IRIS Accounts Production v17.2.1.52 08348022 director 1.2.16 31.1.17 31.1.17 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure083480222016-01-31083480222017-01-31083480222016-02-012017-01-31083480222015-01-31083480222015-02-012016-01-31083480222016-01-3108348022ns15:EnglandWales2016-02-012017-01-3108348022ns14:PoundSterling2016-02-012017-01-3108348022ns10:Director12016-02-012017-01-3108348022ns10:PrivateLimitedCompanyLtd2016-02-012017-01-3108348022ns10:SmallEntities2016-02-012017-01-3108348022ns10:AuditExempt-NoAccountantsReport2016-02-012017-01-3108348022ns10:SmallCompaniesRegimeForDirectorsReport2016-02-012017-01-3108348022ns10:SmallCompaniesRegimeForAccounts2016-02-012017-01-3108348022ns10:FullAccounts2016-02-012017-01-3108348022ns10:OrdinaryShareClass12016-02-012017-01-3108348022ns10:RegisteredOffice2016-02-012017-01-3108348022ns5:CurrentFinancialInstruments2017-01-3108348022ns5:CurrentFinancialInstruments2016-01-3108348022ns5:ShareCapital2017-01-3108348022ns5:ShareCapital2016-01-3108348022ns5:RetainedEarningsAccumulatedLosses2017-01-3108348022ns5:RetainedEarningsAccumulatedLosses2016-01-3108348022ns5:ComputerEquipment2016-02-012017-01-3108348022ns5:ComputerEquipment2016-01-3108348022ns5:ComputerEquipment2017-01-3108348022ns5:ComputerEquipment2016-01-3108348022ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-01-3108348022ns5:CurrentFinancialInstrumentsns5:WithinOneYear2016-01-3108348022ns10:OrdinaryShareClass12017-01-3108348022ns10:Director112016-01-3108348022ns10:Director112015-01-3108348022ns10:Director112016-02-012017-01-3108348022ns10:Director112015-02-012016-01-3108348022ns10:Director112017-01-3108348022ns10:Director112016-01-31


REGISTERED NUMBER: 08348022 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2017

FOR

MANCHESTER DESIGN FACTORY LIMITED

MANCHESTER DESIGN FACTORY LIMITED (REGISTERED NUMBER: 08348022)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2017










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MANCHESTER DESIGN FACTORY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2017







DIRECTOR: B Fitzpatrick





REGISTERED OFFICE: 5th Floor
The Margolis Building
37 Turner Street
Manchester
M4 1DW





REGISTERED NUMBER: 08348022 (England and Wales)





ACCOUNTANTS: Tree Accountancy Limited
Chartered Certified Accountants
5th Floor
The Margolis Building
37 Turner Street
Manchester
M4 1DW

MANCHESTER DESIGN FACTORY LIMITED (REGISTERED NUMBER: 08348022)

BALANCE SHEET
31 JANUARY 2017

31.1.17 31.1.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,417 2,641

CURRENT ASSETS
Debtors 5 7,265 5,789
Cash at bank 1,894 464
9,159 6,253
CREDITORS
Amounts falling due within one year 6 10,476 7,785
NET CURRENT LIABILITIES (1,317 ) (1,532 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

100

1,109

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings - 1,009
SHAREHOLDERS' FUNDS 100 1,109

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 3 October 2017 and were signed by:





B Fitzpatrick - Director


MANCHESTER DESIGN FACTORY LIMITED (REGISTERED NUMBER: 08348022)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2017


1. STATUTORY INFORMATION

Manchester Design Factory Limited 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 the provisions of Section 1A "Small Entities" 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 cost convention.

These financial statements for the year ended 31st January 2017 are the first financial statements that comply with FRS 102.
The date of transition is 1st February 2016

The transition has resulted in a small number of changes in accounting policies to those previously used.

The accounts have been prepared in accordance with FRs 102. There were no material departures from that standard.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added
tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that
it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively
enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in
which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or
substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be
recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are
charged to the profit and loss account as incurred.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

MANCHESTER DESIGN FACTORY LIMITED (REGISTERED NUMBER: 08348022)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2017


4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 February 2016 3,521
Additions 482
Disposals (1,511 )
At 31 January 2017 2,492
DEPRECIATION
At 1 February 2016 880
Charge for year 573
Eliminated on disposal (378 )
At 31 January 2017 1,075
NET BOOK VALUE
At 31 January 2017 1,417
At 31 January 2016 2,641

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.17 31.1.16
£    £   
Trade debtors 3,705 4,028
Directors' loan accounts 3,560 -
VAT - 1,761
7,265 5,789

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.17 31.1.16
£    £   
Trade creditors 3,764 2,154
Taxation and social security 2,538 1,634
Other creditors 4,174 3,997
10,476 7,785

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.1.17 31.1.16
value: £    £   
100 Ordinary £1 100 100

MANCHESTER DESIGN FACTORY LIMITED (REGISTERED NUMBER: 08348022)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2017


8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Amounts owed from the related party at the balance sheet date a director subsisted during the years ended 31 January 2017
and 31 January 2016:

31.1.17 31.1.16
£    £   
B Fitzpatrick
Balance outstanding at start of year - -
Amounts advanced 3,560 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 3,560 -