REGISTERED NUMBER: 13849385 (England and Wales)

INDIES DESIGNS LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

L Toney

Z A Toney

REGISTERED OFFICE:

Pembroke House

Llantarnam Park Way

Cwmbran

Torfaen

NP44 3AU

REGISTERED NUMBER:

13849385 (England and Wales)

ACCOUNTANTS:

Green & Co

Accountants and Tax Advisors

Pembroke House

Llantarnam Park Way

Cwmbran

Torfaen

NP44 3AU

FIXED ASSETS

Tangible assets

4

10,659

6,537

Investments

5

64,777

-

75,436

6,537

CURRENT ASSETS

Debtors

6

77,718

78,625

Cash at bank

7,841

23,649

85,559

102,274

CREDITORS

Amounts falling due within one year

7

121,740

107,097

NET CURRENT LIABILITIES

(36,181

)

(4,823

)

TOTAL ASSETS LESS CURRENT LIABILITIES

39,255

1,714

PROVISIONS FOR LIABILITIES

2,665

1,242

NET ASSETS

36,590

472

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

36,588

470

SHAREHOLDERS' FUNDS

36,590

472

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29th September 2026 and were signed on its behalf by:

L Toney - Director

1.	STATUTORY INFORMATION

Indies Designs Ltd 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.

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.

Computer equipment

-

20% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss, 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 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1st February 2025

9,357

Additions

5,980

At 31st January 2026

15,337

DEPRECIATION

At 1st February 2025

2,820

Charge for year

1,858

At 31st January 2026

4,678

NET BOOK VALUE

At 31st January 2026

10,659

At 31st January 2025

6,537

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

64,777

At 31st January 2026

64,777

NET BOOK VALUE

At 31st January 2026

64,777

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

16,240

4,790

Amounts owed from related

parties

-

64,862

Remnant Developments

-

3,497

Other debtors

61,181

414

Prepayments

297

5,062

77,718

78,625

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

23,883

-

Trade creditors

186

251

Corporation Tax

20,083

-

VAT

18,537

1,448

Directors' current accounts

52,662

95,443

Accrued expenses

6,389

9,955

121,740

107,097

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

1

Ordinary A

£1

1

1

1

Ordinary B

£1

1

1

2

2

9.	RELATED PARTY DISCLOSURES

At year end the company was owed £59,216 from related parties (2025 - £68,359).