REGISTERED NUMBER: 02339309 (England and Wales)

ASSOCIATE DESIGN TIME LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S A Moore

SECRETARY:

S A Moore

REGISTERED OFFICE:

Studio 2.10 Clockwise

Yorkshire House

Greek Street

Leeds

West Yorkshire

LS1 5SH

REGISTERED NUMBER:

02339309 (England and Wales)

ACCOUNTANTS:

UHY BPR Heaton

Chartered Accountants

Glenewes House

Gate Way Drive

Leeds

West Yorkshire

LS19 7XY

BANKERS:

HSBC Bank Plc

PO Box 105

33 Park Row

Leeds

West Yorkshire

LS1 1LD

FIXED ASSETS

Tangible assets

4

4

271

CURRENT ASSETS

Debtors

5

109,771

191,341

Cash at bank and in hand

292,396

273,429

402,167

464,770

CREDITORS

Amounts falling due within one year

6

246,056

232,392

NET CURRENT ASSETS

156,111

232,378

TOTAL ASSETS LESS CURRENT LIABILITIES

156,115

232,649

CREDITORS

Amounts falling due after more than one year

7

6,160

16,514

NET ASSETS

149,955

216,135

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

149,855

216,035

SHAREHOLDERS' FUNDS

149,955

216,135

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 director acknowledges his 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 director and authorised for issue on 7 November 2025 and were signed by:

S A Moore - Director

1.	STATUTORY INFORMATION

Associate Design Time 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.

The financial statements are presented in sterling which is the functional currency of the company rounded to the nearest pound (£).

Significant judgements and estimates

The preparation of financial statements in compliance with FRS 102 Section 1A requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the company's accounting policies.

In preparing these financial statements, the director has had to make the following judgements and estimates:

Tangible fixed assets

Tangible fixed assets are depreciated over their useful lives which are assessed annually by the directors.

In re-assessing asset lives, factors such as technological innovation, product life cycles and maintenance programmes are taken into account

Bad debt provision

The value of closing trade debtors as at the balance sheet date is subject to a bad debt provision which are assessed annually by the directors.

Turnover

Turnover represents net invoice value of services supplied, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Computer equipment

-

20% on cost

Financial instruments

Financial assets and financial liabilities are recognised when the company becomes a party to the contractual provisions of the instrument.

Financial assets and liabilities are initially measured at the transaction price, except for those financial assets classified as at fair value through profit or loss.

Basic financial instruments

Basic financial instruments are those with relatively straight forward terms and would normally include cash, bank balances, trade debtors, trade creditors and uncomplicated bank loans.

Where the arrangement does not constitute a financing transaction, e.g trade debtors on normal commercial terms, the debtor will be valued initially at transaction price (i.e. cost) and subsequently at transaction price less impairment (if any) due to concerns over recoverability.

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.

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 2 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 April 2024

297

1,681

1,978

Disposals

-

(269

)

(269

)

At 31 March 2025

297

1,412

1,709

DEPRECIATION

At 1 April 2024

296

1,411

1,707

Eliminated on disposal

-

(2

)

(2

)

At 31 March 2025

296

1,409

1,705

NET BOOK VALUE

At 31 March 2025

1

3

4

At 31 March 2024

1

270

271

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

79,354

158,574

Amounts owed by group undertakings

-

5,641

Other debtors

174

-

Prepayments and accrued income

30,243

27,126

109,771

191,341

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,356

10,099

Trade creditors

107

38,020

Amounts owed to group undertakings

100,000

-

Taxation and social security

73,682

94,372

Other creditors

61,911

89,901

246,056

232,392

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

6,160

16,514