COMPANY REGISTFiATION NUMBER: 04456338
CHARITY REGISTRATION NUMBER: 1143920
Design Midlands Limited
Company Limited by Guarantee
Unaudited Financial Statements
31 March 2023
'ACGt#)ALK*
1N1112023
CCWMIES HOUSE
111
A15
#1
ANTHON MARLOW
Chartered Cerbfied Accountants
6 Clinton Avenue
Nottingham
NG5 1AW

Design Midlands Limited
Company Limited by Guarantee
Flnanclal Statements
Year ended 31 March 2023
Page
Trustees. annual report (incorporabng the dire¢to¢s report)
Independent examiners report to the trustees
Statement of financial acb'vities (induding income and
expenditure account)
Statement of financial position
Notes to the financial statements

Design Midlands Limitsd
Company Limited by Guafantee
Trustees. Annual Report (Incorporatlng the Di￿¢t0¢S Report)
Year ended 31 March 2023
The trustees. who are also the directors for Ihe purposes of company law, present their
report and the unaudited financial statements of the charty for the year ended
31 March 2023.
Reference and admlnlstralive details
Registered charity name
DeS￿n Midugnds Limited
Charfty reglstratlon number 1143920
Company registration
number
04456338
Prlnclpal Offi￿ and
registered
office
Soulh Annex
PERA Business Park
Noltingham Road
Mellon Mowbray
Leicestershire
LE13 OPB
The trustees
Mr D Latham
Mr G Hunt
Mr J Fairfax
Mr G Howe115
Ms L Richards
Mr P Walson
Ms A Reeve
Mr S Sloney
Miss S M Bradley
(Resigned 1 May 2023)
(Appointed 14 June 20221
(Appointed 74 June 2022)
(Appointed l May 2023)
Company sKretary
Mr JA Walker
Independent examinef
Anthon Marlow
6 Clinton Avenue
Nottingham
NG5 1AW
Structure. governance and management
De￿9n mId￿ndS Limited is a company limrted by guarantee wth Gharitable status gt)verned
by rts memorandum and arbdes of association.

Design Midlands Limited
Company Limlted by Guarantee
Trustees, Annual Report (Incorporating the Directofs Reportl {¢ontln¢
Year ended 31 March 2023
Objectives and activlties
The objectives of Design=Midlands ID.'M) are..
"to enable h¥Jh standards of desvJn and archttecture in the built and living environffÉnt'
"delNer education and training to all invotréed in such creative aCtivit￿S..
'support other charitable projecls and inilialives for Q￿Unty benefrt in the Midlands.
As a charity, we are independent and impartial. advising on the htrJhest quality of design and
place making, promoting best practice, aiming to deliver the art of the possible.
Over the past fourteen years. the chanty has built up a good track record and profile,
developing strong partnerships and netrworks across all sectors.
A Prospectus for 2022123 is available on our intemet site at w*M.designmidLands.org.
Strategic report
The following four seclions fomi the straiegic overview of the charity
1. D'.M facilitates the MKllands Design Review Panel - a unique group of experts in the built
and natural environment. It manages the recruitrnent and appointffEnt of independent
pla￿makIng specialist5 that bring supwt and guidan￿ to the delivery of development
schemes within Ihe planning system.
2. Building for a Healthy Lrfe (BHL)
DeS￿n Midlands is the registered assessor for BHL in the MKllands.
3. Design Cojing
Design Midlands can engage with cornmunitie5 to offer expert advice on the National Model
08s￿n Cod&.
4. Shaping Streets
Design Midlands has a range of Panel experts who assist in the promotion of actNe travel
and how that translates into the streets and spac£s we want lo Ir￿ in.
KEY ASSOCIATES..
Julie Tanner- Associate= CEO.,
Angus Walker- Associate.. Company Secretsry
Dhamiista Patel - Associate". Design Support Seryices;
Jo Widdecombe- Associate: Planning and Learning

Design Mldlands Limited
Company Limited by Guarantee
Trustoes. Annual Report (Incorporating the Directofs Reportl (wrttnwd)
Year ended 31 March 2023
Achlevements and perforniance
Performance
The total lumover of the charity for the year has ￿Mained slable £170k despite challenging
economic conditions. The financial strategy ￿ntInued to be the diversification income
sources. Funds were received from indivKlual local and public authorities for specific
neighbourhood and communty projects.
The PTivate sector supp)rt has replaced
government grants through increased contributions to design reviews.
There has been a continued focus of resources on organisalional change and marketing.
Tolal expenditure Inc￿Se￿ from £162k lo £176k resulting in net outgoings of £6k. All
financial and operational risks are wewed by the board.
Flnancial revlew
Reserves
The free ￿se￿ie$ position al the year-end reduced by the £6k from £42k lo £36k. This
remains above the minimum levd set by trustees enabling continued investment in new
prcxlucts and servffts.
Plans for fulure perlods
Fulure strategic priorit￿$ -.
.1. Develop opportunities and expertise in each of the four stfdtegic areas.
.2. Promote the profile of the charity throughout the English Midlands.
"3. Use links with similar charities in other regions, through the Design Nelwork. to *av¢)cate
changes to national planning policies.
The trustees, annual report and the strategrc reF￿ were approved on 19 September 2023
and spjned on behaif of the tN)ar(l of trustees by..
Mr G Hunl
Trustee

