Company Registration No. 09369122 (England and Wales)
Fabric Godmother Limited
Unaudited accounts
for the year ended 31 December 2022
Fabric Godmother Limited
Unaudited accounts
Contents
Fabric Godmother Limited
Company Information
for the year ended 31 December 2022
Directors
Josephine Hawes
Tivian Zvekan
Company Number
09369122 (England and Wales)
Registered Office
c/o i-SYT Fifth Element Limited
Basepoint Business Centre, Suite 43
Shoreham by Sea
West Sussex
BN43 5EG
England
Accountants
iSYT Accounting Limited
Basepoint Business Centre
Little High Street
Shoreham by Sea
West Sussex
BN43 5EG
Fabric Godmother Limited
Statement of financial position
as at 31 December 2022
Tangible assets
9,971
5,267
Inventories
190,568
165,568
Cash at bank and in hand
21,770
54,531
Creditors: amounts falling due within one year
(15,101)
(52,441)
Net current assets
197,237
167,658
Total assets less current liabilities
207,208
172,925
Creditors: amounts falling due after more than one year
(38,579)
(38,579)
Net assets
168,629
134,346
Profit and loss account
168,629
134,346
Shareholders' funds
168,629
134,346
For the year ending 31 December 2022 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 September 2023 and were signed on its behalf by
Josephine Hawes
Director
Company Registration No. 09369122
Fabric Godmother Limited
Notes to the Accounts
for the year ended 31 December 2022
Fabric Godmother Limited is a private company, limited by shares, registered in England and Wales, registration number 09369122. The registered office is c/o i-SYT Fifth Element Limited, Basepoint Business Centre, Suite 43, Shoreham by Sea, West Sussex, BN43 5EG, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance
Fixtures & fittings
20% Reducing Balance
Computer equipment
25% Straight Line
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2022
731
5,925
6,413
13,069
Additions
-
6,921
2,201
9,122
At 31 December 2022
731
12,846
8,614
22,191
At 1 January 2022
497
2,399
4,906
7,802
Charge for the year
47
2,089
2,282
4,418
At 31 December 2022
544
4,488
7,188
12,220
At 31 December 2022
187
8,358
1,426
9,971
At 31 December 2021
234
3,526
1,507
5,267
Fabric Godmother Limited
Notes to the Accounts
for the year ended 31 December 2022
5
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
3,027
-
Taxes and social security
8,878
24,783
Loans from directors
2,523
7,922
6
Creditors: amounts falling due after more than one year
2022
2021
7
Average number of employees
During the year the average number of employees was 7 (2021: 7).