Ian Brown Design Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04351481

Ian Brown Design Limited

Filleted Unaudited Financial Statements

31 March 2025

Ian Brown Design Limited

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		1,051	658

Current assets

Debtors	6	474	1,266
Cash at bank and in hand		4,891	3,537
		-------	-------
		5,365	4,803

Creditors: amounts falling due within one year	7	6,319		6,414
		-------		-------
Net current liabilities			954	1,611
			-------	-------
Total assets less current liabilities			97	( 953)
			----	----
Net assets/(liabilities)			97	( 953)
			----	----

Capital and reserves

Called up share capital	1	1
Profit and loss account	96	( 954)
	----	----
Shareholders funds/(deficit)	97	( 953)
	----	----

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 income and retained earnings has not been delivered.

For the year ending 31st March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Ian Brown Design Limited

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 27 November 2025 , and are signed on behalf of the board by:

I C Brown
Director

Company registration number: 04351481

Ian Brown Design Limited

Notes to the Financial Statements

Year ended 31st 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 44 Busty Bank, Burnopfield, Newcastle Upon Tyne, NE16 6NG.

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.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax that the company is expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures and Fittings	-	25% reducing balance
Equipment	-	25% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

5. Tangible assets

	Fixtures and fittings	Equipment	Total
	£	£	£
Cost
At 1st April 2024	2,761	8,616	11,377
Additions	–	874	874
Disposals	( 681)	–	( 681)
	-------	-------	--------
At 31st March 2025	2,080	9,490	11,570
	-------	-------	--------
Depreciation
At 1st April 2024	2,632	8,087	10,719
Charge for the year	2	352	354
Disposals	( 554)	–	( 554)
	-------	-------	--------
At 31st March 2025	2,080	8,439	10,519
	-------	-------	--------
Carrying amount
At 31st March 2025	–	1,051	1,051
	-------	-------	--------
At 31st March 2024	129	529	658
	-------	-------	--------

6. Debtors

	2025	2024
	£	£
Trade debtors	474	1,190
Other debtors	–	76
	----	-------
	474	1,266
	----	-------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Social security and other taxes	260	124
Other creditors	6,059	6,290
	-------	-------
	6,319	6,414
	-------	-------

8. Director's advances, credits and guarantees

During the year the director entered into the following advances and credits with the company:

	2025
	Balance brought forward	Advances/ (credits) to the director	Balance outstanding
	£	£	£
I C Brown	( 5,570)	111	( 5,459)
	-------	----	-------

	2024
	Balance brought forward	Advances/ (credits) to the director	Balance outstanding
	£	£	£
I C Brown	( 5,133)	( 437)	( 5,570)
	-------	----	-------

9. Related party transactions

The company is under the control of Mr I C Brown by virtue of the fact that he owns 100% of the company's issued share capital. No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard FRS102 1A.