REGISTERED NUMBER: 02692834 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

DESIGN RATIONALE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr R W Heap

REGISTERED OFFICE:

Fiveways

57-59 Hatfield Road

Potters Bar

Hertfordshire

EN6 1HS

REGISTERED NUMBER:

02692834 (England and Wales)

ACCOUNTANTS:

SRG Newmans Limited

Five Ways

57-59 Hatfield Road

Potters Bar

Hertfordshire

EN6 1HS

FIXED ASSETS

Intangible assets

4

6,173

-

Tangible assets

5

42,853

44,150

Investments

6

50,001

50,001

99,027

94,151

CURRENT ASSETS

Debtors

7

827,536

348,223

Cash at bank and in hand

3,892,662

1,657,257

4,720,198

2,005,480

CREDITORS

Amounts falling due within one year

8

3,359,990

1,636,749

NET CURRENT ASSETS

1,360,208

368,731

TOTAL ASSETS LESS CURRENT LIABILITIES

1,459,235

462,882

PROVISIONS FOR LIABILITIES

4,995

4,877

NET ASSETS

1,454,240

458,005

CAPITAL AND RESERVES

Called up share capital

1,122

1,122

Capital redemption reserve

1,034

1,034

Other reserves

44

44

Retained earnings

1,452,040

455,805

SHAREHOLDERS' FUNDS

1,454,240

458,005

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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.

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 15 October 2026 and were signed by:

Mr R W Heap - Director

1.	STATUTORY INFORMATION

Design Rationale Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

An impairment loss has been recognised in the Income Statement, following an assessment at the Balance Sheet date indicating the recoverable amount was less than its carrying value.

Crypto currency is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

in accordance with the property

Plant and machinery

-

15% on reducing balance

Bicycles

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

15% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 25 (2025 - 23 ) .

4.	INTANGIBLE FIXED ASSETS

Crypto

currency

£

COST

Additions

10,090

Impairments

(3,917

)

At 31 January 2026

6,173

NET BOOK VALUE

At 31 January 2026

6,173

5.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

property

machinery

Bicycles

£

£

£

COST

At 1 February 2025

85,055

129,158

6,757

Additions

-

-

-

At 31 January 2026

85,055

129,158

6,757

DEPRECIATION

At 1 February 2025

85,055

121,568

4,897

Charge for year

-

278

114

At 31 January 2026

85,055

121,846

5,011

NET BOOK VALUE

At 31 January 2026

-

7,312

1,746

At 31 January 2025

-

7,590

1,860

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 February 2025

41,957

205,247

468,174

Additions

-

712

712

At 31 January 2026

41,957

205,959

468,886

DEPRECIATION

At 1 February 2025

32,056

180,448

424,024

Charge for year

603

1,014

2,009

At 31 January 2026

32,659

181,462

426,033

NET BOOK VALUE

At 31 January 2026

9,298

24,497

42,853

At 31 January 2025

9,901

24,799

44,150

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 February 2025

and 31 January 2026

50,001

NET BOOK VALUE

At 31 January 2026

50,001

At 31 January 2025

50,001

7.

DEBTORS

2026

2025

£

£

Amounts falling due within one year:

Trade debtors

572,618

228,922

Other debtors

24,386

24,386

Prepayments

30,532

94,915

627,536

348,223

Amounts falling due after more than one year:

Other debtors

200,000

-

Aggregate amounts

827,536

348,223

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

626,409

290,568

Tax

617,683

220,789

Social security and other taxes

(56,801

)

(106,413

)

Other creditors

10,742

9,848

Directors' current accounts

1,957

1,957

Accruals and deferred income

2,160,000

1,220,000

3,359,990

1,636,749