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REGISTERED NUMBER: 08730008 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 December 2021

for

Limely Limited

Limely Limited (Registered number: 08730008)






Contents of the Financial Statements
for the Year Ended 31 December 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Limely Limited

Company Information
for the Year Ended 31 December 2021







DIRECTORS: G Dodd
N Moustoukas
G S Rogers
A J Forshaw





REGISTERED OFFICE: 2nd Floor, Suite B
10 St John Street
Chester
Cheshire
CH1 1DA





REGISTERED NUMBER: 08730008 (England and Wales)





ACCOUNTANTS: Haines Watts
Military House
24 Castle Street
Chester
Cheshire
CH1 2DS

Limely Limited (Registered number: 08730008)

Balance Sheet
31 December 2021

31.12.21 31.12.20
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 1,266 2,248

CURRENT ASSETS
Debtors 5 37,466 53,048
Cash at bank 283,918 236,930
321,384 289,978
CREDITORS
Amounts falling due within one year 6 (112,822 ) (92,383 )
NET CURRENT ASSETS 208,562 197,595
TOTAL ASSETS LESS CURRENT
LIABILITIES

209,828

199,843

CAPITAL AND RESERVES
Called up share capital 7 40 40
Retained earnings 209,788 199,803
SHAREHOLDERS' FUNDS 209,828 199,843

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 September 2022 and were signed on its behalf by:





G Dodd - Director


Limely Limited (Registered number: 08730008)

Notes to the Financial Statements
for the Year Ended 31 December 2021

1. STATUTORY INFORMATION

Limely 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.

The financial statements are presented in sterling which is the functional currency of the company, rounded to the nearest £1.

Turnover
Revenue 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.
Plant and machinery etc - 33% on cost and 25% on cost

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 10 (2020 - 8 ) .

Limely Limited (Registered number: 08730008)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 January 2021 26,039
Additions 274
At 31 December 2021 26,313
DEPRECIATION
At 1 January 2021 23,791
Charge for year 1,256
At 31 December 2021 25,047
NET BOOK VALUE
At 31 December 2021 1,266
At 31 December 2020 2,248

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Trade debtors 33,161 26,918
Other debtors 4,305 26,130
37,466 53,048

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Bank loans and overdrafts 876 1,656
Taxation and social security 109,644 88,425
Other creditors 2,302 2,302
112,822 92,383

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.12.21 31.12.20
value: £    £   
40 ordinary 1 40 40