,608
 
Additions
11,010
 
At
31 December 2024
134,618
 
Depreciation  
At
1 January 2024
104,487
 
Charge
9,876
 
At
31 December 2024
114,363
 
Carrying amount  
At
31 December 2024
20,255
 
At 31 December 2023
19,121
 

6 Debtors

20242023
££
Trade debtors
53,844
 
82,902
 
Other debtors
52,081
 
48,609
 
105,925
 
131,511
 

7 Creditors: amounts falling due within one year

20242023
££
Bank loans and overdrafts
7,083
 
5,484
 
Trade creditors
1,571
 
1,175
 
Taxation and social security
108,334
 
102,704
 
Other creditors
49,734
 
55,406
 
166,722
 
164,769
 

8 Creditors: amounts falling due after more than one year

20242023
££
Bank loans and overdrafts -  
6,599