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REGISTERED NUMBER: 04768370 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2022

for

Cameo Brides Limited

Cameo Brides Limited (Registered number: 04768370)






Contents of the Financial Statements
for the Year Ended 28 February 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cameo Brides Limited

Company Information
for the Year Ended 28 February 2022







DIRECTOR: Mrs C L Wilson





SECRETARY: Miss L C Wilson





REGISTERED OFFICE: 224g Havant Road
Drayton
Portsmouth
Hampshire
PO6 1PA





REGISTERED NUMBER: 04768370 (England and Wales)





ACCOUNTANTS: Thomas Croft Limited
Accountants And Taxation Consultants
Solent House
107a Alma Road
Portswood
Southampton
Hampshire
SO14 6UY

Cameo Brides Limited (Registered number: 04768370)

Balance Sheet
28 February 2022

28.2.22 28.2.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 525 701

CURRENT ASSETS
Stocks 5 81,880 90,506
Debtors 6 9,372 3,670
Cash at bank and in hand 1,121 409
92,373 94,585
CREDITORS
Amounts falling due within one year 7 26,076 37,679
NET CURRENT ASSETS 66,297 56,906
TOTAL ASSETS LESS CURRENT
LIABILITIES

66,822

57,607

CREDITORS
Amounts falling due after more than one
year

8

20,781

24,000
NET ASSETS 46,041 33,607

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 10 46,040 33,606
SHAREHOLDERS' FUNDS 46,041 33,607

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

Cameo Brides Limited (Registered number: 04768370)

Balance Sheet - continued
28 February 2022


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 7 September 2022 and were signed by:





Mrs C L Wilson - Director


Cameo Brides Limited (Registered number: 04768370)

Notes to the Financial Statements
for the Year Ended 28 February 2022

1. STATUTORY INFORMATION

Cameo Brides 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

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 year comprises current 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 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 1 ) .

Cameo Brides Limited (Registered number: 04768370)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2022

4. TANGIBLE FIXED ASSETS
Fixtures
Short and Computer
leasehold fittings equipment Totals
£    £    £    £   
COST
At 1 March 2021
and 28 February 2022 227 2,128 1,427 3,782
DEPRECIATION
At 1 March 2021 205 1,597 1,279 3,081
Charge for year 6 133 37 176
At 28 February 2022 211 1,730 1,316 3,257
NET BOOK VALUE
At 28 February 2022 16 398 111 525
At 28 February 2021 22 531 148 701

5. STOCKS
28.2.22 28.2.21
£    £   
Stocks 81,880 90,506

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.22 28.2.21
£    £   
Trade debtors 6,254 471
Other debtors - 580
VAT 2,902 2,578
Prepayments 216 41
9,372 3,670

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.22 28.2.21
£    £   
Trade creditors 16,143 9,224
Corporation tax 3,454 2,044
Other creditors 2,896 11,538
Directors' current accounts 1,983 13,673
Accrued expenses 1,600 1,200
26,076 37,679

Cameo Brides Limited (Registered number: 04768370)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2022

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
28.2.22 28.2.21
£    £   
Bank loans - 2-5 years 20,781 24,000

9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 28.2.22 28.2.21
value: £    £   
1 Ordinary 1 1 1

10. RESERVES
Retained
earnings
£   

At 1 March 2021 33,606
Profit for the year 14,434
Dividends (2,000 )
At 28 February 2022 46,040

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2022 and 28 February 2021:

28.2.22 28.2.21
£    £   
Mrs C L Wilson
Balance outstanding at start of year (13,673 ) (27,574 )
Amounts advanced 14,313 16,846
Amounts repaid (2,623 ) (2,945 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,983 ) (13,673 )

12. RELATED PARTY DISCLOSURES

The company was under the control of Mrs C L Wilson throughout the current and previous year. Mrs C L Wilson is the managing director and majority shareholder.

No transactions with related parties were undertaken such as are required to be disclosed under Section 1a "Small entities" of Financial Reporting Standard 102.

Cameo Brides Limited (Registered number: 04768370)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2022

13. COVID-19

In common with many other companies, the outbreak of COVID-19 in the UK and the measures being taken to control its spread have had a detrimental impact on our business. Due to safety and Government lockdown restrictions and guidance the company offices were closed during the lockdown, and business meetings and travel were restricted during the year. Some staff were furloughed during the lockdown due to a reduction in work received and inability to work from home.

The directors believe the company to have sufficient funds available to cover debt obligations and that the financial statements are to be prepared on a going concern basis. The directors consider that no further adjustments or impairments are to be made in respect to the assets or debts due to or from the company as at the balance sheet date.

The future duration and global impact of the COVID-19 pandemic remains unclear at this time. It is not possible to reliably estimate the duration and severity of the future consequences, as well as their impact on the financial position and results of the company for future periods.