REGISTERED NUMBER: 07119958 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

DESIGN RIGHT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

5

DIRECTOR:

Mr M P Horlock

SECRETARY:

Mrs R J Horlock

REGISTERED OFFICE:

18 Mayfield Close

Timperley

Altrincham

Cheshire

WA15 7TE

REGISTERED NUMBER:

07119958 (England and Wales)

ACCOUNTANTS:

Allens Accountants Limited

Chartered Accountants

123 Wellington Road South

Stockport

Cheshire

SK1 3TH

FIXED ASSETS

Intangible assets

4

66,015

112,286

Tangible assets

5

8,662

10,888

74,677

123,174

CURRENT ASSETS

Debtors

6

29,966

47,835

Cash at bank and in hand

24,678

5,335

54,644

53,170

CREDITORS

Amounts falling due within one year

7

87,899

87,146

NET CURRENT LIABILITIES

(33,255

)

(33,976

)

TOTAL ASSETS LESS CURRENT LIABILITIES

41,422

89,198

CAPITAL AND RESERVES

Called up share capital

8

100

100

Fair value reserve

(37,985

)

22,286

Retained earnings

79,307

66,812

SHAREHOLDERS' FUNDS

41,422

89,198

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 30 October 2026 and were signed by:

Mr M P Horlock - Director

1.	STATUTORY INFORMATION

Design Right 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.

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 as modified by the revaluation of certain assets.

Turnover

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

Cryptocurrency investments

Cryptocurrency investments represent amounts invested in cryptocurrencies. Investments are initially measured at cost and subsequently remeasured to fair value at each reporting date where a reliable market value is available. Cryptographic assets are not amortised..

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost, 25% on reducing balance and 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 4 (2025 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST OR VALUATION

At 1 February 2025

112,286

Additions

14,000

Revaluations

(60,271

)

At 31 January 2026

66,015

NET BOOK VALUE

At 31 January 2026

66,015

At 31 January 2025

112,286

Cost or valuation at 31 January 2026 is represented by:

Other

intangible

assets

£

Valuation in 2025

22,286

Valuation in 2026

(60,271

)

Cost

104,000

66,015

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2025

35,044

Additions

1,661

At 31 January 2026

36,705

DEPRECIATION

At 1 February 2025

24,156

Charge for year

3,887

At 31 January 2026

28,043

NET BOOK VALUE

At 31 January 2026

8,662

At 31 January 2025

10,888

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

27,762

47,116

Other debtors

2,204

719

29,966

47,835

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Taxation and social security

27,449

14,331

Other creditors

60,450

72,815

87,899

87,146

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary

£1

100

100