REGISTERED NUMBER: SC228254 (Scotland)

Financial Statements

for the Year Ended 31 December 2024

for

4c Design Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R Smith

W I Mitchell

REGISTERED OFFICE:

Rankine House, Unit 13

Port Dundas Business Park

100 Borron Street

Glasgow

G4 9XG

REGISTERED NUMBER:

SC228254 (Scotland)

ACCOUNTANTS:

KAL Accountants

Chartered Certified Accountants

3 Baird Gardens

Blantyre

Glasgow

G72 0WT

FIXED ASSETS

Tangible assets

4

27,118

24,675

27,118

24,675

CURRENT ASSETS

Stocks

5

14,000

14,000

Debtors

6

25,019

65,197

Cash at bank

115,552

86,890

154,571

166,087

CREDITORS

Amounts falling due within one year

7

108,786

105,631

NET CURRENT ASSETS

45,785

60,456

TOTAL ASSETS LESS CURRENT LIABILITIES

72,903

85,131

CAPITAL AND RESERVES

Called up share capital

70

70

Share premium

55,073

55,073

Capital redemption reserve

19

19

Retained earnings

17,741

29,969

SHAREHOLDERS' FUNDS

72,903

85,131

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.

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 8 September 2025 and were signed on its behalf by:

W I Mitchell - Director

1.	STATUTORY INFORMATION

4c Design Ltd 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.

Plant and machinery

-

25% on cost and 10% on cost

Fixtures and fittings

-

10% on reducing balance

Computer equipment

-

33% 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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 6 (2023 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2024

106,111

5,644

68,405

180,160

Additions

-

1,610

833

2,443

At 31 December 2024

106,111

7,254

69,238

182,603

DEPRECIATION

At 1 January 2024

and 31 December 2024

95,801

3,745

55,939

155,485

NET BOOK VALUE

At 31 December 2024

10,310

3,509

13,299

27,118

At 31 December 2023

10,310

1,899

12,466

24,675

5.

STOCKS

31.12.24

31.12.23

£

£

Work-in-progress

14,000

14,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

13,500

53,678

Other debtors

5,740

5,740

Prepayments and accrued income

5,779

5,779

25,019

65,197

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

9,637

12,716

Social security and other taxes

24,507

12,768

VAT

23,652

29,509

Credit cards

14,957

9,071

Bounceback loan

27,083

32,617

Share scheme savings

8,950

8,950

108,786

105,631

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

£

Bank loans are secured by a bond and floating charge over the assets of the company together with personal guarantees made by the directors of the company.