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COMPANY REGISTRATION NUMBER: 15681060

Design Week Ltd

Filleted Unaudited Financial Statements

31 March 2025

Design Week Ltd

Statement of Financial Position

31 March 2025

| 2025
Note | £ | £

Current assets

Debtors | 5 | 1,069 |
Cash at bank and in hand | 2,087 |
| ------- |
| 3,156 |

Creditors: amounts falling due within one year | 6 | 70,718 |
| -------- |
Net current liabilities |  | 67,562
|  | --------
Total assets less current liabilities |  | ( 67,562)
|  | --------
Net liabilities |  | ( 67,562)
|  | --------

Capital and reserves

Called up share capital | 7 |  | 100
Profit and loss account |  | ( 67,662)
|  | --------
Shareholders deficit |  | ( 67,562)
|  | --------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the period 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 financial statements for the period in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Design Week Ltd

Statement of Financial Position (continued)

31 March 2025
These financial statements were approved by the board of directors and authorised for issue on 10 November 2025 , and are signed on behalf of the board by:

Mr D Coveney
Director

Company registration number: 15681060

Design Week Ltd

Notes to the Financial Statements

Period ended 31 March 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Liverpool Science Park Ic1, 131 Mount Pleasant, Liverpool, L3 5TF.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
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.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
4. Employee numbers
The average number of persons employed by the company during the period amounted to 1 .
5. Debtors

| 2025
| £
Trade debtors | 948
Other debtors | 121
| -------
| 1,069
| -------

6. Creditors: amounts falling due within one year

| 2025
| £
Trade creditors | 5,207
Amounts owed to group undertakings | 62,900
Accruals and deferred income | 1,513
Social security and other taxes | 1,098
| --------
| 70,718
| --------

7. Called up share capital
Issued, called up and fully paid

| 2025
| No. | £
Ordinary shares of £ 1 each | 100 | 100
| ---- | ----

8. Controlling party
The company's ultimate parent company is Interconnect IT Ltd, a company registered in England and Wales which owns 100% of the company's issued share capital.