Registered number
15068967
APPROVED DESIGN GROUP LTD
Revised Filleted Accounts
31 January 2025
APPROVED DESIGN GROUP LTD
Revised Accounts
For the year ended 31 January 2025
These revised annual accounts replace the original annual accounts for the year ended 31 January 2025.
They are now the statutory accounts of the company for the year ended 31 January 2025.
The revised annual accounts have been prepared as at the date of the approval of the original annual accounts and not as at the date of revision and accordingly do not deal with events between those dates.
The original financial statements did not correctly reflect certain transactions relating to the group restructuring, including dividend income received, dividends declared and the disposal of an investment. Consequently, the financial statements did not accurately present the company's financial position and results for the year ended 31 January 2025.
The financial statements have been revised to recognise dividend income of £55,000, dividends declared of £55,000 and a loss of £100 on the disposal of an investment. The corresponding adjustments have been made to investments, intercompany balances, dividends payable, retained earnings and the related disclosures in the notes to the accounts.
APPROVED DESIGN GROUP LTD
Registered number: 15068967
Balance Sheet
as at 31 January 2025
Notes 2025 2024
£ £
Fixed assets
Investments 5 2 102
Current assets
Debtors 7 33,000 -
Creditors: amounts falling due within one year 8 (33,002) (2)
Net current liabilities (2) (2)
Net assets - 100
Capital and reserves
Called up share capital 100 100
Profit and loss account (100) -
Shareholder's funds - 100
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Dean Terry MORRIS
Director
Approved by the board on 28 October 2026
APPROVED DESIGN GROUP LTD
Notes to the Accounts
for the year ended 31 January 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Amendment to previously filed financial statements
These amended financial statements replace the accounts previously filed for the year ended 31 January 2025. The amendments reflect transactions relating to the group restructuring, including dividend income received, dividends declared and the disposal of an investment, which were omitted from the original accounts.
3 Dividend income policy
Dividend income is recognised when the shareholder’s right to receive payment is established.
4 Employees 2025 2024
Number Number
Average number of persons employed by the company 0 0
5 Investments
Investments in
subsidiary
undertakings
£
Cost
At 1 February 2024 102
Disposals (100)
At 31 January 2025 2
6 Subsidiary undertaking
The company held the following investment in a subsidiary undertaking at 31 January 2025:
Approved Fire Safety Limited
Country of incorporation: England and Wales
Class of shares held: Ordinary shares
Proportion held: 100%
Principal activity: Fire safety services
7 Debtors 2025 2024
£ £
Amounts owed by group undertakings and undertakings in which the company has a participating interest 33,000 -
8 Creditors: amounts falling due within one year 2025 2024
£ £
Director's loan account 2 2
Dividends payable 33,000 -
33,002 2
9 Controlling party
At 31 January 2025, the company’s share capital comprised 50 A ordinary shares held by DM Fire Ventures Limited and 50 B ordinary shares held by Modulus Fire Limited. The B ordinary shares carried no voting rights. Accordingly, DM Fire Ventures Limited was the company’s controlling party by virtue of its voting rights. The ultimate controlling party of DM Fire Ventures Limited was Dean Terry Morris.
10 Other information
APPROVED DESIGN GROUP LTD is a private company limited by shares and incorporated in England. Its registered office is:
27 Purleigh Avenue
Woodford Green
England
IG8 8DU
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