Straight Line Design Ltd

	Page
Statement of Financial Position	1
Notes to the Financial Statements	2—4

Registered number: 12002138

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		29,848		22,597

			29,848		22,597
CURRENT ASSETS
Debtors	6	16,764		1,988
Cash at bank and in hand		12,362		23,191

		29,126		25,179
Creditors: Amounts Falling Due Within One Year	7	(25,902 )		(23,727 )

NET CURRENT ASSETS (LIABILITIES)			3,224		1,452

TOTAL ASSETS LESS CURRENT LIABILITIES			33,072		24,049

Creditors: Amounts Falling Due After More Than One Year	8		(9,442 )		(9,200 )

NET ASSETS			23,630		14,849

CAPITAL AND RESERVES
Called up share capital	10		100		100
Income Statement			23,530		14,749

SHAREHOLDERS' FUNDS			23,630		14,849

For the year ending 31 May 2025 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 Income Statement.

On behalf of the board

Mr Jonathan Williams

Director

08/10/2025

The notes on pages 2 to 4 form part of these financial statements.

1. General Information

Straight Line Design Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12002138 . The registered office is 4 Pentland Gardens, Hereford, HR4 0TJ.

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

Other intangible assets are .... It is amortised to income statement over its estimated economic life of 5 years.

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

33%/20%/25% Reducing Balance

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the income statement so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to income statement as incurred.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

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Straight Line Design Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2025

4. Intangible Assets

	Other
	£
Cost
As at 1 June 2024	5,850

As at 31 May 2025	5,850

Amortisation
As at 1 June 2024	5,850

As at 31 May 2025	5,850

Net Book Value
As at 31 May 2025	-

As at 1 June 2024	-

5. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 June 2024	56,882
Additions	77,492
Disposals	(86,392 )

As at 31 May 2025	47,982

Depreciation
As at 1 June 2024	34,285
Provided during the period	10,053
Disposals	(26,204 )

As at 31 May 2025	18,134

Net Book Value
As at 31 May 2025	29,848

As at 1 June 2024	22,597

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	14,820	-
Prepayments and accrued income	341	674
Director's loan account	1,603	1,314

	16,764	1,988

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Straight Line Design Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	3,147	6,900
Corporation tax	15,006	14,518
Other taxes and social security	220	220
VAT	6,729	1,289
Accruals and deferred income	800	800

	25,902	23,727

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

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	9,442	9,200

9. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	3,147	6,900
Later than one year and not later than five years	9,442	9,200

	12,589	16,100

	12,589	16,100

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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