Registered Number
:
05326859
|
For the year ended 31 January 2022
England and Wales
Unaudited Financial Statements
For the year ended 31 January 2022
ACD Design Services
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
ACD Design Services
Statement of Financial Position
2021
2022
Property
,
plant and equipment
|
17,703
17,703
2
17,703
17,703
Trade and other receivables
|
6,763
4,618
3
16,459
Cash and cash equivalents
|
48,251
52,869
23,222
Trade and other payables
:
amounts falling due within one
|
year
|
(17,032)
(23,494)
4
6,190
29,375
Net current assets
Total assets less current liabilities
|
47,078
23,893
Trade and other payables
:
amounts falling due after more
|
than one year
|
(4,282)
(1,732)
5
45,346
Net assets
19,611
100
100
45,246
19,511
45,346
19,611
Shareholders' funds
For the year ended 31 January 2022 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
|
The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2022 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
|
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
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
|
These financial statements were approved and authorised for issue by the Board on 26 October 2022 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 31 January 2022
ACD Design Services
Notes to the Financial Statements
Statutory Information
ACD Design Services is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
registration
|
number
05326859
.
|
24 Old Vicarage Lane
Horwich
Bolton
BL66QT
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial
|
Reporting Standard
102
'
The Financial Reporting Standard applicable in the UK and Republic of Ireland
'
and the
|
Companies Act
2006
.
The financial statements have been prepared under the historical costs convention as
|
modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
|
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Plant and machinery
Computer equipment
Motor vehicles
Fixtures and fittings
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
2
.
Property
,
plant and equipment
|
17,703
1,249
16,454
16,454
1,249
17,703
16,454
1,249
17,703
16,454
1,249
17,703
2 of 3
For the year ended 31 January 2022
ACD Design Services
Notes to the Financial Statements Continued
3
.
Trade and other receivables
|
2021
2022
4,618
6,763
4
.
Trade and other payables
:
amounts falling due within one year
|
2021
2022
Taxation and social security
|
11,756
8,197
11,738
8,835
23,494
17,032
5
.
Trade and other payables
:
amounts falling due after more than one year
|
2021
2022
1,732
4,282
6
.
Average number of persons employed
|
During the year the average number of employees was 1 (2021 : 1)
3 of 3