Design Dough Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06017344 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2019

for

Design Dough Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J Brown

Mrs S Brown

REGISTERED OFFICE:

18 Harrowby Street

Cardiff

South Glamorgan

CF10 5GA

REGISTERED NUMBER:

06017344 (England and Wales)

ACCOUNTANTS:

JK Accountancy

The Business Centre

Cardiff Road

Barry

CF63 2AW

FIXED ASSETS

Intangible assets

4

1,000

2,000

Tangible assets

5

12,431

8,473

13,431

10,473

CURRENT ASSETS

Debtors

6

99,235

66,853

Cash at bank and in hand

44,711

53,385

143,946

120,238

CREDITORS

Amounts falling due within one year

7

80,590

67,573

NET CURRENT ASSETS

63,356

52,665

TOTAL ASSETS LESS CURRENT LIABILITIES

76,787

63,138

CREDITORS

Amounts falling due after more than one year

8

36,994

44,288

NET ASSETS

39,793

18,850

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

39,791

18,848

SHAREHOLDERS' FUNDS

39,793

18,850

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 9 March 2020 and were signed on its behalf by:

Mr J Brown - Director

1.	STATUTORY INFORMATION

Design Dough Ltd 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.

Turnover

Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work

carried out in respect of services provided to customers.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less

any accumulated amortisation and any accumulated impairment losses.

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

20% reducing balance

Fixtures and Fittings

20% reducing balance

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 11 (2018 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2019

and 31 December 2019

10,000

AMORTISATION

At 1 January 2019

8,000

Charge for year

1,000

At 31 December 2019

9,000

NET BOOK VALUE

At 31 December 2019

1,000

At 31 December 2018

2,000

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2019

1,293

13,214

14,507

Additions

-

7,065

7,065

At 31 December 2019

1,293

20,279

21,572

DEPRECIATION

At 1 January 2019

259

5,775

6,034

Charge for year

207

2,900

3,107

At 31 December 2019

466

8,675

9,141

NET BOOK VALUE

At 31 December 2019

827

11,604

12,431

At 31 December 2018

1,034

7,439

8,473

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.19

31.12.18

£

£

Trade debtors

94,096

63,779

Other debtors

5,139

3,074

99,235

66,853

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.19

31.12.18

£

£

Bank loans and overdrafts

10,062

-

Trade creditors

11,982

11,096

Taxation and social security

54,644

52,038

Other creditors

3,902

4,439

80,590

67,573

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.19

31.12.18

£

£

Other creditors

36,994

44,288

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.19

31.12.18

value:

£

£

100

Ordinary

£0.01

1

1

1

B Ordinary

£1

1

1

2

2