Design Abled Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 12708962

Design Abled Ltd

Filleted Unaudited Financial Statements

31 December 2025

Design Abled Ltd

Statement of Financial Position

31 December 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	4		27,049	31,822

Current assets

Stocks		–	13,824
Debtors	5	28,184	27,865
Cash at bank and in hand		9,377	2
		-------	-------
		37,561	41,691

Creditors: amounts falling due within one year	6	118,638		53,395
		--------		-------
Net current liabilities			81,077	11,704
			-------	-------
Total assets less current liabilities			( 54,028)	20,118
			-------	-------
Net (liabilities)/assets			( 54,028)	20,118
			-------	-------

Capital and reserves

Called up share capital	7	112	112
Share premium account		149,983	149,983
Profit and loss account		( 204,123)	( 129,977)
		--------	--------
Shareholders (deficit)/funds		( 54,028)	20,118
		--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 26 October 2026 , and are signed on behalf of the board by:

D Ezekiel

Director

Company registration number: 12708962

Design Abled Ltd

Notes to the Financial Statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered and trading in England and Wales with company number 12708962 . The address of the registered office is International House, 10 Churchill Way, Cardiff, CF10 2HE.

2. Statement of compliance

The financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 Section 1A smaller entities 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' ('FRS 102') and Companies Act 2006.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the company and rounded to the nearest £.

Going concern

The continuation of the company's affairs is dependent upon the support of the directors. These accounts have been prepared on a going concern basis which assumes their support for the foreseeable future.

Judgements and key sources of estimation uncertainty

In preparing these financial statements the directors have had to make judgements, estimates and assumptions that affect the application of policies and reported amounts of assets, liabilities, income and expenses. Estimates and associated assumptions are based on historic experience and various other factors including expectations of future events that are believed to be reasonable under the circumstances, however actual results may differ from these estimates. For this reporting date there are no significant judgements, estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Plant and machinery	-	15% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Government grants

Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received. Government grants are recognised using the accrual model and the performance model. Under the accrual model, government grants relating to revenue are recognised on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate. Grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs are recognised in income in the period in which it becomes receivable. Grants relating to assets are recognised in income on a systematic basis over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income and not deducted from the carrying amount of the asset. Under the performance model, where the grant does not impose specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future performance-related conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as a liability.

Financial instruments

The company only has basic financial instruments. - Financial assets Financial assets comprise items such as cash at bank and in hand and trade and other debtors. These are initially recorded at cost on the date they originate, the company considers evidence of impairment for all individual elements comprising financial assets and any subsequent impairment is recognised in profit and loss. - Financial liabilities Financial liabilities comprise items such as corporation and other taxes, bank and other loans, accruals and trade and other creditors. These are initially recorded at cost on the date they originate, net of transaction costs where applicable, the company considers evidence of impairment for all individual elements comprising financial liabilities and any subsequent impairment is recognised in profit and loss.

4. Tangible assets

	Plant and machinery	Total
	£	£
Cost
At 1 January 2025 and 31 December 2025	48,435	48,435
	-------	-------
Depreciation
At 1 January 2025	16,613	16,613
Charge for the year	4,773	4,773
	-------	-------
At 31 December 2025	21,386	21,386
	-------	-------
Carrying amount
At 31 December 2025	27,049	27,049
	-------	-------
At 31 December 2024	31,822	31,822
	-------	-------

5. Debtors

	2025	2024
	£	£
Other debtors	28,184	27,865
	-------	-------

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	26,896	21,667
Other creditors	91,742	31,728
	--------	-------
	118,638	53,395
	--------	-------

7. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary A shares of £ 0.0001 (2024 - £ 0.01) each	665,000	67	6,650	67
Ordinary B shares of £ 0.0001 (2024 - £ 0.01) each	285,000	29	2,850	29
Ordinary C shares of £ 0.0001 (2024 - £ 0.01) each	167,600	17	1,676	17
	-----------	----	-------	----
	1,117,600	112	11,176	112
	-----------	----	-------	----

On 9th October 2025, there was a sub-division of shares from 11,176 £0.01 Shares to 1,117,600 £0.0001 Shares.

8. Directors' advances, credits and guarantees

At the reporting date the directors loan account was in credit by £840 (2024: £499). There is no fixed term for repayment and no interest is charged .

9. Related party transactions

The company was under the control of D Ezekiel , J J J Ezekiel and B Inanc during the current and previous period.