SILK AND BLOSSOM LTD

Company Registration Number:
13326795 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2023

Period of accounts

Start date: 01 May 2022

End date: 30 April 2023

SILK AND BLOSSOM LTD

Contents of the Financial Statements

for the Period Ended 30 April 2023

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

SILK AND BLOSSOM LTD

Company Information

for the Period Ended 30 April 2023




Director: Gemma Adkinson
Katy Louise Davies
Registered office: 8
Farne Court
Ingleby Barwick
Stockton-On-Tees
England
TS17 0XS
Company Registration Number: 13326795 (England and Wales)

SILK AND BLOSSOM LTD

Directors' Report Period Ended 30 April 2023

The directors present their report with the financial statements of the company for the period ended 30 April 2023

Principal Activities

The companys principal activity during the period was sale and hire of wedding decor

Political and charitable donations

No political donations were made.

Directors

The directors shown below have held office during the whole of the period from 01 May 2022 to 30 April 2023
Gemma Adkinson
Katy Louise Davies

This report was approved by the board of directors on 2 October 2023
And Signed On Behalf Of The Board By:

Name: Gemma Adkinson
Status: Director

SILK AND BLOSSOM LTD

Profit and Loss Account

for the Period Ended 30 April 2023


Notes

2023
£
13 months to
30 Apr 2022
£
Gross Profit or (Loss) 2,957 263
Distribution Costs ( 9 ) ( 39 )
Administrative Expenses ( 2,587 ) ( 1,856 )
Operating Profit or (Loss) 361 ( 1,632 )
Interest Payable and Similar Charges ( 42 ) ( 13 )
Profit or (Loss) Before Tax 319 ( 1,645 )
Profit or (Loss) for Period 319 ( 1,645 )

The notes form part of these financial statements

SILK AND BLOSSOM LTD

Balance sheet

As at 30 April 2023


Notes

2023
£
13 months to
30 Apr 2022
£
Fixed assets
Tangible assets: 4 1,855 1,855
Total fixed assets: 1,855 1,855
Current assets
Stocks: 4,877 3,339
Debtors: 1,049
Cash at bank and in hand: 1,406 865
Total current assets: 7,332 4,204
Creditors: amounts falling due within one year: ( 651 ) ( 11 )
Net current assets (liabilities): 6,681 4,193
Total assets less current liabilities: 8,536 6,048
Creditors: amounts falling due after more than one year: ( 9,862 ) ( 7,693 )
Total net assets (liabilities): ( 1,326 ) ( 1,645 )

The notes form part of these financial statements

SILK AND BLOSSOM LTD

Balance sheet continued

As at 30 April 2023


Notes

2023
£
13 months to
30 Apr 2022
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: ( 1,328 ) ( 1,647 )
Shareholders funds: ( 1,326 ) ( 1,645 )

For the year ending 30 April 2023 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 2 October 2023
And Signed On Behalf Of The Board By:

Name: Gemma Adkinson
Status: Director

The notes form part of these financial statements

SILK AND BLOSSOM LTD

Notes to the Financial Statements

for the Period Ended 30 April 2023

  • 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

    Turnover policy

    turnover is measured at the fair value of the consideration received or receivable for good supplied and serviced rendered, net of discounts.
    Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

    Tangible fixed assets depreciation policy

    Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.

SILK AND BLOSSOM LTD

Notes to the Financial Statements

for the Period Ended 30 April 2023

  • 2. Employees


    2023
    13 months to
    30 Apr 2022
    Average number of employees during the period 0 0

    no employees just two directors, who aren't taking a salary or dividend yet.

SILK AND BLOSSOM LTD

Notes to the Financial Statements

for the Period Ended 30 April 2023

  • 3. Off balance sheet disclosure

    No

SILK AND BLOSSOM LTD

Notes to the Financial Statements

for the Period Ended 30 April 2023

4. Tangible Assets

Total
Cost £
At 01 May 2022 1,855
Additions -
Disposals -
Revaluations -
Transfers -
At 30 April 2023 1,855
Depreciation
At 01 May 2022 -
Charge for year -
On disposals -
Other adjustments -
At 30 April 2023 -
Net book value
At 30 April 2023 1,855
At 30 April 2022 1,855