Dartington Service Design Lab Limited

Contents

Statement of Financial Position	1 to 2
Notes to the Financial Statements	3 to 8

Dartington Service Design Lab Limited

(Registration number: 12613600)
Statement of Financial Position as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	10,236	10,619
Current assets
Debtors	6	476,108	562,589
Cash at bank and in hand		152,840	240,800
		628,948	803,389
Creditors: Amounts falling due within one year	7	(636,243)	(416,719)
Net current (liabilities)/assets		(7,295)	386,670
Total assets less current liabilities		2,941	397,289
Creditors: Amounts falling due after more than one year	7	(219,145)	(551,528)
Provisions for liabilities		(1,944)	(2,018)
Net liabilities		(218,148)	(156,257)
Capital and reserves
Called up share capital		1	1
Profit and loss account		(218,149)	(156,258)
Shareholders' deficit		(218,148)	(156,257)

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Statement of Comprehensive Income.

Approved and authorised by the Board on 18 September 2025 and signed on its behalf by:
 

Dartington Service Design Lab Limited

(Registration number: 12613600)
Statement of Financial Position as at 31 March 2025 (continued)

R M Dobson Director

Dartington Service Design Lab Limited

Notes to the Financial Statements for the Year Ended 31 March 2025

1	General information

Dartington Service Design Limited is a private company limited registered in England and Wales by a single share wholly owned by the Warren House Group at Dartington, (No.04610839), a charity registered in England and Wales (No.1099202) and (No.SC049621). The company's registered office address can be found on the Company information page.

Principal activity

The principal activity of the company is research and experimental development on social sciences and humanities.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Basis of preparation

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.

The financial statements are prepared in sterling which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,value added tax and other sales taxes.

Services contracts are recognised based on the stage of completion, which is measured by the amount of staff hours put against the contract.

Grants, donations and investment income are recognised when receivable,where such amounts have terms or conditions which must be met for specific activities, the relevant income is not recognised in the year but deferred and shown on the balance sheet within current liabilities.

Dartington Service Design Lab Limited

Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)

2	Accounting policies (continued)

Audit report

The Independent Auditor's Report was unqualified. The name of the Senior Statutory Auditor who signed the audit report on 24 September 2025 was Adam Croney ACA, who signed for and on behalf of Westcotts (SW) LLP of Plym House, 3 Longbridge Road, Plymouth, Devon, United Kingdom, PL6 8LT.

.........................................

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Fixed assets held at cost but are only capitalised when the value exceeds £1,000. The company applies a short life policy of 3 years straight line.

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant & Machinery	33% Straight line

Taxation
Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rated 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 between taxable profits and profits reported in the financial statements.

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 the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Dartington Service Design Lab Limited

Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)

2	Accounting policies (continued)

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.

Going concern

The financial statements have been prepared on a going concern basis due to obtaining a letter of support from the parent company, Warren House Group At Dartington.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 20 (2024 - 21).

4	Loss before tax

Arrived at after charging/(crediting)

	2025 £	2024 £
Depreciation expense	10,624	11,716

Dartington Service Design Lab Limited

Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)

5	Tangible assets

	Plant and machinery £	Total £
Cost or valuation
At 1 April 2024	36,251	36,251
Additions	11,160	11,160
Disposals	(18,710)	(18,710)
At 31 March 2025	28,701	28,701
Depreciation
At 1 April 2024	25,632	25,632
Charge for the year	10,624	10,624
Eliminated on disposal	(17,791)	(17,791)
At 31 March 2025	18,465	18,465
Carrying amount
At 31 March 2025	10,236	10,236
At 31 March 2024	10,619	10,619

6

Debtors

	2025 £	2024 £
Trade debtors	249,048	238,824
Other debtors	-	23,881
Prepayments	4,194	2,511
Accrued income	222,866	297,373
	476,108	562,589

Dartington Service Design Lab Limited

Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Loans and borrowings	360,000	120,044
Trade creditors	26,445	23,550
Amounts owed to group undertakings and undertakings in which the company has a participating interest	52,205	145,902
Taxation and social security	21,784	20,783
Accruals and deferred income	172,428	103,299
Other creditors	3,381	3,141
	636,243	416,719

Creditors: amounts falling due after more than one year

	2025 £	2024 £
Due after one year
Loans and borrowings	219,145	551,528

8	Secured debts

The following secured debts are included within the creditors:

	2025 £	2024 £
Warren House Group Dartington	579,145	671,572

Loans are secured by a fixed and floating charge over the company's assets.