REGISTERED NUMBER: SC258892 (Scotland)

Report of the Director and

Unaudited Financial Statements for the Year Ended 31 December 2024

for

The Design Room (Scotland) Limited

Page

Company Information

1

Report of the Director

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTOR:

L Clarke

REGISTERED OFFICE:

Archballoch Business Centre

Alford

Aberdeenshire

AB33 8HP

REGISTERED NUMBER:

SC258892 (Scotland)

ACCOUNTANTS:

MacDonald Accountancy Services

11 Margaret Street

Stonehaven

Aberdeenshire

AB39 2AY

The director presents her report with the financial statements of the company for the year ended 31 December 2024.

DIRECTOR

L Clarke held office during the whole of the period from 1 January 2024 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

L Clarke - Director

4 September 2025

TURNOVER

45,182

38,843

Cost of sales

4,882

5,505

GROSS PROFIT

40,300

33,338

Administrative expenses

28,392

24,113

OPERATING PROFIT

4

11,908

9,225

Interest payable and similar expenses

832

1,235

PROFIT BEFORE TAXATION

11,076

7,990

Tax on profit

2,343

1,642

PROFIT FOR THE FINANCIAL YEAR

8,733

6,348

FIXED ASSETS

Tangible assets

5

629

838

CURRENT ASSETS

Stocks

-

1,730

Debtors

6

12,358

6,685

12,358

8,415

CREDITORS

Amounts falling due within one year

7

17,015

15,864

NET CURRENT LIABILITIES

(4,657

)

(7,449

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(4,028

)

(6,611

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(4,030

)

(6,613

)

SHAREHOLDERS' FUNDS

(4,028

)

(6,611

)

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

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

The director acknowledges her 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.

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

The financial statements were approved by the director and authorised for issue on 4 September 2025 and were signed by:

L Clarke - Director

1.	STATUTORY INFORMATION

The Design Room (Scotland) Limited is a private company, limited by shares , registered in Scotland. 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.

Computer equipment

-

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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 1 ).

4.	OPERATING PROFIT

The operating profit is stated after charging:

31.12.24

31.12.23

£

£

Depreciation - owned assets

209

280

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2024

and 31 December 2024

19,888

DEPRECIATION

At 1 January 2024

19,050

Charge for year

209

At 31 December 2024

19,259

NET BOOK VALUE

At 31 December 2024

629

At 31 December 2023

838

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Other debtors

12,358

6,685

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

5,304

11,356

Taxation and social security

2,343

1,642

Other creditors

9,368

2,866

17,015

15,864