Company Registration No. 02061622 (England and Wales)
System Design Evaluation Limited
Unaudited accounts
for the year ended 31 December 2024
System Design Evaluation Limited
Unaudited accounts
Contents
System Design Evaluation Limited
Company Information
for the year ended 31 December 2024
Directors
Robert Harrison Seddon
Gordon Edward Storey
Company Number
02061622 (England and Wales)
System Design Evaluation Limited
Statement of financial position
as at 31 December 2024
Cash at bank and in hand
68,202
185,917
Creditors: amounts falling due within one year
(163,314)
(96,687)
Net current assets
171,522
290,022
Net assets
175,989
290,022
Profit and loss account
175,889
289,922
Shareholders' funds
175,989
290,022
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 August 2025 and were signed on its behalf by
Gordon Edward Storey
Director
Company Registration No. 02061622
System Design Evaluation Limited
Notes to the Accounts
for the year ended 31 December 2024
System Design Evaluation Limited is a private company, limited by shares, registered in England and Wales, registration number 02061622.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% Straight Line
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Trade debtors
161,562
123,318
Deferred tax asset
44,998
30,477
Accrued income and prepayments
40,074
46,997
System Design Evaluation Limited
Notes to the Accounts
for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
72,557
13,109
Amounts owed to group undertakings and other participating interests
29,427
77,593
Taxes and social security
20,962
12
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Average number of employees
During the year the average number of employees was 0 (2023: 0).