Design Midlands Limited
Company Limited by Guarantee
Independent Examinerfs Report to the Trustees of Deslgn Midlands Limited
Year ended 31 March 2023
I report to the ITUStees on my examination of the financial statements of Design MKllands
Limited Ilhe Char￿￿) for the year ended 31 March 2023.
ResponsSbllities and basis of report
The trustees are also the directors of the company for the purposes of company law are
responsible for the preparation of the finanoal statements. The trustees consider that an
audrt is not required for this year under section 144(2) of the Charities A￿ 2011 {the 2011
Act) and that an independent examination is needed. l am qualified to undertake Ihe
examination by being a qualified memÈer of the AsSoC￿li0n of Chartered Certified
Ac￿Untants.
Independent examinerfs statement
I have completed my examination. I confim that no matters have come to ry allenlion in
connection with the examination giving me cause to believe:
accounting records were not kept in respect of the chanty as required by section
386 of the 2006 Act" or
the ffinancial slatemenls do not a(￿rd with those recx)rds: or
the financial statements do not compty with the accounting fequirements of section
396 of the 2006 Act other than any requirement that the accounts gNe a 'lrue and
fail view which is nol a matter Con￿dered as part of an independent examination.,
or
the financial stalements have not been prepared in accordan¢x wrth the methods
and principles of the Statement of Recommended Praclice for acwunling and
reporting by chanlies applicab￿ to charities preparing their accounts in accordance
with the Financial Reporling Standard applicable in the UK and Republic of Ireland
(FRS 1021.
I have no concerns and have come a(￿SS no other matters in connection wrth Ihe
examinalion lo which attentic)n should be drawn in this report in order lo enable a proper
understanding of the accounts to be ￿ached.
Anthon Marlow
Independenl Ex
iner
6 Clinton Aven
Nottingham
NG5 1AW
20 September 2023

Design Midlands Limited
Company Limited by Guarantse
ststement of Financial Activities
(Sncludlng Income and expenditure account)
Year ended 31 March 2023
2023
Unrestricted
funds Total funds Total funds
2022
Income and endowTnents
Donations and legacies
Total income
170,311
170,311
170,311
170,311
169,823
169,823
Expenditure
Expenditure on charttable activities
Total expendlture
6.7 (176,64n (176,6471 (162,136)
(176,64n (176,6471 (162,136)
Net {expenditurelllncome and net movement in
funds
(6.336)
(6.3361
7.687
Reconciliation of fun(ts
Total funds brought fward
Totsl furmls ¢arried forward
42.672
36,336
42,672
36,336
34.985
42,672
The statement of financial activities indudes all gains and losses recognised in the year.
All income and expendilure derive from continuing activities.
Th• not•s on pages 7 to 12 forni part ofthe¥e fina￿1￿1 statsrnents.

Design Midlands Limited
Company Limited by Guarantee
Statement of Flnancial Position
31 March 2023
2023
2022
Cuffent assets
Debtors
Cash at bank and in hand
11
37,218
26,396
63,614
50,823
26,825
77,648
Creditors: amounts lalllng du• ¥&fthln on•
Net current assets
12
27,278
34,976
42,672
42,672
42.672
36.336
36,336
36.336
Total assets less Current Ilabllitles
Net assets
Funds of the charlty
Unrestricted funds
36,336
36,336
42,672
42.672
Total ¢haTity funds
13
For the year ending 31 March 2023 the chanty was ertlilled to exemption from audtt under
se¢tion 477 of the Companies Act 2(MJ6 relating to small companies.
Dire¢tors' responsibilities-
The members have not required the company lo obtaift an audr( of its f￿anCIal
statements for the year in question in accordance with section 476"
The direclors acknoW￿dge their responsibilrties for complying with Ihe requirements of
the Act with respect to accounting records and the preparation of financial statements.
These financial ststements have been prepared in accordance with the provisions appluble
lo ojmpanies subjec* lo the small Compan￿$. regime.
These finaneial statements We￿ approved by Ihe board of trustees and authorised for issue
on 19 September 2023, and are signed on behalf of the board by:
Mr G Hunt
Trustee
The not0$ on pages 7 to 12 fonn ￿rtOf th95¢ finan¢lal 8tatemenis.

