Well - I am not sure if I get correctly the way in which layout designer is supposed to work - but it offers non existing methods for some of the widget controls. Two which I checked are StaticRect and GridCtrl. In case of the first one it displays SetInk() method which is not defined for StaticRect (Color() is the method to change its color).
Strange, there is no StaticRect defined for layout designer
Anyway, I have taken the chance to fix StaticText:)