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REGISTERED NUMBER: 13308332 (England and Wales)

















Unaudited Financial Statements

for the Period 1 April 2021 to 30 April 2022

for

Little Acorns Clothing Limited

Little Acorns Clothing Limited (Registered number: 13308332)






Contents of the Financial Statements
for the Period 1 April 2021 to 30 April 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Little Acorns Clothing Limited

Company Information
for the Period 1 April 2021 to 30 April 2022







DIRECTOR: Ms S K Bason





SECRETARY: Ms S K Bason





REGISTERED OFFICE: 16-18 Station Road
Chapeltown
Sheffield
South Yorkshire
S35 2XH





REGISTERED NUMBER: 13308332 (England and Wales)





ACCOUNTANTS: Lishmans LLP
16-18 Station Road
Chapeltown
Sheffield
South Yorkshire
S35 2XH

Little Acorns Clothing Limited (Registered number: 13308332)

Balance Sheet
30 April 2022

Notes £    £   
FIXED ASSETS
Intangible assets 4 25,137
Tangible assets 5 7,084
32,221

CURRENT ASSETS
Stocks 583
Debtors 6 623
Cash at bank 5,637
6,843
CREDITORS
Amounts falling due within one year 7 32,311
NET CURRENT LIABILITIES (25,468 )
TOTAL ASSETS LESS CURRENT LIABILITIES 6,753

PROVISIONS FOR LIABILITIES 8 1,346
NET ASSETS 5,407

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 5,307
5,407

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2022 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 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 director and authorised for issue on 1 September 2022 and were signed by:



Ms S K Bason - Director


Little Acorns Clothing Limited (Registered number: 13308332)

Notes to the Financial Statements
for the Period 1 April 2021 to 30 April 2022

1. STATUTORY INFORMATION

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2021, 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.
Fixtures and fittings - 20% on reducing balance basis
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period 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 period 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.

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.

Little Acorns Clothing Limited (Registered number: 13308332)

Notes to the Financial Statements - continued
for the Period 1 April 2021 to 30 April 2022

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 27,930
At 30 April 2022 27,930
AMORTISATION
Charge for period 2,793
At 30 April 2022 2,793
NET BOOK VALUE
At 30 April 2022 25,137

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 9,358
At 30 April 2022 9,358
DEPRECIATION
Charge for period 2,274
At 30 April 2022 2,274
NET BOOK VALUE
At 30 April 2022 7,084

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 213
Other debtors 410
623

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 12,049
Taxation and social security 863
Other creditors 19,399
32,311

8. PROVISIONS FOR LIABILITIES
£   
Deferred tax 1,346

Little Acorns Clothing Limited (Registered number: 13308332)

Notes to the Financial Statements - continued
for the Period 1 April 2021 to 30 April 2022

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Provided during period 1,346
Balance at 30 April 2022 1,346