Design Midlands Limitsd
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 March 2023
General Infonnation
The charity is a public benefit entty and a private company limited by guarantee.
registered in England and Wales and a registered charity in England and Wales. The
address ol the registered office is South Annex. PERA Business Park, Nottingham
Road. Melton Mowbray, Leicestershire. LE13 OPB.
Statement of ¢ompllance
These financial statements have been prepared in Complia￿ with FRS 102. The
Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the
Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Finanual Rep)rting Standard applicable in the UK and Republic of
Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006.
3. Accounling policies
Basb of preparatlon
The financial statements have been prepared ¢)n Ihe historical Cost basis, as modifted by
the revaluation of certain financial assets and liabilities and investment properties
measured at fair value through income or expenditure.
The financial ststemenls are prepaTed in sterling, whK* is Ihe functional currency of the
entty.
Golng concern
There are no material urttrtainlies atout the chartty's ability to continue.
Dlsclosure exemptions
(a) No cash flow statement ha5 been p￿senIed for the company.
Judgements and key sources of esllmation un¢ertalnty
The preparation of the financial stalements requires management to make judgements.
estimales and assumplions thal affect the arTh)unts reported. These estimates and
judgements are conlinualty reviewed and are based on experience and other faclots.
including expectslions of fulufe events that are believed to be reasonable under the
Circumstan￿$.

Design Midlands Limited
Company Limited by Guarantee
Notes to the Financial Statements {CQnlkn4r8¢
Year ended 31 March 2023
3. Accounting pollcies {eonthu•
Fund accountlng
Unrestricted funds are availatAe for use at the discretion of the truslees to further any of
the charity's purFoses.
Designated funds are unrestl￿ted furKls earmatknd by the trustees for part￿ular future
project or commitinent.
Restricted funds a￿ subjected to reslrictions on their expendilure declared by the donor
or through the temis of an appeal. and fall into one of sub-classes.. restricted income
funds or endowment lunds.
Incoming resou￿e$
All incoming resources are induded in the statement of financial adivities when
entitlement has passed to the charrty., it is probabte that the econom￿ benefrts
associated wrth Ihe transaction will flow to the charity and the amount can be reliably
measured. The following speu'fic polioes are applied to particular categories of income..
income from donations or grants is recognised when there is evidence of
entillement to the gift. receipt is probable and its amount can be measured reliably.
legacy income is recognised when receipt is probable and entitlement is
established.
income from donated gcods is measured at the fair value of the goods unless Ihis
is impractical lo measure ￿liab￿. in which case the value is derived from the cost
to the donor or the estimated resak value. Donated facilities and services are
recognised in the accounts when receNed rf Ihe value can be reliabty measured.
No amounts are included for the contribut￿n of general volunteers.
income from contracts for the suppty of seryices Is recojnised with the delNery of
the contracted service. This is dassified as unreslncted funds unless there is
contraclual requirement for it lo be spent on a particular purpose and relumed rf
unspent. in which case il may be regarded as restricted.

Design Midlands Limitsd
Company Limited by Guarantee
Notes to the Financial Ststements (¢othu•dJ
Year ended 31 March 2023
3. Accounling poli¢Ses
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure
includes any VAT which cannot be fvlty recoveTed, and is dasSrf￿d under headings of
the statemenl of financial activities to which it relales".
expenditure on raising fijnds indudes the costs of all fundraisin9 activit*. events.
non¥charitable trading adNities, and the sale of donated gocmjs.
expenditu￿ ￿ charitable activit￿5 indudes all costs incurred by a charity in
undertaking actNities that further rts charitabie aims foT the benefit of its
beneficiaries, including Ihose support cosls and costs relating to the governan￿ of
the charity apportioned to charitable activities.
other expenditure wicludes all expendrture that ￿ neither related to raising funds for
the charity nor part of its experKliture on charilable activities.
All costs are allocated to expenditure categories refiecting the use of the reSou￿e.
Direct costs attributable lo a single activity are allocated diredly lo that activity. Shared
costs are apportioned betsveen Ihe activrties they contribute to on a reasonable,
justifiable and ￿nsIStenI basis.
Flnanclal Instruments
A financial asset or a financial liabilty is recognised only when the charity becomes a
party to the contractual proVi￿onS of the instruffEnL
Basic financial inslrumenls a￿ initialty recognised at the amount receivable or payable
including any related transaction costs.
Current assets and cur￿n1 liabilities are subsequently measured at Ihe Gqsh or other
consideration expected to be paid or received and not discA)unted.
Debt inslrurrents are subsequentty measured al amortised cost.
Where inveslments in shares are publicly traded or their fair value can otheTwise be
measured reliably. the investment is subsequentty nEasured at fair value with changes
in fair value recognised in income and eXpendrtu￿. All other such investments are
subsequenlty measured at cost less Impai￿ent.
Other financial instrumertrls, including derivalyves. ale inrtially recognised at fair value,
unless paytr*nt for an asset is deferred beyond r¢ormal business le￿S or financed at
rate of interest thal is not a markel rate, in which case the asset is measured at Ihe
present value of the future payments discounted al a market rate of interest for a similar
debt instrument.
Other financial instfuments are subsequentty measured at fair value. with aTry changes
recognised in the statement of financial actNits"es. with Ihe exception of hedging
instrumenls in a designated hedging relalionship.

