Andrew Lang Product Design Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 04904132

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		4,414		5,818

			4,414		5,818
CURRENT ASSETS
Stocks	6	15,744		22,862
Debtors	7	19,160		26,734
Cash at bank and in hand		130,779		139,132

		165,683		188,728
Creditors: Amounts Falling Due Within One Year	8	(144,289 )		(151,095 )

NET CURRENT ASSETS (LIABILITIES)			21,394		37,633

TOTAL ASSETS LESS CURRENT LIABILITIES			25,808		43,451

Creditors: Amounts Falling Due After More Than One Year	9		(4,164 )		(14,302 )

NET ASSETS			21,644		29,149

CAPITAL AND RESERVES
Called up share capital	11		100		100
Profit and Loss Account			21,544		29,049

SHAREHOLDERS' FUNDS			21,644		29,149

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Andrew Lang Product Design Limited

Balance Sheet (continued)

As At 31 December 2024

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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Andrew Lang

Director

29 September 2025

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Andrew Lang Product Design Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04904132 . The registered office is Suite C, 4-6 Canfield Place, London, NW6 3BT.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity. Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Website 25% straightline

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% reducing balance
Fixtures & Fittings	25% reducing balance
Computer Equipment	25% reducing balance

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Andrew Lang Product Design Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.

2.7. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.8. Employee Benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock of fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2.9. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2023: 2)

4. Intangible Assets

	Other
	£
Cost
As at 1 January 2024	31,742

As at 31 December 2024	31,742

Amortisation
As at 1 January 2024	31,742

As at 31 December 2024	31,742

Net Book Value
As at 31 December 2024	-

As at 1 January 2024	-

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Andrew Lang Product Design Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

5. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 January 2024	54,302	35,243	3,145	92,690

As at 31 December 2024	54,302	35,243	3,145	92,690

Depreciation
As at 1 January 2024	52,258	32,425	2,189	86,872
Provided during the period	504	684	216	1,404

As at 31 December 2024	52,762	33,109	2,405	88,276

Net Book Value
As at 31 December 2024	1,540	2,134	740	4,414

As at 1 January 2024	2,044	2,818	956	5,818

6. Stocks

	2024	2023
	£	£
Finished goods	15,744	22,862

7. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	-	7,261
Amounts owed by participating interests	5,205	5,023
Other debtors	13,955	14,450

	19,160	26,734

8. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	2,376	7,079
Bank loans and overdrafts	17,247	15,894
Other loans	3,380	3,380
Other creditors	121,286	122,780
Taxation and social security	-	1,962

	144,289	151,095

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Andrew Lang Product Design Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

9. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loans	4,164	14,302

10. Loans

An analysis of the maturity of loans is given below:

	2024	2023
	£	£
Amounts falling due within one year or on demand:
Bank loans	10,648	10,648
Other loans	3,380	3,380

	14,028	14,028

	2024	2023
	£	£
Amounts falling due between one and five years:
Bank loans	4,164	14,302

11. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

12. Related Party Disclosures

During the year, the company charged managment fees and sold goods to Cycloc LLC. Cycloc LLC is a 100% wholly own subsidary of the company.

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