REGISTERED NUMBER: 03309044 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

FACTORY DESIGN LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P C Tennent

A C White

REGISTERED OFFICE:

318 King Street

London

W6 0RR

REGISTERED NUMBER:

03309044 (England and Wales)

ACCOUNTANTS:

Bolton & Co

Fetcham Park House

Fetcham Park

Lower Road

Fetcham

Surrey

KT22 9HD

FIXED ASSETS

Tangible assets

4

15,620

13,302

CURRENT ASSETS

Debtors

5

463,182

605,102

Cash at bank

112,428

21,791

575,610

626,893

CREDITORS

Amounts falling due within one year

6

152,221

290,723

NET CURRENT ASSETS

423,389

336,170

TOTAL ASSETS LESS CURRENT LIABILITIES

439,009

349,472

CAPITAL AND RESERVES

Called up share capital

100

109

Capital redemption reserve

16

7

Retained earnings

438,893

349,356

SHAREHOLDERS' FUNDS

439,009

349,472

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 13 October 2025 and were signed on its behalf by:

P C Tennent - Director

1.	STATUTORY INFORMATION

Factory Design Limited is a private company, limited by shares , registered in England and Wales. 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 etc

-

25% on reducing balance and 15% on reducing balance

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

Whilst it is believed that expenditure on research and development for specific products will have a future economic benefit measurement of this is too uncertain so the amounts are written off in the year in which they are incurred.

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 10 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipmt

Totals

£

£

£

£

COST

At 1 April 2024

7,777

22,770

256,485

287,032

Additions

-

-

7,245

7,245

At 31 March 2025

7,777

22,770

263,730

294,277

DEPRECIATION

At 1 April 2024

7,665

20,671

245,394

273,730

Charge for year

28

315

4,584

4,927

At 31 March 2025

7,693

20,986

249,978

278,657

NET BOOK VALUE

At 31 March 2025

84

1,784

13,752

15,620

At 31 March 2024

112

2,099

11,091

13,302

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

456,330

592,907

Other debtors

6,852

12,195

463,182

605,102

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade creditors

26,169

31,790

Amounts owed to group undertakings

150,071

255,342

Taxation and social security

(27,019

)

591

Other creditors

3,000

3,000

152,221

290,723

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

All dividends were paid to the parent company and employees during the year.

8.	ULTIMATE CONTROLLING PARTY

The controlling party is FactoryDesignLondon Ltd.