Company Registration No. 13898946 (England and Wales)
Thedesignstore Ltd
Unaudited accounts
for the year ended 28 February 2025
Thedesignstore Ltd
Unaudited accounts
Contents
Thedesignstore Ltd
Company Information
for the year ended 28 February 2025
Directors
Kerry Smith
Lewis Smith
Company Number
13898946 (England and Wales)
Registered Office
44 Parkdale Road
Sheldon
BIRMINGHAM
West Midlands
B26 3UT
ENGLAND
Accountants
One Stop Accounts & Tax
Kingfisher House
21-23 Elmfield Road
Bromley
Kent
BR1 1LT
Thedesignstore Ltd
Statement of financial position
as at 28 February 2025
Tangible assets
7,171
9,562
Cash at bank and in hand
32,645
32,054
Creditors: amounts falling due within one year
(19,056)
(19,184)
Net current assets
33,420
20,441
Called up share capital
2
2
Profit and loss account
40,589
30,001
Shareholders' funds
40,591
30,003
For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 November 2025 and were signed on its behalf by
Lewis Smith
Director
Company Registration No. 13898946
Thedesignstore Ltd
Notes to the Accounts
for the year ended 28 February 2025
Thedesignstore Ltd is a private company, limited by shares, registered in England and Wales, registration number 13898946. The registered office is 44 Parkdale Road, Sheldon, BIRMINGHAM, West Midlands, B26 3UT, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% written down value
Motor vehicles
25% written down value
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 March 2024
8,300
8,700
17,000
At 28 February 2025
8,300
8,700
17,000
At 1 March 2024
3,632
3,806
7,438
Charge for the year
1,167
1,224
2,391
At 28 February 2025
4,799
5,030
9,829
At 28 February 2025
3,501
3,670
7,171
At 29 February 2024
4,668
4,894
9,562
Thedesignstore Ltd
Notes to the Accounts
for the year ended 28 February 2025
Amounts falling due within one year
Trade debtors
14,841
6,964
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
11,706
12,882
Loans from directors
2,742
2,701
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).