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Company Registration No. 13492096 (England and Wales)
MARGATE DESIGN COLLECTIVE LTD Unaudited accounts for the year ended 31 July 2025
MARGATE DESIGN COLLECTIVE LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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MARGATE DESIGN COLLECTIVE LTD Company Information for the year ended 31 July 2025
Directors
J Du Preez J L Moore
Company Number
13492096 (England and Wales)
Registered Office
151 NORTHDOWN ROAD MARGATE KENT CT9 2QY UNITED KINGDOM
Accountants
Meades Accounting Limited Mill Lane House Mill Lane Margate CT9 1LB
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MARGATE DESIGN COLLECTIVE LTD Statement of financial position as at 31 July 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
2,459 
3,163 
Current assets
Inventories
- 
5,000 
Debtors
5
- 
4,103 
Cash at bank and in hand
32 
6,455 
32 
15,558 
Creditors: amounts falling due within one year
6
- 
(11,820)
Net current assets
32 
3,738 
Net assets
2,491 
6,901 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
2,489 
6,899 
Shareholders' funds
2,491 
6,901 
For the year ending 31 July 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 29 April 2026 and were signed on its behalf by
J L Moore Director Company Registration No. 13492096
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MARGATE DESIGN COLLECTIVE LTD Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
MARGATE DESIGN COLLECTIVE LTD is a private company, limited by shares, registered in England and Wales, registration number 13492096. The registered office is 151 NORTHDOWN ROAD, MARGATE, KENT, CT9 2QY, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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
20% reducing balance
Fixtures & fittings
20% reducing balance
Computer equipment
20% reducing balance
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2024
3,456 
2,709 
6,165 
At 31 July 2025
3,456 
2,709 
6,165 
Depreciation
At 1 August 2024
1,653 
1,349 
3,002 
Charge for the year
361 
343 
704 
At 31 July 2025
2,014 
1,692 
3,706 
Net book value
At 31 July 2025
1,442 
1,017 
2,459 
At 31 July 2024
1,803 
1,360 
3,163 
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MARGATE DESIGN COLLECTIVE LTD Notes to the Accounts for the year ended 31 July 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
- 
260 
Trade debtors
- 
3,843 
- 
4,103 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
- 
7,678 
Trade creditors
- 
2,786 
Loans from directors
- 
1,356 
- 
11,820 
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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