2023-10-06 2024-10-05 false Capium Accounts Production 1.1 10378377 2023-10-06 2024-10-05 10378377 bus:FullAccounts 2023-10-06 2024-10-05 10378377 bus:FRS102 2023-10-06 2024-10-05 10378377 bus:AuditExemptWithAccountantsReport 2023-10-06 2024-10-05 10378377 bus:SmallCompaniesRegimeForAccounts 2023-10-06 2024-10-05 10378377 bus:PrivateLimitedCompanyLtd 2023-10-06 2024-10-05 10378377 2023-10-06 2024-10-05 10378377 2024-10-05 10378377 bus:RegisteredOffice 2023-10-06 2024-10-05 10378377 core:WithinOneYear 2024-10-05 10378377 core:AfterOneYear 2024-10-05 10378377 1 2023-10-06 2024-10-05 10378377 bus:Director1 2023-10-06 2024-10-05 10378377 bus:Director1 2024-10-05 10378377 bus:Director1 2022-10-06 2023-10-05 10378377 bus:Director2 2023-10-06 2024-10-05 10378377 bus:Director2 2024-10-05 10378377 bus:Director2 2022-10-06 2023-10-05 10378377 2022-10-06 10378377 bus:LeadAgentIfApplicable 2023-10-06 2024-10-05 10378377 2022-10-06 2023-10-05 10378377 2023-10-05 10378377 core:WithinOneYear 2023-10-05 10378377 core:AfterOneYear 2023-10-05 10378377 bus:EntityAccountantsOrAuditors 2022-10-06 2023-10-05 10378377 core:PlantMachinery 2023-10-06 2024-10-05 10378377 core:PlantMachinery 2024-10-05 10378377 core:PlantMachinery 2023-10-05 10378377 core:FurnitureFittings 2023-10-06 2024-10-05 10378377 core:FurnitureFittings 2024-10-05 10378377 core:FurnitureFittings 2023-10-05 10378377 core:ComputerEquipment 2023-10-06 2024-10-05 10378377 core:ComputerEquipment 2024-10-05 10378377 core:ComputerEquipment 2023-10-05 10378377 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-10-05 10378377 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-10-05 10378377 core:IntangibleAssetsOtherThanGoodwill 2023-10-06 2024-10-05 10378377 core:IntangibleAssetsOtherThanGoodwill 2024-10-05 10378377 core:IntangibleAssetsOtherThanGoodwill 2023-10-05 10378377 core:CostValuation core:Non-currentFinancialInstruments 2024-10-05 10378377 core:CostValuation core:Non-currentFinancialInstruments 2023-10-05 10378377 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-10-05 10378377 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-10-05 10378377 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-10-05 10378377 core:Non-currentFinancialInstruments 2024-10-05 10378377 core:Non-currentFinancialInstruments 2023-10-05 10378377 core:ShareCapital 2024-10-05 10378377 core:ShareCapital 2023-10-05 10378377 core:RetainedEarningsAccumulatedLosses 2024-10-05 10378377 core:RetainedEarningsAccumulatedLosses 2023-10-05 10378377 dpl:Item1 2023-10-06 10378377 dpl:Item1 2024-10-05 10378377 dpl:Item1 2022-10-06 10378377 dpl:Item1 2023-10-05 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 10378377
England and Wales

 

 

 

THEON DESIGN LIMITED



Unaudited Financial Statements
 


Period of accounts

Start date: 06 October 2023

End date: 05 October 2024

Theon Design Limited
Contents Page
For the year ended 05 October 2024
Directors Adam Hawley
Lucinda Hawley
Registered Number 10378377
Registered Office The Grey Barn
Clifton Road
Deddington
Oxfordshire
OX15 0TP
Accountants Cypher
Monkswell
Little Baldon
Oxford
OX44 9PU
1
 
