REGISTERED NUMBER: 02786175 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Facilities Design Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N Purkis

G J Purkis

REGISTERED OFFICE:

44 Fordwich Rise

Hertford

Hertfordshire

SG14 2BL

REGISTERED NUMBER:

02786175 (England and Wales)

ACCOUNTANTS:

Chaves LLP

Belfry House

Bell Lane

Hertford

Hertfordshire

SG14 1BP

FIXED ASSETS

Investment property

4

330,000

310,000

CURRENT ASSETS

Cash at bank

24,220

22,182

CREDITORS

Amounts falling due within one year

9,715

12,330

NET CURRENT ASSETS

14,505

9,852

TOTAL ASSETS LESS CURRENT LIABILITIES

344,505

319,852

PROVISIONS FOR LIABILITIES

5

32,320

28,520

NET ASSETS

312,185

291,332

CAPITAL AND RESERVES

Called up share capital

6

150

150

Retained earnings

312,035

291,182

SHAREHOLDERS' FUNDS

312,185

291,332

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 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.

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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 September 2025 and were signed on its behalf by:

N Purkis - Director

1.	STATUTORY INFORMATION

Facilities 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 2 (2023 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

310,000

Revaluations

20,000

At 31 December 2024

330,000

NET BOOK VALUE

At 31 December 2024

330,000

At 31 December 2023

310,000

Fair value at 31 December 2024 is represented by:

£

Valuation in 2016

125,104

Valuation in 2023

25,000

Valuation in 2024

20,000

Cost

159,896

330,000

If Investment property had not been revalued it would have been included at the following historical cost:

31.12.24

31.12.23

£

£

Cost

159,896

159,896

Investment property was valued on an open market basis on 31 December 2024 by the directors. .

5.	PROVISIONS FOR LIABILITIES

31.12.24

31.12.23

£

£

Deferred tax on investment property revaluation

32,320

28,520

Deferred

tax

£

Balance at 1 January 2024

28,520

Provided during year

3,800

Balance at 31 December 2024

32,320

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

100

Ordinary

£1

100

100

50

A

£1

50

50

150

150