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REGISTERED NUMBER: 04120093 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31st December 2024

for

Designbit Limited
Trading as
Roach Bridge Tissues

Designbit Limited (Registered number: 04120093)
Trading as Roach Bridge Tissues

Contents of the Financial Statements
for the Year Ended 31st December 2024










Page

Company Information 1

Income Statement 2

Balance Sheet 3

Notes to the Financial Statements 5


Designbit Limited
Trading as Roach Bridge Tissues

Company Information
for the Year Ended 31st December 2024







DIRECTORS: Mr CWG Hadcock
Mrs CJ Hadcock



SECRETARY: Mrs CJ Hadcock



REGISTERED OFFICE: Roach Bridge Mill
Roach Road
Samlesbury
Preston
Lancashire
PR5 0UB



REGISTERED NUMBER: 04120093 (England and Wales)



ACCOUNTANTS: Towers + Gornall Ltd
Chartered Certified Accountants
River View
96 High Street
Garstang
Preston
Lancashire
PR3 1WZ



BANKERS: Barclays plc
PO Box 229
Navigation Way
Preston
Lancashire
PR1 3JJ



SOLICITORS: Hill Dickinson
50 Fountain Street
Manchester
M2 2AS

Designbit Limited (Registered number: 04120093)
Trading as Roach Bridge Tissues

Income Statement
for the Year Ended 31st December 2024

2024 2023
Notes £    £   

REVENUE 904,637 842,299

Cost of sales 656,842 625,570
GROSS PROFIT 247,795 216,729

Administrative expenses 228,502 159,621
19,293 57,108

Other operating income 5,000 5,000
OPERATING PROFIT 4 24,293 62,108

Interest receivable and similar income 18,378 71
42,671 62,179

Interest payable and similar expenses 1,213 1,457
PROFIT BEFORE TAXATION 41,458 60,722

Tax on profit 17,799 2,938
PROFIT FOR THE FINANCIAL YEAR 23,659 57,784

Designbit Limited (Registered number: 04120093)
Trading as Roach Bridge Tissues

Balance Sheet
31st December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 5 87,171 69,233

CURRENT ASSETS
Inventories 223,813 295,335
Debtors 6 617,376 558,771
Cash at bank and in hand 84,837 77,454
926,026 931,560
CREDITORS
Amounts falling due within one year 7 69,490 73,657
NET CURRENT ASSETS 856,536 857,903
TOTAL ASSETS LESS CURRENT
LIABILITIES

943,707

927,136

CREDITORS
Amounts falling due after more than one
year

8

(28,328

)

(38,567

)

PROVISIONS FOR LIABILITIES (15,785 ) (2,284 )
NET ASSETS 899,594 886,285

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Retained earnings 889,594 876,285
SHAREHOLDERS' FUNDS 899,594 886,285

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Designbit Limited (Registered number: 04120093)
Trading as Roach Bridge Tissues

Balance Sheet - continued
31st December 2024


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

The financial statements were approved by the Board of Directors and authorised for issue on 28th August 2025 and were signed on its behalf by:




Mr CWG Hadcock - Director



Mrs CJ Hadcock - Director


Designbit Limited (Registered number: 04120093)
Trading as Roach Bridge Tissues

Notes to the Financial Statements
for the Year Ended 31st December 2024


1. STATUTORY INFORMATION

Designbit 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
Revenue 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 etc - 25% on cost and 20% on reducing balance

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

Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Taxation
Taxation for the year 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 year 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 12 ) .

Designbit Limited (Registered number: 04120093)
Trading as Roach Bridge Tissues

Notes to the Financial Statements - continued
for the Year Ended 31st December 2024


4. OPERATING PROFIT

The operating profit is stated after charging:

2024 2023
£    £   
Depreciation - owned assets 22,468 17,816

5. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1st January 2024 422,636
Additions 40,406
At 31st December 2024 463,042
DEPRECIATION
At 1st January 2024 353,403
Charge for year 22,468
At 31st December 2024 375,871
NET BOOK VALUE
At 31st December 2024 87,171
At 31st December 2023 69,233

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 182,758 148,204
Other debtors 428,557 402,097
Directors' current accounts - 3,602
Prepayments 6,061 4,868
617,376 558,771

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 9,569 23,303
Corporation tax 4,298 10,575
Social security and other taxes 8,065 6,812
VAT 34,236 27,930
Other creditors - 2,993
Directors' current accounts 10,350 -
Accruals and deferred income 2,972 2,044
69,490 73,657

Designbit Limited (Registered number: 04120093)
Trading as Roach Bridge Tissues

Notes to the Financial Statements - continued
for the Year Ended 31st December 2024


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other loans 14,000 22,000
Hire purchase contracts 14,328 16,567
28,328 38,567

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st December 2024 and 31st December 2023:

2024 2023
£    £   
**UNKNOWN DIRECTOR 1**
Balance outstanding at start of year 3,601 -
Amounts advanced - 3,601
Amounts repaid (3,601 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 3,601

10. RELATED PARTY DISCLOSURES

Included within other debtors is a loan of £388,657 (with interest accrued at 1% per annum) to Mill Court (Roach Bridge) Limited a company under the control of Mr & Mrs Hadcock and a loan of £39,900 to Edenbrace Limited a company which Mr & Mrs Hadcock have a 50% shareholding.