 		 Notes
 		 2024
£		   2023
£
Fixed assets      
Tangible fixed assets 4 17,045    32,285 
17,045    32,285 
Current assets      
Stocks 5 476,202    228,315 
Debtors 6 75,547    269,440 
Cash at bank and in hand 47,077    5,540 
598,826    503,295 
Creditors: amount falling due within one year 7 (193,043)   (205,391)
Net current assets 405,783    297,904 
 
Total assets less current liabilities 422,828    330,189 
Creditors: amount falling due after more than one year 8 (7,035)   (17,375)
Accruals and deferred income (399,423)   (270,003)
Provisions for liabilities 9 (1,470)   - 
Net assets 14,900    42,811 
 

Capital and reserves 		     
Called up share capital 2    2 
Profit and loss account 14,898    42,809 
Shareholders' funds 14,900    42,811 
 


For the year ended 05 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.
The financial statements were approved by the board of directors on 02 October 2025 and were signed on its behalf by:


-------------------------------
Adam Hawley
Director
2
General Information
Theon Design Limited is a private company, limited by shares, registered in England and Wales, registration number 10378377, registration address The Grey Barn, Clifton Road, Deddington, Oxfordshire, OX15 0TP.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Development expenditures
Research and development expenditure is charged to the income statement in the period in which it is incurred. However, where the directors are satisfied as to the technical, commercial and financial viability of individual projects, development expenditure is deferred and amortised over years during which the company is expected to benefit.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery 5 Years Straight Line
Fixtures and Fittings 3 Years Straight Line
Computer Equipment 3 Years Straight Line
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Average number of employees

Average number of employees during the year was 6 (2023 : 6).
3.

Intangible fixed assets

Cost Research and Development   Total
  £   £
At 06 October 2023 32,106    32,106 
Additions -    - 
Disposals -    - 
At 05 October 2024 32,106    32,106 
Amortisation
At 06 October 2023 32,106    32,106 
Charge for year -    - 
On disposals -    - 
At 05 October 2024 32,106    32,106 
Net book values
At 05 October 2024 -    - 
At 05 October 2023 -    - 


4.

Tangible fixed assets

Cost or valuation Plant and Machinery   Fixtures and Fittings   Computer Equipment   Total
  £   £   £   £
At 06 October 2023 103,862    8,080    1,892    113,834 
Additions -    5,600    955    6,555 
Disposals -    -    -    - 
At 05 October 2024 103,862    13,680    2,847    120,389 
Depreciation
At 06 October 2023 75,119    4,537    1,892    81,548 
Charge for year 17,916    3,562    318    21,796 
On disposals -    -    -    - 
At 05 October 2024 93,035    8,099    2,210    103,344 
Net book values
Closing balance as at 05 October 2024 10,827    5,581    637    17,045 
Opening balance as at 06 October 2023 28,742    3,543    -    32,285 


5.

Stocks

2024
£		   2023
£
Work in Progress 278,202    106,315 
Stocks 198,000    122,000 
476,202    228,315 

6.

Debtors: amounts falling due within one year

2024
£		   2023
£
Trade Debtors -    254,182 
Prepayments & Accrued Income 10,449    12,258 
Other Debtors 3,000    3,000 
Directors' Current Accounts 62,098    - 
75,547    269,440 

7.

Creditors: amount falling due within one year

2024
£		   2023
£
Trade Creditors 77,279    76,465 
Bank Loans & Overdrafts 10,340    10,085 
Corporation Tax 19,614    29,838 
PAYE & Social Security 21,465    7,981 
Accrued Expenses 18,090    18,418 
Directors' Current Accounts -    944 
VAT 46,255    61,660 
193,043    205,391 

8.

Creditors: amount falling due after more than one year

2024
£		   2023
£
Bank Loans & Overdrafts 7,035    17,375 
7,035    17,375 

9.

Provisions for liabilities

2024
£		   2023
£
Pension Provisions 1,470    - 
1,470    - 

10.

Director’s loan

Director's Loan Account

At the year end, the company had an overdrawn balance with its director, John Smith, the balance being £62,097 (2023 - £nil). This was repaid within nine months of the year-end. 
3