Company Registration No. 14135961 (England and Wales)
DESIGNWELL 1 LTD
Unaudited accounts
for the year ended 31 May 2025
DESIGNWELL 1 LTD
Unaudited accounts
Contents
DESIGNWELL 1 LTD
Company Information
for the year ended 31 May 2025
Company Number
14135961 (England and Wales)
Registered Office
VYMAN HOUSE
104 COLLEGE ROAD
HARROW
MIDDLESEX
HA1 1BQ
UNITED KINGDOM
Accountants
RMR Partnership LLP
Ground Floor, Vyman House
104 College Road
Harrow
Middlesex
HA1 1BQ
DESIGNWELL 1 LTD
Statement of financial position
as at 31 May 2025
Tangible assets
1,300,000
1,300,000
Cash at bank and in hand
129
2,013
Creditors: amounts falling due within one year
(11,572)
(6,035)
Net current assets
40,982
20,976
Total assets less current liabilities
1,340,982
1,320,976
Creditors: amounts falling due after more than one year
(1,352,740)
(1,331,989)
Net liabilities
(11,758)
(11,013)
Called up share capital
100
100
Profit and loss account
(11,858)
(11,113)
Shareholders' funds
(11,758)
(11,013)
For the year ending 31 May 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 director acknowledges his 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 and authorised for issue on 29 May 2026 and were signed on its behalf by
Parag Patel
Director
Company Registration No. 14135961
DESIGNWELL 1 LTD
Notes to the Accounts
for the year ended 31 May 2025
DESIGNWELL 1 LTD is a private company, limited by shares, registered in England and Wales, registration number 14135961. The registered office is VYMAN HOUSE, 104 COLLEGE ROAD, HARROW, MIDDLESEX, HA1 1BQ, 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.
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.
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:
4
Tangible fixed assets
Land & buildings
Amounts falling due within one year
Amounts due from group undertakings etc.
3,670
998
Amounts falling due after more than one year
Accrued income and prepayments
305
-
Other debtors
48,450
24,000
DESIGNWELL 1 LTD
Notes to the Accounts
for the year ended 31 May 2025
6
Creditors: amounts falling due within one year
2025
2024
Amounts owed to group undertakings and other participating interests
4,500
2,500
Loans from directors
7,072
3,250
7
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
680,083
651,906
Amounts owed to group undertakings and other participating interests
672,657
680,083
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).