FURNITURE AND BEDS LTD

Company Registration Number:
10368323 (England and Wales)

Unaudited abridged accounts for the year ended 29 September 2021

Period of accounts

Start date: 01 October 2020

End date: 29 September 2021

FURNITURE AND BEDS LTD

Contents of the Financial Statements

for the Period Ended 29 September 2021

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

FURNITURE AND BEDS LTD

Company Information

for the Period Ended 29 September 2021




Director: Jeppe JEPSEN
Registered office: 124
City Road
London
England
EC1V 2NX
Company Registration Number: 10368323 (England and Wales)

FURNITURE AND BEDS LTD

Directors' Report Period Ended 29 September 2021

The directors present their report with the financial statements of the company for the period ended 29 September 2021

Principal Activities

Retail sale via mail order houses or via Internet Information technology consultancy activities

Directors

The directors shown below have held office during the whole of the period from 01 October 2020 to 29 September 2021
Jeppe JEPSEN

This report was approved by the board of directors on 13 September 2022
And Signed On Behalf Of The Board By:

Name: Jeppe JEPSEN
Status: Director

FURNITURE AND BEDS LTD

Profit and Loss Account

for the Period Ended 29 September 2021


Notes

2021
£

2020
£
Gross Profit or (Loss) 2,705,141 1,962,193
Distribution Costs ( 808,592 ) ( 383,025 )
Administrative Expenses ( 1,617,186 ) ( 1,500,019 )
Operating Profit or (Loss) 279,363 79,149
Profit or (Loss) Before Tax 279,363 79,149
Profit or (Loss) for Period 279,363 79,149

The notes form part of these financial statements

FURNITURE AND BEDS LTD

Balance sheet

As at 29 September 2021


Notes

2021
£

2020
£
Fixed assets
Tangible assets: 4 55,860 3,899
Total fixed assets: 55,860 3,899
Current assets
Stocks: 1,409,277 622,398
Debtors: 29 2,727
Cash at bank and in hand: 208,103 250,651
Total current assets: 1,617,409 875,776
Creditors: amounts falling due within one year: ( 1,295,088 ) ( 779,737 )
Net current assets (liabilities): 322,321 96,039
Total assets less current liabilities: 378,181 99,938
Total net assets (liabilities): 378,181 99,938

The notes form part of these financial statements

FURNITURE AND BEDS LTD

Balance sheet continued

As at 29 September 2021


Notes

2021
£

2020
£
Capital and reserves
Called up share capital: 55 55
Profit and loss account: 378,126 99,883
Shareholders funds: 378,181 99,938

For the year ending 29 September 2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 13 September 2022
And Signed On Behalf Of The Board By:

Name: Jeppe JEPSEN
Status: Director

The notes form part of these financial statements

FURNITURE AND BEDS LTD

Notes to the Financial Statements

for the Period Ended 29 September 2021

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

FURNITURE AND BEDS LTD

Notes to the Financial Statements

for the Period Ended 29 September 2021

  • 2. Employees


    2021

    2020
    Average number of employees during the period 1 1

FURNITURE AND BEDS LTD

Notes to the Financial Statements

for the Period Ended 29 September 2021

  • 3. Off balance sheet disclosure

    No

FURNITURE AND BEDS LTD

Notes to the Financial Statements

for the Period Ended 29 September 2021

4. Tangible Assets

Total
Cost £
At 01 October 2020 3,899
Additions 51,961
Disposals -
Revaluations -
Transfers -
At 29 September 2021 55,860
Depreciation
At 01 October 2020 -
Charge for year -
On disposals -
Other adjustments -
At 29 September 2021 -
Net book value
At 29 September 2021 55,860
At 30 September 2020 3,899

4