REGISTERED NUMBER: 09059797 (England and Wales)

I DESIGN (WALES) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

Page

Abridged Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

360,471

325,762

CURRENT ASSETS

Debtors

-

6,417

Cash at bank

83,141

91,575

83,141

97,992

CREDITORS

Amounts falling due within one year

108,204

113,172

NET CURRENT LIABILITIES

(25,063

)

(15,180

)

TOTAL ASSETS LESS CURRENT LIABILITIES

335,408

310,582

CREDITORS

Amounts falling due after more than one year

5

205,796

200,156

NET ASSETS

129,612

110,426

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

129,602

110,416

SHAREHOLDERS' FUNDS

129,612

110,426

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 November 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 25 August 2026 and were signed by:

Mr I M James - Director

1.	STATUTORY INFORMATION

I Design (Wales) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

09059797

Registered office:

Hollyoaks

Broadway

Laugharne

Carmarthen

Carmarthenshire

SA33 4NU

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 accounts have been prepared on a going concern basis as in the director's opinion the company has sufficient funds and future income to continue in the foreseeable future.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Land and buildings

-

2% on cost

Plant and machinery etc

-

20% on reducing balance and 10% on cost

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 December 2024

409,084

Additions

74,310

Disposals

(14,650

)

At 30 November 2025

468,744

DEPRECIATION

At 1 December 2024

83,322

Charge for year

27,881

Eliminated on disposal

(2,930

)

At 30 November 2025

108,273

NET BOOK VALUE

At 30 November 2025

360,471

At 30 November 2024

325,762

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

COST

At 1 December 2024

29,238

Additions

23,000

At 30 November 2025

52,238

DEPRECIATION

At 1 December 2024

2,924

Charge for year

5,224

At 30 November 2025

8,148

NET BOOK VALUE

At 30 November 2025

44,090

At 30 November 2024

26,314

5.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

2025

2024

£

£

Repayable by instalments

Bank loans more 5 yr by instal

163,653

163,914

6.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

196,328

200,676