Company Registration No. NI625210 (Northern Ireland)
David Henderson Design Ltd
Unaudited accounts
for the year ended 30 June 2021
David Henderson Design Ltd
Unaudited accounts
Contents
David Henderson Design Ltd
Company Information
for the year ended 30 June 2021
Company Number
NI625210 (Northern Ireland)
Registered Office
The Ormeau Baths
18 Ormeau Avenue
Belfast
BT2 8HS
Northern Ireland
Accountants
Gray + Press Accountants Limited
Unit 2 Channel Wharf
21 Old Channel Road
Belfast
BT3 9DE
David Henderson Design Ltd
Statement of financial position
as at
30 June 2021
Tangible assets
8,618
8,970
Cash at bank and in hand
106,402
81,068
Creditors: amounts falling due within one year
(42,741)
(63,071)
Net current assets
97,238
37,672
Net assets
105,856
46,642
Called up share capital
1,000
1,000
Profit and loss account
104,856
45,642
Shareholders' funds
105,856
46,642
For the year ending 30 June 2021 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 16 March 2022 and were signed on its behalf by
David Henderson
Director
Company Registration No. NI625210
David Henderson Design Ltd
Notes to the Accounts
for the year ended 30 June 2021
David Henderson Design Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI625210. The registered office is The Ormeau Baths, 18 Ormeau Avenue, Belfast, BT2 8HS, Northern Ireland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% Straight Line
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
David Henderson Design Ltd
Notes to the Accounts
for the year ended 30 June 2021
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 July 2020
-
18,815
18,815
Additions
500
2,476
2,976
At 30 June 2021
500
21,291
21,791
At 1 July 2020
-
9,845
9,845
Charge for the year
10
3,318
3,328
At 30 June 2021
10
13,163
13,173
At 30 June 2021
490
8,128
8,618
At 30 June 2020
-
8,970
8,970
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Debtors: amounts falling due within one year
2021
2020
Trade debtors
33,577
19,675
6
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
17,485
11,761
Other creditors
4,578
37,759
Loans from directors
2,016
916
7
Average number of employees
During the year the average number of employees was 5 (2020: 4).