Registered Number:05326859 |
For the year ended 31 January 2023
England and Wales
Unaudited Financial Statements
For the year ended 31 January 2023
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
2022
2023
Property, plant and equipment |
17,703
17,703
2
17,703
17,703
Trade and other receivables |
4,618
4,397
3
48,251
Cash and cash equivalents |
50,977
55,374
52,869
Trade and other payables: amounts falling due within one |
year |
(23,494)
(19,113)
4
29,375
36,261
Net current assets
Total assets less current liabilities |
53,964
47,078
Trade and other payables: amounts falling due after more |
than one year |
(1,732)
-
5
53,964
Net assets
45,346
100
100
53,864
45,246
53,964
45,346
Shareholders' funds
For the year ended 31 January 2023 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 2023 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 23 October 2023 and were signed by: |
The notes form part of these financial statements |
1 of 3
For the year ended 31 January 2023
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 1A 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 2023
ACD Design Services
Notes to the Financial Statements Continued
3. Trade and other receivables |
2022
2023
4,397
4,618
4. Trade and other payables: amounts falling due within one year |
2022
2023
Taxation and social security |
6,014
11,756
13,099
11,738
19,113
23,494
5. Trade and other payables: amounts falling due after more than one year |
2022
2023
-
1,732
6. Average number of persons employed |
During the year the average number of employees was 1 (2022 : 1)
3 of 3