Pigrem Design Limited,Ltd - AccountsLtd - Accounts

Pigrem Design Limited,Ltd - AccountsLtd - Accounts

PIGREM DESIGN LTD - Company Information

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2022-02-01 06046961 2023-01-31 06046961 2022-02-01 2023-01-31 06046961 2022-01-31 06046961 2021-02-01 2022-01-31 06046961 uk-core:WithinOneYear 2022-01-31 06046961 uk-core:WithinOneYear 2023-01-31 06046961 uk-core:ShareCapital 2023-01-31 06046961 uk-core:ShareCapital 2022-01-31 06046961 uk-core:RetainedEarningsAccumulatedLosses 2023-01-31 06046961 uk-core:RetainedEarningsAccumulatedLosses 2022-01-31 06046961 uk-bus:Director1 2022-02-01 2023-01-31 06046961 uk-core:ToolsEquipment 2022-02-01 2023-01-31 06046961 uk-core:OfficeEquipment 2022-02-01 2023-01-31 06046961 uk-core:ToolsEquipment 2022-01-31 06046961 uk-core:OfficeEquipment 2022-01-31 06046961 uk-core:OfficeEquipment 2023-01-31 06046961 uk-core:ToolsEquipment 2023-01-31 iso4217:GBP xbrli:pure 06046961 uk-bus:AuditExemptWithAccountantsReport 2022-02-01 2023-01-31 06046961 uk-bus:FRS102 2022-02-01 2023-01-31 06046961 uk-bus:FullAccounts 2022-02-01 2023-01-31 06046961 uk-bus:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31
Pigrem Design Limited
Registered Number:06046961
For the year ended 31 January 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 January 2023
Pigrem Design Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
06046961
As at 31 January 2023
Pigrem Design Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
1,263
1,618
2
1,263
1,618
Current assets
Trade and other receivables
13,550
3,322
3
2,575
Cash and cash equivalents
3,579
6,901
16,125
Trade and other payables: amounts falling due within one year
(23,786)
(14,411)
4
(7,661)
(7,510)
Net current liabilities
Total assets less current liabilities
(6,247)
(6,043)
(240)
(307)
Provisions for liabilities
(6,487)
Net liabilities
(6,350)
Capital and reserves
Called up share capital
100
100
Retained earnings
(6,587)
(6,450)
(6,487)
(6,350)
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 directors acknowledge their 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.
Mr Antony Pigrem Director
These financial statements were approved and authorised for issue by the Board on 09 October 2023 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 January 2023
Pigrem Design Limited
Notes to the Financial Statements
Statutory Information
Pigrem Design Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number
06046961.
Principal place of business:
105 Sefton Park Road
St Andrews
Bristol
BS7 9AW
Registered address:
Windyridge
Amberley
Stroud
Gloucestershire
GL5 5AA
The presentation currency is £ sterling.
1. Accounting policies
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.
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:
25% Reducing balance
Computer equipment
15% Reducing balance
Office furniture and equipment
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
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5
For the year ended 31 January 2023
Pigrem Design Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Office furniture
and equipment
£
£
£
Cost or valuation
At 01 February 2022
21,199
18,027
3,172
At 31 January 2023
3,172
18,027
21,199
Provision for depreciation and impairment
At 01 February 2022
19,581
16,908
2,673
Charge for year
355
280
75
At 31 January 2023
19,936
17,188
2,748
At 31 January 2023
Net book value
424
839
1,263
At 31 January 2022
499
1,119
1,618
3. Trade and other receivables
2022
2023
£
£
Trade debtors
840
1,517
Other debtors
2,482
12,033
13,550
3,322
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Other creditors
14,411
23,786
5. Average number of persons employed
During the year the average number of employees was 2 (2022 : 2)
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