Design Midlands Limited
Company Limited by Guarantee
Notes to the Financlal Statements (¢00
Year ended 31 March 2023
Accountlng policies (¢M1I71rt
Financial Instruments froftts¥u•d)
Financial assels thal are measured at cosl or arTh)rtised cost a￿ reviewed for objective
eviden￿ of rmpairment at the end ot each reporting dale. If there is objectr've evidence
of impaimient, an impairmenl loss is recognised under the appropriate heading in the
statement of financial activilies in which the initial gain was recognised.
For all equty instruments regardless of signffjKance. and other financial assets that are
individualty signifThnt, these are assessed indrvidualty for impairment. Other financial
assets are either assessed individualty or grouped on the basis of similar credrt risk
chara¢teristi¢s.
Any revevsals of impairment are recognised immediatety. to the extent that the reversal
does not resull in a carrying amount of the financral asset that exceeds what the
Carying amount would have been had the impairment not previously been rec¢gnised.
Limited by guarantee
The company is a limf(ed by guarantee wrlh membets being required lo contribule an
amount not exceeding £1 in the event of the company being wound up.
Donations and legacles
Unreslricted Totsl Funds Unrestricted Total Funds
Funds
2023
Funds
2022
Donations
Development contributions
166.052
166,052
167.223
167.223
Grants
Granls r￿e1Vable
4,259
4,259
1.iJ)O
1.000
Other donations and legacies
Training evenl$
1.600
169.823
1,600
169,823
170,311
170.311
Expenditure on charitable activities by fund type
unre￿rICted fotal Funds Unrestricted Total Funds
Funds
2023
Funds
2022
Design reviews
Project wsts
Associale costs
Support costs
54.896
113,559
6.954
1,238
176,647
54.896
113.559
6,954
1.238
176,647
53.112
99,161
3.936
5,927
53,112
99,161
3.936
5,927
162.136
162.136
10-

Design Midlands Limited
Company Limited by Guarantee
Notes to the Financial Ststements {COhllnuedJ
Year endod 31 March 2023
7. Expendlture on charitable activlties by actlvity type
Aclivf(ies
undertaken
direct
Support Totsl funds Total fund
costs
2023
2022
Design reviews
Project costs
Associate costs
Govemance costs
54.896
113.559
6.954
54,896
113.559
6,954
1,238
176.647
53,112
99.161
3,936
5,927
162.136
1.238
1.238
175.409
Independent examlnation fees
2023
2022
Fees payab￿ to the independent examiner for:
Independent eXaMinat￿n of the financial statements
980
975
9. Slaff Costs
The average head count of employees during the year was nil {2022- nil). The average
number of full-time equivalent employees during the year is anatysed as
follows..
2023
2022
No.
Number of staff Management
No salaries or wages have been paid during the year.
No employee r￿lved employee benefts of more than £60.000 during the year (2022:
Nil).
10. Trustee remuneralion and expenses
No remuneration or other beneffts from ery)loyment with the charity or a related entty
were received by the truslees.
11. Debtors
2023
2022
other debtors
37.218
50,823
Other debtors indudes amounts due from tjesign review contribulions.
11

Design Midlands Limited
Company Limited by Guarantee
Notes to th8 Financial Statements {¢OrfriueOJ
Year ended 31 March 2023
12. Creditor5: amounts falllng due within one year
2023
2022
Trade creditors
Accruals and deferred income
Other creditors
11,58S
5.180
10,513
27.278
24.692
1,130
9,154
34,976
13. Analysis of charltable funds
Unrestrlcted funds
At 1 April
2022
Income Expenditure At 31 March
2023
General funds
42.672
170.311
{176.647)
36,336
Al 1 April
2021
Income Expenditure At 31 March
2022
General funds
34.985
169,823 (162.136)
42.672
14. Analysis of net assets between funds
UnrestrLled Total Funds
Funds
2023
Current assets
Creditors less than 1 year
Net assets
63,614
(27,278)
36.336
63,614
127,2781
36.336
Unrestricted Total Funds
Funds
2022
Current assets
Creditors less than 1 year
Net assets
77,648
77.648
{34,9761 (34,9761
42.672
42,672
12-